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Recent Posts
- Orders Issued Electronically Without Initial DIN Are Valid If Subsequently Communicated With Correct DIN
- Filing Objections Only With Assessing Officer Invalidates DRP Claims and Mandates Statutory Appeal Under Section 246A
- Inadvertent Filing of Form 10-IF Under Section 115BAD Allows Recomputation of Taxable Income Under Old Regime
- Reassessment Under Section 147 Based on Search Material Is Void as Section 153C Provisions Apply Exclusively
- LTCG Exemption and Commission Additions for Penny Stocks Cannot Stand Without Direct Evidence Against Assessee
- No Additions Can Be Made Under Section 153A in Unabated Search Assessments Without Incriminating Material
- Cash Deposits by Bank Mitra and Accounted Rent Are Non-Taxable; Penalty Applies Once Per Default Category
- Corporate Guarantee Settlement Liability Crystallized in Previous Year 1997-98 Is Deductible Business Expenditure Under Section 37(1)
- Ad Ad Hoc Disallowance of Purchases and Business Expenses Is Unsustainable Without Independent Verification or Defect in Books
- Irrecoverable VAT/CST Refunds and Valid Debt Write-Offs Are Allowable Deductions Under Income-Tax Act
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