Judgement

The HC dismissed a tax appeal and upheld a Rs. 1.42 lakh addition after finding no substantial question of law in a case involving unexplained cash discovered during a search.

Inconsistent Claims on Seized Cash Lead to Dismissal of Tax Appeal; HC Upholds Rs. 1.42 Lakh Addition

The ITAT upheld a Rs. 6.29 lakh penalty under Section 270A for falsely claiming ineligible deductions and excess HRA, denying Section 270AA immunity due to failure to file a timely application.

ITAT Upholds Penalty for False Deductions and Excess HRA, Political Donation Claim; Denies Section 270AA Immunity

High Court directs issuance of NIL TDS certificate to British Airways for airline operations under Article 8 of the India-UK DTAA

HC Sets Aside 0.1% TDS for British Airways; Orders NIL Certificate Under Section 197

The ITAT ruled that an assessment framed without issuing notice under section 143(2) of the Income Tax Act is invalid and bad in the eyes of the law.

Assessment Framed Without Issuance of Notice Under Section 143(2) is Invalid: ITAT

ITAT partly allowed the Revenue’s appeal against the assessee, upholding the Rs. 10.44 lakh cash-gift addition while deleting the other additions.

Cash Gift on Marriage Anniversary Backfires: ITAT Confirms Tax Addition

The ITAT examined the case and observed that the assessee had provided all the required documentary evidence, which clearly showed the movement of goods.

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Inconsistent Claims on Seized Cash Lead to Dismissal of Tax Appeal; HC Upholds Rs. 1.42 Lakh Addition

ITAT Upholds Penalty for False Deductions and Excess HRA, Political Donation Claim; Denies Section 270AA Immunity

HC Sets Aside 0.1% TDS for British Airways; Orders NIL Certificate Under Section 197

Assessment Framed Without Issuance of Notice Under Section 143(2) is Invalid: ITAT

Cash Gift on Marriage Anniversary Backfires: ITAT Confirms Tax Addition

Purchases Cannot Be Held Bogus if Assesse Files all Documentary Evidences: ITAT