#income tax
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Income Tax

Income Tax
No denial of section 264 Application for mere non filing of Revised Return within Prescribed Time
Income Tax

Income Tax
Mere cash Deposit in Bank Account prior to issue of cheque not sufficient to held Loan as non genuine
Income Tax

Income Tax
Section 11/12 exemption cannot be denied for discrepancies in Unsecured Loan Verification
Income Tax

Income Tax
A Transaction not become Genuine merely for receipt via banking Channel
Income Tax

Income Tax
Reassessment Proceeding completion without section 143(2) notice is invalid
Income Tax

Income Tax
Depreciation on Weaving Looms Allowed as same was ready for use
Income Tax

Income Tax
Section 147 Assessment invalid if reasons recorded for reopening not furnished
Income Tax

Income Tax
Deduction u/s 57 allowed if nexus exist between income earned & amount expended
Income Tax

Income Tax
Expense on developing & maintaining land for real estate activity is Allowable
Income Tax

Income Tax
Interest on Enhanced Compensation u/s 28 of Land Acquisition Act, 1894 is Exempt u/s 10(37)
Income Tax

Income Tax
Section 54 Exemption allowed on house purchased Abroad before 01.04.2015
Income Tax

Income Tax
Prior period items to be included in determination of net profit or loss
Income Tax

Income Tax
ITAT allows set-off of Derivative losses against Business Income
Income Tax

Income Tax
