Judgments

  • Income Tax

When on examining CIT was not clear, CPC can not disallow under artificial intelligence

When examining details, CIT(Appeals) was not clear as to nature then expenses cannot be disallowed by CPC under artificial intelligence…

1 year ago
  • Income Tax

Penalty u/s 271B for belated tax audit report deleted where accountant suddenly left the job

Penalty u/s 271B deleted where accountant handling accounts suddenly left the job but assessee furnished audit report before completion of…

1 year ago
  • Income Tax

Addition for unexplained cash deleted as assessee regularly declared tuition income & paid tax

Addition for unexplained cash deleted as assessee consistently declared tuition income and paid tax over 20 -25 years ABCAUS Case…

1 year ago
  • Income Tax

Merely because assessee not filed appeal against addition not a ground for imposing penalty

Merely because assessee did not filed appeal against addition it cannot be a ground for imposing penalty - ITAT ABCAUS…

1 year ago
  • Income Tax

Estimating higher gross profit rate without rejecting books of account not permissible

Estimating higher gross profit rate without rejecting books of account or pointing out any defects or discrepancies in the audited…

1 year ago
  • Income Tax

Maintenance charge received from tenants held income from Business / Profession

Maintenance charge income received from tenants held income from business or profession not income from house property. ABCAUS Case Law…

1 year ago
  • Income Tax

Addition of Mobilization Advances based on gross receipts in 26AS statement deleted

Addition of Mobilization Advances based on gross receipts as per 26AS statement deleted as mobilization advance was offered to tax…

1 year ago
  • Income Tax

Delay in filing appeal condoned due to mismatch in aadhaar and pan data not allowing EVC

Delay in filing appeal condoned due to mismatch in aadhaar and pan data not allowing e-verification by OTP ABCAUS Case…

1 year ago
  • Income Tax

Tax Audit provisions do not apply to “other income” shown in Profit & Loss Account

Tax Audit provisions do not apply to items of other income shown in Profit & Loss Account when business turnover…

1 year ago
  • Income Tax

Appeal lies with CIT(A) against non-grant of TDS credit by CPC Intimation u/s 143(1) of the Act

Appeal lies with CIT(A) against non-grant of TDS credit by CPC Intimation u/s 143(1) of the Act.  ABCAUS Case Law…

1 year ago