ITAT

  • Income Tax

Reassessment u/s 148 due to credit card payment. Addition deleted in view of returned income

Reassessment u/s 148 due to credit card payment. ITAT directed AO to delete the addition made in view of returned…

4 years ago
  • Income Tax

Presumptive tax u/s 44AE – No addition for cash deposit in bank out of business receipts unless rebutted

Presumptive tax u/s 44AE - No addition for cash deposit in bank made out of business receipts unless rebutted by…

4 years ago
  • Income Tax

Human probability is that truck drivers insist for cash payment-ITAT deleted additions u/s 40A(3)

Human probability is that truck drivers would insist for cash payment-ITAT deleted additions u/s 40A(3) for cash payments ABCAUS Case…

4 years ago
  • Income Tax

Exemption 54F before its amendment can be given to residential house purchased outside India

Benefit of exemption u/s 54F before its amendment can be extended to a residential house purchased outside India. ITAT allowed…

4 years ago
  • Income Tax

Late fee u/s 234E is imposed towards extra effort & resources for processing delayed TDS returns

Late fee u/s 234E is imposed towards extra effort and resources for processing delayed TDS returns. ITAT dismisses assessee’s appeal…

4 years ago
  • Income Tax

Issuance of notice u/s 143(2) on wrong address not confers right to get notice served by affixation

Issuance of notice on wrong address not confers right on the Assessing Officer to get the notice served u/s 143(2)…

4 years ago
  • Income Tax

Higher rate of depreciation allowable on crane as it is registered under Motor Vehicles Act

Higher rate of depreciation allowable on crane. So long as crane is registered under the Motor Vehicles Act, it is…

4 years ago
  • Income Tax

Revision u/s 263 for non initiation of penalty. CIT can not create a non existent proceeding

Revision u/s 263 for non initiation of penalty proceedings. It is not open to CIT to exercise revisional powers to…

5 years ago
  • Income Tax

Additional Evidence admitted due to non-seriousness of Authorised Representative

Additional Evidence admitted due to non-seriousness of Authorised Representative and for non service of notices ABCAUS Case Law Citation:ABCAUS 3186…

5 years ago
  • Income Tax

Revisionary order u/s 263 passed in the name of dead person quashed by ITAT

Revisionary order u/s 263 passed in the name of dead person quashed. CIT was not justified in setting aside the…

5 years ago