Whether different view on same set of material as available at the time of original assessment can be taken for return filed u/s 153A ?
Mere delay in depositing TDS within the time limit prescribed in S. 200 & Rule 30 is an offense sufficient to attract protection : Karnataka HC
Landmark Judgment :Distance from the metropolitan area isn’t relevant to classify a land as rural agricultural land
Adhoc disallowance of expenses without finding any specific defects in books of account not justified
Disallowance of an expense per se cannot mean that the assessee has furnished incorrect particulars of its income
Making a claim, which is found to be unacceptable in law cannot be treated as furnishing of inaccurate particulars of income.