Judgments

  • Income Tax

Creditworthiness proved when agricultural income though not accepted, treated other income

Creditworthiness proved when agricultural income not accepted by the Department in toto but the portion not accepted treated income from…

5 months ago
  • Income Tax

ITAT allows exemption u/s 11 denied on filing wrong ITR-5 instead of ITR-7 by mistake

Exemption u/s 11 denied on filing wrong ITR-5 instead of ITR-7 by mistake. A genuine and inadvertent mistake by filing…

5 months ago
  • Income Tax

Reopening notice u/s 148A quashed as assessee’s reply was not visible on e-filing portal

Reopening notice u/s 148A quashed as assessee’s reply was not visible on e-filing portal due to technical glitch In a…

5 months ago
  • Income Tax

Assessee while removing defect u/s 139(9) can not revise income originally returned – ITAT

Assessee while removing defect u/s 139(9) can not revise income originally returned. A corrected return does not have an independent…

5 months ago
  • Income Tax

Letter of an ITO is not an appealable order before Commissioner (Appeals) u/s 246A

Letter of an ITO is not an appealable order before Commissioner (Appeals) u/s 246A - ITAT In a recent judgment…

5 months ago
  • Income Tax

Exemption u/s 11 allowed as audit report uploaded but not approved due to technical glitch

ITAT allows exemption u/s 11 when audit report in Form 10B was uploaded but could not be approved due to…

5 months ago
  • Income Tax

Escapement of income u/s 147 has to be established with concrete information – HC

Escapement of income u/s 147 has to be established with concrete information under amended Act- High Court In a recent…

5 months ago
  • Income Tax

Explaining source of cash payment no ground for not invoking disallowance u/s 40A(3)

Explaining source of cash payment not a valid ground for not invoking disallowance u/s 40A(3) - ITAT In a recent…

5 months ago
  • Income Tax

Prosecution u/s 276C/278B upheld for not declaring income surrendered in return

Prosecution u/s 276C and 278B upheld for not declaring income surrendered during search in return filed in response to notice…

5 months ago
  • Income Tax

Penalty 271B deleted as notices uploaded on portal only & assessee was a divorcee lady

Penalty u/s 271B deleted as notices were uploaded on portal only, assessee being a divorcee lady could not access income…

5 months ago