Manipulation of accounts by company which raised inference o diversion of funds, petition to direct Central Government to take steps to investigate into affairs of company was to be allowed
Allowability of Business loss from Foreign exchange fluctuation on forward contract- whether a notional loss?
Transitional provisions of Input tax credit in Tran-1 form not uploaded due to technical glitches- Relief granted by Kerala HC
Section 50C not applicable if assessee invested entire “Actual Net Sale Consideration” in new house property u/s 54F – Lucknow Tribunal also confirmed it
Assessee to prove ‘no willful default’ during Trial. J & K HC Upheld prosecution proceedings initiation u/s 276C/ 277
Activity of running school buses to facilitate transportation of students and staff, whether a commercial activity for exemption u/s 11