HC Strikes Down Reassessment Based on Lack of Bank Clarification

HC Strikes Down Reassessment Based on Lack of Bank Clarification The petitioner challenged the reopening of assessment for AY 2018-19 […]

HC Upholds Deletion of Rs. 5.04 Cr Bogus Purchase Addition Lacking Evidence

HC Upholds Deletion of Rs. 5.04 Cr Bogus Purchase Addition Lacking Evidence The assessee filed return for AY 2012–13 declaring […]

High Court Quashes Reassessment Notice Based on Same Bank Deposits Already Examined Earlier

High Court Quashes Reassessment Notice Based on Same Bank Deposits Already Examined Earlier M/s. Sanjay Kumar Bijay Kumar, a partnership […]

ITAT  Deletes Rs. 14.74 Lakh Section 69 Addition and Alleged On-Money in Flat Purchase Case

ITAT Deletes Rs. 14.74 Lakh Section 69 Addition and Alleged On-Money in Flat Purchase Case Smt. Mithlesh Amarnath Maurya did […]

ITAT Restricts Stock Addition to Rs. 19.46 Lakh; Survey Working Found Inflated

ITAT Restricts Stock Addition to Rs. 19.46 Lakh; Survey Working Found Inflated The assessee, a jeweller trading as Sharada Jewellers, […]