CIT-A not to reject new claims made first time on the ground that it was not raised before AO. Litigants…
Mistake in Tax audit report-taxes can not be collected without authority of law. It is bounden duty of authorities to…
Affidavit statement has to be taken as correct unless controverted by material filed by other party to counter the statement…
False return filed by loan consultant send to handwriting expert for verification of the signature of the assessee found on…
Guidelines for condonation of delay in appeal filing by Supreme Court and Calcutta High Court. In a recent judgment ITAT…
Original Assessment order merged with CIT order passed u/s 264. AO could not have rectified its original order passed u/s…
Section 68 applicability to share premium or share application money upheld. Section is widely worded to include capital account receipts-Calcutta…
Disallowance us 14A(2)-AO need not resort to Rule 8D always. AO is entitled to make disallowance u/s 14A(2), Rules cannot…
Concealment penalty deleted when income was received by cheque after deducting TDS. ITAT accepts that non disclosure was inadvertent not…
Disallowance us 40(a)(ia) deleted on non CA certificate basis. In the interest of justice and fair play ITAT set aside…