Non Satisfaction of AO to suo moto disallowance by assessee u/s 14A has to be an objective satisfaction with notice…
Unexplained cash credit addition u/s 68 for house constructed deleted on the basis of cash in hand balance in balance…
Inflated value of furniture as part of property sale price to save stamp duty rightly taxed as unexplained cash credit…
Refusal to grant adjournment sought by person not authorized by assessee and passing of ex parte order remanded by ITAT…
Penalty u/s 271(1)(b) can not be imposed for non compliance of notice issued under section 148 - ITAT ABCAUS Case…
CA upheld guilty of certifying fake balance sheet for obtaining loan-credit facility. No satisfactory working papers were found. Ban of…
Section 50C not apply to sale of right in property-ITAT deleted addition as what was sold was right in property…
Section 54F deduction for construction of additional floor in existing building allowed by ITAT as it was an independent dwelling…
Rejection of Settlement application for not disclosing refund granted due to failure of chartered accountant to inform- High Court quashed…
Reasons recorded for reopening without quantifying amount escaped. Notice issued u/s 148 and reassessment proceedings held null and void ab-initio.…