Articles by this Author
Income Tax
Income Tax
Commission Agent Theory Accepted; Entire Bank Credits Not Taxable U/s 68
Income Tax
Income Tax
Repayment of Own Deposit ≠ Deemed Dividend; 2(22)(e) Not Attracted
Income Tax
Income Tax
Section 249(4)(b) Dismissal Reversed; One Opportunity to Explain Advance-Tax Liability
Income Tax
Income Tax
Third-Party DD Payment Explains Investment; U/s 69 Addition Deleted
Income Tax
Income Tax
Scrutiny Valid Despite Section 12A Rejection; Merits Restored Pending Registration Outcome
Income Tax
Income Tax
Section 50C Date Shift Allowed; Stamp Value to Be Taken as on Agreement Date
Income Tax
Income Tax
Section 80P(2)(d) Allowed; Interest from Co-op Banks Fully Deductible
Income Tax
Income Tax
Section 145(3) Upheld, but Arbitrary Estimation Curbed; Cold Storage Profit Recomputed Rationally
Income Tax
Income Tax
Wrong AY = No U/s 69A Addition; Seized Cash Taxable Only in Year of Seizure
Income Tax
Income Tax
Section 271A Penalty Sustained Despite VSV Settlement; Non-Maintenance of Books Proved
Income Tax
Income Tax
Telescoping Allowed; Cash Found Explained from Firm’s Surrendered Income
Income Tax
Income Tax
Addition Based Solely on Husband’s Statement During Survey u/s 133A Unsustainable: ITAT Guwahati
Income Tax
Income Tax
Protective Additions u/s 68 & 69C Invalid Once Substantive Addition Sustained: ITAT Mumbai
Income Tax
Income Tax
