Courts: ITAT Pune
1,532 articlesIncome Tax
Income Tax
WIP Valuation on receipt basis forbidden in mercantile accounting
Income Tax
Income Tax
Exemption u/s 10 (23C)(iiiab) cannot be denied merely on the basis of contradictory statements of few donors
Income Tax
Income Tax
Orders passed U/s. 201(1)/201(1A) should comply by time limit prescribed under proviso to section 201(3)
Income Tax
Income Tax
Penalty u/s 271(1)(c) in search assessment is tenable only if some incriminating material found during search
Income Tax
Income Tax
Peak credit theory for addition to income is applicable when deposit in bank account is out of cash withdrawals
Income Tax
Income Tax
Expense/Liability not allowable based on mere debit note, unless genuineness is established
Income Tax
Income Tax
Penalty u/s 271(1)(C) can’t be levied in succeeding year if on similar/ identical disallowance, no penalty was levied in preceding year
Income Tax
Income Tax
Books cannot be rejected when PAN mentioned and TDS was deducted
Income Tax
Income Tax
Interest u/s 234C is to be levied on Assessed or Returned income whichever is less
Income Tax
Income Tax
Valuation u/s 50C should be Preferably handed to the Valuation Officer in the event of dispute
Income Tax
Income Tax
Welfare bodies formed under state statute eligible for registration u/s 12AA despite charging fees for their services
Income Tax
Income Tax
Onus is on assessee to prove identity / creditworthiness of creditors & genuineness of transactions
Income Tax
Income Tax
Whether provisions of Section 206AA overrides provisions of Section 90(2) of Income-tax Act, 1961
Income Tax
Income Tax
