Posted inJUDGEMENT Case can go on even if there is no name in FIR or charge sheet, important decision of Supreme Court by TaxConcept December 7, 2022December 7, 2022
Posted inJUDGEMENT S. 245 Adjustment of Refund: The Dept has not complied with the requirements of s. 245 of the Act [Read Order] by TaxConcept December 5, 2022December 5, 2022
Posted inJUDGEMENT Same PAN allotted to two persons, HC asks income tax department to respond by Radhika Goyal December 2, 2022December 2, 2022
Posted inJUDGEMENT Section 45(4) Of Income Tax Act Applicable To Cases Of Subsisting Partners Of A Partnership Transferring The Assets In Favour Of A Retiring Partner: Supreme Court by Radhika Goyal November 29, 2022November 29, 2022
Posted inJUDGEMENT ITAT Deletes Addition On Cash Deposits Before Demonetisation by TaxConcept November 28, 2022
Posted inJUDGEMENT Delay in filing Appeal due to sufficient cause can be Condoned on Grounds of Reasonable Cause: Gujarat HC by VIPUL KHANDHAR October 19, 2022October 19, 2022
Posted inJUDGEMENT India-UK agree to exchange experiences and best practices in areas of working of commercial courts, and ADR mechanisms like arbitration and mediation by CS Hanuman prajapat August 23, 2022
Posted inJUDGEMENT There is Difference Between ‘Contract Of Work’ And ‘Contract Of Service’: ITAT Kolkata July 5, 2022July 5, 2022
Posted inJUDGEMENT Section 206AA Does Not Have Overriding Effect Over Other Provisions Of The Act: ITAT Hyderabad June 25, 2022
Posted inJUDGEMENT Penalty Cannot Be Levied If Omission And Wrong Claim Was By Oversight And Auditors Did Not Point It Out: ITAT Mumbai June 21, 2022
Posted inJUDGEMENT CIT(A) Has No Power To Enhance New Source Of Income Neither Discussed in Assessment Order Nor Mentioned in ITR: ITAT Pune June 20, 2022
Posted inJUDGEMENT Income Which is Not Chargeable Under Specific Provisions Of Articles 6 to 21 Cannot Be Taxed Under Residuary Provision: ITAT Chennai June 19, 2022
Posted inJUDGEMENT Loose Papers Which Do Not Have Full Details Are “Dumb Documents” And Have No Evidentiary Value: ITAT Ahmedabad June 18, 2022
Posted inJUDGEMENT Disallowance Has To Be Made Even in Respect Of Securities Held As Stock-in-Trade By Assessee: ITAT Kolkata June 16, 2022
Posted inJUDGEMENT The Onus is On Assessee To Establish Justification For Clubbing The Transactions: ITAT Bangalore June 14, 2022June 14, 2022
Posted inJUDGEMENT There is Distinction Between “Lack Of Enquiry” And “Inadequate Enquiry”: ITAT Mumbai June 13, 2022
Posted inJUDGEMENT “On Money” Received By Assessee For Sale Of Agricultural Land Has To Be Treated As “Agricultural Income” If Assessee Has No Other Source For Receipt: ITAT Cochin June 12, 2022June 12, 2022
Posted inJUDGEMENT Bogus Purchases Cannot Be Assessed As ‘Unexplained Expenditure’ If Transactions Are Duly Disclosed And Payments Are Through Banks: ITAT Mumbai June 10, 2022June 10, 2022
Posted inJUDGEMENT Penalty Proceedings Are “Quasi-Criminal” And Ought To Comply With Principles Of Natural Justice: ITAT Mumbai June 9, 2022
Posted inJUDGEMENT Gift Received From HUF By A Member Of HUF is Exempt From Tax: ITAT Mumbai June 8, 2022June 8, 2022
Posted inJUDGEMENT AO Has To Make Independent Inquiry To Treat Purchases As Bogus: ITAT Mumbai June 7, 2022June 7, 2022
Posted inJUDGEMENT Penalty For Delay in Filing TDS Returns Cannot Be Levied If Delay Was Due To Requirement To Collect PAN Of Payees: ITAT Jaipur June 3, 2022
Posted inJUDGEMENT Penalty Cannot Be Levied Unless There is “Evidence Beyond Doubt” That There Was Concealment Of Particulars Of Income Or Furnishing Inaccurate Particulars Thereof: ITAT Delhi June 1, 2022June 1, 2022
Posted inJUDGEMENT Period Of Limitation For Rectification Application is Six Months From End Of Month in Which “Order is Passed”: ITAT Hyderabad May 31, 2022
Posted inJUDGEMENT Amounts Paid By Way Of Reimbursement Of Expenses Do Not Constitute Income in The Hands Of Recipient: ITAT Cochin May 30, 2022May 30, 2022
Posted inJUDGEMENT Section 69C Cannot Be Applied Where All Purchase And Sales Transactions Are Part Of Regular Books Of Accounts: ITAT Mumbai May 29, 2022May 29, 2022
