Courts: ITAT Ahmedabad
2,451 articlesIncome Tax
Income Tax
Depreciation cannot be allowed on membership card of Stock Exchange
Income Tax
Income Tax
Ingredient about a bona fide claim is that assessee should be able to show or prove some intermediate steps in whole process of transaction
Income Tax
Income Tax
Mere making a claim which is incorrect in law not amounts to giving inaccurate particulars
Income Tax
Income Tax
Amendment brought out in Section 40(a)(ia) are clarificatory and retrospective w.e.f 1st April 2005
Income Tax
Income Tax
Once provisions of Municipalities Act are applicable to notified area then they gets covered by clause (ii) of section 10(20)
Income Tax
Income Tax
Merely by carrying out processing which result into same commodity, there will not be any manufacturing or production for purpose of section 10B
Income Tax
Income Tax
If book results are not rejected, AO has no alternative except to accept the book results
Income Tax
Income Tax
Penalty on alleged gifts received by minor sons of assessee which are finally transferred to assessee
Income Tax
Income Tax
Receipt of money in bank account not enough to establish genuineness of gift
Income Tax
Income Tax
Section 50C- AO can not tax the difference in the hands of the purchaser
Income Tax
Income Tax
Merely because for purpose of stamp duty, property is valued at higher cost, it cannot be said that assesses has made more payment than what is stated in sale deed
Income Tax
Income Tax
Mere fact that assessee has not stated date in appeal(s) memo and appeals were filed by scanned–signature, appeals can only say to be irregularity/ defective and same is curable one
Income Tax
Income Tax
Mere receipt of money through banking channels not sufficient to prove genuineness of its receipt as a gift
Income Tax
Income Tax
