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IT Department Conducts Searches in Odisha; Confiscated Jewellery & Gold Worth Rs.1 Crore

Shares purchased by the assessee can be held to be as depreciable intangible asset u/s. s 32 (1) (ii): ITAT
Income TaxExpenditure of R&D unit cannot be apportioned to EOU units which has no connection with R&D unit

GST Officials Unearthed Fake ITC Racket of Rs.25 Crore; Mastermind Arrested

Penalty deleted on following the order of coordinate bench in the assessee’s own previous case
