KOTTAKKAL CO-OP URBAN BANK LTD. vs. INCOME TAX OFFICER

Recent Posts

• 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
• An overview of the Key Changes in ITR Forms for AY 2025–26
• 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
• No proposal to levy GST on UPI Transactions over ₹ 2,000 Government Clarfiied
• Hyderabad ITAT deleted demonetization cash deposit addition as no concrete basis existed for treating the higher sales in that month as fictitious
• Documents signed by 3rd party cannot be held to be colorable devise without verification.
• CBIC issued Standard Operating Procedure (SOP) for GST Registrations
• 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
• Unsigned & Unverified papers cannot form the basis for addition u/s 69B