Courts: ITAT Kolkata
1,707 articlesIncome Tax
Income Tax
ITAT Kolkata Allows Interest on Business-Purpose Unsecured Loans
Income Tax
Income Tax
Non-Consideration of Investor Identity & Creditworthiness Evidences: Addition deleted
Income Tax
Income Tax
Revision u/s 263 without recording a finding regarding escapement of income is unsustainable
Income Tax
Income Tax
Annual Lettable Value of vacant property held as stock-in-trade is computed at NIL
Income Tax
Income Tax
Section 271(1)(c) Penalty not leviable if explanation with documentary evidence not found to be false
Income Tax
Income Tax
Improper Accounting & Misclassification don’t Justify Treating an Investment as Bogus
Income Tax
Income Tax
Limited scrutiny is limited to aspects of information received through AIR returns
Income Tax
Income Tax
Revisionary proceedings u/s 263 exercised only based on facts verifiable from records is unjustified
Income Tax
Income Tax
Long-term capital loss u/s 50B allowed as Form 3CEA filed during assessment proceeding
Income Tax
Income Tax
Section 10(38) Exemption Ineligible for bogus LTCG on Penny Stock Equity Sales
Income Tax
Income Tax
Disallowance under rule 8D(2)(ii) unjustified as interest bearing funds not applied for making investments
Income Tax
Income Tax
Order passed based on submissions made before CIT(A) without conducting enquiry unsustainable
Income Tax
Income Tax
No TDS on Joint Venture Payments Without Contractual Relation
Income Tax
Income Tax
