Whether disallowance permissible u/s 43B if the statutory liabilities is shown as current liabilities and is never debited to Profit and Loss A/c ?
Draft Agenda of First Audit Committee & Board committee Meeting for every Financial Year including Directors Disclosures.
Exemption u/s 54 available if Substantial domain and control over the property had passed to the Assessee
Once Assessee is in a position to show that it has been over assessed even due to assessee’s own mistake or otherwise, the Revenue has to assess correct income : Ahemdabad ITAT
Whether exemption under section 54 is allowable if residential units of a house property are purchased from different persons?
Loan squared off by assessee by way of conversion of the loan into equity is violation of section 269T?
