Day: October 11, 2025
51 articlesIncome Tax
Income Tax
No One-to-One Matching Needed for Bank Deposits When Sources Are Verified – Adhoc Cash Deposit Addition deleted
Income Tax
Income Tax
Entire Forex Turnover Cannot Be Taxed Without Verification: ITAT Mumbai
Income Tax
Income Tax
ITAT Upholds Deletion of Bogus F&O Loss Additions; Post-Search Reports Cannot Justify 153A
Income Tax
Income Tax
80G Cannot Be Denied Merely Because One Object Seems Religious – ITAT Says Check 5% Rule & Facts Properly
Income Tax
Income Tax
Section 10(34)/(35) Exemption Allowed Despite Sec. 11 Denial: ITAT Mumbai
Income Tax
Income Tax
ITAT Remands Crore Expense Disallowance, Citing Failure to Examine Documentary Evidence
Income Tax
Income Tax
Section 194IC Applies to Leasehold Land in JDA, but Developer May Avoid Default if Tax Paid
Income Tax
Income Tax
ITAT Mumbai upholds penny-stock loss as genuine – Revenue’s addition deleted
Income Tax
Income Tax
ITAT Delhi: Cash of ₹3.11 Cr found in locker is NOT “unexplained” – treated as speculative/business income, Section 69A & 115BBE deleted
Custom Duty
Custom Duty
Customs Duty Rate Determined by Entry Inwards at Port, Not Territorial Waters Arrival
Goods and Services Tax
Goods and Services Tax
Section 17D assessment under Kerala General Sales Tax Act to be finalized within reasonable time
Income Tax
Income Tax
AO Can’t Cry ‘SBN Violation’ to Tax Genuine Sales – Demonetisation or Not – Once Sales Are in the Books, You Can’t Tax the Cash Twice
Income Tax
Income Tax
Addition upheld by CIT(A) without passing speaking order is not justifiable: Matter restored
Income Tax
Income Tax
