deduction
Supreme Court
Conversion To Islam Doesn’t Automatically Confer Backward Class Muslim Status: Supreme Court
The Supreme Court has upheld the quashing of a Tamil Nadu government order enabling...
Supreme Court
Unpaid Loan Amount Can’t Be Refunded to Buyer: Supreme Court
The Supreme Court has held that a homebuyer seeking a refund for delayed possession...
Direct Tax
Unexplained Sundry Credits Without Proof of Source Can’t Be Treated as Business Income for Deduction: Madras High Court
The Madras High Court has held that sundry credits, whose source and identity remain...
Direct Tax
Compensation Paid Towards Exchange Rate Fluctuation Loss Is Allowable Deduction: Madras High CourtÂ
The Madras High Court has held that compensation paid towards exchange rate fluctuation loss...
Direct Tax
Donations Qualifying U/s 80G Deduction Don’t Lose Eligibility Merely For It Being CSR: ITAT
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that donations...
Direct Tax
Income Tax Deduction Allowable On Cost Of Trademark Acquired For Use: Karnataka High Court
The Karnataka High Court has held that the income tax deduction is allowable on...
Latest articles
Supreme Court
Conversion To Islam Doesn’t Automatically Confer Backward Class Muslim Status: Supreme Court
The Supreme Court has upheld the quashing of a Tamil Nadu government order enabling...
Supreme Court
Unpaid Loan Amount Can’t Be Refunded to Buyer: Supreme Court
The Supreme Court has held that a homebuyer seeking a refund for delayed possession...
Supreme Court
AT-1 Bond Write-Down Invalid: Administrator Can’t Exercise RBI’s Regulatory Powers: Supreme CourtÂ
The Supreme Court has upheld the Bombay High Court’s decision setting aside the write-down...
Supreme Court
Profitable Companies Can Face Insolvency Over Loan Default; Accounting Disputes Can’t Stall Admission: Supreme Court
The Supreme Court has held that a company’s profitability cannot shield it from insolvency...