#CA Deepak Aggarwal
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390 articlesIncome Tax

Income Tax
Reassement based on point considered during original assessment not permissible
Income Tax

Income Tax
Valuation of property covered under Ceiling Act for Wealth Tax cannot be higher than maximum compensation
Income Tax

Income Tax
Adjustment of refund with demand u/s 245 cannot be done without application of mind
Income Tax

Income Tax
Valuation as per deeming provision u/s 50C not applicable on mere transfer of rights in land
Income Tax

Income Tax
Expenses having no nexus with earning of income u/s 57 not allowed
Income Tax

Income Tax
Reassessment u/s 147 is void if reasons for reopening not provided despite specific request of assessee
Income Tax

Income Tax
Deduction u/s 54F available on residential house irrespective of size of house used as residence or by whom it is being resided
Income Tax

Income Tax
Change in method of ALP in transfer pricing adjustment not permitted on same set of facts
Custom Duty

Custom Duty
Immediate suspension of custodian license is justified where serious lapses found in safety of goods
Income Tax

Income Tax
No addition u/s 68 on account of money received on allotment of shares, once identity of Investor Company established
Income Tax

Income Tax
Mere non production of parties cannot be a ground of disallowance of purchases -ITAT
Income Tax

Income Tax
Sec. 36(1)(iii)- Commercial expediency is to be proven for allowance of expenditure incurred- ITAT
Income Tax

Income Tax
Delivery of notice u/s 148 at correct address of assessee is foundation for initiation of reassessment proceedings – ITAT
Income Tax

Income Tax
