The order of provisional attachment before the assessment order is made, may be justified if the assessing authority is of the opinion that it is necessary to protect the interest of revenue.
Capital Gain Tax & Relinquishment of right by assessee in favour of family members in bungalow jointly held by assessee
Validity of Addition to Income if Assessee failed to explain source of investment in purchase of property
Landmark Judgment: Scam has taken place in some penny stocks does not mean that all transactions in penny stocks can be regarded as bogus
Re: Companies opting for old taxation rate for availing MAT credit will get benefit of 4.08% only in tax
No denial of depreciation on trademark just because agreement on acquisition was entered into on post-dated stamp papers
Interesting Judgment : Capital Receipt is not Taxable and so Sum received as damages from tenant for unauthorized occupation of property is not liable to taxation.
Additions to income of assessee in respect of cash found during search at residential premises of his father-in – law who has accepted that cash is unjustified
Validity of assessment if Revenue failed to consider claims made towards deduction/exemption by filing revised return