Penalty-2711c not imposable if income estimated u/s 144 where books of accounts not produced
INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR ITA No.293(Asr)/2013 Assessment year: 2005-06...
Penalty-271(1)(c) for share application money received from different companies with common addresses, bank account deleted
The Explanation 1 to section 271(1)(c) raises rebuttable presumption and once the assessee has furni...
Penalty 271(1)(c) deleted for claiming deduction u/s 54 for two residential houses . There was scope of ambiguity before amendment in 2014
INCOME TAX APPELLATE TRIBUNAL LUCKNOW BENCH “A”, LUCKNOW ITA No.01/LKW/2015 Assessment year:2006...
Unexplained Investment u/s 69. Muslims religion bars Bank Interest income therefore gift, stridhan and savings kept in cash at home
INCOME TAX APPELLATE TRIBUNAL LUCKNOW BENCH “A”, LUCKNOW ITA No.697/LKW/2015 Assessment year:201...
TDS default Proceedings u/s 201/201A can not be initiated till it is found that deductee has also failed to pay tax directly
INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘A’ : NEW DELHI) ITA Nos.5992, 5993 & 5994/Del./2...
Green tea leaves cess allowed on 100 percent composite income before applying Income Tax Rule 8D
HIGH COURT AT CALCUTTA ITA No.269 OF 2009 COMMISSIONER OF INCOME TAX, KOLKATA – II Versus M/S MORA...
Assessee entitled to interest u/s 244A(1)(b) for excess payment on self assessment tax-Kolkata HC
HIGH COURT AT CALCUTTA ITA No.526 OF 2004 COMMISSIONER OF INCOME TAX, KOLKATA – I Versus BIRLA COR...
No Penalty 271(1)(c) if income offered u/s 132(2) is accepted by Assessing Officer u/s 153A and assessed
INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘A’ BENCH, KOLKATA I.T.A. No. 622/KOL/ 2008 Assessment Ye...
CIT-Appeals has no power u/s 251 to send back file to AO to verify claim of the assessee.
INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH ‘A’, KOLKATA ITA No. 196/Kol/2013 : Asstt. Year : 20...
If higher GP rate applied no trading account disallowance can be made
INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘B’ BENCH, KOLKATA I.T.A. No. 1307/KOL/ 2013 Assessment Y...