Agriculture income can only be estimated by considering land holding size. Even big farmers not maintain details expected by Tax…
Addition u/s 68 for cash deposited in bank received from absconding debtor on the ground that notice sent was received…
Addition u/s 68 for differences in outstanding balances not confirmed by parties cannot be made without doubting identity, creditworthiness and…
CA made a big mistake by withdrawing appeal against the penalty order on winning quantum appeal. CIT(A) was not justified…
Unexplained cash credit addition u/s 68 for house constructed deleted on the basis of cash in hand balance in balance…
An undated confirmation letter cannot be rejected unless proved false. ITAT deletes addition made u/s 68/69 for cash deposits in…
Bounced cheque can not be treated unexplained credits u/s 68. Onus to prove identity, genuineness and creditworthiness of the party…
If identity and genuineness of loan transactions proved addition on capacity ground can be made only in the hands of…
Addition u/s 68 for not producing shareholders details deleted as in public issue company not expected to know every detail…
Addition for accommodation entries merely based on statement of investors and without controverting the documents furnished invalid-High Court Prelude: The…