Having afforded a hearing, ITO can not attach assessee’s bank straightway without informing as to whether the stand taken by…
Assessment made without notice u/s 143(2) where ITR-V not received within 30 days can not be sustained. The extended period of…
Special Audit u/s142-2A relying upon the audit Reports of CAG without recording detailed reasons not sustainable. Order passed must show…
Reimbursement of expenses not income though TDS was deducted on such payments u/s 194C or 194H as contract/commission payments -High…
Approval by CIT even before recording reasons by AO for reopening u/s 147 may reflect premature approval but need not…
Expenditure on Construction and improvement on leased building-Revenue or capital. Enduring benefit cannot be a conclusive test and it cannot…
Interest on bank fixed deposit not credited to account taxable on mercantile basis. It is no defense that TDS was not…
Gratuity provision allowed even though fund was approved by Commissioner in next year. Assessee cannot be denied benefit merely for…
Presumption u/s 132(4A)-No further proof u/s 37 of expenses recorded in books seized was required as department failed to rebut…
Tax component of tax free salary is taxable as salary not income from other sources under section 195A which provides…