Fictitious entry and section 68

Recent Posts

• Assessment Invalid if Material Not Shared or Cross-Examination Denied: ITAT Mumbai Reaffirms Natural Justice Rule
• JAO vs FAO Dispute: Supreme Court Allows Taxpayers to Approach High Courts Again After Proposed Retrospective Amendment
• Tenancy Rights Exchanged for Flats: ITAT Mumbai Says FMV Becomes Cost of Acquisition, Not Nil
• Political Donation Deduction Allowed Despite Allegations Against Party: ITAT Raipur Clarifies Scope of Section 80GGC
• Assessment Invalid if Notice Issued by Wrong Officer: ITAT Mumbai Quashes Order for Lack of Jurisdiction
• 44AD vs 44ADA: Can TDS Under Section 194J Decide Your Presumptive Tax Fate? Tribunals Say “No”
• Conversion of OCRPS into Equity Not Taxable Under Section 56(2)(x): ITAT Mumbai Gives Relief in Fairbridge Capital Case
• Reassessment Fails if Notice Beyond Surviving Limitation: ITAT Rajkot Applies Supreme Court Rule on Time-Barred Proceedings
• Cash Deposit Addition Deleted Where Withdrawals Explained Source: ITAT Reiterates Principle on Cash Availability
• Foreign Salary Credited to NRE Account Not Taxable in India: ITAT Ahmedabad Clarifies NRI Taxation Rule