Addition u/s 68 for cash deposit prior to issue of cheque by lender deleted as deposit was out of cash…
Revision u/s 263 on issues not covered under limited scrutiny quashed as AO could not had gone into other issues…
CBDT Circular though meant for non-seizure of jewellery takes into account quantity of jewellery generally held by family members of…
Addition made for difference due to wrong journal entry. Assessee directed to file reconciliation to explain the difference-ITAT ABCAUS Case…
Addition made during survey for difference construction expenses between tally accounting package and manual register deleted by ITAT ABCAUS Case…
Not passing separate order u/s 161 but adding income of non-resident in hands of assessee as representative assessee bad in…
Surrender of income due to recovery of documents during survey can not be said to be voluntarily. ITAT upheld penalty…
Earlier cash withdrawal can be explained as source for subsequent bank deposit of cash, provided there are no evidence to…
ITAT remanded invocation of Section 115BBE denying set off of current year loss against income assessed u/s 68. ABCAUS Case…
Addition for cash deposit remanded as bank account was opened by someone else by forging PAN Card and signature of…