Disallowance u/s 14A/Rule 8D upheld where major part of partners capital, bank and unsecured loans were stuck up in receivables
In a recent judgment, ITAT, Amritsar has upheld the disallowance u/s 14A read with Rule 8D where ma...
Cancellation of Charitable Trust Registration u/s 12AA for Bogus Donation Entries without evidence
In a recent order, ITAT Lucknow has quashed an order cancelling registration u/s 12AA of a charitabl...
House rent addition on notional basis u/s 23 for unrealised rent upheld when property was not vacant
In a recent judgment Chennai ITAT has upheld the addition made for notional house rent under the pro...
When bye-laws was amended, society was entitled to registration u/s 12AA from the date of establishment
In a recent judgment, ITAT Chennai has held that when the amendment was made in the . of the so...
Deduction claimed for a pay/wage revision is an ascertained liability not contingent
The deduction claimed for a pay/wage revision is an ascertained liability and cannot be termed as...
Reassessment proceedings cannot be resorted to only to examine the facts of a case
Reassessment proceedings cannot be resorted to only to examine the facts of a case, no matter how de...
Itemized sale of plant and machinery of a unit was not sale as a going concern unit, hence, sale was not slump sale u/s 2(42C)
Itemized sale of the plant and machinery of chemical unit vide agreement was not the sale of the u...
Issuance of notice under Rule 19 of the ITAT Rules, 1961, itself does not make the appeal admissible
Issuance of notice under Rule 19 of the ITAT Rules, 1961, itself does not make the appeal admissible...
Additions made for non furnishing name address details of raddi-wallas for purchases made deleted
In case of purchases made from small raddi-walas/kabadi-walas it is not practically possible to h...
Without change in facts, situation or law, Revenue can not take different stand. Rent taken as house property income not business
In case there is no change in the facts, situation or in law, the Revenue cannot be allowed to adop...