Jewellery Bills found during search-benefit of CBDT Instruction can not be denied if only bills are found and the jewellery…
Interest free Advances by charitable society-ITAT rules out violation of provisions of Section 13(1)(c) and 13(1)(d) of the Income Tax…
No Penalty u/s 271(1)(c) for addition on account of closing stock valuation by adopting a different method when there is…
When details are maintained donations cannot be called anonymous u/s 115BBC merely for notices u/s 133(6) returned unserved ABCAUS Case…
Order giving effect to appellate order is also appealable u/s 246A of the Income Tax Act. If appeals allowed on…
Merely because share prices rose abnormally or other persons involved bogus transactions, Long Term Capital Gain exemption u/s 10(38) can…
Non mentioning reasons recorded for reopening in the assessment order proved that assessment was framed in haste without providing adequate…
When assessee not maintained books of account and filed under presumptive section, cash deposit in bank were correlated to the…
When assessment was framed u/s 144 rejection of application by CIT(A) under Rule 46A to lead additional evidence was unjustified…
Harassing assessee in the pretext of verifying documents futile exercise - ITAT deleted additions u/s 68 made for cash deposits…