Reasonable quantity in income tax search

Recent Posts

• Mumbai ITAT Upholds Taxation of Covid Donation Funds Used for Personal Expenses by Assessee:
• A simple checklist for Clause 34 of Tax Audit Report to be Considered by Auditors:
• Madras High Court Rules: No Clubbing of GST Show Cause Notices for Multiple Financial Years
• Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC
• UPI Under GST Lens: Traders Must Be Cautious, Not Fearful
• Section 43CA Additions Quashed by ITAT Pune: A Victory Against Mechanical Reopening and Misapplication of Law
• Foreign Mutual Funds Must Be Reported in ITR — Avoid ₹10 Lakh Penalty
• Supreme Court Upholds Taxpayer’s Right to Reasoned Order in GST Detention Cases: A Landmark Ruling for Procedural Safeguards
• Assessing Officer cannot rely solely on borrowed information without independent verification or a rational connection to income escapement.
• Reassessment against dissolved Firm is void – ITAT Delhi Quashes ₹17 Crore Addition