The Madras High Court held that an investment company’s interest disallowance under Section 36(1)(iii) was invalid as it followed a cash system of accounting. The Tribunal’s deletion of the addition ...

The dealer argued that all purchases supported by Form 38, Form C, and stock registers were properly recorded but overlooked by the Tribunal. The Court found that the assessment order itself accepted ...

Maharashtra Revenue Minister Chandrashekhar Bawankule on Thursday said he supports strict legal action if any wrongdoing is found in the seizure of cash allegedly meant for voter distribution at a BJP ...