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Valuation of the stamp authority cannot be adopted for capital gain if there is a long gap in execution of the MOU and formal development ag

Fact that vendors are not available at given address doesn't make purchases bogus : ITAT The Fact that vendors are not available at given ad

AO can reopen case under sec 147 to assess alleged Bogus Capital gains from penny stocks : HC Gujrat High Court in matter of PURVIBEN SNEHAL

Placing a quantitative cap on Rectification of Mistakes in ITC claim : HC admits writ Learned counsel for the parties have made submissions.

Reassessment under sec 147 cannot be made on the basis of audit objection : HC Delhi High Court in matter of FIS GLOBAL BUSINESS SOLUTIONS I

ICAI Reforms : Message from ICAI President Dear Friends, from the last few months we have been consistently witnessing the errors and flaws 