IT JudgementNo disallowance u/s 43B if the tax is not debited to the P & L Account6 years agoNo disallowance u/s 43B if the tax is not debited to the P & L Account Disallowance under Section…
IT JudgementAllowability of Deduction under section 10A/10AA on Profit enhanced due to disallowance under section 40(a)(ia)6 years agoAllowability of Deduction under section 10A/10AA on Profit enhanced due to disallowance under section 40(a)(ia) Jt. CIT v. Mphasis…
IT JudgementDeemed dividend under section 2(22)(e): Receipt of advance vis-a-vis no accumulated profit in case of lending company6 years agoDeemed dividend under section 2(22)(e): Receipt of advance vis-a-vis no accumulated profit in case of lending company Short Overview Since…
IT JudgementAddition merely on the basis of information obtained from other department is not sufficient to treat the transactions as bogus6 years agoAddition merely on the basis of information obtained from other department is not sufficient to treat the transactions as bogus…
IT JudgementValidity of Prosecution under section 276B read with section 278B on failure to deposit TDS to government account6 years agoValidity of Prosecution under section 276B read with section 278B on failure to deposit TDS to government account Short Overview…
IT JudgementTransaction could not be regarded as colorable device merely on the reasoning that there was no tax liability arising in the hands of seller being wife of the assessee.6 years agoTransaction could not be regarded as colorable device merely on the reasoning that there was no tax liability arising in…
IT JudgementPurchases from unregistered dealers & its treatment as bogus by AO for want of evidences6 years agoPurchases from unregistered dealers & its treatment as bogus by AO for want of evidences IN THE SUPREME COURT OF…
IT JudgementTransaction could not be regarded as a colorable device merely on the reasoning that there was no tax liability arising in the hands of the seller being the wife of the assessee.6 years agoTransaction could not be regarded as a colorable device merely on the reasoning that there was no tax liability arising…
IT JudgementRecovery surveys only after going through the “Profile View” and “Asset Details” in Project Insight.6 years agoRecovery surveys only after going through the “Profile View” and “Asset Details” in Project Insight. CBDT has instructed the…
Income TaxArm’s Length Price (ALP) and tolerance range for Wholesale Trading & Others cases6 years agoArm’s Length Price (ALP) and tolerance range for Wholesale Trading & Others cases MINISTRY OF FINANCE (Department of Revenue)…
Income TaxHouse purchased in the name of wife and income tax impact6 years agoHouse purchased in the name of wife and income tax impact A Person purchased a House Property in the name…
Income TaxUdaipur Tax Bar Association demands extension of due date for submitting Tax Audit Report and for filing IT Returns6 years agoUdaipur Tax Bar Association demands extension of due date for submitting Tax Audit Report and for filing IT Returns …
Income TaxKota Tax Bar Association made representation for extension of due date for submitting Tax Audit Report and for filing IT Returns6 years agoKota Tax Bar Association made representation for extension of due date for submitting Tax Audit Report and for filing IT…
Income TaxApplication for lower deduction of tax by the non-residents6 years agoApplication for lower deduction of tax by the non-residents Any resident person selling the property is liable for TDS @…
Income TaxAll about TCS on Liberalized Remittance Scheme (LRS)6 years agoAll about TCS on Liberalized Remittance Scheme (LRS) The Income Tax Department is tracking and keeping a trail of information…
IT JudgementGST : Reverse Charge Mechanis & Security services availed of by University6 years agoGST : Reverse Charge Mechanis & Security services availed of by University IN THE AUTHORITY FOR ADVANCE RULING–CHHATTISGARH BENCH KALPANA…
IT JudgementNo penalty for repayment of loan in cash if the assessee demonstrated that transactions were genuine as it is a mere mere technical violation without any loss to the Revenue6 years agoNo penalty for repayment of loan in cash if the assessee demonstrated that transactions were genuine as it is a…
IT JudgementValidity of Assessment notice under section 153C & Recording of satisfaction in cse of documents seized of other persons from residential premises of searched person6 years agoValidity of Assessment notice under section 153C & Recording of satisfaction in cse of documents seized of other persons from residential…