Depreciation to be allowed even when asset is acquired as a Gift: ITAT Mangesh Krishnath Ekbote Vs. DCIT (Order pronounced in the Open Court...
Read MorePenalty cannot survive with respect to additions which have been deleted: ITAT In this case ITAT noted that the addition on the basis of whi...
Read MoreITAT deletes addition made u/s 68 where the source of fund is not doubted by the Assessing Officer The brief facts of the case is that the a...
Read MoreITAT allows payment of administrative service charges to TACO The issue in this case is against the deletion of addition of Rs.2,64,61,769/-...
Read MoreITAT allows expenditure of bonus to employees if paid before due date for filing of return The brief facts of the case is that the assessee ...
Read MoreAssessing Officer/ Department cannot challenge remand report & order of CIT(A) based on it: ITAT Relevant Text 3. The learned DR has sub...
Read MoreUndisclosed Income: ITAT restricts addition to average Net Profit The assessee firm is engaged in the business of Civil Contract. The assess...
Read MoreEligible for Approval u/s 80G if 12AA registration is granted and continues: ITAT Dignity Education Society v/s. Commissioner of Income-tax ...
Read MoreEntire credit in bank accounts cannot be treated as turnover in case of Inter transfers in bank accounts: ITAT 8. The Assessing Officer has ...
Read MoreWhen Primary Onus is Discharged by submitting documents Dept to Prove that Money Belongs to Assessee: ITAT Shri Mahesh Kumar Duhlani V/s. De...
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