Day: October 11, 2015
11 articlesIncome Tax

Income Tax
Depreciation cannot be allowed forcefully if not claimed by Assessee
Income Tax

Income Tax
Deduction u/s 80IB(10) cannot be denied to developer for mere P&L presentation without appreciation of facts
Income Tax

Income Tax
Sec 80IB(10) 5% Commercial Area Restriction applicable from 01-04-2005
Income Tax

Income Tax
AO cannot disallow loss for mere non-maintenance of qualitative stock records
Income Tax

Income Tax
Penalty u/s 271(1)(c) cannot be levied for mere Assessment of Income at higher Percentage
Income Tax

Income Tax
Deduction u/s 80IB(11A) allowable from A.Y in which business commences
Income Tax

Income Tax
Re-opening due to mere audit objection not valid
Income Tax

Income Tax
No Penalty on additions sustained on alleged Bogus Purchase for mere non-production of parties
Income Tax

Income Tax
No Penalty u/s 271(1)(c) if advance tax paid on undisclosed income
Income Tax

Income Tax
Construction Business- No Revenue recognition if substantial risk & reward not transferred to buyer
Income Tax

Income Tax
