Erroneous offering of amounts as income
Merely because the assessee had erroneously offered a particular sum for taxation, the Revenue cannot take advantage of the ignorance…
......Read MoreMerely because the assessee had erroneously offered a particular sum for taxation, the Revenue cannot take advantage of the ignorance…
......Read MoreA final order passed without prior show-cause notice as well as draft assessment order causes violation of the principles of…
......Read MoreThe bench of the Tribunal in (2022] 28 ITR (Trib)-OL 737 (ITAT[Agra] in a wake up call order caller for immediate redressal…
......Read MoreAn order passed without considering the reply to the show cause and draft assessment order filed by the taxpayer is…
......Read MoreFor a charitable society that makes any profits their exemption claim is not determined on the basis of commercial nature…
......Read MoreThe High Court in (2022] 447 ITR 29 (All) held that renovation of bare shell premises taken for business would…
......Read MoreOn noticing shortcomings in the assessment order the Gujarat high Court in [2022] 446 ITR 571 (Guj) issued following advisory to…
......Read MoreComputers are entitled to higher depreciation rate. However in the Act no definition of “computer“ can be found. The bench…
......Read MoreHarping on the Principles of judicial discipline the High Court in 2022] 446 ITR 734 (Telangana) held that the orders of the…
......Read MoreNon compete fee is made taxable as trading receipt vide Finance Act 2003. The AO however imposed tax on such…
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