ITAT gives telescoping benefit of business income declared when the assessee was only an entry operator and addition was made…
Onus was not on Revenue to demonstrate that the assessee paid commission, but on the assessee to demonstrate that he…
Refund of amount wrongly transferred to an entry provider party whose bank account was attached by Income Tax Department declined-…
Notice u/s 148 - at this stage what is required is a reason to believe and not to establish fact…
Supreme Court uphold quashing of reassessment notice issued beyond four years without failure of assessee to disclose fully & truly…
Rejection of books due to admission of assessee being bogus accommodation entry provider is quiet correct - ITAT In the…
Reopening notice u/s 148 quashed as it did not mention source of information or reference to person giving information ABCAUS…
Reassessment made by issue of notice 143(2) before filing of return of income is invalid and not sustainable in the…
Profit on Bogus purchase/ accommodation entries @ 5% upheld by the High Court. Only profit element embedded is to be…