IT JudgementWhether the ITAT needs to check the facts of the case rather than quashing the appeal order on a legal issue?3 years agoWhether the ITAT needs to check the facts of the case rather than quashing the appeal order on a legal…
IT JudgementWhen a receipt is not in the character of income, it cannot form part of the book profit under section 115JB of the Act, 1961.3 years agoWhen a receipt is not in the character of income, it cannot form part of the book profit under section…
IT JudgementValidity of addition as a result of difference in the valuation of the Stock as per the Tally ERP vis a vis as computed by Income Tax Department Survey Team3 years agoValidity of addition as a result of difference in the valuation of the Stock as per the Tally ERP vis…
IT JudgementPowers of ITAT u/s 254 does not mean power to grant stay of demand by waiving off 20% pre-deposit: Mumbai ITAT3 years agoPowers of ITAT u/s 254 does not mean power to grant stay of demand by waiving off 20% pre-deposit: Mumbai…
IT JudgementIn absence of valid service of notice under section 148 of the Act, the assessment proceeding under section 147 of the Act has to be declared as invalid.3 years agoIn absence of valid service of notice under section 148 of the Act, the assessment proceeding under section 147 of…
IT JudgementAmendment to Section 36(1)(va) of the Income Tax Act is prospective in nature: Delhi HC3 years agoAmendment to Section 36(1)(va) of the Income Tax Act is prospective in nature: Delhi HC Delhi High Court in…
IT JudgementNo penalty for accepting loan in cash from sister concern for making labour payments at far off places and there was an urgency to do so: Orissa HC3 years agoNo penalty for accepting loan in cash from sister concern for making labour payments at far off places and there…
IT JudgementNo addition u/s 69A for cash deposits during demonetization if the same is routed through regular books of account of assessee which was not rejected by AO: Chandigarh ITAT3 years agoNo addition u/s 69A for cash deposits during demonetization if the same is routed through regular books of account of…
IT JudgementNo GST on Renting Of Residential accommodation for Personal Use: Delhi High Court3 years agoNo GST on Renting Of Residential accommodation for Personal Use: Delhi High Court Delhi HC in the case of SEEMA GUPTA…
IT JudgementDelhi HC decides the date of issue of notices sent through various modes for purposes of time-barring reassessment.3 years agoDelhi HC decides the date of issue of notices sent through various modes for purposes of time-barring reassessment. [2022] 143 taxmann.com 11…
IT JudgementNo reference made to the clarifications of the appellant in the order for rejection of exemption, order to be set aside: ITAT3 years agoNo reference made to the clarifications of the appellant in the order for rejection of exemption, order to be set…
IT JudgementDSC not mandatory for Service of Notice u/s 148: Delhi HC3 years agoDSC not mandatory for Service of Notice u/s 148: Delhi HC SUMAN JEET AGARWAL (W.P.(C) 10/2022, CM APPL.16/2022) …
IT JudgementSection 80P deduction is available if the income tax return is not filed: ITAT analyzed section 80A (5)3 years agoSection 80P deduction is available if the income tax return is not filed: ITAT analyzed section 80A (5) ITAT,…
IT JudgementDeduction for provision of doubtful debts may be allowed even if assessee has not written off such provision in ledger a/c of Book Debt3 years agoDeduction for provision of doubtful debts may be allowed even if assessee has not written off such provision in ledger…
IT JudgementRegistration Restored despite the fact that the application for revocation / appeal was not made in time.3 years agoRegistration Restored despite the fact that the application for revocation / appeal was not made in time. Registration Restored…
IT JudgementAnil Ambani given temporary relief in prosecution under the Black Money Law by Bom HC3 years agoAnil Ambani given temporary relief in prosecution under the Black Money Law by Bom HC Facts: 1. Tax authorities…
IT JudgementCash payments to the agriculturists are allowable U/s 40A(3)- How to prove that the recipient is an agriculturist?3 years agoCash payments to the agriculturists are allowable U/s 40A(3)- How to prove that the recipient is an agriculturist? The disallowance…
IT JudgementNo penalty if there are conflicting views of the judiciary on the issue: ITAT Rajkot3 years agoNo penalty if there are conflicting views of the judiciary on the issue: ITAT Rajkot Here is an interesting…