Procedure of Additions / Assessments etc in Search and Seizure cases.

Provision for warranty is a contingent liability. Whether it is allowable as deduction

Assessment under section 153C when Documents seized not belonging to the assessee

No exempt Income = No disallowance u/s 14A

Fake invoice without actual supply, arrest & bail provision

If not a continuous activity, sale of land can not be treated as business income

If any partner does not agree to sell a firm’s property, whether the same can be considered as an encumbrance for capital gain computation?

Residential house purchased which consists of several independent units cannot be a results in denial of exemption u/s 54.

Second proviso to section 40(a)(ia) as introduced by Finance Act, 2012 with effect from 1-4-2013, being curative and declaratory in nature was applicable restrosepctively with effect from 1-4-2005, therefore, no disallowance could be made if contents of CA certificate were proved to be correct

Amount received on liquidation of shares held an ESOP is taxable as salary income or capital gain income ?

No TDS required on payment towards charges for Utilization of bandwidth

GSTN releases proposed New GST Return Prototype:

SLP dismissed by SC against HC’s order quashing reassessment as sufficient disclosure was made on receipt of Govt. subsidy

Landmark Judgement : Property held Jointly can’t be held as owned by assessee while allowing sec. 54F relief: Mumbai ITAT

Goods sold to and from the Duty-free Shops are exempt from GST: HC

And Top FDI investment in India is from Tax Heaven Countries !!

ICDS 2 requires Valuation of inventory after inclusive of taxes and duties. Ahmedabad ITAT ruled in favour of assessee where it is valued after exclusion.

Welcome Judgment: No denial to section 12AA registration for some vague reason