Yamuna Expressway Authority-If charitable Institution us 12AA or not to be decided by Allahabad High Court, Questions of Law framed…
Sale-purchase in only few share scrips not high volume. STCG was not business income as a person can act both…
No Concealment if return revised due to search of other person when assessee voluntarily filed revised ITR and no proceedings…
Depreciation and exemption both not allowable to charitable trust. Statutory provision u/s 32 to prevail over customary practice-commercial principle-ITAT The…
Satisfaction recording 153C-same AO for searched-other person. Even if AO is one then also satisfaction has to be recorded as…
No disallowance us 40(a)(ia) as labour charges paid were salary when PF-ES deducted regularly. Salary us 17(1) includes wages and…
Detention and Demurrage Charges disallowance us 37(1) deleted as they represented contractual charges paid for delay in loading/unloading of material…
Mere 46A application to CIT-A do not justify that papers are on record if the assessee's application under Rule 46A…
Carry forward set off charitable loss us 11 12 allowed by ITAT despite there being no such provisions but for…
Rakhi Sawant income tax appeals gets both relief and dismissal from ITAT-dismissal for delay, disallowance us 40(a)(ia) remanded assessee being…