Provision for doubtful debts is held admissible deduction u/s36(1)(vii)
By a landmark decision of the ITAT rendered in (2024] 120 ITR (Trib) 295 (ITAT[Bang]) it is held that where…
......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…
......Read MoreHaving a PAN and not filing a return may be a strict NO NO. It can trigger assessment notice. In…
......Read MoreBy the decision from the Allahabad High Court in (2024] 471 ITR 68 (All) a taxpayer may seek quashing of…
......Read MoreIn dismissing writ of TELCO CO-OPERATIVE SOCIETY LTD. in (2024] 471 ITR 285 (Jhar)it is held desirable under the law…
......Read MoreBy the decision in Math Gadwaghat Trust( 2024]119 ITR (Trib) 134 (ITAT[Varanasi]) it is held that administrative nature of expenditure…
......Read MoreIn the case citation [2005] 275 ITR 491 (Mad) the assessee incurred consultancy expenditure for subscribing to “News Bulletin”/ “Information…
......Read MoreThe Delhi High Court in (2024] 470 ITR 493 (Del) held that : A. there is no predeposit prescription requiring…
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