ITAT Agra Bench

Screenshot_2022-04-16-07-44-53-83_4251af1b5b11394b318ec35cda6368c8-dabac918

Concealment Of Income And Furnishing Of Inaccurate Particulars Are Distinct And Separate Charges: ITAT Agra

In the case of Sachin Arora vs. ITO, ITAT Agra has held that: It is quite clear, that suppressio vari’, or ‘suppression of truth’, which has, in section 271(1)(c) of the IT Act, as its equivalent,concealment of income’, and `suggestio falsi’, literally, ‘suggesting or stating a falsehood’, which manifests itself as ‘furnishing of inaccurate particulars …

Concealment Of Income And Furnishing Of Inaccurate Particulars Are Distinct And Separate Charges: ITAT Agra Read More »

ITAT Agra's Landmark Judgement On ESI/ PF Disallowance

ITAT Agra’s Landmark Judgement On ESI/ PF Disallowance

In various cases, ITAT Agra has held that: Having gone through the Orders of the Co-ordinate Bench of Tribunal allowing the delayed payment pertaining to employees contribution, Orders of the Co-ordinate Bench of Tribunal disallowing the delayed payment pertaining to employees contribution, Judgments of various Hon’ble Courts disallowing the delayed payment, Judgments of various Hon’ble …

ITAT Agra’s Landmark Judgement On ESI/ PF Disallowance Read More »

As the Activities of the Assessee are Under the Statutory Obligation under Development Act 1973, The Activities Can Not be Treated as Trade, Commerce or Business: ITAT Agra

As the Activities of the Assessee are Under the Statutory Obligation under Development Act 1973, The Activities Can Not be Treated as Trade, Commerce or Business: ITAT Agra

In the case of Agra Development Authority vs DCIT, ITAT Agra has held that after respectfully following the decision of the coordinate bench in the matter of JHANSI DEVELOPMENT AUTHORITY (supra) we hold that the assessee activities like Income from sale of plots/ lands, Freehold conversion income, interest income from instalments, development charges, building plan …

As the Activities of the Assessee are Under the Statutory Obligation under Development Act 1973, The Activities Can Not be Treated as Trade, Commerce or Business: ITAT Agra Read More »

Demonetization-0d4869cd

ITAT Agra Bench: No tax on cash deposits made by housewives during demonetization 2016

The Income Tax Appellate Tribunal (ITAT), Agra bench consisting of Judicial Member Lalit Kumar and the Accountant Member Dr Mitha Lal Meena has ruled that cash deposit made by the housewives during the demonetization scheme 2016, cannot be subject to addition if such deposits are below Rs 2.5 lakh and such amount shall not be …

ITAT Agra Bench: No tax on cash deposits made by housewives during demonetization 2016 Read More »