If Cash inflow statement prepared by assessee shows availability of sufficient cash with assessee at the time when the jewellery was purchased then Income tax authorities are not justified in ignoring the relevant statement
Land & Building Sale: If the price of two capital assets has been charged as one consolidated figure the assessee is entitled to bifurcate the same.
No addition could be made in case of concluded assessments and non abated assessments in absence of incriminating material discovered during search.
Why do we Need New Portal when the Old Portal was already doing extremely well? Why so much trial & error on the taxpayers?
Grievances of the Tax Payers and Tax Practitioners due to newly launched website of Income Tax Department: Representation by All Odisha Tax Advocates Association
GST on service supplied by State Govt. to their undertakings or PSUs by way of guaranteeing loans taken by them
Clarification regarding rate of tax applicable on construction services provided to a Government Entity, in relation to construction such as of a Ropeway on turnkey basis
