Judgements and Orders, Supreme Court and High courts of India



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Section 32 of the Income-tax Act, 1961

  C.rajesh    11 April 2008 at 18:37

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Section 43B of the Income-tax Act, 1961

  C.rajesh    11 April 2008 at 18:37

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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 |   111 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 |   76 Views




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