Reassessment Beyond Four Years Quashed as AO Reopened Case on Mere Change of Opinion Without Fresh Material
ITAT: Reassessment Beyond Four Years Quashed as AO Reopened Case on Mere Change of Opinion Without Fresh Material The Kolkata […]
ITAT Restores Unsecured Loan Addition for Fresh Verification by Assessing Officer
ITAT Restores Unsecured Loan Addition for Fresh Verification by Assessing Officer The Mumbai Bench of the Income Tax Appellate Tribunal […]
ITAT Deletes Section 68 Addition on Funds Received from Directors and Group Concern
ITAT Deletes Section 68 Addition on Funds Received from Directors and Group Concern The Income Tax Appellate Tribunal (ITAT) Delhi, […]
Jewellery Company Received Rs. 21.37 Crore Share Capital at Rs. 190 Premium; ITAT Restores Section 68 Addition Despite Investor Documents
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that where the Assessing Officer conducts detailed enquiries […]
Pharma Company’s Loan Treated as Bogus; ITAT Holds PAN, Confirmation and Banking Trail Do Not Prove Genuine Creditworthiness
Pharma Company’s Loan Treated as Bogus; ITAT Holds PAN, Confirmation and Banking Trail Do Not Prove Genuine Creditworthiness The Delhi […]
ITAT Delhi Deletes Rs 9.41 Crore Addition on Demonetisation Cash Deposits Holding Suspicion Alone Cannot Justify Addition
ITAT Delhi Deletes Rs 9.41 Crore Addition on Demonetisation Cash Deposits Holding Suspicion Alone Cannot Justify Addition The Income Tax […]
Recovery of earlier advances cannot automatically be treated as unexplained income
Delhi ITAT: Recovery of earlier advances cannot automatically be treated as unexplained income The Delhi Bench of the Income Tax […]
ITAT Deletes Rs. 35.22 Lakh Demonetisation Addition; Cash Sales Accepted as Genuine
ITAT Deletes Rs. 35.22 Lakh Demonetisation Addition; Cash Sales Accepted as Genuine The assessee, Marche Retail Pvt. Ltd., engaged in […]