In a recent judgment, ITAT, Amritsar has ruled that CIT(A) was right in taking the the highest amount of cash deposits…
In a recent judgment, ITAT Amritsar has endorsed that Premium of Keyman Insurance Policy (KIP) is an allowable business expenditure. Case…
ITAT Amritsar, in a recent judgment has held that shipping charges (Inland haulage charges, Terminal handling charges, Bunker adjustment factor,…
In a recent judgment, ITAT, Amritsar has upheld the disallowance u/s 14A read with Rule 8D where major part of partners…
Assessment in pursuance of order u/s 263 based on a judgement subsequent to the date of original assessment cannot be…
Mere hiring of vehicle without any risk associated with the carriage of goods does not amount to carrying out any…
ITAT Visakhapatnam in a recent judgment has ruled that Assessing Officer cannot sit in the chair of the businessman and direct…
In a recent judgment Chennai ITAT has upheld the addition made for notional house rent under the provisions of section…
Cancellation registration u/s 12AA of a charitable trust based on oral statement related to bogus donation entries without any evidence…
The deduction claimed for a pay/wage revision is an ascertained liability and cannot be termed as contingent because the wage and…