Validity of addition sustained on the ground that the signature of the confirming parties were barely visible though address of the confirming parties was available in the confirmation

Validity of addition sustained on the ground that the signature of the confirming parties were barely visible though address of the confirming parties was available in the confirmation    Short Overview  Where the assessee had received money in bank account via ...
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Interesting Judgement: Profit from the sale of jaggery is not an agricultural income as conversion of sugarcane into jaggery was also not an essential process to make sugarcane marketable.

Interesting Judgement: Profit from the sale of jaggery is not an agricultural income as conversion of sugarcane into jaggery was also not an essential process to make sugarcane marketable.   Short Overview  Where assessee had no specific reason or justification for ...
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Activity of assessee for converting gold bricks, biscuits or bars, into jewellery amounted to production or manufacture of a new article and accordingly, qualifies for deduction under section 80-IB.

Activity of assessee for converting gold bricks, biscuits or bars, into jewellery amounted to production or manufacture of a new article and accordingly, qualifies for deduction under section 80-IB.   Short Overview Jewellery has a distinctive name, character and use. It can ...
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CBDT issues SOP for handling writ petitions where assessment is made under the Faceless Assessment Scheme 2019 or penalty is passed under Faceless Penalty Scheme, 2021 if NaFAC/CBDT is one of the respondents

CBDT issues SOP for handling writ petitions where assessment is made under the Faceless Assessment Scheme 2019 or penalty is passed under Faceless Penalty Scheme, 2021 if NaFAC/CBDT is one of the respondents   Date: 26-7-2021 National Faceless Assessment Centre, Delhi 2nd Floor, Jawaharlal Nehru ...
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