applicability must be examined with reference to the statutory provisions

Recent Posts

• Section 43B: Unpaid Service Tax Cannot Be Disallowed When No Deduction Was Claimed
• Section 50C: ITAT Mumbai Says AO Cannot Ignore a Pending DVO Reference
• Unsold Flats Are Not Tax-Free! Mumbai ITAT Explains Notional Rent, Municipal Value and Section 43CA Relief
• WhatsApp Chat Alone Cannot Prove ₹24.21 Crore On-Money: ITAT Ahmedabad Deletes Addition
• Section 54: Does Joint Ownership With Wife Reduce Capital Gains Exemption by 50%?
• Section 74 Cannot Be Invoked by Merely Using the Words “Fraud” or “Suppression”: Supreme Court Lays Down Important Safeguards
• Section 16(5): A Second Chance for Old GST Input Tax Credit Claims
• Electricity Subsidy Taxable? Supreme Court Reiterates the “Purpose Test”
• Can a CBDT Circular Override the Income Tax Act? Supreme Court Gives an Important Reminder
• Builder’s Cash Receipts: When Can Unexplained On-Money Be Taxed Under Section 69A?