No penalty for accepting loan in cash from sister concern for making labour payments at far off places and there was an urgency to do so: Orissa HC
No addition u/s 69A for cash deposits during demonetization if the same is routed through regular books of account of assessee which was not rejected by AO: Chandigarh ITAT
Delhi HC decides the date of issue of notices sent through various modes for purposes of time-barring reassessment.
No reference made to the clarifications of the appellant in the order for rejection of exemption, order to be set aside: ITAT
Section 80P deduction is available if the income tax return is not filed: ITAT analyzed section 80A (5)
Deduction for provision of doubtful debts may be allowed even if assessee has not written off such provision in ledger a/c of Book Debt
Registration Restored despite the fact that the application for revocation / appeal was not made in time.
ITC not allowed on steel, cement and other consumables used for reinforcing foundation and structures: AAR
Cash payments to the agriculturists are allowable U/s 40A(3)- How to prove that the recipient is an agriculturist?
Delay in filing the form to claim the credit, ITAT allows the benefit of credit to Actress Sonakshi Sinha