Addition under Section 68 is not sustainable where CIT (A) had given bald findings without giving any cogent and convincing reasons based on evidence on record.
Receipt of amount under a settlement for agreeing to not disputes the probate & withdraw caveat is not liable for taxation
No revision u/s 263 if AO has done enquiries. AO has not given reasons in the assessment order is not indicative, always, of whether or not he has applied his mind. : Delhi HC
Benefit of capital gain exemption could not be denied merely because the builder failed to hand over possession of flat to assessee within prescribed time
Booking of flat is to be considered as a case of construction for the purpose of capital gain exemption section 54?
CBDT issued order for processing of returns with refund claims beyond the prescribed time limits in non-scrutiny cases
GST: Input tax credit is not available on the detachable sliding and stacking glass partitions and the same is part of immovable property.
Alternate Minimum Tax (AMT): An overview of the provision applicable to Individual, HUF, Firms, AOP etc
Section 263 of the Act invests a power of revision in a superior officer and therefore, by the very nature of the power, does not allow for supplanting or substituting the view of the AO.
Taxation of partnership firm under section 9B and section 45(4) of the Income-tax Act, 1961: Applicability with Examples
If Statutory procedure prescribed for communicating Show Cause Notice (SCN ) is not followed, it tantamount to Violation of principles of Natural Justice : Assessee’s appeal allowed
Notices U/S 148 are inconsistent with Law and creating unnecessary confusion and harassment for taxpayers: DTPA appealed to recall notices issued
Validity of detention of goods alongwith vehicle if there is a difference in value in e-way bill and original delivery challan
