Consumable items on account of furnishing sofa, microwave, etc cannot be considered as cost of improvement for computation of capital gain: ITAT Mumbai
Bombay HC quashed the reopening which was made within 4 years on the same issue which was examined during 143(3) proceedings
High Court has dismissed the writ petitions in a most casual manner which is unsustainable: Supreme Court in Vishal Ashwin Patel Vs ACIT
If the view taken by the A.O. is clearly plausible in law, it cannot be displaced in a revisionary proceedings by a very untenable or a debatable view.
AO should grant immunity from penalty and prosecution if conditions U/S 270AA are satisfied: Delhi HC
Late deposit of employees contribution to the provident fund and ESI, cannot be disallowed if it is deposited before the due date of the filing of the return of an income
Whether case can be remanded back to lower authority to provide adequate opportunity to assessee to substantiate with evidences creditworthiness and genuineness of transactions?
Request by CIRC for issue of a memorandum on standard operating procedure to be observed and to be followed by, police or any other authority,while making an ARREST OF CHARTERED ACCOUNTANTS