Revision u/s 263 ordered for dropping penalty proceedings u/s 271(1)(c) set aside as AO took a view by adopting a…
Foreign travel expenditure on visit to trade fair with tourist visa . ITAT restricted disallowance to 50 per cent in…
No Addition u/s 68 to be made as unexplained cash credit if loan creditor had deposited cash before issue of…
Deemed Annual value of old dilapidated house not habitable set aside for verification as deemed provision u/s 23 not applicable…
Exemption u/s 10(37) for compulsory acquisition not be denied merely because the sale price was fixed through a negotiated settlement…
Forfeiture of deposit on account of cancellation of lease allowed as business loss u/s 28 being incidental to regular business…
Sale of land situated within 8 KM of local municipality limit. Difference in certificate issued by Tahsiladar and internet details…
Non-cultivation of land due to vagaries of nature will not change the character of land from agriculture to non- agricultural…
Additional depreciation on small items engaged in manufacturing of food products allowed. It cannot be denied for installing items at…
Depreciation on intangible assets on conversion of proprietorship into private limited company allowed as the transaction was not considered sham…