debatable issue

  • Income Tax

No revision u/s 263 can be done on debatable Issue on applicability of Section 115BBE – ITAT

No revision u/s 263 can be done on debatable Issue on applicability of provision of Section 115BBE of the Act…

6 months ago
  • Income Tax

Whether expenditure is capital or revenue is debatable issue for levy of Penalty

Whether an expenditure is capital or revenue squarely fall within the ambit of a debatable issue. Penalty u/s 271(1)(c) deleted…

4 years ago
  • Income Tax

Reducing depreciation rate not debatable issue to invoke section 154 for rectification

Reducing depreciation rate not debatable issue to invoke section 154 for rectification. Error discovered from records constitute apparent error ABCAUS…

5 years ago
  • Income Tax

Penalty 271(1)(c) deleted on debatable issue of revenue or capital receipt of the freight subsidy

Penalty 271(1)(c) deleted on debatable issue of revenue or capital receipt of the freight subsidy not accounted for on mercantile…

6 years ago