Judgments

  • Income Tax

No deduction/allowance is allowable against unexplained cash credit u/s 68

No deduction/allowance is allowable against unexplained cash credit u/s 68 which is considered as income of the assessee ABCAUS Case…

2 years ago
  • Income Tax

Faceless Assessing Officer can not extend time barring date in ITBA without statutory order

Faceless Assessing Officer can not extend time barring date in Income Tax Business Application without statutory order - High Court…

2 years ago
  • Income Tax

No revision u/s 263 simply because AO in order did not make elaborate discussion – ITAT

No revision u/s 263 simply because AO in order did not make an elaborate discussion - ITAT ABCAUS Case Law…

2 years ago
  • Income Tax

CIT to make enquiries himself to allege assessment order as erroneous and prejudicial

CIT is required to make enquiries himself to allege assessment order as erroneous and prejudicial to the interest of Revenue…

2 years ago
  • Income Tax

ITAT admits additional evidences as assessee died and legal heirs could not collect it in time  

ITAT admits additional evidences as assessee died before assessment proceedings and it could not be collected in time by legal…

2 years ago
  • negotiable instrument act

Supreme Court directs pilot study on Special Courts for trial of cases u/s 138 of NI Act

Supreme Court directs pilot study on employing retired judicial officers to operationalise Special Courts for expeditious trial of cases u/s…

2 years ago
  • Income Tax

Appeal disposed of in hurried manner without reasonable opportunity of being heard set aside

Appeal disposed of in a hurried manner without affording reasonable opportunity or being heard set aside by ITAT ABCAUS Case…

2 years ago
  • bankruptcy

If part amount of auctioned property received by bank after CIRP started, sale incomplete – SC  

Since part amount of the auctioned property was received by bank after start of CIRP, and order of moratorium, the…

2 years ago
  • Income Tax

Invoking Revisionary powers u/s 263 merely on the basis of suspicion not justified – ITAT

Invoking Revisionary powers u/s 263 merely on the basis of suspicion not justified. Where AO made necessary inquiry and satisfied…

2 years ago
  • Income Tax

Disallowance u/s 36(1)(va) for delayed EPF deposit. Amendment by Finance Act is prospective – ITAT

Disallowance u/s 36(1)(va) for delayed EPF deposit. Amendment by Finance Act is prospective - ITAT ABCAUS Case Law Citation ABCAUS…

2 years ago