Validity of Revision order under section 263 if it is erroneous and prejudicial order

Landmark & Interesting Judgment on applicability of Presumptive taxation under section 44AD on Partner’s remuneration and interest

Indexation benefit available from the date of individual payment

Taxability of Gift received from HUF – An Interesting case

CBDT simplifies assessment process for recognized start-ups

Interest cost incurred for acquiring land as stock-in-trade couldn’t be allowed as deduction

TDS : Trust cannot be included within “Individuals and HUF” & liable to Penalty for non compliance

Addition made by AO could not be sustained in the absence of adverse material found in assessee’s premises during search.

Precaution to be taken while finalizing books of accounts of private limited company

ITC Benefits cannot be denied to purchaser because of subsequent de-registration of selling dealers

Powers of CIT (A) in enhancement of income in respect of natter not at all considered by AO in the course of assessment

GST: Classification & Rate of Tax on Fabrication of bus body on chassis to be supplied by Original Equipment Manufacturer

Validity of reassessment if No valid service of section 143(2) notice

Very Practical Issue : Validity of addition on non-CASS issues without obtaining due permission from superior authorities

GST: Classification & Rate of Tax on Hydraulic Kits supplied to dealers/distributors or body builders

When law doesnot meet logic – Presumptive taxation scheme u/s 44AD

WHETHER DEPRICIATION ALLOWABLE EVEN IF THE UNIT IS CLOSED?

Expenses on ball pens, medical gifts given to doctors with logo of Pharma co. not to be treated as freebies