Scope of judicial review in search matters
In search matters it is a settled law that the court cannot go into the sufficiency or adequacy of reasons…
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Today's
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
Whether there is any bar to income tax survey at residential premises!
There is a common notion that power to conduct income tax survey is limited to the business premises. In an…
......Read MoreBenami property provisional attachments
The High Court in (2023] 21 ITR-OL 509 (Mad) declined to interfere with the provisional attachment order made by the Dy…
......Read MoreRetraction of statements recorded under section 132(4) ought to be immediate, finally rules Supreme Court
A search by the income tax party is followed by recording of statement u/s 132 (4) of persons searched. …
......Read MoreBig fat weddings
Destination wedding are not uncommon these days some of which are quite on a fat scale. In the run up…
......Read MoreSearch and survey No corroborating evidence no addition
Proceedings against a person based on the sworn statement of another person, which was not corroborated by any other evidence…
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