Courts: Allahabad High Court
1,539 articlesIncome Tax

Income Tax
Excise duty on finished goods to be included in closing stock valuation
Income Tax

Income Tax
Genuineness of gift cannot be doubted if return filed by donor proves his creditworthiness
Income Tax

Income Tax
Stay on transfer of Judicial Member by CAT valid as transfer not been made by a proper collegium
Income Tax

Income Tax
Unexplained capital Conribution by the partner cannot be added to Income of Partnership Firm
Income Tax

Income Tax
Objection to reassessment after silent participation in proceedings is not valid
Income Tax

Income Tax
No addition for Share application money received if Assessee submits names, addresses, PAN of share holders
Income Tax

Income Tax
Interest on loan not deductible if loan were taken for non-business purposes
Income Tax

Income Tax
No Addition for share Application money if Assessee proves genuineness of transactions
Income Tax

Income Tax
Change in depreciation method from SML to WDV is an approved method & depreciation so charged is allowable U/s. 115J
Income Tax

Income Tax
Capital Gain from shares cannot be treated unexplained if sale of shares not proved bogus
Income Tax

Income Tax
Books cannot be rejected merely because loss declared by the Assessee was very high
Income Tax

Income Tax
ADIT has power to take action in cases of search & seizure u/s.132
Income Tax

Income Tax
S. 142A -AO can make reference to valuation officer for the purposes of sec. 69/69A/69B only
Income Tax

Income Tax
