res-judicata

  • 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

Relief granted by CIT(A) accepted in one case in one year can not be challenged in other year

When relief granted by CIT(A) is accepted in one case in one year, it is not open to revenue authorities…

5 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

Conversion of shares as stock-in-trade into investment-no prohibition in law. Res-judicata no bar in like questions in subsequent years-Kolkata High Court

Conversion of shares as stock-in-trade into investment-no prohibition in law. Res-judicata no bar in like questions in subsequent years-Kolkata High…

7 years ago
  • Income Tax

Without change in facts, situation or law, no different stand can be taken. Rent taken as house property income not business

In case there is no change in the facts, situation or in law, the Revenue cannot be allowed to adopt a…

8 years ago