Interest paid by assessee on delayed deposit of service tax is compensatory in nature and deductible as expenditure
Unaccounted cash was found in possession of assessee by Surveillance Team during general Assembly elections & Income Tax Additions
Purchase of the property which is an isolated transaction not related to the business of the appellant – Whether capital gain or business income?
Buying and selling activity in the lands characterized by a multiplicity of transactions – Income is taxable as business income and not capital gain income
Validity of reassessment on the basis of nformation emanated from Investigation Wing without aapplication of mind