Affidavits, if credible and corroborated by other evidences, can be sufficient to explain the source of cash deposits -ITAT In…
Assessee cannot be asked to prove source of cash deposit made in bank account opened by forgery - ITAT In…
In case of non-filer notice u/s 143(2) not mandatory and notice issued u/s 142(1) is sufficient – ITAT In a…
Cash deposit in bank account cannot be shifted from a live person to a deceased assessee just because he was…
Cash deposited in bank account during demonetisation period can not be taxed on technical ground when it was fully exempt…
High Court stays re-assessment proceedings as order u/s 148A(d) was passed ignoring objection of assessee. High Court stays re-assessment proceedings…
Mere higher cash deposits during demonization period does not make explanation of cash sales as bogus and unsustainable - ITAT…
Procedure for deposit/exchange of ₹2000 banknotes if one misses deadline of 07.10.2023. Extension of date for deposit / exchange of…
ITAT deleted addition for cash deposits in bank during demonetization period following CBDT Instruction that no addition to be made up…
Income Tax Act provides complete machinery for assessment/reassessment of tax, assessee is not permitted to abandon that machinery and invoke…