Loose papers cannot be considered as admissible evidence for making an addition unless backed by independent corroborative material.
GST Officers must confine their authority to seizure of goods and cannot seize cash or bullion solely based on suspicion of it being undisclosed income: SC
If the tax effect as per the computation form provided by AO is below Rs. 60 lakhs, the appeal is liable to be dismissed on the ground of low tax effect: Delhi ITAT
Hyderabad ITAT deleted demonetization cash deposit addition as no concrete basis existed for treating the higher sales in that month as fictitious
If the notice is digitally signed on 01-04-2021 at 12.45 am then such notice is barred by the limitation u/s 148: ITAT Rajkot
No Seizure of Currency or Valuables Without Proper Basis – Supreme Court Affirms Limits on CGST Officer’s Power
Bona Fide Belief With Genuineness Of Transaction Constitutes Reasonable Cause U/S 273B: Chhattisgarh HC
Tax liability is governed by the law prevailing at the time of entering into the transaction: Nagpur ITAT
Whether rectification under section 154 of the Income Tax Act, 1961 can be filed even if the appeal is filed before CIT (A) under section 250?
