Onus of establishing the conditions of taxability is always on the Revenue and the burden lies on the Revenue to show that there is an understatement of the consideration.
If the construction of house started but not completed within prescribed time, exemption u/s 54 would not be available
Not allowing an opportunity to cross-examine witnesses is a serious flaw which can make impugned order nullity as it amounts to violation of principles of natural justice
Newly incorporated Company to automatically get enrollment certificate and registration certificate under the Maharashtra Professional Tax Act, 1975
PSU employee can not be treated as “Government Employee” for the purpose of taxation of Leave Encashment Under Section 10(10AA)(i)
No incriminating material found during the course of search : Addition not sustainable as it is outside the scope of section 153A.
Arrest of a CA in Jodhpur: Who Next? -Time for Tax Consultants to review &revisit their routine activities
Alleged bogus LTCG of penny stock : Probability of preponderance without any direct evidence to prove the transactions as non-genuine or sham or demonstrating appellant’s involvement in any kind of manipulation is illegal and cannot sustain.
GST: Electricity charges paid by applicant to electricity supply authority for power consumed towards common facilities and separately recovered from members is liable to GST as consideration received for supply of maintenance services to members
