Waiver of loan not cessation of trading liability u/s 41(1). Provision of Section 28 (iv) do not apply to benefits…
Material found in a Survey made simultaneously at a connected person can be used in Block Assessment of an assessee…
80HHC deduction entitlement to supporting manufacturer who receives export incentives as duty draw back, Duty Entitlement Pass Book etc.-SC refers…
Deduction allowed as per Guidance Note of ICAI for lease equalization charges as there was no express bar in Income…
Stock Appreciation Rights received prior to 01.04.2000 not perquisite u/s 17(2)(iiia) such provisions being not retrospective-Supreme Court The Revenue…
Interest earned on share application money kept in fixed deposit was liable to be set off against the public issue…
Satisfaction u/s 158BD can not be arrived without examination, verification of seized books documents. SC uphelds validity of notice issued…
Supplying blue prints can be considered as technical services u/s 80-O but deduction rightly denied as they were not produced…
Reassessment on change of opinion on the same facts and circumstances already in AO’s knowledge during the original assessment proceedings…
Excise classification of coconut Oil in small packings-In view of the difference of opinion, the Registry directed to place appeals before CJI ABCAUS Case Law Citation: ABCAUS 228…