Addition u/s 40A(3) deleted- CBDT can not impose new condition for grant of benefit which are not provided in Act…
Penalty u/s 272B for non-quoting of PAN deleted as show cause notice u/s 274 did not specified default done by…
Creditworthiness proved when agricultural income not accepted by the Department in toto but the portion not accepted treated income from…
Exemption u/s 11 denied on filing wrong ITR-5 instead of ITR-7 by mistake. A genuine and inadvertent mistake by filing…
Assessee while removing defect u/s 139(9) can not revise income originally returned. A corrected return does not have an independent…
Letter of an ITO is not an appealable order before Commissioner (Appeals) u/s 246A - ITAT In a recent judgment…
ITAT allows exemption u/s 11 when audit report in Form 10B was uploaded but could not be approved due to…
Explaining source of cash payment not a valid ground for not invoking disallowance u/s 40A(3) - ITAT In a recent…
Penalty u/s 271B deleted as notices were uploaded on portal only, assessee being a divorcee lady could not access income…
Income surrendered in relation to hospital building construction by doctor was not unexplained investment u/s 69 liable to higher tax…