Tenet Tax Daily August 24 2019
ITAT directs re-examination of Non-speaking order passed by CIT(A)
In case there was no reasonable cause for delay in deposit of TDS rigorous imprisonment of Assessee is justified
Tenet Tax Daily August 22 2019
Sec. 80-IB deduction eligible to assessee engaged in business of manufacturing & exporting honey
Tenet Tax Daily August 21 2019
Compensation paid in respect of land taken on lease could not be allowed as revenue expenditure without examining terms of the lease agreement – matter remanded
Tenet Tax Daily August 20 2019
If tax was deducted on bona fide estimate the deductor cannot be treated as assessee-in-default
Tenet Tax Daily August 19 2019
Admission by partner that sum received from NRI was firm’s own money – Sec. 69A additions valid
Tenet Tax Daily August 17 2019
No denial of Sec. 54 relief if delay to give possession of new house was on account of developer
Tenet Tax Daily August 14 2019
Revenue expenditure – expenditure incurred for upgrading cricket stadium in accordance with ICC standards: HC
Tenet Tax Daily August 13 2019
Expenditure related to scientific research does not require approval to claim deduction u/s 35(1)(i)
Tenet Tax Daily August 10 2019
Reassessment not necessary since sum was duly returned due to non-materialisation of deal to develop IT Park
Tenet Tax Daily August 09 2019
One of the business undertaking sold along with assets & liabilities would fall within meaning of slump sale
Tenet Tax Daily August 08 2019
Outstanding demand for granting stay to include Advance tax & TDS deposited by assessee
Tenet Tax Daily August 07 2019
If a warrant of authorization is issued search & seizure operation cannot be set-aside
Tenet Tax Daily August 02 2019
Sum deposited in capital gain account scheme before filing belated ITR – Sec. 54F relief to be allowed
Tenet Tax Daily August 01 2019
In view of willful evasion of payment of tax by assessee application for waiver of interest rejected by HC
Tenet Tax Daily July 31 2019
Can two adjacent properties be treated as one house for sec. 54 claim
Tenet Tax Daily July 29 2019
Cash available with assessee not disclosed in ITR does not automatically call for reassessment
Tenet Tax Daily July 27 2019