All transactions in shares of penny stock company are not sham transactions
The Delhi High Court in case report [2025] 174 taxmann.com 918 (Delhi)[20-05-2025] given a clear signal that all transactions in…
......Read MoreThe Delhi High Court in case report [2025] 174 taxmann.com 918 (Delhi)[20-05-2025] given a clear signal that all transactions in…
......Read MoreOnly because a taxpayer has omitted to file an appeal against a prima facie adjustment u/s 143(1) cannot prevent him…
......Read MoreSs (3) of section 148Astates that the Assessing Officer shall, on the basis of material available on record and taking…
......Read MoreHere is a case of a person who is slapped with a notice of reopening on the basis of search…
......Read MoreQuoting from 288 ITR 1 (SC)- S. A. Builders Ltd.‘s case the Delhi bench of ITAT in UK INDIA BUSINESS…
......Read MoreReading from Supreme Court decision in 365ITR389 it appears material date of purchase or date of transfer of immovable property…
......Read MoreBy a landmark decision of the ITAT rendered in (2024] 120 ITR (Trib) 295 (ITAT[Bang]) it is held that where…
......Read MoreThere are two adjoining sections 263 and 264. Whereas section 263 deal with orders prejudicial to the interest of revenue…
......Read MoreIn FDC case ruling by the Mumbai bench of ITAT in (2024] 119 ITR (Trib) 799 (ITAT[Mum]) which while setting…
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