Transfer of shares of a foreign subsidiary to another step down foreign subsidiary without consideration & applicability of section 47(iii)
Additions under section 69B couldn’t be made merely relying on confession statement obtained during search.
Capital gains Exemption u/s 54F if Assessee is holding one more residential property in joint name with his wife when Purchase was done by wife of assessee and also paid by her only
Excellent representation by CTC for extension of Due Dates for Tax Audit, Transfer Pricing Audit and Income Tax Return Filing for the Assessment Year 2020-21
Income Tax Raids on Business house involved in Steel trading & manufacturing reveals Bogus Purchase of around Rs. 170 Cr
Income Tax u/s 41(1): Genuineness of payable or creditors was to be examined in the year in which they originated
No relief to the Commissioner of Income Tax who was accused of corruption charges, causing loss of Rs. 7.26 Cr to the revenue.
Income Tax Search and Seizure: Application of seized assets during the course of an Income Tax search towards the self assessment tax liability of an assessee- whether permissible