One Liner Top-Stories Update:
Kerala High Court rules against ICAI on Retired CA ‘s Right to Practice
CCI approves Tata Group’s acquisition of online grocery platform BigBasket
Property ceases to be Business Asset When No Depreciation claimed: ITAT treats Profit and Gain arising out of Sale of Property as LTCG
No Addition to be made merely on the basis of Dumb documents: ITAT
Exemption Notifications to be interpreted strictly: ITAT
Revisional Power excised by CIT(A) based on ‘Cut &Paste’ reasoning Invalid: ITAT
Relief to Reliance: Deductions for Profits and Gains from Industrial Undertakings not to be confined to ‘Business Income’ Only, rules Supreme Court
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