Non application of mind by AO: Delhi HC directs Income Tax Dept. to Reconsider Taxability of Blackstone’s Investment
Unsigned, Undated, non-elaborative sheet cannot be the basis of the addition: Mumbai ITAT in the case of Saif Ali Khan
Addition cannot be sustained in absence of any record any other positive or corroborative material: ITAT Delhi
Sec. 68 additions can be made even in case AO computed income on estimate basis after rejecting books of a/c: ITAT
Presumptive Scheme of Taxation for Interest & Remuneration of the partner of the firm: Rajkot ITAT restored the file back to the AO
Who is entitled for TDS credit when the TDS is done in the name of the Partner and the Property is owned by firm