Delhi High Court dismisses appeal, citing Tecmax Electronics’ negligence in tracking order, leading to delayed CESTAT filing.
ITAT Mumbai permits bad debt write-off without proof of irrecoverability, protecting legitimate transactions amidst NSEL issues. (159 Characters)
ITAT Delhi remits appeal due to CIT(A) dismissal without proper notice, ensuring fair hearing in assessment year 2011-12 case. (159 Characters)
ITAT Bangalore allows appeal, deleting addition for demonetization cash deposit, accepting claim of mother’s savings as source. (159 Characters)
Provisions of Section 44AB, which mandate Tax audit, are not applicable to fictional income provisions like Section section 68, 69, 69A, 69B, 69C& 69D
Delhi HC directs Customs to preserve CCTV footage upon receiving complaints of illegal foreign currency seizure from travelers at airports.
Gujarat High Court quashes reopening of assessment in Mahatma Gobarji Seva Sansthan case, citing lack of escaped income & improper consideration.
Delhi High Court voids tax reassessment. Variance between initial notice and subsequent order denied taxpayer fair opportunity to respond.
ITAT Jaipur remands case on S.40A(3) non-compliance to CIT(A), imposing Rs. 2,000 cost for assessee’s non-compliance. (158 Characters)
ITAT Delhi upholds CIT(A) decision, allowing TDS credit after verification, even if not claimed in return, ensuring fair tax collection.
