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Recent Posts
- I. Interest on Delayed TDS not deductible u/s 37(1); it is Penal/Statutory in nature
- I. Transfer Pricing Adjustment Remanded: DRP Must Verify Operating Nature of Expenses for All Comparables
- I. Director’s Salary Allowed: Section 132(4) Statement Retracted & Tax Neutrality Proven
- Capital Gains on JDA Remanded; Tribunal questions Ownership, Year of Transfer, and Business Income vs. Capital Gain
- I. Section 50C cannot be invoked against Purchaser; Addition deleted
- Reopening Quashed due to “Borrowed Satisfaction”; AO failed to link Insight Portal Info to Assessee
- Penalty under Section 270A for “Misreporting” Deleted; Wrong Head of Income is not Misreporting
- I. Reassessment Quashed: Addition Unrelated to “Reasons to Believe”
- “Bogus Purchases” Addition u/s 69C Deleted; GST Returns & Affidavits Proved Genuineness
- Testamentary Trust Taxed at Maximum Marginal Rate (MMR) due to Filing Error; Matter Remanded for Verification
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