No penalty u/s 271(1)(b) leviable in the case of change of counsel resulting in non compliance of notices- ITAT deleted…
Cash deposit in bank out of withdrawal made two years back-Revenue authorities can not dictate what assessee should do with…
Ex parte order passed without considering e-mail sent to Assessing Officer and CIT(A) restored back to AO by ITAT ABCAUS…
Penalty imposed by Supreme Court for illegal mining held compensatory in nature and allowed as business expenditure u/s 37(1) of…
No penalty u/s 272A(2)(k) for delay in filing TDS returns when tds was deposited in within time and delay was…
Mere fall in net profit rate by itself no ground to increase profit rate as compared to the preceding assessment…
ITAT explains law of appeal to CIT-A of revisionary order passed u/s 263. When CIT himself enhanced income, appeal would…
Delay in filing appeal for negligence and laches of counsel cannot be condoned as avoidable cause for delay by due…
Deduction u/s 54 allowed for property purchased from wife by General Power of Attorney as transfer of immovable property by a…
Expenses of little amounts inherently have some element of personal nature – ITAT upheld 10% disallowance of community and social…