Bogus Purchase 100% disallowance-Dismissal of SLP by Supreme Court did not merge the dismissal of the SLP into the order…
Reopening quashed as assessee was only a benamidar of alleged bank accounts and no action was taken against the real…
Interest on enhanced compensation for Land Acquisition taxable on accrual basis as per law laid down by Hon'ble Supreme Court…
Concealment penalty deleted when income suo moto declared in return filed u/s 148 without the same being brought to its…
Asking details of land improvement cost incurred 25 years ago uncalled for. ITAT allows ad-hoc deduction of 25% of cost…
No ad hoc disallowance without pointing out any deficiency in the books of account or vouchers. ITAT deletes the addition…
CA made a big mistake by withdrawing appeal against the penalty order on winning quantum appeal. CIT(A) was not justified…
Interest u/s 201(1A) chargeable up to date of payment and not upto the date of filing of return of income…
Forming Opinion on assumption of incorrect facts that income has escaped assessment. Reopening quashed as AO did not verify AIR…
Non furnishing information on apprehension of political misuse. ITAT upheld penalty u/s 272A(1)(c) for non compliance to summons 131(1A) which…