Articles by this Author
Income Tax
Income Tax
Addition u/s 69 based on loose papers sustained on failure to contradict facts found during search
Service Tax
Service Tax
Letting out of halls/ rooms by hotels and restaurants for organizing function is covered under ‘mandap keeper service’
Service Tax
Service Tax
Any other amount charged not for providing taxable service cannot be part of valuation
Income Tax
Income Tax
Disallowance of short term capital loss merely based on information from investigation wing is unsustainable
Income Tax
Income Tax
Exemption u/s 54 available even if capital gain is invested in more than one residential houses
Income Tax
Income Tax
Borrowing funds at higher rate & lending to director shows diversion of funds for non-business purpose
Income Tax
Income Tax
Genuineness of unsecure loan repaid via banking channel cannot be doubted based on surmises
Income Tax
Income Tax
Addition unsustainable as identity and creditworthiness of investor company duly proved
Income Tax
Income Tax
Brought forward unabsorbed depreciation can be set-off against income from other sources allowed
Income Tax
Income Tax
Without remote link between activities of other projects with PE, Force of Attraction Rule not apply
Custom Duty
Custom Duty
Customs broker not obliged to do physical address verification of exporter
Income Tax
Income Tax
Denial of TDS credit to deductee because of non-payment by deductor is untenable
Excise Duty
Excise Duty
Area-based exemption available based on substitution undertaken vide notification 34/2005 dated 30.09.2005
Income Tax
Income Tax
