Category: Judgments
Date of order has to be date of personal hearing. Hon’ble High Court quashed GST order passed without personal hearing In a recent judgment, the Allahabad High Court has quashed order passed under Section 74 of the UPGST Act for not affording personal hearing observing that it is …
Addition for unexplained expenditure incurred on election on candidates of Aam Aadmi Party confirmed by ITAT In a recent judgment, ITAT Delhi has upheld the addition for unexplained expenditure incurred on election on candidates of Aam Aadmi Party (AAP). ABCAUS Case Law Citation:ABCAUS 4128 (2024) (07) ITAT In …
ITAT set aside order as no opportunity was allowed to assessee to explain the delay in filing appeal In a recent judgment, the ITAT Ahmedabad set aside order as no opportunity was allowed by the CIT(A) to the assessee to explain the reason of delay nor was he …
Addition u/s 40A(3) for cash payment to labour for loading charges deleted by ITAT In a recent judgment, the ITAT Cuttack has deleted additions u/s 40A(3) for cash payments to labourers for loading charges holding that labourers out of common knowledge would not accept payments through banking channels …
Addition u/s 68 deleted as AO failed to find any discrepancy in details of creditors submitted by the assessee In a recent judgment, the ITAT Guwahati deleted penalty u/s 68 as the Assessing Officer (AO) failed to find any discrepancy in the details of creditors submitted. ABCAUS Case …
Book Profit u/s 115JB to be computed as per Profit & Loss Account prepared under Schedule III of the Companies Act, not on profit arrived on cash basis of accounting In a recent judgment, the ITAT Delhi has held that book profit u/s 115JB is to be computed …
Order not in conformity of Faceless Assessment Scheme 2019 if not est? – ITAT remands the case in view of amendment to section 144B In a recent judgment, the ITAT Indore has remanded the case to the file of Assessing Officer (AO) the challenge to validity of assessment …
Provisions of section 68 to 69B applicable only if assessee is required to maintain books of accounts under provisions of section 44AA of the Income Tax Act, 1961. In a recent judgment, the ITAT Jabalpur has held that provisions of section 68 to 69B of the Income Tax …
When show cause notice proposed addition u/s 68 as unexplained cash credits, in assessment order addition can not be made u/s 69A as ‘unexplained money’. In a recent judgment, Hon’ble High Court at Calcutta has held that when the show cause notice proposed a variation as ‘unexplained cash …
AO directed to pass order u/s 148A(d) after considering belated reply filed by assessee after supply of legible copies of annexure to SCN u/s 148A(b) In a recent judgment, Hon’ble High Court of Madhya Pradesh has directed the Assessing Officer (AO) to pass order u/s 148A(d) only after …