Courts: ITAT Agra
258 articlesIncome Tax
Income Tax
Addition u/s 68 merely on the basis of Bank Passbook not sustainable
Income Tax
Income Tax
ITAT show follow view favouring assesse in case of Two Conflicting views of Non-Jurisdictional HCs
Income Tax
Income Tax
Penalty U/s. 271C cannot be imposed for updation error in software
Income Tax
Income Tax
Concealment of income & furnishing of inaccurate particulars are distinct and separate charge
Income Tax
Income Tax
To invoke sec. 147 AO has to prove that Assessee Escaped Income
Income Tax
Income Tax
CIT (A) should discuss or decide merits of case even in ex- parte decision
Income Tax
Income Tax
In absence of contumacious conduct penalty U/s. 271C not leviable
Income Tax
Income Tax
No further addition if addition not made on re-assessment reasons
Income Tax
Income Tax
Entire amount of deposit in bank cannot be treated as unexplained
Income Tax
Income Tax
Interest Expense incurred to earn Interest Income is allowable – Section 57(iii)
Income Tax
Income Tax
Sec 153A cannot be used to re-agitate concluded assessment in absence of any incriminating material
Income Tax
Income Tax
Addition cannot be made only on the basis of a surrender simplictor
Income Tax
Income Tax
A.O should refrain from adopting double standards of accepting in remand proceedings yet challenging it at appellate forum
Income Tax
Income Tax
