Applicability of transfer pricing provisions w.r.t. specified domestic transactions – section 40A(2)(b)
Default by employers in not issuing Form 16 TDS certificates to employees prima facie makes employers liable to prosecution u/s 405 of the IPC
Whether profit arising from hedging contract entered into by a manufacturer solely for the purposes of making profit out of its manufacturing activity can be claimed as deduction under section 80IB?
Mumbai ITAT Applies adjustment analogy u/s. 140A regarding tax-payments to ‘refunds’ also; Accepts taxpayer’s Section 244A interest computation
If rent is due for receipt only after fulfillment of certain conditions precedent, which are not yet fulfilled, then no addition for Income from house property is to be made : Mumbai ITAT
“AO cannot ask for payment of even 20% of Disputed Tax till the disposal of the appeal by CIT-A – Bombay HC Decision”