ITAT accepted explanation for cash deposits in bank account as there were only cash deposits in bank account and no…
Cash deposited in bank after kept in hand for two years out of FDR maturity accepted as Revenue could not…
ITAT remanded case for non receipt of notice, says postal services are poor in rural areas. Sometimes the postman delivers…
AO had no jurisdiction to frame assessment when statutory notices issued at parental house and assessee was living at a…
Delay condoned as assessee filed a single appeal against two penalty orders and later realized that a single appeal against…
Depreciation on goodwill and non compete fee allowed by the Tribunal in view of the binding judgment of Hon'ble Supreme…
Reopening u/s 148 for mere non disclosure of bank account in ITR without forming belief that income has escaped assessment,…
Penalty 271A cannot be sustained when assessee was not covered under Rule 6F assessee furnished adequate information to enable AO…
Applicability of section 115BBE to surrender made during survey is highly debatable. ITAT quashed rectification order imposing higher tax rate…
Peak credit addition does not include income after peak balance date. ITAT directed addition of further 8% profit after the…