Affidavits may provide shelter in certain situations during assessments
Sometimes an affidavit sworn on oath could serve as good and proper material when bills or proofs in support of…
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Today's
In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Yesterday's House purchase exemption ......Read More
Yesterday's House purchase exemption ......Read More
Jurisdiction can be a million dollar question
Jurisdiction subject could play notchy sometimes. In (2023] 31 ITR (Trib)-OL 629 (ITAT[Mum]) the taxpayer successfully cracked the assessment on…
......Read MoreNotice without sharing material available with AO is liable to be quashed
Citing SC decision in Ashish Agarwal case the High Court in (2023] 454 ITR 326 (Bom) emphasised that it goes without…
......Read MoreAuditors under Sterner lens
Auditors under sterner lens- [2023] 151 taxmann.com 40 (Article)
......Read MoreRenovation of convention centre
In [2023] 21 ITR-OL 613 (Ker) hotel meridian spent Rs. 7,13,89,107 for full scale renovation of their Convention Centre which has been…
......Read MorePiara singh case no longer a good law
In the well known case of piara singh the asessee was found to be in the business of smuggling of…
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