Judgments

  • Income Tax

Merely by admission of appeal against ITAT order, Revenue can not get over it. Supreme Court upholds High Court’s order

Merely by admission of appeal against ITAT order, Revenue can not get over it. Supreme Court upholds High Court’s order and dismisses…

6 years ago
  • Income Tax

CBDT directed to substitute software enabling opt out from mandatory PAN-Aadhaar Linkage till 31.03.2019

CBDT directed to substitute software enabling opt out from mandatory PAN-Aadhaar Linkage for filing return filing till 31.03.2019 in line…

6 years ago
  • Income Tax

Section 40A(3) applicable to expenses made in cash not to the payment of advances-ITAT

Section 40A(3) applicable only when payment of expenses is made in cash exceeding specified sum and not to the payment…

6 years ago
  • Income Tax

Cash payments for purchase of liquor to government authorized licencee are covered by exception provided under Rule 6DD-ITAT

Cash payments for purchase of liquor to government authorized licencee covered by exception provided under Rule 6DD. ITAT deletes addition…

6 years ago
  • Income Tax

Material obtained during assessment cannot be made basis for additions without confronting to assessee

Material obtained during assessment cannot be made basis for additions without confronting the same to the assessee. ITAT remand the…

6 years ago
  • Income Tax

Water logged land comprised within backwaters held agricultural land when sold along with adjacent agricultural land

Water logged land comprised within backwaters held agricultural land. The land was a kayal land and sold along with adjacent…

6 years ago
  • Income Tax

Applicability of Benami Property Act to cash seized-High Court declines to interfere with show cause notice

Applicability of Benami Property Act to Cash seized-High Court declines to interfere with show cause notice as source and nature were…

6 years ago
  • Income Tax

High Court refuses to quash prosecution u/s 276CC on the ground that non filing ITR was not wilful

High Court refuses to quash prosecution u/s 276CC for not filing return of income. Whether the failure was wilful or…

6 years ago
  • Income Tax

ITAT’s jurisdiction is not to rewrite the AO’s order and improve upon it. High Court uphelds Revision order u/s 263

ITAT’s jurisdiction is not to rewrite the AO’s order and improve upon it. High Court uphelds Revision order passed u/s…

6 years ago
  • Income Tax

Section 50C not applicable to sale of property through Power of Attorney – ITAT

Section 50C not applicable to sale of property through Power of Attorney. Provisions at best could be invoked only in…

6 years ago