Reassessment upheld for non disclosure of Interest income set off against interest on loans and advances when production was not…
Explanation can not be rejected applying prudent mans behaviour test. High Court deletes addition made for cash deposits applying Principle…
After enactment of GST, administrative Charges on Molasses can not be levied under the provision of the U.P. Sheera Niyantran…
Assessee in default u/s 201 not absolved if the resident who receives the payment without TDS files a loss return.…
ICAI jurisdiction in disciplinary proceedings is confined to Show-Cause Notice. It can not ask response on applicability of Income Tax…
Addition for cash deposit in joint bank account with grandfather upheld. High Court rejected the plea that the assessee was…
Authority for recording of satisfaction for grant of registration u/s 12AA-High Court upheld ITAT direction for registration of Charitable Institution.…
Provisions for exemptions u/s 10(23C) and 12AA are completely different and independent Rejection of former did not automatically result in…
Refund u/s Section 244A for delay in curing defects in TDS certificates-Commissioner of Income Tax is the final fact finding…
Penalty u/s 271AAA-what constitutes substantiating how undisclosed income was derived-High Court explains prerequisites of statement u/s 132(4) to avert penalty…