Income Tax Judgements


Valuation of Closing Stock ::

  CA.Saibaburao Nanduri    10 April 2008 at 17:11

Held by the Hon`ble Court that, the two different method of valuation of closing stock are not permissible under law. If permitted it would lead to anomalous results.

Posted in Income Tax |   45 Views


Self Assessment Tax ::

  CA.Saibaburao Nanduri    10 April 2008 at 17:11

Held by the Hon`ble Court that, there is no time limit under section 140A, however read with sec. 139 there is time limit for payment of the balance tax and for filing of return, and assessee paid the tax on next working day therefore the levy of int

Posted in Income Tax |   33 Views


Section 37(1) of the Income-tax Act, 1961

  C.rajesh    05 April 2008 at 18:12

Posted in Income Tax |   26 Views



Posted in Income Tax |   55 Views


Income escaping assessment

  C.rajesh    05 April 2008 at 18:12

Posted in Income Tax |   40 Views



Posted in Income Tax |   93 Views


Section 256 of the Income-tax Act, 1961

  C.rajesh    04 April 2008 at 19:47

Posted in Income Tax |   57 Views


Section 69 of the Income-tax Act, 1961

  C.rajesh    04 April 2008 at 19:47

Posted in Income Tax |   127 Views


Section 45, of the Income-tax Act, 1961

  C.rajesh    02 April 2008 at 17:52

Posted in Income Tax |   48 Views


Section 80HHC, read with section 80AB

  C.rajesh    02 April 2008 at 17:52

Posted in Income Tax |   43 Views