Update on Taxation and Case Law

• January 10, 2019
• CA Chandan Agarwal's Office

1. Additions on the basis of ‘window-dressed’ financials prepared for bank loans is valid: Calcutta High Court:https://thetaxtalk.com/2019/01/08/validity-of-additions-on-the-basis-of-window-dressed-financials-prepared-for-bank-loans/
2. Interim budget on 1st February: https://www.google.com/amp/s/m.timesofindia.com/business/india-business/interim-budget-to-be-presented-on-february-1-budget-session-from-january-31-to-february-13/amp_articleshow/67452220.cms
3. Rajya Sabha Passes General Category Reservation Bill:  http://dhunt.in/5ltls?s=a&ss=pd
4. ET:Auditors barred from putting a value on companies they are auditing: http://www.ecoti.in/3YeYNb