Survey u/s 133A

  • Income Tax

Retracting from income offered during survey for no cross examination at assessment – upheld

Retracting from income offered during survey and challenging non opportunity of cross examination at assessment stage - upheld In a…

2 months ago
  • Income Tax

Income surrendered related to hospital building construction was not unexplained – ITAT

Income surrendered in relation to hospital building construction by doctor was not unexplained investment u/s 69 liable to higher tax…

3 months ago
  • Income Tax

Stock surrendered during survey held as business income not cash credits or unexplained money

Stock surrendered during survey held business income not cash credits or unexplained money u/s 69 or 69A. Question of application…

4 months ago
  • Income Tax

Non-issuance of the notice u/s 154(3) is a procedural irregularity – ITAT

Non-issuance of the notice u/s 154(3) is a procedural irregularity. ITAT directs AO to issue notice and give opportunity ABCAUS…

6 months ago
  • Income Tax

Excess stock of gold found during survey cannot be isolated with regular stock in trade – ITAT

Excess stock of gold found during survey cannot be isolated with regular stock in trade to be treated unexplained investment…

8 months ago
  • Income Tax

Addition made during survey for difference between tally accounting package and manual register deleted

Addition made during survey for difference construction expenses between tally accounting package and manual register deleted by ITAT ABCAUS Case…

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

Addition u/s 69 for unexplained cash. Tag of another banks on cash bundles not relevant

Addition u/s 69 for unexplained cash deleted by the Tribunal. It was held that tag of another bank found on…

3 years ago
  • Income Tax

Only DG Investigation & Commissioner TDS now authorised to order survey u/s 133A

Only DG Investigation and Commissionerates TDS authorised to have power to order income tax survey u/s 133A with effect from…

4 years ago
  • Income Tax

Sales of entire year could not be estimated based on cash found during survey.

Sales of entire year could not be estimated based on cash found during survey. By no means it could be…

4 years ago