principle of consistency

  • Income Tax

Disallowance u/s 40(a)(ia) for non deduction of TDS on amount credited to Provision account deleted

Disallowance u/s 40(a)(ia) for non deduction of TDS on amount credited to Provision account deleted by High Court on principles…

3 years ago
  • Income Tax

Cash deposits out of sale of opening stock not unexplained income High Court upheld ITAT

Cash deposits out of sale of opening stock not unexplained income. High Court upheld ITAT order which followed rule of…

3 years ago
  • Income Tax

Assessee not permitted to change head of income as per his own sweet will & convenience – ITAT

Assessee not permitted to change head of income as per his own sweet will and convenience. ITAT upheld addition following…

4 years ago
  • Income Tax

Revisional order u/s 263 quashed following rule of consistency

Revisional order u/s 263 quashed following rule of consistency, Revenue argued that the principle of res judicata has no application…

5 years ago
  • Income Tax

Charges for Conversion of residential house usage to commercial is revenue expenses

Charges for Conversion of residential house usage to commercial revenue expenses as they are incurred on year-to-year basis and nor…

5 years ago
  • Income Tax

Disallowance for prepaid insurance expenses set aside on the principle of consistency

Disallowance For prepaid insurance expenses set aside on the principle of consistency where incurrence of expenditure for the purposes of…

6 years ago