Proceedings under the Insolvency and Bankruptcy Code (IBC), 2016 cannot dilute the rights of the Tax Department to reopen the assessment U/S 148
Public authority must not exercise that power just because it would be lawful for the said authority to exercise the same: Bombay ITAT.
Power of RBI to withhold remittance to be made under Automatic route to Wholly owned Subsidiary cannot be used to reject the remittance on whimsical and arbitrary reasons.
No GST on Sale of plots: Amenities are a natural part of sale of plot of land and these do not in any way change nature of land or of transaction or activity being that sale of land.
Validity of disallowance u/s 40A(3) in respect of cash payments made over the statutory limit by the Driver of the Assessee
For capital Gain Exemption, possession is to be taken as purchase of a new house within a 2 years period