air information additions

  • Income Tax

Reopening based on AIR information after sending query letter was not without application of mind

Reopening by issue of notice u/s 148 on the basis of AIR information after sending query letter to assessee was…

6 years ago
  • Income Tax

Assessment on the basis of AIR without notice u/s 143(2) void ab initio without jurisdiction and liable to be quashed, as no notice issued – ITAT

Assessment on the basis of AIR without notice us 143(2) void ab initio without jurisdiction and liable to be quashed,…

7 years ago
  • Income Tax

No Additions solely on AIR information basis when the assessee denied reported transactions as the onus /burden shifted upon the AO – ITAT

Addition cannot be made solely on the basis of AIR information especially when the assessee denies the reported transactions and the…

8 years ago