Addition for Bogus creditors converted into cessation of liability as goods were defective and vendors had not shown amount as…
High Court refuses to quash prosecution proceedings u/s 276C, directs prayer for bail be considered and decided if applicant surrenders…
NRE Account interest exempt u/s 10(4)(ii) only if assessee is resident outside India for the concerned fiscal year under FEMA…
Opposition of trade mark registration before Registrar is a quasi judicial proceedings and can not be termed as groundless threats…
Prosecution filed without initiation of assessment proceedings upheld. Compounding or approaching Settlement Commission not a natural right - Sessions Court …
No tax audit in one proprietorship firm-ITAT deleted penalty u/s 271B as when no accounts was maintained, assessee was not…
Additional depreciation on revenue expenditure on installation of plant and machinery allowable. ITAT directs AO to delete the addition ABCAUS…
Approval u/s 153D not empty formality and not valid in the eyes of law if granted without application of mind…
Prosecution u/s 276CC quashed as accused age was more than 70 years at the time of commission of offence as…
Guarantee does not amount to an international transaction under section 92B of the Income Tax Act. ITAT ABCAUS Case Law…