No deduction towards PMS fees as it was not permissible in the computation mechanism provided in section 48
Computation of Sales, turnover, gross receipts for the purpose of Section 194Q of the Income Tax Act – 1961
CBDT issued guidelines under section 9B and sub-section (4) of section 45 of the Income-tax Act, 1961
Registration can’t be denied if carrying out operations outside India were ancillary to main object of trust: ITAT
Payment of interest for delay in construction of flats by the assessee was in fact damages though termed as interest and no tax was deductible at source under s. 194A.
Validity of Addition under section 68 on Receipt of unsecured loan if Assessee has furnished supportive details