Judgments

  • Income Tax

Only undisputed tax liability is to be paid before filing appeal to CIT(A) -ITAT

Only undisputed tax liability is to be paid before filing appeal to CIT(A)-ITAT In a recent judgment, ITAT Pune has…

2 months ago
  • Income Tax

Sanction of Prosecution u/s 276B quashed due to Covid-19 pandemic & TDS deposit shortly

Sanction of Prosecution u/s 276B set aside due to Covid-19 pandemic and TDS being deposited within three months In a…

2 months ago
  • Income Tax

Cash deposit in bank account opened by forgery- Assessee cannot be asked for source

Assessee cannot be asked to prove source of cash deposit made in bank account opened by forgery - ITAT  In…

2 months ago
  • Income Tax

Expenditure can’t be disallowed only because not debited in Profit & Loss Account

Expenditure can’t be disallowed because it is not debited in Profit and Loss Account - ITAT  In a recent judgment,…

2 months ago
  • Income Tax

Tax recovery based on wrong computation sheet stayed when in Assessment order tax was Nil

Tax recovery on the basis of wrong computation sheet stayed as tax liability was NIL as per Assessment Order In…

2 months ago
  • Income Tax

No provision under Income-tax law for ad-hoc disallowance of sundry creditors

There is no provision under Income-tax law for making ad-hoc disallowance of sundry creditors – ITAT In a recent judgment,…

2 months ago
  • Income Tax

In case of non-filer notice u/s 143(2) not mandatory & notice u/s 142(1) sufficient

In case of non-filer notice u/s 143(2) not mandatory and notice issued u/s 142(1) is sufficient – ITAT In a…

2 months ago
  • Income Tax

One PAN allotted to two taxpayers. Re-assessment of wrong person quashed by High Court

One PAN was allotted to two taxpayers resulting Re-assessment order of wrong person quashed by High Court In a recent…

2 months ago
  • High Courts

Fixing three successive dates of personal hearing in a single notice invalid – Allahabad HC

Fixing three successive dates of hearing in a single notice invalid as adjudicating authority had to pass specific orders for…

2 months ago
  • Income Tax

Duty drawback cannot be a part of total turnover and is separately chargeable – ITAT

Duty drawback cannot be a part of total turnover and is separately chargeable - ITAT In a recent judgment, the…

2 months ago