Bedridden person can have agriculture income, advance loan. Summarily Rejecting creditworthiness despite pattadar passbook without verification wrong-ITAT. This was held…
DVO Valuation report taking 2 Percent per month escalation for determining the value of property relying on nine month old sales…
15% deduction for CPWD and State PWD rate variation allowable when AO estimated the cost of building construction based on the report of…
The Word record us 154 include all records available with AO. Rectification of Mistake not confined to mere clerical or…
No Violation us 269SS-loan accepted passing journal entries. When the loan is accepted by acknowledgement of debt by passing journal…
Penalty 271(1)(c) quashed for non-malafide conduct to evade tax payment in the case of 68 years aged retired scientist not very much conversant with the…
Addition made as stop gap arrangement till TDS return revised to ascertain the true nature of the transactions set aside by ITAT…
DVO Reference u/s 55A condition u/s 50C applies only when stamp duty value is higher than the sales consideration as per agreement. This…
Assessee entitled to option u/s 112(1)(a) for indexation/ non-indexation and pay tax on capital gains @20% or 10%. Benefit cannot be denied merely for…
Reopening of a case u/s 147/148, a post mortem exercise of analysing materials produced subsequently will not cure an inherently defective…