Tenet Tax Daily February 05 2016
Settlement amount paid by firm on behalf of its partner couldn’t be treated as exp. in its hand
A Co. can’t be excluded from list of comparables merely on ground of low turnover
Tenet Tax Daily February 04 2016
Notice can be affixed at main door of assessee’s premises if he refuses to receive it
Tenet Tax Daily February 03 2016
Exp. incurred by solicitor on medical treatment of his eyes is personal expense; disallowable
Tenet Tax Daily February 02 2016
AO couldn’t impose penalty without bringing out any specific charge for its imposition
Tenet Tax Daily February 01 2016