Booking of flat with builder is construction within the meaning of section 54 and hence period of three years apply…
Assessment made on revised ITR with fake figures filed for bank loan purpose quashed as the original return was belated…
Deduction u/s 36(1)(vii) allowed for sales tax component of bad debts written off in the books of accounts. in any…
Addition made for electricity variation with quantum of production deleted. Lower consumption of electricity for the same quantum of production…
Penalty u/s 272A(2)(c) imposed on a bank branch for delay in submitting information called u/s 133(6) deleted as bank branches…
No disallowance for mistake in Transporters declaration details filed u/s 194C with Income Tax Authorities. Deduction is allowable if all…
Addition on account of milling gain on adhoc basis without conducting any enquiry, without any cogent and specific reason or…
Additions made due to typing error in Form 3CD is not legally permissible where auditor of the assessee inadvertent committed…
Assessee cannot be penalized for non response or non attendance by creditors in response to notice when all details regarding…
No requirement to file Form-10B at the time of registration u/s 12AA. Audit Report in Form 10B is to be…