No addition permissible on the basis of WhatsApp chats or screenshots as it lack evidentiary value without section 65B certification and corroboration: ITAT
Addition under section 68 was unjustified as the creditworthiness and genuineness could not be re-examined for a loan already accepted in prior years: ITAT
Employee granted TDS Credit as the employer after deducting the TDS failed to deposit with the Government Treasury
Entire property’s ALV cannot be taxed where only a part is let out; ALV must be proportionate to the let-out portions.
Burden is on the Revenue to justify the assumption of jurisdiction: Non-compliance with CBDT Circular rendered assessment invalid
TDS on GST: Whether Tax Should Be Deducted on Gross Amount or GST-Exclusive Amount? A Complete Analysis under Sections 194C and 194J of the Income Tax Act, 1961
Allahabad High Court rules that Speed Post is not equivalent to Registered Post for Section 148 notice service
Intimation under Section 143(1) cannot be issued after 9 months from the end of the FY in which the return is filed: ITAT
Section 115BAA overrides all rate provisions, potentially disregarding special tax treatments under sections like 111A, 112, and 115BB: Delhi ITAT
ITAT deleted addition due to invalidity of proceedings under Sections 147/148 and improper transfer under Section 127