Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Levy of penalty u/s. 271B - non completion of audit within reasonable time - Co-operative society - If the appointment of the statutory/tax auditor was done after the due date of completion of audit u/s 44AB and audit was completed within a reasonable time of such appointment, then the penalty u/s 271B cannot be held as justified. - AO directed to verify the facts - AT
Levy of penalty u/s. 271B - non completion of audit within reasonable time - Co-operative society - If the appointment of the statutory/tax auditor was done after the due date of completion of audit u/s 44AB and audit was completed within a reasonable time of such appointment, then the penalty u/s 271B cannot be held as justified. - AO directed to verify the facts - AT
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TaxTMI 
TaxTMI 
