Mere Difference in Trade Creditor Closing Balance Cannot Justify Section 68 Addition When Purchases Are Accepted, Rules ITAT
Mere Difference in Trade Creditor Closing Balance Cannot Justify Section 68 Addition When Purchases Are Accepted, Rules ITAT The ITAT […]
ITAT Deletes Rs 8.01 Lakh Addition on Cash Deposits, Accepts Rental Income Explanation
ITAT Deletes Rs 8.01 Lakh Addition on Cash Deposits, Accepts Rental Income Explanation The Income Tax Appellate Tribunal (ITAT) Hyderabad […]
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 […]
Survey Statement Alleging Bogus Loans Could Not Override Bank Records, ITRs and Confirmations; ITAT Deletes Rs. 1.45 Crore Section 68 Addition
Survey Statement Alleging Bogus Loans Could Not Override Bank Records, ITRs and Confirmations; ITAT Deletes Rs. 1.45 Crore Section 68 […]
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 […]
ITAT Condoned 140-Day Delay, Says Substantial Justice Must Prevail Over Technicalities
ITAT Condoned 140-Day Delay, Says Substantial Justice Must Prevail Over Technicalities The ITAT Bangalore condoned a 140-day delay in filing […]
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 […]