No opportunity to cross-examine persons on whose statement department is relying, Addition deleted by Chandigarh ITAT
50 Cases wherein the fine is imposed on Income Tax Authorities or warning is given for not following due procedure during Assessment
Tax evasion in Penny Stocks: C&AG Report in public domain suggesting that the hype could not generate the revenue it had hoped
Chartered Accountants or Advocates who had filed GST Returns or Otherwise assisted in Business but are not Beneficiary or Part of Fraud should not be summoned by the Department.
Compensation received from developer pursuant to consumer court order is a capital receipt – Not liable for taxation
When the agricultural products are traded in unorganized sector in the country, expecting the assessee to produce bills for sale of agricultural produce is something which cannot be expected: ITAT
High Pitched Income Tax demand of Rs 1140 crores on Oyo: Delhi HC directs CIT to grant a personal hearing
Adjustment of refund by CPC against demand for another year without issuing intimation u/s 245 of the Act is Invalid
Co. entitled to Dep. & exp. on maintenance of sports car purchased for commuting key managerial personnel’s: ITAT
Recovery action first to be initiated towards the defaulting sellers before imposing responsibility on the dealer
Where the assessee is adversely affected by the statement of a third party, denial of cross-examination by AO of such third party would not be justified: ITAT
