Allowable Cost of construction when only first floor of house was sold as per registry to reduce the stamp duty.…
Addition u/s 69A for unexplained cash deposited in bank account of the assessee in excess of his yearly salary income…
Notice u/s 148 issued prior to approval granted by competent authority bad in law In the instant case, the assessee…
Undisclosed sales being excess turnover reported in service tax return. Tribunal set aside the addition for de novo proceedings In…
Land cannot be considered as non agricultural, simply because of a Farm house located thereon . Existence of a farm…
Disallowance of interest on partner’s capital u/s 40(b) restricted to net advances out of interest bearing funds ABCAUS Case Law…
Sale of property was long term capital gain as assessee held it from the date of advance payment and balance…
Liability to pay creditors does not ceases merely because assessee could not furnish confirmation of one creditor out of several…
Mandatory provisions of Section 153C must be followed before proceeding where AO is same for person searched and third party…
Section 115BBC is silent unlike section 68 which casts obligation on assessee to explain amount credited to the satisfaction of…