CIT Revision u/s 263 order not mentioning twin conditions of being erroneous and prejudicial to the interest of revenue quashed…
Reduction in Gross/Net Profit rate not ipso facto a ground for making disallowance of expense but a triggering point for…
Opening balance of loan creditor brought forward from preceding year cannot be treated as unexplained cash credit or bogus credit…
Addition for reconciliation difference in the closing balance of debtor as per books of account of the assessee and that…
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…