Category: Judgments
In the absence of finding as to the year of purchase, jewellery found in locker would not represent the undisclosed income as defined in the explanation to section 271AAB of the Act ABCAUS Case Law Citation: ABCAUS 2887 (2019) (04) ITAT Important Case Laws Cited/relied upon by …
Rectification order u/s 154 quashed due to doctrine of merger. Questions expressly decided by appellate/revisional authority cannot be reagitated u/s 154 ABCAUS Case Law Citation: ABCAUS 2886 (2019) (04) ITAT Important Case Laws Cited/relied upon by the parties Rajputana Mining Agencies & others vs ITO (1979) 118 ITR …
Prosecution u/s 276C- Signing, verification of ITR by director is prima-facie evidence. Charge to be framed even on the basis of strong suspicion ABCAUS Case Law Citation: ABCAUS 2885 (2019) (04) TC Important Case Laws Cited/relied upon by the parties Union of India vs Prafulla Kumar Samal and …
Difference in Tribunal and non jurisdictional High Court amounts to two opposite views despite that decision of High Court rendered after ITAT ABCAUS Case Law Citation: ABCAUS 2884 (2019) (04) ITAT Important Case Laws Cited/relied upon by the parties Gouli Mahadevappa vs. ITO 356 ITR 90 (Karn) Prakash …
Addition made by AO in limited scrutiny by extending scope deleted as AO did not take due permission to convert it into full scrutiny. ABCAUS Case Law Citation:ABCAUS 2883 (2019) (04) ITAT Important Case Laws Cited/relied upon by the partiesCIT Vs. Mekala Balreddy The appeal in the instant …
Income Tax Act does not invite any pre-deposit for stay of demand. 20 per cent amount prescribed by CBDT Instruction can be reduced at the discretion of AO-High Court ABCAUS Case Law Citation: ABCAUS 2882 (2019) (04) HC Important Case Laws Cited/relied upon by the parties The …
Revisional order u/s 263 quashed following rule of consistency, Revenue argued that the principle of res judicata has no application in tax law ABCAUS Case Law Citation: ABCAUS 2881 (2019) (04) HC Important Case Laws Cited/relied upon by the parties Income Tax Officer v. DG Housing Projects Limited …
There is distinction between questions of law proposed by appellant for admission of appeal and questions framed by Court – Supreme Court ABCAUS Case Law Citation:ABCAUS 2880 (2019) (04) SC In the instant case, the appeal was filed against the judgment passed by the High Court dismissing the appeal of the Income Tax Department. The …
Without stating whether notices were served on assessee, CIT(A) was not justified in dismissing the appeal of the assessee for non-appearance – ITAT ABCAUS Case Law Citation: ABCAUS 2879 (2019) (04) ITAT In the instant case, the CIT(A) had dismissed the appeal of the assessee on the ground …
Revision of settlement application u/s 245C(1) offering another higher amount not allowed as assessee has to make full and true disclosure ABCAUS Case Law Citation: ABCAUS 2878 (2019) (04) HC Important Case Laws Cited/relied upon by the parties Ajmera Housing Corporation and another v Commissioner of Income Tax …
