Judgments

  • Income Tax

No ad hoc disallowance without pointing out any deficiency in books of account or vouchers – ITAT

No ad hoc disallowance without pointing out any deficiency in the books of account or vouchers. ITAT deletes the addition…

6 years ago
  • bankruptcy

Presiding Officers of DRT entitled to benefit of increased age under Recovery of Debts and Bankruptcy Act, 1993-SC

Presiding Officers of DRT entitled to benefit of increased age under section 6 of the Recovery of Debts and Bankruptcy…

6 years ago
  • Income Tax

CA made a big mistake by withdrawing appeal against penalty order on winning quantum appeal

CA made a big mistake by withdrawing appeal against the penalty order on winning quantum appeal. CIT(A) was not justified…

6 years ago
  • Income Tax

Interest u/s 201(1A) chargeable up to date of payment, not upto the date of ITR filing by deductees – ITAT

Interest u/s 201(1A) chargeable up to date of payment and not upto the date of filing of return of income…

6 years ago
  • Income Tax

Forming Opinion on assumption of incorrect facts that income has escaped assessment bad in Law

Forming Opinion on assumption of incorrect facts that income has escaped assessment. Reopening quashed as AO did not verify AIR…

6 years ago
  • CA CS CMA

Ignoring new reporting requirements of Form 3CD was misconduct by Chartered Accountant

Ignoring new reporting requirements of Form 3CD was misconduct by the CA being grossly negligence in the conduct of his…

6 years ago
  • Income Tax

Non furnishing information on apprehension of witch hunting and political misuse. ITAT upheld penalty

Non furnishing information on apprehension of political misuse. ITAT upheld penalty u/s 272A(1)(c) for non compliance to summons 131(1A) which…

6 years ago
  • Income Tax

No change of opinion when there was no earlier scrutiny assessment-High Court

No change of opinion when there was no earlier scrutiny assessment, therefore, the reopening of assessment was not bad in…

6 years ago
  • Income Tax

Special audit 142(2A) period is excluded from limitation period by clause (iv) to Explanation-1 of Section 153(1)

Special audit 142(2A) period is excluded from limitation period in terms of clause (iv) to Explanation 1 of section 153(1).…

6 years ago
  • High Courts

DRI orders freezing bank account was without authority of law – High Court

DRI orders freezing bank account was without authority of law - High Court quashed order as no allegation was that…

6 years ago