No penalty u/s 271D for cash loans taken to meet financial liabilities of a closed business as it constituted a…
Statutory liability accrues on issuance of demand notice-ITAT deleted disallowance u/s 43B and allowed payment of Local Body Tax in…
Addition u/s 69C for unexplained expenses on foreign tour along with spouse deleted by Tribunal as it was part of…
Cash found during search belonging to parents- ITAT deleted the addition on account of cash belonging to the parents of…
No penalty could be levied on the difference resulted due to adoption of different GP rates made on estimate basis…
No disallowance u/s 54EC for delay in cheque clearance for investment in REC Bonds which was attributable to the banking…
Frequency, magnitude of transaction in systematic manner no criteria to hold that the assessee is engaged in a business activity…
Refund of service tax to flat owners-SLP admitted against recent judgment of Delhi High Court directing Commissioner to make refund…
Cash deposited in bank by friend for making DD for participating in tender was not loan or deposits u/s 269SS…
It is common practice in Indian household that ladies share locker for keeping jewellery with family members- ITAT deletes addition…