#Rishabh Mehra
Log in to FollowEvery article filed under the “Rishabh Mehra” tag — analysis, news and updates.
100 articlesIncome Tax

Income Tax
Agricultural land purchased without an adventure in the nature of trade is not a capital asset
Income Tax

Income Tax
Mere wrong claim of deduction did not give rise to penalty u/s 271(1)(C)
Income Tax

Income Tax
If percentage of Commission earned from AE transactions is higher than AE transactions no addition can be made
Income Tax

Income Tax
ITAT allows Exemption u/s 54EC on short term capital gain from sale of depreciable assets
Income Tax

Income Tax
Profit Exempt U/s. 10AA not to be included in calculation of Book Profit U/s. 115JB
Income Tax

Income Tax
Bogus Purchase- Mere Adjustment in Purchase without disturbing Sales not Justified
Income Tax

Income Tax
Pooja & Temple expenses allowable as related with harmony of business
Income Tax

Income Tax
Registration u/s 12AA cannot be denied to partly religious & partly charitable trust
Income Tax

Income Tax
Merely because assessment order of AO is Brief & Cryptic it cannot be considered as erroneous & prejudicial to revenue interest
Income Tax

Income Tax
If income been disclosed by assesse after search by filing return u/s 153A then penalty u/s 271(1)(c) is imposable
Income Tax

Income Tax
Expenses not charged to P&L cannot be adjusted to income in TP adjustment
Income Tax

Income Tax
Expense allowed for earlier year cannot be disallowed in subsequent years if facts & circumstances are same
Income Tax

Income Tax
Time gap between withdrawal of cash & spending of cash not relevant unless it is proved that assessee spent the amount somewhere else
Income Tax

Income Tax
