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Case Law Details

Case Name : Rohit Prakashchandra Shah Vs ITO (ITAT Ahmedabad)
Related Assessment Year : 2014-15
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Rohit Prakashchandra Shah Vs ITO (ITAT Ahmedabad) Reopening Under Section 147 Upheld Despite Missing Paragraph in Reasons: ITAT Ahmedabad Clarifies Typo Doesn’t Invalidate AO’s Satisfaction; Reassessment on Penny Stock LTCG Justified When Original Return Omits Capital Gains, Says ITAT Ahmedabad; Typographical Error in Recorded Reasons Doesn’t Invalidate Reopening: ITAT Affirms AO’s Action Based on Insight Portal Inputs; No Bar on Using Search-Based Information for Reopening: ITAT Upholds Validity of Section 147 Action; Claim of Exempt LTCG on Penny Stock Rejected: ITAT Upholds Addition...
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CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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Interest on Delayed Sales Tax, Service Tax & PF Payments Deductible; TDS Interest Disallowed: Patna ITAT Section 54F Deduction Allowed on Genuine House Purchase from In-Laws: Mumbai ITAT Pune ITAT Quashes Reassessment as Section 148A(b) & 148A(d) Reasons Differed Section 54 Relief Can’t Be Denied Merely Due to Section 50C Addition: Pune ITAT Delhi ITAT Deletes Penny Stock Addition; Suspicion Can’t Replace Evidence View More Published Posts

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