ITAT

  • Income Tax

Penalty u/s 271(1)(c) for inadvertent error of accountant deleted as conduct not found contumacious

Penalty u/s 271(1)(c) for inadvertent error of accountant deleted as assessee revised belated return and his conduct was not contumacious…

4 years ago
  • Income Tax

Addition u/s 69 on the basis of unsigned receipts found during search deleted by ITAT

Addition u/s 69 on the basis of unsigned receipts found during search deleted. Such unsigned receipts could not have been…

4 years ago
  • Income Tax

TDS deposited before filing ITR allowable u/s 43B despite following cash method of accounting

TDS deposited before filing ITR is allowable u/s 43B despite assessee following cash method of accounting ABCAUS Case Law Citation:ABCAUS…

4 years ago
  • Income Tax

Car depreciation & insurance allowable irrespective of personal use by assessee

Car depreciation & insurance allowable irrespective of any personal use by the assessee ABCAUS Case Law Citation:ABCAUS 3248 (2020) (02)…

4 years ago
  • Income Tax

Penalty u/s 271B deleted as Accounts not finalised due to TDS credit mismatch / resignation of accountant

Penalty u/s 271B deleted. Books of Accounts not finalised due to TDS credit mismatch despite assessee made sincere attempts for…

4 years ago
  • Income Tax

Depreciation allowable u/s 11(6) when cost of fixed assets not claimed application of income

Depreciation allowable u/s 11(6) when assessee has not claimed cost of fixed assets as application of income in any previous…

4 years ago
  • Income Tax

CIT(A) reduced income on appeal which showed non application of mind by AO in recording reasons

CIT(A) reduced income on appeal which clearly showed non application of mind by AO while recording the reasons, which made…

4 years ago
  • Income Tax

When all cash credits treated as turnover, capital introduced be also treated out of it- ITAT

When all cash credits treated as turnover, capital introduction in cash and machinery purchased should also be considered out of…

4 years ago
  • Income Tax

Rent of land not appurtenant to building taxable as income from other sources

Rent of land not appurtenant to building is taxable as income from other sources. Rent only from buildings and land…

4 years ago
  • Income Tax

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance 

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance  or non prosecution ABCAUS Case…

4 years ago