#section 132
Log in to FollowEvery article filed under the “section 132” tag — analysis, news and updates.
1,410 articlesIncome Tax
Income Tax
Profits estimated at 10% of contractual receipts hence no separate disallowance u/s. 40A(3) or 40(a)(ia) warranted: ITAT Chennai
Income Tax
Income Tax
Mistake apparent pertaining to carry forward and set off of unabsorbed depreciation and business losses could be revised by filing Form 3 under VSV scheme
Income Tax
Income Tax
No addition u/s 153C based on third party statements without having corroborating evidence
Income Tax
Income Tax
Levy of penalty u/s. 271D without recording any satisfaction untenable: Andhra Pradesh HC
Income Tax
Income Tax
No addition of unexplained jewellery as CBDT Instruction 1916 allows Jewellery Holding for other Family Members
Income Tax
Income Tax
Addition of non-genuine labour charges unjustified as genuineness proved: ITAT Mumbai
Income Tax
Income Tax
Approval granted u/s. 153D in mechanical manner is bad-in-law: ITAT Bangalore
Income Tax
Income Tax
Addition based on rough noting made on loose sheets unsustainable: ITAT Bangalore
Income Tax
Income Tax
Granting opportunity to cross examine essential as addition based on 3rd party statement: ITAT Bangalore
Income Tax
Income Tax
Departmental Officers Can Seek Interim Custody of Seized Currency Notes: Kerala HC
Income Tax
Income Tax
Matter rightly transferred to jurisdiction of place of business were incriminating material seized: Madras HC
Income Tax
Income Tax
Section 263 Revision Untenable Without Proving Assessment Order’s Error & Revenue Prejudice
Income Tax
Income Tax
No reassessment if AO failed to issue mandatory notice u/s 143(2) before assessment
Income Tax
Income Tax
