#Section 37
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680 articlesIncome Tax

Income Tax
No Revision Without Error: ITAT Rejects Section 263 Action
Corporate Law

Corporate Law
Arbitral Award Restored as Appellate Court Exceeded Section 37 Scope
Income Tax

Income Tax
ITAT Mumbai Quashed Section 263 revision as AO Took Plausible View on Deductions
Income Tax

Income Tax
Income Estimation in Circular Trading Fails Without Incriminating Evidence
Income Tax

Income Tax
Section 21 Notice Only Fixes Limitation, Not Arbitral Jurisdiction: SC
Fema / RBI

Fema / RBI
Appeals Partly Allowed as Namesake Partners Cleared for Lack of Control
Fema / RBI

Fema / RBI
FEMA Contravention Proven, Relief Granted Due to Limited Role
Income Tax

Income Tax
Disallowance of interest upheld as documentary evidence proving availment of housing loan not provided
Income Tax

Income Tax
Deduction Disallowance Remanded Because Net Impact Was Nil
Income Tax

Income Tax
Final assessment order u/s. 143(3) quashed as passed beyond time prescribed u/s. 153(4)
Income Tax

Income Tax
Self-Made Vouchers Alone Can’t Justify 20%–50% Expense Cuts
Income Tax

Income Tax
No Remand for AO’s Lapse: Section 80JJAA Claim Restored by ITAT
Income Tax

Income Tax
Bogus Purchases Must Be Taxed Under Section 69C, Not 37(1)
Income Tax

Income Tax
