Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Revision u/s 263 - assessee’s claim of depreciation at enhanced rate at 100% on alleged air pollution control equipment. - AO did not make any proper inquiry while making the assessment and had accepted the explanation of the assessee - Revision order sustained.
Revision u/s 263 - assessee’s claim of depreciation at enhanced rate at 100% on alleged air pollution control equipment. - AO did not make any proper inquiry while making the assessment and had accepted the explanation of the assessee - Revision order sustained.
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