Penalty u/s 271(1)(c) on proportionate disallowance of interest expenses towards interest free advances given by the assessee deleted ABCAUS Case…
No addition u/s 41(1) can be made unless liability is written off in accounts. AO has to brought evidence on…
No addition made on account of reasons recorded for reopening, the reassessment, order passed was vitiated in law - ITAT…
Reassessment without fresh material with the Assessing Officer to believe that income has escaped assessment is invalid ABCAUS Case Law…
Franchise of Kidzee school chain denied registration u/s 12AA as Trust was running with primary objective of branding and earning…
Penalty u/s 271BA deleted for not uploading audit report in Form No. 3CEB due to technical glitches when report was…
If books of account not maintained penalty u/s 271B cannot be levied for non audit u/s 44AB. ITAT deleted penalty…
Inadequate enquiry leading to assumption of incorrect facts makes the order erroneous and prejudicial to the interests of the revenue…
Notice by affixture in the name of dead assessee showed that Tax Official actually did not went there else they…
Assessment made on the basis of wrong cash book printed out from tally package with negative figures, ignoring correct cash…