Courts: All ITAT
25,431 articlesIncome Tax
Income Tax
Notional Foreign Exchange Gain from year-end revaluation of a loan on capital account was not taxable income
Income Tax
Income Tax
Provision for consumer loyalty program was an allowable deduction u/s 37 and no TP adjustment as profits of eligible units were at arm’s length
Income Tax
Income Tax
No addition u/s 69A for undisclosed Jewellery as family inheritance and household withdrawals were sufficient to explain sources
Income Tax
Income Tax
Penalty u/s. 271(1)(c) set aside as notice failed to specify specific charge or limb
Income Tax
Income Tax
Revenue Cannot Reopen Closed Cases on Previously Verified Share Capital
Income Tax
Income Tax
Suppliers Didn’t File Returns? Doesn’t Mean Assessee Didn’t Buy
Income Tax
Income Tax
One Commission, Two Tax Demands? ITAT Says: Verify First – No Double Taxation
Income Tax
Income Tax
A clerical mistake in Form 3CD cannot lead to addition without hearing assessee
Income Tax
Income Tax
“Kalra Ji” on Loose Papers Not Enough: ITAT Deletes ₹1.2 Cr Addition for Lack of Evidence
Income Tax
Income Tax
Jewellery Stock Surrender Taxable as Business Income, Not Unexplained Investment
Income Tax
Income Tax
No addition of ₹3.55 Cr addition u/s 68 in Accommodation Entry Dispute as there was genuineness of transaction
Income Tax
Income Tax
TCS liability against mining officer was valid as compounding fees from Illegal Mining was treated as ‘Transfer of Rights’
Income Tax
Income Tax
Surrendered income during survey cannot be treated as unexplained income so higher tax u/s. 115BBE not justified
Income Tax
Income Tax
