posted: "INCOME TAX : Where assessee-company was deriving its income from generation and distribution of electricity and it claimed certain expenditure paid towards contribution to National HVDC Project as deduction under section 37(1), same was to be allowed as i"
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posted: "INCOME TAX : ITAT was justified in reviewing its order and deleting addition under section 68 on account of sellers from whom assessee purchased scraps after considering materials such as TIN number, PAN number, Invoices, etc., of these sellers which lost"
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posted: "INCOME TAX : SLP dismissed against High Court ruling that where assessee in respect of materials purchased paid excise duty to vendors in relevant assessment year and its project was not in operation during said year and it lodged a claim for refund of ex"
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posted: "In line with the recommendations of the RMRC, it has been decided in consultation with Clearing Corporations that pre-expiry margins shall be imposed on cash settled contracts wherein the underlying commodity is deemed susceptible to possibility of near z"
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posted: "INCOME TAX : Where Single Judge in Writ Petition filed by assessee held that mere non-compliance of requirement under section 54(2) could not stand in way of assessee in getting benefit under section 54 if he fully complied with requirement under section "
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