AO cannot sit back with folded hands in not issuing summons u/s 131 of Income Tax Act in quest for…
It is incumbent upon CIT(A) to examine the veracity of the statements made in affidavits. Addition u/s 68 for cash…
Presumptive tax u/s 44AE - No addition for cash deposit in bank made out of business receipts unless rebutted by…
Addition u/s 68 upheld as cash was deposited in bank by the loan creditor immediately before transfer and was poor…
Insistence of tax authorities to produce a written Agreement to Sell was arbitrary perverse and unreasonable when Law permits oral…
Cash deposited in bank from amount given by husband for household expenses. ITAT accepted the explanation and deleted addition made…
Addition made for not explaining frequent cash withdrawal and deposits in bank deleted as addition solely based upon suspicion not…
No Addition u/s 68 to be made as unexplained cash credit if loan creditor had deposited cash before issue of…
ITAT reduced addition u/s 69A for cash deposits in bank by estimating the income assessee might have saved from the…
Addition for cash deposit deleted as cash withdrawals, redeposit took place during the year itself, there was no question of…