Funding of the interest amount by way of a term loan does not amount to actual payment as contemplated by Section 43B
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Funding of the interest amount by way of a term loan does not amount to actual payment as contemplated by…
CIT vs. M.M. AQUA TECHNOLOGIES LTD
Recent Posts
- Any authorization issued by an authority lacking such jurisdiction would be liable to be quashed as ultra vires: Raipur ITAT
- The words ‘and also’ in section 147 cannot be read as being an alternative: Delhi HC
- Rectification orders U/s 154 not legally permissible if the issue is debatable and not a mistake apparent from the record.
- GST: Refund can’t be held back on Commissioner’s opinion alone, Twin Conditions Must Be Satisfied:
- Demonetization Cash Deposits: ITAT Mumbai deleted addition as the books of account was not rejected.
- CBIC Instruction for Grievance Redressal Mechanism for GST Registration: A welcome move
- Expenses not represented by way of Assets – Assessment quashed by Delhi HC as barred by limitation
- No penalty under Section 272A(1)(d) when Assessment Completed u/s 143(3): ITAT Cochin
- Reopening & Reassessment on the same grounds already examined under Section 147 is quashed by Delhi HC
- Accepting Adatiya’s Business Proof – ITAT Jaipure deleted addition of Rs. 8.60 Cr
