Read all Latest Updates on and about Incriminating Material

Begin typing your search above and press return to search.

Home
»
Incriminating Material

‘Base Note’ from French Govt. is Not Incriminating Material for Income Tax Addition u/s 153A: Bombay HC [Read Order]

The Bombay High Court recently clarified that a “base note” received from the French Government under international information exchange...

DGGI Delhi Cracks Down on 229 Bogus Firms Passing Fake GST ITC of ₹645 Cr, One Arrested

No Incriminating Material: ITAT Quashes Search Assessments over Mechanical 153D Approval, Deletes...

Search-Based Addition u/s 153A Unsustainable without Incriminating Material for Completed...

Recovery of 80 Litre Illicit Country made Liquor from Scooter: Patna HC Grants Anticipatory Bail for...

Bogus LTCG Addition without Incriminating Material in Search Assessment Invalid: ITAT Grants Relief u/s 10(38) [Read Order]

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs. 94,59,870 treated as bogus long-term capital gain (LTCG) and ruled that such addition was unsustainable in...

No Addition u/s 153A for Completed Assessments without Incriminating Material Found During Search: ITAT [Read Order]

The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) held that additions under Section 153A of the Income Tax Act, 1961 cannot be made in respect of completed assessments unless incriminating...

Proceedings u/s 153C of Income Tax Act cannot be Initiated in Absence of Incriminating Material: Delhi HC [Read Order]

The Delhi High Court, ruled that proceedings under Section 153C of the Income Tax Act,1961,could not be initiated in the absence of incriminating material. R.C. Jewellers...

Presence of Incriminating Material on Record: ITAT Upholds Income Tax Proceedings U/s 153A [Read Order]

The New Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has upheld the initiation of income tax proceedings u/s 153A of the Income Tax Act, 1961 in view of presence of incriminating...

ITAT Deletes Penalty u/s 271D: Penalty Held Invalid as Section 153C Assessment Quashed due to Lack of Incriminating Material [Read Order]

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) set aside a penalty of ₹3,50,000 imposed under Section 271D of the Income Tax Act. The Deputy Commissioner of Income Tax (DCIT) initially...

Section 153C Assessment Quashed: ITAT Holds Search-Based Additions Invalid Without Incriminating Material [Read Order]

Delhi Bench of Income Tax Appellate Tribunal (ITAT), quashed the assessment orders for the Assessment Years (AYs) 2011-12 to 2016-17 due to Jurisdictional issues as well as held that the search...

Absence of Incriminating Material: ITAT rules out Addition on Completed Assessment [Read Order]

The Jaipur Bench of Income Tax Appellate Tribunal ( ITAT ) ruled out additions on completed assessments due to the absence of incriminating material. The tribunal noted that the Assessing Officer...