CIT(A) directed to consider rectification application u/s 154 against CPC adjustment made u/s 143(1)(a) In a recent judgment, ITAT has…
50 percent expenditure allowed from Consultancy services without proof of expenses in view of the provisions of section 44ADA ABACUS…
Increase in threshold limits for presumptive taxation schemes u/s 44AD and section 44ADA Under the existing provisions of Section…
Addition for cash deposit in bank set aside where AO accepted the turnover under presumptive taxation ABCAUS Case Law CitationABCAUS…
Construction of flats purchasing land amounts to civil construction and profit earned thereon, are eligible for taxation U/s 44AD of…
No further disallowance when income is computed u/s 44AD. ITAT directs AO to make assessment u/s 44AD as desired by…
Cash deposits in bank can be explained as out of gross receipts u/s 44AD from contract business. ITAT deleted addition…
Applicability of section 44AD for Railway Ticket Commission Agent upheld when in addition to booking he has to arrange conveyance…
Provisions of Section 44AD not apply when the gross receipts is above 40 lakhs. High Court remands the case back…
Applicability of Presumptive Tax if actual profit is more than presumptive income. Shifting from salary to professional receipts to take…