#CA Deepak Aggarwal
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390 articlesIncome Tax

Income Tax
Interest on Loan taken for Machinery allowable from the date it put to use
Income Tax

Income Tax
Discount on shares under ESOPs is allowable expenditure
Income Tax

Income Tax
AO cannot treat Advertisement expenses as deferred revenue expenditure
Income Tax

Income Tax
Appeal may be condoned for receipt of order by casual worker who left
Income Tax

Income Tax
CIT can reject trust registration u/s 12AA if Trust deed is not having dissolution clause
Income Tax

Income Tax
AO not authorized to make additions merely on presumptions
Income Tax

Income Tax
No capital gain liability on assessee, where no ownership rights of property vests with him
Income Tax

Income Tax
Disallowance u/s 40A (3) for aggregate cash payments of more than Rs. 20,000 in a single day to one person is applicable w.e.f. 01/04/2009
Income Tax

Income Tax
CIT not authorized to verify charitable activities of trust while granting registration u/s 12AA
Income Tax

Income Tax
Revision u/s 263 not allowed on matters which already enquired and replied in original assessment
Income Tax

Income Tax
Additions for unexplained investment based on mere DVO report not sustainable
Income Tax

Income Tax
No TDS liability on assessee for mere reimbursement of expenses – ITAT
Income Tax

Income Tax
Addition on account of stock received for Job work as unexplained stock is not permissible – ITAT
Income Tax

Income Tax
