Month: July 2016

Recent Posts

• Interest on Borrowings for Capital Reduction Held Deductible under Section 36(1)(iii): ITAT Mumbai
• No Revision of Returns through Appeals: Kerala HC on Additional Evidence in 69A Cases
• Once purchases are held to be bogus, the entire amount claimed cannot be whittled down by estimating a profit element
• Double Pension, Single Tension: The Tale of Form 26AS Confusion!
• A Win for Real Estate: ITAT, Nagpur Confirms Retrospective Application of 10% Tolerance Band for Sec. 43CA
• ITAT Nagpur on Section 80P: When “Operational Funds” Don’t Become “Other Income”
• Judicial Interpretation of Sections 54/54F: Commencement of Construction and the Limits of Extension:
• Section 43CA Relief: ITAT, Nagpur aggregates Land Deals, Quashes ₹57.68 Lakh Tax Demand
• Compliance Calender October 2025
• Production of directors not mandatory to prove genuineness of transaction; Deletes commission addition: ITAT Delhi