Courts: ITAT Kolkata
1,704 articlesIncome Tax
Income Tax
LTCG exemption cannot be denied on mere generalisation, human probabilities, suspicion, conjectures & surmises
Income Tax
Income Tax
LTCG Exemption Cannot Be Denied on Mere Probabilities Without Legal Evidence
Income Tax
Income Tax
Genuine LTCG Exemption Cannot Be Denied Based on Suspicion or Conjectures
Income Tax
Income Tax
No LTCG Addition Without Concrete Evidence, Mere Suspicion Insufficient: ITAT Kolkata
Income Tax
Income Tax
ITAT Kolkata Allows LTCG Claim for Lack of Specific Evidence
Income Tax
Income Tax
LTCG Cannot Be Treated as Bogus Without Specific Evidence on Mere Suspicion
Income Tax
Income Tax
LTCG Cannot be Deemed Bogus Solely on Price Volatility or General Investigation Report
Income Tax
Income Tax
ITAT Kolkata Quashes Reopening Due to Vague Reasons & Mechanical Approval
Income Tax
Income Tax
No requirement under law for registration of knowhow to claim depreciation
Income Tax
Income Tax
ITAT Quashes ₹1 Cr Penalty on Cash Transactions with Sister Concern
Income Tax
Income Tax
DVO’s Valuation Report Not Incriminating Material & same is mere estimation: ITAT Kolkata
Income Tax
Income Tax
Section 151A effective from 29.03.2022; jurisdiction under faceless assessment scheme not applicable prior
Income Tax
Income Tax
Section 263 revision cannot exceed reassessment scope: ITAT Kolkata
Income Tax
Income Tax
