Articles by this Author
Income Tax
Income Tax
HC explains validity of invocation of section 153A based on statement recorded in search action against a third person
Income Tax
Income Tax
Section 147: AO must act based on ‘reasons to believe’ & not on ‘reasons to suspect’
Income Tax
Income Tax
No Section 68 Addition for Unsecured Loans merely for Low Income declared by creditors
Income Tax
Income Tax
Mere Vague Air Information of Cash Deposit Not Sufficient to believe Escapement of Income
Income Tax
Income Tax
Full Unconditional Stay of Demand Granted Where Addition on Third Party Statement was Without Cross Examination
Income Tax
Income Tax
Reopening on Estimate Based on Vague Information Is Not Valid
Income Tax
Income Tax
Credit in ‘bank account’ cannot be construed as credit in books under section 68
Income Tax
Income Tax
Absence of satisfaction of AO of searched person must for other person without which jurisdiction assumed under 153C is invalid
Income Tax
Income Tax
Penny Shares: Delhi HC deletes addition of alleged bogus LTCG
Income Tax
Income Tax
Reassessment Invalid if Objection to reopening not disposed by Separate Speaking Order
Income Tax
Income Tax
Assessment Invalid if Section 143(2) Notice Issued by DCIT Instead of ITO
Income Tax
Income Tax
Reopening on Borrowed Satisfaction Without Application of Mind Invalidates Reasons Recorded By AO
Income Tax
Income Tax
Reassessment based on Invalid Facts with no Application of Mind is Invalid
Income Tax
Income Tax
