Articles by this Author
Income Tax
Income Tax
80P Disallowance via 143(1) Invalid Before 1-4-2021 – Appeal Allowed
Income Tax
Income Tax
6th Year Utilisation of Sec 11 Accumulation Valid; CPC Adjustment Deleted: ITAT Pune
Income Tax
Income Tax
ITAT Pune: Bank FD Interest Taxable as Other Sources; 5% Expense Allowed
Fema / RBI
Fema / RBI
Under-Invoicing via Overseas Commission – Penalty Trimmed, Sec 7 Upheld
Fema / RBI
Fema / RBI
IBC Resolution Overrides FEMA Penalty; ₹8 Cr Fine on Orchid Pharma Quashed
Fema / RBI
Fema / RBI
Overseas Commission Under-Invoicing Case – Penalty reduced, LTC Relief Granted
Income Tax
Income Tax
ITAT Mumbai: Partner Capital Not Taxable u/s 68; Source Not Firm’s Burden; ₹19.06 Cr Addition Deleted
Income Tax
Income Tax
200% Sec 270A Penalty Invalid for Failure to Specify Misreporting Limb: ITAT Delhi
Income Tax
Income Tax
200% Sec 270A Penalty Valid; Wrong VI-A deduction Misreporting; 270AA Immunity Denied
Income Tax
Income Tax
ITAT Hyderabad Deletes Sec 271D Penalty; Property Sale Cash Not Hit by Sec 269SS
Income Tax
Income Tax
Reopening Beyond 4 Years Invalid; No Independent Enquiry; LTCG Penny Stock Addition u/s 68 Deleted
Income Tax
Income Tax
Sec 263 Revision Quashed as PCIT Failed to Conduct Independent Enquiry: ITAT Amritsar
Income Tax
Income Tax
Survey Surrender & Diary Entries Held Insufficient – ₹266 Cr Addition Deleted – Statements u/s 133A Have No Evidentiary Value Without Corroboration – ITAT Amritsar
Income Tax
Income Tax
