ITAT allows sec. 54F exemption on purchasing a residential floor in a building with commercial shops on other floors

Case Details: Ashok Kukreja v. … Continue reading “ITAT allows sec. 54F exemption on purchasing a residential floor in a building with commercial shops on other floors”

CIT can’t direct AO to add items to compute book profit for MAT without giving a reference of empowering provision

Case Details: CIT v. Nuclear … Continue reading “CIT can’t direct AO to add items to compute book profit for MAT without giving a reference of empowering provision”

Assessee developing and protecting interest of commerce and industries is entitled to sec. 12A registration: ITAT

Case Details: Federation of Trade … Continue reading “Assessee developing and protecting interest of commerce and industries is entitled to sec. 12A registration: ITAT”