Articles by this Author
Income Tax
Income Tax
Sufficiency/ correctness of material relied by AO for re-opening not to be considered
Excise Duty
Excise Duty
Sikko Sol not used in Automobile not classifiable under 2710 12 13
Income Tax
Income Tax
Disallowance u/s 14A restricted to amount of exempt income
Income Tax
Income Tax
Expense deducted from export turnover should be deducted from total turnover for computing deduction u/s 10A
Fema / RBI
Fema / RBI
Enhancement of sentence based on statement of acquitted co-accused unjustified
Income Tax
Income Tax
Disallowance of marketing and survey expenses unsustainable as identity of party is proved
Fema / RBI
Fema / RBI
Repatriation of sale proceeds of export expiry with statutory period of six months
Custom Duty
Custom Duty
Re-exporting of goods without payment of customs duty not permissible on expiry of bonded period
Income Tax
Income Tax
Legal sale of gold using prohibited currency/ SBNs not permissible
Income Tax
Income Tax
Sale of software products/licenses is not royalty and hence not taxable
Income Tax
Income Tax
No addition towards notional rent as residential asset held as stock-in-trade
Income Tax
Income Tax
Reopening of assessment for contingent nature of addition unsustainable
Income Tax
Income Tax
Commodity transactions in regular course of business are not speculative transaction
Income Tax
Income Tax
