Judgments

  • Income Tax

Addition cannot be made on the basis of the statement recorded during survey under section 133A

Addition cannot be made on the basis of the statement recorded during survey under section 133A INCOME TAX APPELLATE TRIBUNAL…

8 years ago
  • Income Tax

Penalty-271(1)(c) – share application money received from different companies with common addresses,

Penalty-271(1)(c) - share application money received from different companies with common addresses The Explanation 1 to section 271(1)(c) raises rebuttable…

8 years ago
  • Income Tax

Penalty-2711c not imposable if income estimated u/s 144 where books not produced

Penalty-2711c not imposable if income estimated u/s 144 where books of accounts not produced INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH;…

8 years ago
  • Income Tax

Penalty 271(1)(c) – Limitation provisions apply as per law in force at the time of filing of return

Penalty 271(1)(c) - Limitation provisions u/s 275(1A) apply as per law in force at the time of filing of return…

8 years ago
  • Income Tax

Order passed by CIT-Appeals without waiting for Remand Report called from AO quashed

Order passed by CIT-Appeals without waiting for Remand Report called from AO quashed INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR…

8 years ago
  • Income Tax

Assessee entitled to interest u/s 244A(1)(b) for excess payment on self assessment tax-Kolkata HC

Assessee entitled to interest u/s 244A(1)(b) for excess payment on self assessment tax-Kolkata HC HIGH COURT AT CALCUTTA ITA No.526…

8 years ago
  • Income Tax

Penalty 271(1)(c) interest on income-tax refund not added to income but disclosed in notes to accounts

Penalty 271(1)(c) interest on income-tax refund not added to income but disclosed in notes to accounts as contingent income HIGH…

8 years ago
  • Income Tax

Green tea leaves cess allowed on 100 % composite income before applying Income Tax Rule 8D

Green tea leaves cess allowed on 100 % composite income before applying Income Tax Rule 8D HIGH COURT AT CALCUTTA…

8 years ago
  • Income Tax

TDS default Proceedings u/s 201/201A can not be initiated unless deductee also fails to pay tax directly

TDS default Proceedings u/s 201/201A can not be initiated unless it is found that deductee has also failed to pay…

8 years ago
  • Income Tax

Unexplained Investment u/s 69. Muslims religion bars Interest income therefore cash kept at home

Addition for Unexplained Investment u/s 69 quashed as Muslims religion bars Interest income therefore cash was kept at home INCOME…

8 years ago