AO converted limited scrutiny into complete scrutiny without obtaining permission and in violation of CBDT Instruction - ITAT quashed Assessment…
No Addition can be made on the basis of suspicion for cash seized at the time of Assembly Election In…
Coaching Institutes do not run for all months and also students also awarded free coaching- ITAT deleted addition to income…
No Penalty u/s 271D for cash received before registrar for sale of property - ITAT In a recent judgment, ITAT…
Delay in filing appeal condoned as assessment order was not sent by post but to an inactive email. In a…
Waiver of principal amount of loan from private bank cannot be treated as income - ITAT In a recent judgment,…
CPC was not justified in ignoring the revised tax audit report furnished by the assessee correcting the mistake committed in…
No addition could be made only on the ground that there was time gap between the withdrawals and the corresponding…
Claim of expenditure involved is not a case of concealment of income. ITAT deleted penalty u/s 271(1)(c) In a recent…
Mere clubbing loan account with capital account can not be treated as unexplained income - ITAT In a recent judgment,…