Interest Free Advance to Sister Concern
Under section 260A inserted by the Finance (No. 2) Act, 1998 an assessee can directly appeal to the High…
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Today's
54F exemption is protected even in multiple ownership of residential properties ......Read More
Yesterday's Club expenditure ......Read More
Yesterday's Club expenditure ......Read More
Powers of Commissioner (Appeals)
The Delhi High Court in the case of CIT v. Union Tyres (107TAX447) before it a case of a…
......Read MoreCertificate of Registration u/s 12A
Before the Gujarat High Court in the case of Adivasi Kheti Vikas Yojana v. CCIT (107TAX445) the registration certificate u/s…
......Read MoreRefund on Regular assessment
The Andhra Pradesh High Court in the case of CIT v. Bakelite Hylam Ltd. (107TAX429) held that the assessing officer…
......Read MoreDeveloper/ Builder’s Agreement
In the case of DCIT v. G.H.P.Corp. (107TAX133) the assessee engaged the services of a developer for development and construction…
......Read MoreObligations of Surety
In a case before the Allahabad High Court the petitioner, who stood surety to pay income tax, wealth tax and…
......Read MoreService Of Notice- Dept. To Substantiate Evidence
It was a case of a trust that denied its liability in respect of a demand notice issued by the…
......Read MorePenalty U/S 271(1) (c)
The Patna High Court in the case of CIT v. Kailash Crockery House (107TAX386) held that furnishing inaccurate particulars of…
......Read MoreInterest on Amount Refundable on Reassessment
In a set aside case, being relevant to A.Y. 1989-90 or any earlier year, the assessee made a claim for…
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