Courts: ITAT Visakhapatnam
Find latest ITAT Visakhapatnam judgments, orders and case laws on income tax covering assessments, deductions, capital gains, TDS, reassessment, additions and penalties.
Addition for excess Gold – ITAT extends benefit of CBDT Instruction to mother of married female assessee
Section 153C satisfaction needs to be recorded even if AO of searched & other person is same
Section 54: Land value includible in cost of new residential house
Reasonable time limit for issue of notice u/s 201(1)/201(1A) is 4 years
Categorizing donation as anonymous is unsustainable when donor’s identity is established
Once identity & creditworthiness of investors is established addition u/s 68 unsustainable
Addition of unsecured loan sustained as genuineness of transaction not established
Section 80IB deduction not allowable if Form 10CCB not filed with return of income
Addition for mere typographical error in Bank A/c number not unsustainable
No addition for mere registration of property in Assessees name without actual transfer of money
No Addition for Unaccounted Sales without Cogent Material
Proceeds of cash sales deposited in bank- addition unjustified
Loan to assessee cannot be treated as deemed dividend when Assessee given personal Security as collateral for loan of Company
Statement in Form-67 shall be furnished on or before Income Tax Return Due Date
ITAT Visakhapatnam judgments and orders deal with a broad range of appeals under the Income-tax Act. This page compiles Tribunal case laws concerning assessments, additions, deductions, exemptions, business income, capital gains, unexplained income, reassessment, TDS, penalties, limitation and procedural disputes. Taxpayers, companies, Chartered Accountants, advocates and tax professionals can use this dedicated category to research ITAT Visakhapatnam precedents and follow developments in direct tax litigation. TaxGuru brings together recent and significant earlier Tribunal decisions published on the website, providing a convenient resource for income-tax case-law research and appellate practice.
