If AO has not made any primary, independent enquiry, addition done u/s 68 during reassessment is not valid
No disallowance under section 43B towards electricity duty which is collected as an agent on behalf of the Government
If amenities charges in respect of leased building is forming an integral part of the building, it would be taxable as ‘Income from house property’
If no addition is made on subject-matter for issue of reassessment notice under section 148, no addition could be sustained on other counts
Income Tax Raid: Growing tendency to inform the media, even before the completion of investigation is a crude attempts to claim credit for imaginary investigation breakthroughs should be curbed: Supreme Court
Tax Audit Report: Credit Cooperative Society & Applicability of section 269SS & 269T Vs. The Common Error
Issuance of notice u/s 131 (1A) of the Income Tax Act’1961 after conclusion of Income Tax Search and Seizure u/s 132 of the Income Tax Act’1961 – Legal Paradox
If certain investments have not earned exempt income, no disallowance of expenditure having nexus with such investments can be done