AO cannot be presumed to adopted or chosen a course permissible in law when his order does not speak in…
Penalty u/s 271B not leviable as assessee was under bona fide belief that he was not subject to tax audit…
Penalty order u/s 270A for misreporting without specifying sub-section deleted by ITAT as cryptic and non-maintainable In a recent judgment,…
Addition made on the basis of WhatsApp chat without certificate u/s 65B(4) of the Indian Evidence Act (E-certificate) deleted In…
Assessee has no control over data base of Income-tax department as reflected in Form No. 26AS - ITAT In a…
Unless proved that AO used power u/s 142(2A) with mala fide intention, the writ court not to interfere – High…
Senior Citizens Welfare Fund to bear 7.15% interest wef 01.04.2023 to 31.03.2024 MINISTRY OF FINANCE(Department of Economic Affairs)NOTIFICATION New Delhi,…
Suggestions invited from the Industry and Trade Associations for Budget 2024-25 In the context of formulating the proposals for the…
Notice under Section 148(A)(b) was defective as the assessee was dead earlier to its issuance – Karnataka High Court. In…
Onus to prove source of source of a loan/borrowing mandatory from AY 2023-24 In a recent judgment, ITAT Raipur has…