Demonetisation Tax Shock Gets a Reality Check: Rajasthan HC Rules 60% Tax Under Section 115BBE Not Applicable for AY 2017-18
Presumptive Taxation Under Section 44AD Saves Taxpayer from Bogus Billing Allegation: ITAT Deletes Additions Under Sections 68 and 69C
No Quantum, No Penalty: ITAT Holds Section 271(1)(c) Penalty Cannot Survive When Assessment Is Sent Back for Fresh Adjudication
Income Tax Department to Challenge Bombay High Court’s Trust Registration Ruling: What It Means for Charitable Trusts