ITAT Raipur held that due to non-response for assessee if addition of income is done as Form 26AS then obviously TDS credit ...

Both the appeals pertain to different assessees and arise against different orders of the Commissioner of Income Tax (Appeals ...

The ITAT also noted that since these deposits were not recorded in the regular books of accounts, the provisions of Section 68 of the Income-tax Act (relating to unexplained cash credits) could not be ...

Accordingly, the AO treated this amount as unexplained investment or income, proposing to tax the same under the relevant provisions of the Income Tax Act, possibly invoking Sections 69, 69B, or 69C, ...

ITAT Delhi held that addition merely on the basis of entries found in the seized diary without any corroborative evidence and without any independent enquiry by AO is not sustainable. Accordingly, ...

An arrangement was allegedly made where the OC would supply the fibre, and the CD would convert it into yarn through Shree ...

Surat considered whether a penalty under Section 272A(1)(d) of the Income Tax Act, 1961, could be levied for each instance of non-compliance with notices issued during assessment proceedings. The ...

CESTAT Mumbai held that the amount of Social Welfare Surcharge (SWS) payable would be ‘Nil’ in case where Basic Customs Duty (BCD) is Nil. Accordingly, the appeal is allowed.

As a result, IRDAI has warned the TPA and directed them to refrain from closing claims or issuing denial communications ...

Surat ruled in favour of the assessee by deleting a penalty levied under Section 271(1)(c) of the Income Tax Act. The dispute arose after the assessee filed a return declaring ₹1.49 lakhs of income ...

KOL/2024, pertaining to AY 2008-09 to 2013-14, the primary legal challenge raised by the assessee concerned the validity of the assessment framed following a revisionary order under Section 263. The ...

During the ITAT hearing, the trust’s counsel acknowledged the lack of comprehensive documentation and expressed a willingness ...