The Income Tax Appellate Tribunal (ITAT), Amritsar Bench, has recently, in two appeals filed before it by the assessee, held that no addition can be made on account of the amount against bearer cheque having

The Income Tax Appellate Tribunal ( ITAT ), Amritsar Bench, has recently, in an appeal filed before it, held that addition of sundry debtors/advance to growers cannot be made under section 68 of Income Tax

The Income Tax Appellate Tribunal (ITAT), Amritsar Bench, has recently, in an appeal filed before it, held that no addition can be made under Section 68 of the Income Tax Act, for turnover already reflected

The Income Tax Appellate Tribunal (ITAT), Amritsar, has recently, in an appeal filed before it, while allowing TDS credit, held that the assessee cannot suffer due to the delay on part of the deductor in

The Income Tax Appellate Tribunal (ITAT), Amritsar Bench, has recently, in an appeal filed before it, held thatdelay in seeking permission from head office is “reasonable cause” for delay in filing appeal.  The aforesaid observation

The Income Tax Appellate Tribunal (ITAT) Amritsar Bench, has recently, in an appeal filed before it, while deleting the addition u/s 68 of the income tax act, held that agriculturalist need not maintain books of

The Amritsar bench of the Income Tax Appellate Tribunal (ITAT) ruled that 60% Depreciation is not allowable on iPad as it is not a PC. The assessee, M/s Kohinoor Indian raised the issue of whether

The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) deleted the additions made for alleged bogus purchase bills and said that the Assessing Officer applied his mind to the information received from the Investigating Wing.

The Amritsar Bench of Income Tax Appellate Tribunal ( ITAT ) has held a mere mistake in declaring fund transfer between proprietorship business and proprietor would not warrant addition. During the assessment the accountant of

"The D R is unique in that he has both powers and duties that other lawyers do not. This does not mean he is any better or worse than other lawyers, but it does result

In relief to State Bank of Patiala, the Amritsar Bench of Income Tax Appellate Tribunal (ITAT) held that there is no fault of assessee for non-deduction of TDS once certificate has been issued by the

While hearing the case between Deputy Commissioner of Income Tax and Subhash Gandhi, Amritsar bench of Income Tax Appellate Tribunal ( ITAT ) held that the Commissioner of Income Tax (Appeals) has no power to

The Amritsar bench of Income Tax Appellate Tribunal (ITAT) has held that disallowance of expense is not sustainable when the non-availability of expense vouchers happened due to a flood. The assessee is a partnership firm

In a significant case, the Amritsar bench of the Income Tax Appellate Tribunal (ITAT) ex parte order passed under section 250 of the Income Tax Act, 1961 without providing a reasonable opportunity Late Sh. Ashok

The Income Tax Appellate Tribunal ( ITAT ), Amritsar bench recently held that an unregistered Agreement to Sell (ATS) cannot be treated as a sham document as the same is witnessed and signed persons. In