ITAT

  • Income Tax

Challenge to intimation passed u/s 143(1) calls for independent adjudication – ITAT

Challenge to intimation passed u/s 143(1) calls for independent adjudication in terms of statutory dictate of Section 246A(1)(a) of the…

3 days ago
  • Income Tax

Penalty set aside as Tax Audit Report not filed due to strained relationship with CA

ITAT set aside Penalty u/s 271B as Tax Audit Report was not filed due to strained relationship with CA In…

4 days ago
  • Income Tax

Mere technical mistake in return cannot be a ground of disallowing a claim

Mere technical mistake made by assessee while filing up return cannot be a ground of disallowing the claim when such…

5 days ago
  • Income Tax

In absence of mala fide intention bank should not be treated as assessee in default

In absence of mala fide intention bank should not be treated as assessee in default for late deduction and deposit…

1 week ago
  • Income Tax

Notice issued u/s 143(2) prior to filing of return of income assessee is invalid

Notice issued u/s 143(2) prior to filing of return of income by the assessee was invalid. Before filing ITR provisions…

2 weeks ago
  • Income Tax

Tax authorities not bound with provisions of section 44AE once assessee waived option

Tax authorities not bound with provisions of section 44AE of the Act once assessee waived the option available In a…

2 weeks ago
  • Income Tax

Whether seized document is incriminating or not is a findings of fact – High Court

Whether seized document is incriminating or not is definitely a findings of fact – High Court In a recent judgment,…

2 weeks ago
  • Income Tax

Jewellery purportedly received from grandparent under Will added as unexplained credits

Addition u/s 68 for jewellery purportedly received on death of grandparent under Will upheld. In a recent judgment, ITAT upheld…

2 weeks ago
  • ITAT

Application though named as rectification but if tax is not legitimate, it also touches merit: HC

Application though named as rectification but if tax imposed is not legitimate then it also touches upon the merit –…

2 weeks ago
  • Income Tax

Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of FMV

Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of current FMV to be further…

2 weeks ago