ITAT

  • Income Tax

CIT(A) reduced income on appeal which showed non application of mind by AO in recording reasons

CIT(A) reduced income on appeal which clearly showed non application of mind by AO while recording the reasons, which made…

4 years ago
  • Income Tax

When all cash credits treated as turnover, capital introduced be also treated out of it- ITAT

When all cash credits treated as turnover, capital introduction in cash and machinery purchased should also be considered out of…

4 years ago
  • Income Tax

Rent of land not appurtenant to building taxable as income from other sources

Rent of land not appurtenant to building is taxable as income from other sources. Rent only from buildings and land…

4 years ago
  • 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

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
  • 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