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…
No TDS u/s 194IA on advance security deposit under JDA as there was no transfer as conditions of Section 2(47)(v)…
Addition u/s 68 for cash deposited in bank during demonetization period deleted as cash was deposited by trade debtors ABCAUS…
No Penalty u/s 271(1)(c) on filing revised return when no such questionnaire was issued with notice u/s 143(2) ABCAUS Case…
Harish Salve gets relief from ITAT. Funding education of Indian law students abroad allowed as business expenditure u/s 37(1) as…
Partners salary revised just before end of financial year allowed being in accordance with terms of deed and law ABCAUS…
Addition u/s 69 for unexplained cash deleted by the Tribunal. It was held that tag of another bank found on…