No re-opening notice could be issued to society after registration u/s 12A for earlier assessment years in terms of 3rd…
In ICAI Open Book’ methodology exam also the student required to write answers not copy-paste in the answer book –…
Disallowance of ITC under UP VAT Act 2008 not same as in Karnataka VAT Act with respect to by-product/exempt goods…
In revision proceedings CIT cannot travel beyond the reasons given in the show-cause notice u/s 263 – Supreme Court dismisses…
Interest income earned on fixed deposits of Clubs are taxable under Section 2(24) of the Income Tax Act and principle…
Service Tax show cause was illegal as classification of services mentioned was completely erroneous – Supreme Court In a recent…
Income Tax Act provides complete machinery for assessment/reassessment of tax, assessee is not permitted to abandon that machinery and invoke…
Before notice to director for recovery u/s 179, Revenue must establish recovery cannot be made from Private Company – SC…
Security deposit given for renting a premise could not be treated as revenue expenditure when the deposit if foregone -…
Bitumen not valuable article u/s 69A as it requires ownership in large quantity to treat it valuable - Supreme Court…