No Penalty u/s 271(1)(c) on filing revised return when no such questionnaire was issued with notice u/s 143(2) ABCAUS Case…
Harish Salve gets relief from ITAT. Funding education of Indian law students abroad allowed as business expenditure u/s 37(1) as…
Partners salary revised just before end of financial year allowed being in accordance with terms of deed and law ABCAUS…
Addition u/s 69 for unexplained cash deleted by the Tribunal. It was held that tag of another bank found on…
STamp duty valuation not a relevant criteria to decide payment of on-money by assessee but piece of evidence to ascertain…
Education cess is an allowable expenditure under Section 37 of the Income Tax Act 1961. ITAT allows deduction on the…
Reason recorded by non jurisdictional Assessing Officer cannot give jurisdiction to the jurisdictional Assessing Officer. ABCAUS Case Law CitationABCAUS 3449…
Deduction u/s 35(1)(ii) for scientific research allowed in hands of donors, notwithstanding approval granted to Organization withdrawn retrospectively ABCAUS Case…
Advance taken in cash against sale not loan or deposit u/s 269SS hence no penalty us/ 271D is leviable on…
Annual letting value of property u/s 23(1)(a) on the basis of Municipal Valuation accepted by ITAT ABCAUS Case Law CitationABCAUS…