Power of revision cannot be exercised solely because of a difference of opinion between the AO and CIT
Whether disallowance of interest expenses u/s 14A read with 8D(2)(ii) can be made if own interest free funds are higher than investments?
Tax Administration Authorities cannot give their own interpretation to legislative provisions on the basis of their own perception of trade practices: Supreme Court
FAQ on applicability of TDS on interest payment by Large Credit co-operative societies: CA Naresh Jakhotia
Supreme Court Interesting Judgment on Section 115BBA which deals with taxation of Non-Resident sportsmen or sports associations
Jewellery as per CBDT Circular No. 1916 is in addition to the Jewellery which is duly supported by Bills, Voucher & explanations: Interesting observation by Jaipur ITAT
CBDT filed charge-sheet against three IRS officers for drafting and realising a report on Covid-19 Tax Without Any Authority
Appointment of Statutory Bank Branch Audit of PSB (PSBs) for FY 2019-20 – Revision in guidelines by RBI