Wrong deduction at a lower rate of payments for advertising products which was distributor u/s194C instead of u/s194I for that the payment could not be disallowed u/s 40 (a) (ia).
Construction not completed within 3 years, still capital gain exemption available: Interesting Income Tax
No disallowance for excess payment (Reasonableness & Adequacy of expenses are only available when the payment is made to a related party)
Prohibition of Benami Property Transactions Act: Payment of advance salary by employer to its employee to defeat purpose of demonization didn’t come under purview of Benami Transaction