Addition for liability existing in balance sheet u/s 41(1). CIT(A) had no locus standi to enhance the assessment for the…
CA acting as middleman arranging accommodation entries of share capital-premium through fictitious companies. Commission income estimated @ 1% upheld ABCAUS…
Tibunal Appellate Tribunal and other Authorities (Qualifications, Experience and other Conditions of Service of Members) Rules 2017 MINISTRY OF FINANCE…
Short Term Capital Gain when purchases of any share not repeated. Income held by ITAT as capital gain not business…
Addition for interest income where only TDS was accounted for upheld. There is difference between inability to pay at all…
Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld as no credible explanation given for omission & source…
Fixed Deposit interest income during pre-operative period taxable as income from other sources and can not be set off against…
Voluntarily charity not business expenditure u/s 37(1). Mere assertion that it was incurred for business cannot be accepted without establishing…
Permission for non-agricultural use not make land non-agricultural liable to capital gain tax when it was proved beyond doubt that…
Revision order us 263 on conducting additional enquiry on different pattern when AO conducted adequate enquiry and took view permissible…