Tag: books of account

Bank passbook / statements not books of account of assessee and hence no addition can be made u/s 68 of the Income Tax Act, 1961 ABACUS Case Law CitationABCAUS 3381 (2020) (09) ITAT Important case law relied upon by the parties:Baladin Ram v. CIT 71 ITR 427CIT vs. …

Rejecting books of accounts duly audited by CA u/s 44AB on the basis of presumptions without making any investigation is erroneous – ITAT ABCAUS Case Law Citation:ABCAUS 3054 (2019) (07) ITAT The instant appeal was filed by the assessee against the order of the CIT(A) in inter alia …

GST-Maintenance of books of accounts of additional place of business by a principal or auctioneer in a auction of tea, coffee, rubber etc.  Circular No.23/23/2017-GST F. No. 349/58/2017-GST Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs GST Policy Wing New Delhi, …