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…
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Wrong reopening ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Notice 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…
......Read MoreNo double taxation no double recovery
In the matters of TDS deduction there is always a grey area for the payer whether to deduct or not…
......Read MoreBrand valuation before conversion of partnership firm into private limited company
In [2022] 29 ITR (Trib)-OL 602 (ITAT[Chen]) the assessee company is held eligible for claim of depreciation on brand value…
......Read MoreGatecrashing residential premises in the garb of survey- when warranted
Survey of residential premises- [2023] 150 taxmann.com 287 (Article)
......Read Morecaveat/precondition to 148/148A
Dr. Anita Sumanth J in her ruling in [2023] 450 ITR 568 (Mad) while dealing with the contextual relevance of the…
......Read MoreStay-High pitched assessment case
A typographical error in mention of exemption section lead to a high pitched assessment in [2023] 451 ITR 77 (Bom). As…
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