Nagpur ITAT slams ‘Cryptic Order,’ Deletes ₹50 Lakh Addition- Entry in the name of director cannot be added in the hands of the company
Once purchases are held to be bogus, the entire amount claimed cannot be whittled down by estimating a profit element
A Win for Real Estate: ITAT, Nagpur Confirms Retrospective Application of 10% Tolerance Band for Sec. 43CA
Judicial Interpretation of Sections 54/54F: Commencement of Construction and the Limits of Extension:
Production of directors not mandatory to prove genuineness of transaction; Deletes commission addition: ITAT Delhi
Reassessment Void Ab Initio for Lack of Statutory Sanction: ITAT Mumbai Allows Saif Ali Khan’s Appeal