incriminating material

  • Income Tax

Whether seized document is incriminating or not is a findings of fact – High Court

Whether seized document is incriminating or not is definitely a findings of fact – High Court In a recent judgment,…

5 days ago
  • Income Tax

Assessment u/s 147 based on seized material found during search of third party void ab-initio

Assessment u/s 147 on the basis of seized material found during search of third party void ab-initio - ITAT In…

1 week ago
  • Income Tax

Additions based on statement recorded u/s 132(4) without considering Retraction deleted

Additions based on statement recorded u/s 132(4) without considering Retraction Affidavit with evidences deleted In a recent judgment, ITAT has…

1 month ago
  • Income Tax

Addition based on projected income surrendered deleted as actual income was higher

Addition based on projected income surrendered during search deleted as actual gross income reported in audited accounts was higher ABCAUS…

12 months ago
  • Income Tax

No additions u/s 153A in absence of incriminating material – Supreme Court judgment

No additions can be made u/s 153A for completed/unabated assessments in absence of any incriminating material found during search u/s…

1 year ago
  • Income Tax

Addition for undisclosed foreign bank account deleted as info received wasn’t bank statement

Addition for undisclosed foreign bank account deleted as the information received in pen drive under DTAC lacked basic essentials of…

3 years ago
  • Income Tax

Surrender of income due to recovery of documents during survey can not be voluntarily – ITAT

Surrender of income due to recovery of documents during survey can not be said to be voluntarily. ITAT upheld penalty…

3 years ago
  • Income Tax

Stamp duty valuation not a relevant criteria to decide payment of on-money by assessee

STamp duty valuation not a relevant criteria to decide payment of on-money by assessee but piece of evidence to ascertain…

3 years ago
  • Income Tax

Addition u/s 69 on the basis of unsigned receipts found during search deleted by ITAT

Addition u/s 69 on the basis of unsigned receipts found during search deleted. Such unsigned receipts could not have been…

4 years ago
  • Income Tax

Incriminating documents belonging to/containing information pertaining to assessee. Section 153C explained

Incriminating documents belonging to or containing information pertaining to assessee. The High Court explains the amendment made in section 153C…

5 years ago