Whether penalty imposed u/s 271D is rightly upheld where assessee is unable to establish that provisions of Section 269SS were not contravened – YES: ITAT
Widening of the scope of the Tax Audit Report by Cause No. 44 of the Form No. 3CD: The Terrible Time Consuming Exercise ahead
Where substantial question of law arises, appeal cannot be dismissed on technical grounds: Landmark Judgement by Calcutta HC
ITAT directs AO to consider actual value of property and not stamp duty valuation for capital gains calculation
Off-Shore Distribution Income is not Taxable from the hands of Non-Resident who did not carry out business in India: ITAT
Validity of disallowance of freight expenses under section 40(a)(ia) on ground that PAN details were not submitted to prescribed authority in prescribed form as required under section 194C(7)