Courts: ITAT Rajkot
Find latest ITAT Rajkot judgments, orders and case laws on income tax covering assessments, additions, deductions, exemptions, capital gains, reassessment and penalties.
Service of notice to last known address is valid service
Section 269SS not applicable on Cash Loan Taken from Brother & Mother
Penalty u/s 271(1)(b) not leviable if reasonable cause shown by Assessee
Inadvertent mistake committed while filing return cannot take away rights of assessee
Addition towards notional income on advance deleted in absence of specific provision
If appeal is pending before CIT (A), exercise of section 263 jurisdiction by PCIT would be barred
No penalty for non-getting account audited under bona fide belief based on ICAI Guidance Note on tax audit
No section 271(1)(c) penalty for income offered for taxation by filing revised return
ITAT deletes section 271(1)(b) penalty for inadequate time to reply & disputes between Partners
Section 80-IA deduction not allowable if not claimed in return of Income
Section 263 SCN not justified in absence of specific finding of PCIT with respect to enquiries
ITAT taxed Income of Small Businessman at a presumptive rate – Section 44AD
Developer to follow AS 11 issued by ICAI & not AS-7 which applies to contractor
Section 263 order not sustainable if no error in Assessment Order
ITAT Rajkot judgments and orders cover various disputes arising under the Income-tax Act. This TaxGuru page collects Tribunal decisions concerning assessments, additions, deductions, exemptions, business income, capital gains, unexplained income, reassessment, TDS, penalties, limitation and procedural matters. Taxpayers, businesses, Chartered Accountants, advocates and tax professionals can use the category to identify ITAT Rajkot precedents relevant to their matters and follow appellate developments. The collection includes recent and significant earlier Tribunal decisions published on TaxGuru for convenient income-tax research.
