Day: July 23, 2023

Clipped from: https://www.taxscan.in/failure-to-explain-credit-card-payments-with-supporting-documentary-evidence-itat-deletes-partial-addition/302781/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Failure%20to%20explain%20Credit%20Card%20Payments%20with%20Supporting%20Documentary%20Evidence:%20ITAT%20Deletes%20partial%20Addition By Aparna. M – On July 23, 2023 11:30 am – 2 mins read The Income Tax Appellate Tribunal (ITAT) Hyderabad Bench held that the assessee failed to explain the credit

Clipped from: https://www.taxscan.in/issue-of-notice-u-s-1432-of-income-tax-act-is-mandatory-requirement-for-framing-reassessment-order-not-curable-as-per-s-292bb-act-itat/302795/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=Issue%20of%20Notice%20u/s%20143(2)%20of%20Income%20Tax%20Act%20is%20mandatory%20requirement%20for%20framing%20reassessment%20order,%20not%20curable%20as%20per%20S.292BB%20Act:ITAT By Aparna. M – On July 23, 2023 12:30 pm – 2 mins read The Income Tax Appellate Tribunal (ITAT) Delhi Bench ruled that issue of notice under Section 143(2) of

https://taxguru.in/excise-duty/invocation-extended-period-limitation-absence-intention-evade-duty-unsustainable.html Clipped from: https://taxguru.in/excise-duty/invocation-extended-period-limitation-absence-intention-evade-duty-unsustainable.html Pawan Kumar Sharma Vs Commissioner (Meghalaya High Court) Meghalaya High Court held that extended period of limitation as per proviso to section

Clipped from: https://www.taxscan.in/assessment-order-passed-in-violation-of-natural-justice-principle-itat-remands-matter-to-cita/302340/ The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the appeal of an assessee and remanded the matter back to the Commissioner