Courts: ITAT Visakhapatnam
252 articlesIncome Tax
Income Tax
Notice U/s. 148 Issued during pendency of assessment proceedings is invalid
Income Tax
Income Tax
Mere Material found during survey not gives any authorization to AO to make assessment U/s. 153C & 153A unless the same evidences Income understatement
Income Tax
Income Tax
Assessment U/s. 153A- In absence of Incriminating material no addition can be made in respect of concluded assessments
Income Tax
Income Tax
Section 50C Market Value on sale deed date or stamp duty value on sale agreement date
Income Tax
Income Tax
Land cannot be classified as non-agricultural for mere agricultural activity absence
Income Tax
Income Tax
Mere share transfer agreement does not cause effective share transfer unless accompanied with Transfer form & Share Certificates
Income Tax
Income Tax
S. 35(2AB): AO bound to grant deduction if R&D facility is approved by competent authority
Income Tax
Income Tax
Retrospective amendment in expl. 5A to Sec 271(1)(c) not applicable if original return filed before Finance Act comes into force
Income Tax
Income Tax
Clash of titans, sec 192 Vs sec 206AA
Income Tax
Income Tax
Court/Tribunal can dismiss appeal for non-prosecution
Income Tax
Income Tax
Subscription to chit funds cannot be regarded as investment U/s. 13(1)(d) RW 11(5)
Income Tax
Income Tax
For Deemed Dividend, accumulated profits do not include current year’s business profit, since it accrues only at end of year
Income Tax
Income Tax
s.40(a)(ia) apply only to expenditure remaining payable
Income Tax
Income Tax
