Income Tax - Disallowance under Section 14A read with Rule 8D without recording satisfaction, Depreciation under Section 32 on goodwill, brands and distribution network arising on demerger, Deduction under Section 80G not considered by the AO - Appellant earned dividend income claimed as exempt and...
Income Tax - Denial of concessional tax rate under Section 115BAB on the ground that no tax was computed under the section in the first year of exercise of option - Appellant exercised the option for taxation under section 115BAB by furnishing the prescribed form in an earlier year, in which no inco...
Income Tax - Addition on account of difference in business receipts as per billing and as per books of accounts - Appellant, engaged in international logistics and cargo services, raised bills on two parties, whereas the parties recorded different amounts in their books - AO treated the difference a...
Income Tax - Addition under Section 68 on account of unsecured loan received from group concern, Addition under Section 68 on account of unsecured loan received from relative, Addition under Section 68 on account of amount received from own firm and applied for repayment of loan - Respondent, a dir...
Income Tax – Addition under Section 68 on unsecured loans alleged to be accommodation entries based on retracted third party search statements, Condonation of delay in filing cross-objection - Respondent received unsecured loans from two companies alleged in a search to belong to an entry provider,...