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Recent Posts
- Interest on FDRs disallowed u/s 80P as investment income exceeded income from credit facilities
- Disallowance under Section 14A read with Rule 8D upheld due to insufficient voluntary disallowance
- Registration application restored to CIT(E) after condoning delay attributed to counsel’s negligence
- Assessee not liable for TDS on alleged cash payments absent corroborative evidence or reassessment proceedings
- Assessee granted opportunity to seek condonation for late filing to claim Section 80P deduction
- Tribunal remands matter to CIT(A) to allow assessee to seek delay condonation for Section 80P claim
- Tribunal remands cash deposit case to CIT(A) for fresh adjudication barring limitation objection
- ITAT remands exemption denial to CIT(A) to consider revised Form 10BB and delay condonation
- Interest on enhanced land compensation is taxable u/s 56(2)(viii) subject to 50% deduction u/s 57
- 77 Cr Cash Deposit Addition Remanded; Illness & Tech Challenges Valid Causes for Non-Appearance
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