demonetisation

  • Income Tax

Addition u/s 69A for cash gifts received on the occasion of marriage deleted

Addition u/s 69A for cash gifts received on the occasion of marriage and deposited in bank deleted ABCAUS Case Law…

1 year ago
  • Income Tax

NFAC passes copy paste order narrating wrong facts. ITAT deleted addition u/s 69A

NFAC passes copy paste order narrating wrong facts. ITAT deleted addition towards cash deposits u/s 69A ABCAUS Neutral Case Law…

1 year ago
  • Income Tax

Sales & collection from debtors in SBN during demonetization held assessee’s own money

Sales & collection of sundry debtors in SBN during demonetization period held to be assessee’s own money  ABCAUS Case Law…

1 year ago
  • Income Tax

No revision u/s 263 simply because AO in order did not make elaborate discussion – ITAT

No revision u/s 263 simply because AO in order did not make an elaborate discussion - ITAT ABCAUS Case Law…

2 years ago
  • Income Tax

No addition for cash deposit by housewives during demonetization if less than 2.5 lakhs

AO not allowed to make addition in the hands of the housewives for cash deposit in bank during demonetization if…

3 years ago
  • Income Tax

Addition u/s 68 for cash deposited in bank during demonetization period deleted

Addition u/s 68 for cash deposited in bank during demonetization period deleted as cash was deposited by trade debtors ABCAUS…

3 years ago
  • Income Tax

Verification of cash deposits during demonetisation period CBDT issues detailed Checklist

Verification Cash deposits during demonetisation period to undergo sharp scanner during scrutiny assessment. CBDT issues detailed instructions/checklist for help of…

5 years ago
  • Income Tax

Verification of cash deposits/withdrawals by struck-off companies-CBDT Instruction

Verification of cash deposits/withdrawals from bank accounts of struck-off companies particularly during demonetisation-CBDT Instruction Lately, the Registrar of Companies (RoCs),…

5 years ago
  • Income Tax

Cash deposit during demonetisation-AO to complete assessment by 30th June 2019

Substantial cash deposits during demonetisation, AO to complete best judgment assessment by 30th June 2019 where notices u/s 142(1) not…

5 years ago
  • Government

Demonetisation-Worst is yet to come says Manmohan Singh, Arun Jaitely relies on tax collections to defend Govt.

Demonetisation-Worst is yet to come says Manmohan Singh. Arun Jaitely says confiscation of currency was not the objective, relies on…

5 years ago