Judgments

  • Income Tax

No merit in holding that estimated addition has to be made due to fall in gross profit rate-ITAT

No merit in holding that estimated addition has to be made on account of fall in gross profit rate. ITAT…

5 years ago
  • Income Tax

If cash deposit fully explained no peak credit addition required as directed by ITAT

When cash deposit was fully explained no peak credit addition was required as directed by ITAT while remitting the matter…

5 years ago
  • Income Tax

Income tax department not entitled to make application to Court for returning seized property

Income tax department not entitled to make application to Court for returning seized property. Sessions Court dismissed Revision Application ABCAUS…

5 years ago
  • Income Tax

Penalty 271B deleted as accountant had to look after business due to assessee neuro problem

Penalty 271B deleted as accountant had to look after business activities due to assessee neurological problem. Hence he failed to…

5 years ago
  • Income Tax

Addition for bogus purchase deleted as enquiry conducted from other supplier with similar name

Addition for bogus purchase deleted as AO conducted enquiry u/s 133(6) from the different supplier having name similar to actual…

5 years ago
  • Income Tax

Doctors retainership fee held taxable as professional income not salary

Doctors retainership fee held taxable as professional income not salary. The agreement demonstrated no master-servant relationship ABCAUS Case Law Citation:ABCAUS…

5 years ago
  • Income Tax

Payment of interest on interest on delayed refund u/s 244A. HC upheld ITAT order

Payment of interest on interest on delayed refund u/s 244A. Delayed refund becomes part of principle amount and delayed interest…

5 years ago
  • GST

High Court denied bail to GST Audit Superintendent in alleged bribe case

High Court denied bail to GST Audit Superintendent when trap proceedings were followed as per rules though bribe money was…

5 years ago
  • Income Tax

Section 293 absolutely bars suit in Civil Courts against any proceedings under Income Tax Act

Section 293 puts absolute bars to filing suit in Civil Courts with regard to any proceedings held under the Income…

5 years ago
  • Income Tax

Revision u/s 263 done on issues not covered under limited scrutiny quashed

Revision u/s 263 done on issues not covered under limited scrutiny quashed as AO had already verified those issues for…

5 years ago