Addition u/s 68 for cash deposited in bank received from absconding debtor on the ground that notice sent was received…
No obligation to deduct TDS when CIT had not rejected Form No. 15G filed by the assessee on the ground…
When AO submitted positive remand report accepting the genuineness of transaction, CIT(A) ought not to have sustained the addition -…
Penalty u/s 271E for repayment of loan in cash was deleted as the NBFC had insisted on cash payment due…
Cash deposits in bank can be explained as out of gross receipts u/s 44AD from contract business. ITAT deleted addition…
Exemption u/s 54F for plot in the name of HUF allowed by ITAT following High Court judgment as members of…
Addition for inadequate drawings deleted as the assessee was vegetarians and non alcohol, residing at small town with no luxurious…
It is not uncommon for a lady who is on her own to have cash for emergencies. ITAT upholds the…
High Court erred in relying upon previously set aside order of Settlement Commission and making it a part of their…
Assessee legally obliged to prove receipt of share capital/premium to the satisfaction of AO, failure of which justify addition –…