Blog Categories
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
ACIT, Central Circle, Allahabad vs. M/s Sidhi Vinayak Stone Works, Sonebhadra — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad
Facts of the CaseThe Assistant Commissioner of Income Tax, Central Circle,
Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad
Bench, challenging the order passed by the Commissioner of Incom...
ACIT, Allahabad vs. Sri Suresh Chandra, Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad
Facts of the CaseThe Assistant Commissioner of Income Tax, Allahabad, filed an
appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging
the order passed by the Commissioner of Income Tax (Appeals) ...
ACIT, Allahabad vs. Shri Hemant Kumar Sindhi, Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad
Facts of the CaseThe Assistant Commissioner of Income Tax, Allahabad, filed an
appeal before the Income Tax Appellate Tribunal, Allahabad Bench, challenging
the order passed by the Commissioner of Income Tax (Appeals) ...
ACIT, Allahabad vs. M/s Madhu Colonisers (P) Ltd., Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A in View of CBDT Monetary-Limit Circular | ITAT Allahabad
Facts of the CaseThe Assistant Commissioner of Income Tax, Allahabad, filed an
appeal before the Income Tax Appellate Tribunal, Allahabad Bench, against the
order passed by the Commissioner of Income Tax (Appeals) in t...
ACIT (Central Circle), Allahabad vs. Shashi Vaish, Allahabad — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad
Facts of the CaseThe Assistant Commissioner of Income Tax (Central Circle),
Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad
Bench, challenging the order passed by the Commissioner of Inco...
ACIT (Central Circle), Allahabad vs. M/s Subhash Stone Industries Ltd., Nainital — Revenue Appeal Dismissed on Low Tax Effect under Section 268A pursuant to CBDT Monetary-Limit Circular | ITAT Allahabad
Facts of the CaseThe Assistant Commissioner of Income Tax (Central Circle),
Allahabad, filed an appeal before the Income Tax Appellate Tribunal, Allahabad
Bench, challenging the order passed by the Commissioner of Inco...
Special Purpose Certificates Issued by ICAI Members – Comprehensive Professional Analysis under ICAI Guidance Note 2016
Special Purpose
Certificates Issued by ICAI Members – Comprehensive Professional Analysis under
ICAI Guidance Note 20161. Concept, Meaning and Legal CharacterA Special Purpose Certificate is a written
factual confir...
Unsubstantiated Addition Cannot Be Sustained — ITAT Grants Relief to Assessee in Vishwanath vs. ITO | Key Income-tax Case Law
Facts of the
CaseThe assessee, Vishwanath, was subjected to
assessment proceedings in which the Assessing Officer (AO) made additions to
income on the ground that certain transactions or receipts were not
satisfactor...
Addition Deleted Due to Lack of Proper Evidence — ITAT Grants Relief to Assessee in Vinod vs. ITO | Key Income-tax Case Law
Facts of the
CaseThe assessee, Vinod, was subjected to assessment
proceedings in which the Assessing Officer (AO) made additions to income on the
ground that certain receipts or transactions were not satisfactorily ex...
No Addition under Section 68 Without Books of Account — ITAT Holds Bank Statement Is Not Assessee’s Books | ITO vs. Sheetalaya
Facts of the
CaseThe assessee had deposited certain sums in a bank
account during the relevant assessment year but did not maintain regular books
of account. During assessment proceedings, the Assessing Officer (AO) t...