Income Tax - Section 10(23C)(via), Substantial and recurring surplus, Capital expenditure and depreciation, Generation of surplus versus existing for purposes of profit, Meaning of philanthropic purposes and significance of free and concessional treatment, Effect of earlier exemptions and approvals,...
Income Tax – Exercise of revisional jurisdiction under section 263 where Form 3CL was not furnished for weighted deduction under section 35(2AB) – The Respondent, a private limited company engaged in the business of manufacturing vacuum refills, thermo ware and trading of glass items, claimed deduct...
Income Tax – Transfer Pricing – Dependent agent permanent establishment under Article 5(5) of the India-Switzerland DTAA – Appellant, a non-resident company incorporated in Switzerland, earned commission from Indian lodging suppliers and received contract software development and supply support serv...
Income Tax – Addition under Section 68 on cash deposited in bank accounts during demonetisation out of cash sales, Addition on account of difference between rent receipts shown and rental receipts as per Form 26AS, Disallowance under Section 40(a)(ia) for non-deduction of tax at source on loading ex...
Income Tax – Reassessment under section 147, third proviso, Pending appeal against order under section 201, Reopening of assessment under section 147, Change of opinion, Original assessment completed under section 143(3), Non-deduction of tax at source on payments to non-residents, Disallowance unde...