Section 50C of not apply to transfer of leasehold right in plot of land - ITAT allowed appeal following High…
No provision exists for disallowance of expenditure in the interest of Revenue and to avoid the leakage of revenue -…
Reopening notice u/s 148 on wrong presumption that assessee not filed return of income quashed by Tribunal as non application…
ITAT rejects and disbelieves cash gifts by close relatives at the time of marriage and anniversary as no such evidence…
Penalty u/s 271(1)(b) can not be imposed when assessment order passed u/s 143(3) not best judgment assessment u/s 144 ABCAUS…
Delay in filing appeal condoned as auditor sought opinion from tax advocate who misplaced the records ABCAUS Case Law CitationABCAUS…
Assessee can not be taxed for jewellery belonging to family members erroneously or under compulsion offered to tax during search…
For computing allowable partners remuneration u/s 40(b) AO can not allocate net profit into different heads to exclude interest income …
TDS non deduction by bank where income in Form 15G/15H exceeded threshold limit of basic exemption. ITAT remands case for…
Addition for alleged cash payment based on file/data retrieved from hard disk found during search of third party quashed in…