Courts: ITAT Lucknow
244 articlesIncome Tax

Income Tax
Cash Gift taxable in the year of receipt and not in year it was traced
Income Tax

Income Tax
Commodity Derivatives Trading loss can be Set Off against Regular Business Income
Income Tax

Income Tax
Cause of delay material for granting condonation not length of delay
Income Tax

Income Tax
Delay in filing of Form 10 – ITAT directs CIT(E) to re-examine the reasons for failure
Income Tax

Income Tax
Commodity derivatives trading loss can be set-off against regular business profits
Income Tax

Income Tax
Profit from sale of agricultural land not includible while computing book profit
Income Tax

Income Tax
Clerical Mistake In Audit Report Form 10B Can Be Rectified
Income Tax

Income Tax
Once source of expenditure is proved addition u/s 69C is unsustainable in law
Income Tax

Income Tax
Section 271(1)(c) penalty not sustainable if notice not specifies limb for levy of penalty
Income Tax

Income Tax
ITAT Lucknow deletes addition for alleged Bogus Capital Gains from Penny Stocks
Income Tax

Income Tax
Addition based on third party statement without any opportunity of cross-examination to assessee not sustainable
Income Tax

Income Tax
Issue of scrutiny notice by non jurisdictional officer makes entire assessment invalid
Income Tax

Income Tax
Section 254(2)- Tribunal cannot review its own order: ITAT
Income Tax

Income Tax
