In a recent judgment, ITAT held that the word ‘erroneous’ in section 263 includes the failure to make an inquiry when…
In a recent order, ITAT Ahmedabad has held that the credit of self assessment tax paid which has the same effect…
In a recent judgment, ITAT Amritsar has quashed penalty imposed u/s 271(1)(c) for non declaration of bank fixed deposit interest…
In a recent judgment, ITAT Delhi has held that land possession given and major sales consideration received through unregistered agreement to…
In a recent judgment, ITAT Amritsar has upheld that the mere AIR information that deposits were made in a bank account do…
In a recent judgment, ITAT, Amritsar has ruled that CIT(A) was right in taking the the highest amount of cash deposits…
In a recent judgment, ITAT Amritsar has endorsed that Premium of Keyman Insurance Policy (KIP) is an allowable business expenditure. Case…
ITAT Amritsar, in a recent judgment has held that shipping charges (Inland haulage charges, Terminal handling charges, Bunker adjustment factor,…
In a recent judgment, ITAT, Amritsar has upheld the disallowance u/s 14A read with Rule 8D where major part of partners…
Assessment in pursuance of order u/s 263 based on a judgement subsequent to the date of original assessment cannot be…