Landmark Judgement: Payment made up to the due date of filing of the return of income u/s 139(4) allowable as deduction u/s 54F.
Reopening of the case U/s 148: Principle of reopening as laid down by Supreme Court in the case of Sabh Infrastructure Ltd vs ACIT on 25 September, 2017
No TDS done as Assessee having bona fide belief that section 194A not applicable: An Interesting Issue before Ahmedabad ITAT
Validity of Revision u/s 263 if there is no examination as regards eligibility of exemption u/s 54/54F while framing assessment under section 153A & there is no incriminating materials found during the course of search
The Most common addition of the Future: Unexplained investment in House property & it’s addition as Income from undisclosed sources
IRDAI orders insurers to clear cashless admission authorisation as well as patient discharge claims within an Hour
Significant Economic Presence for taxing business income is operationalised by the Central Board of Direct Taxes