ITAT disallows Income Tax deduction on employees’ contribution to PF & ESI beyond the Due Dates
ITAT disallows Income Tax deduction on employees’ contribution to PF & ESI beyond the Due Dates IN THE…
Income Tax
Monthly rental compensation paid during redevelopment of society is a capital receipt: ITAT
Monthly rental compensation paid during redevelopment of society is a capital receipt: ITAT Ajay Parasmal Kothari Vs ITO (ITA…
Authorities are required to grant personal hearing even if not sought by the taxpayer for adverse orders
Authorities are required to grant personal hearing even if not sought by the taxpayer for adverse orders In the…
Without Corroborating Evidence, Addition Can’t Be Made On The Basis Of A Declaration Made U/s 132(4) Of The Income Tax Act : ITAT
Without Corroborating Evidence, Addition Can’t Be Made On The Basis Of A Declaration Made U/s 132(4) Of The Income Tax…
Assessments cannot be made U/S 153A in case no incriminating evidence is found during search
Assessments cannot be made U/S 153A in case no incriminating evidence is found during search Supreme Court Case- PCIT…
SC denies GST credit on goods subjected to penal proceedings?
SC denies GST credit on goods subjected to penal proceedings? It’s a settled principle that law must be interpreted…
Confiscated goods cannot be claimed as a trading loss incidental to business: SC
Confiscated goods cannot be claimed as a trading loss incidental to business: SC The Commissioner of Income…
Controversy over existence of seized “incriminating material” for re (assessment) under section 153A/153C of the Income Tax Act laid to rest by the Hon’ble Supreme Court!
Controversy over existence of seized “incriminating material” for re (assessment) under section 153A/153C of the Income Tax Act laid to…
AO cannot make an ad hoc disallowance of expenses for want of support for each expense without pointing to defects in vouchers on a sample basis
AO cannot make an ad hoc disallowance of expenses for want of support for each expense without pointing to defects…
If the Assessing Officer has followed a decision of the High Court holding the field, the order of the Assessing Officer cannot be said to be erroneous
If the Assessing Officer has followed a decision of the High Court holding the field, the order of the Assessing…
Without pointing to defect in the vouchers, ad hoc disallowance of 10% cannot be made: ITAT Delhi
Without pointing to defect in the vouchers, ad hoc disallowance of 10% cannot be made: ITAT Delhi TPF Getinsa Euroestudios…
When addition has been made under the Black Money Law, double addition cannot be made under Income Tax Act: ITAT Delhi
When addition has been made under the Black Money Law, double addition cannot be made under Income Tax Act: ITAT…
Higher Rate of Tax collection at source on foreign remittances @ 20%
Higher Rate of Tax collection at source on foreign remittances @ 20% Query 1] I have a question…
Whether diminution in the value of investment is eligible for deduction while computing book profit u/s 115JB?
Whether diminution in the value of investment is eligible for deduction while computing book profit u/s 115JB? Calcutta High…
Can dividend distribution tax under Section 115-O of Income-tax Act, 1961 be levied in respect of the dividend declared out of agricultural income?
Can dividend distribution tax under Section 115-O of Income-tax Act, 1961 be levied in respect of the dividend declared out…
For a company to be a “Resident” in India, Domicile or Registration is irrelevant; test is where De Facto Control Lies : Supreme Court.
For a company to be a “Resident” in India, Domicile or Registration is irrelevant; test is where De Facto Control…
Addition cannot be made on the basis of messages from SMS or WhatsApp
Addition cannot be made on the basis of messages from SMS or WhatsApp between two persons unless there was…
Claim of sec. 54 benefit couldn’t be denied just on ground that same wasn’t claimed in ITR filed by assessee: ITAT
Claim of sec. 54 benefit couldn’t be denied just on ground that same wasn’t claimed in ITR filed by assessee:…
