Courts: ITAT Kolkata
1,704 articlesIncome Tax
Income Tax
Valuation of stock should be as per regular method followed, not on estimation basis – ITAT
Income Tax
Income Tax
Specific Concealment of Income has to be established for levy of Penalty
Income Tax
Income Tax
Loan to Shareholders in the course of lending business cannot be treated as deemed dividend
Income Tax
Income Tax
Delay in filling appeal due to negligence / inaction of Revenue cannot be condoned
Income Tax
Income Tax
Assessee cannot be asked to prove something which is beyond its control
Income Tax
Income Tax
Necessary Documents should be filed to prove bonafide intention when money received from overseas
Income Tax
Income Tax
Profit from Conversion of Stock-in-trade into Investments is Business Income
Income Tax
Income Tax
Interest, Transport and Power Subsidies are eligible Deductions u/s 80IB
Income Tax
Income Tax
Once Labour Payments are made, clear-cut Contract exists between the parties
Income Tax
Income Tax
Central Excise Refund & Sales Tax Remission are admissible deductions u/s 80IC
Income Tax
Income Tax
Slight difference in Person’s Name does not prove transaction is not genuine
Income Tax
Income Tax
No Penalty u/s 271FB if Assessee has no malafide intentions
Income Tax
Income Tax
Materials collected & Statements recorded during Survey u/s 133A are not conclusive evidences
Income Tax
Income Tax
