Interesting issue : One time Processing fees paid to bank & It’s allowsbility when it is capitalised in the books for accounting purpose but claimed as deduction for income tax purposes
GST : Power conferred upon the Assessing Authority under section 83 is very drastic, far-reaching power and that power has to be used sparingly and only on substantive weighty grounds and for valid reasons.
Assessee participated in proceedings – Not precluded from raising the issue of jurisdiction at appellate level
Validity of capital gain exemption under section 54F if at the time of agreement, residential property was not in existence
Penalty u/s 271(1)(c) : Validity if there is an iconsistency between the charge on which notice for penalty was issued and the charge on with the penalty was imposed
Capital gains—Deduction under section 54EC—Investment not made with in prescribed time due to non-availability of REC Bonds
Posting order at Regional e assessment Unit , Kolkata : Regional e Assessment Unit getting operational all over the country.
Validity of Addition under section 68 where creditworthiness and genuineness not proved but Alleged outstanding loan was repaid subsequently
Validity of ddition under section 68 when cash amount explained as derived from sale of agricultural produce
No addition in the hands of other person if cash found is accepted as income by the person in whose possession it was found
Whether TDS required on cash withdrawals on cash withdrawals by customer from its account with credit Co-operative society: New Section – New controversy in section 194N
Admissibility of deduction towards educational expenses in respect of daughter of one of the Directors of the assessee company
Salary Income : Difference in 26AS & Salary income offered for taxation in income tax return due to difference between employer and employee
