No addition u/s 68 Sustainable if the creditors are paid in subsequent years through banking channel
No addition u/s 68 Sustainable if the creditors are paid in subsequent years through banking channel ITAT Bangalore in the…
section 68 & 41
Recent Posts
- Telangana HC: Stock Market Trades Cannot Be Branded as GAAR Without Proof of Arrangement
- Significant Economic Presence Redefined: No SEP for Export Procurement under Finance Act 2025:
- A 1993 Property Deal: Court Says Over, Taxman Says Begin
- What if the charitable trust don’t file the income tax return within due date?
- CIRC of ICAI requested FM to extend the due date of Tax Audit Reports for FY 2024-25 from 30th Sept to 31st Dec 2025.
- VTPA Representation for Extension of Due Date for Filing of Income Tax Returns for A.Y. 2025–26
- VTPA Representation for extending the period of renewal for registration from 5 years to 10 years for the charitable trust who are required to apply for registration by 30th Sept 2025
- Demonetisation Cash Deposits to be Taxed as Business Income, Not Unexplained u/s 69A
- IT Dept Advisory – TDS/TCS Correction Window
- Chronicles of Compressed Compliance in Income Tax
