Judgements by CA.Tarun Maheshwari

Return of income : Signature : S. 139 and S. 140 of Income-tax Act, 1961 : A.Y. 2003-04 : Return of income signed by assessee was filed after his death. Not a valid return.

Assessment : Limitation : S. 143, S. 144 and S. 154 of Income-tax Act, 1961 : A.Y. 1994-95 : Order giving effect to Appellate order is order inherent in S. 143 and S. 144 : Not an order u/s.154 : Limitation u/s.154(7) not applicable.

Business expenditure : Bonus : S. 36(1)(ii) and S. 37(1) of Income-tax Act, 1961 : A.Y. 1993-94 : Ex gratia payment over and above statutory limits prescribed under the Payment of Bonus Act, 1965, is allowable as business expenditure

Substantial question of law — Whether credit for MAT is to be allowed before charging of interest u/s.234B and u/s.234C of the Act is a question of law.

Business expenditure — If income from an activity is assessed as an income, expenditure incurred in respect of that activity should be allowed.

The Tribunal has power to allow claim for deduction which was not made in the return of income : Assessee claimed 1/5th revenue expenditure on deferred basis: Tribunal can allow full revenue expenditure on accrual basis.

The assessee was engaged in the business of running a hotel. During the year under consideration it had spent a sum of Rs.7.06 lacs on construction of glass curtain wall on the front side of the hotel, which was in addition to the existing building w

For the relevant assessment year, the assessee, engaged in the business of IT-enabled accounting services and software development, claimed set-off of carried forward business loss and unabsorbed depreciation against the income of the unit on which d

During the relevant assessment year, the assessee invested her capital gains income in notified bonds and claimed exemption u/s.54EC. The Assessing Officer denied the exemption on the ground that the investment in the bonds was in the joint names whi