Judgments

  • Income Tax

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance 

ITAT warns CIT(A) of penalty for not-passing speaking order on merit due to non appearance  or non prosecution ABCAUS Case…

4 years ago
  • Income Tax

When TDS is deposited within due time, date of credit shown on OLTAS irrelevant – ITAT

TDS deposited electronically within due time date shown on OLTAS irrelevant. There is no provision of waiver of interest for…

4 years ago
  • Income Tax

Backward area declared u/s 80HH not apply to section 80-IA, both are separate & independent provisions

Backward area declared u/s 80HH(2) do not apply to section 80-IA(2)(iv)(c) as both sections are separate and have independent provisions…

4 years ago
  • Income Tax

Sales of entire year could not be estimated based on cash found during survey.

Sales of entire year could not be estimated based on cash found during survey. By no means it could be…

4 years ago
  • Income Tax

Reopening quashed as AO not recorded reasons of assesse’s failure to disclose material facts fully/truly

Reopening quashed as AO not recorded reasons of assesse's failure to disclose material facts fully and truly but notice u/s…

4 years ago
  • Income Tax

Appeal not maintainable against computer extract of demand raised by CPC-TDS at traces website – ITAT

Appeal not allowable against computer extract of demand raised by CPC-TDS at traces website. Assessee granted liberty to file appeal…

4 years ago
  • GST

High Court condemns GST officials staying 8 days at searched house, says action punishable with jail

High Court condemns GST officials staying 8 days at searched residential house, says such action punishable with three years jail…

4 years ago
  • Income Tax

Addition u/s 69 on premise that no prudent person keep huge amount of cash in house deleted

Addition u/s 69 for unexplained investment on reasoning that no prudent person would keep huge amount of cash in house.…

4 years ago
  • Income Tax

Section 68 not applicable to sales receipt shown in books of accounts. ITAT deleted addition

Section 68 not applicable to sales receipt shown in books of accounts. A Receipt can not be treated sale proceeds…

4 years ago
  • Income Tax

Belief of income escapement must indicate income escaping assessment than need of probe

Belief of income escapement must indicate income escaping assessment than need of probe which may, or may not, lead to…

5 years ago