Onus shift to the department after Assessee had discharged his onus by furnishing the necessary details such as a copy of PAN, bank details, etc. in support of identity of the parties
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective date of registration
GST: Admissibility of ITC on Invoices of goods or services procured or availed by a registered person before its effective date of registration
Once the assessee was able to explain the source of deposits in the bank based on the cash book, which were admittedly not disputed and rejected by the AO, no addition on the basis of the bank deposit can be made
Once the assessee was able to explain the source of deposits in the bank based on the cash book, which were admittedly not disputed and rejected by the AO, no addition on the basis of the bank deposit can be made
Validity of Disallowance of interest on the ground that rate of interest paid was higher that rate of interest received in own case
Validity of Disallowance of interest on the ground that rate of interest paid was higher that rate of interest received in own case
Qualification in Tax Audit Report : There is no express bar in law which disallows expenditure relating to a period other than the previous year.
Qualification in Tax Audit Report : There is no express bar in law which disallows expenditure relating to a period other than the previous year.
Qualification in Tax Audit Report : There is no express bar in law which disallows expenditure relating to a period other than the previous year.
Qualification in Tax Audit Report : There is no express bar in law which disallows expenditure relating to a period other than the previous year.
When sale consideration of immovable property is shown more than DLC, there is no justification for making any addition u/s 50C: Jaipur ITAT
When sale consideration of immovable property is shown more than DLC, there is no justification for making any addition u/s 50C: Jaipur ITAT
