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returned income

Inability - Produce parties of Bogus Purchases - Requesting - Returned Income - ITAT - restricted - TAXSCAN
Inability to Produce parties of Bogus Purchases and Requesting AO for Additions to Returned Income: ITAT restricted Addition from 12.5% to 6% [Read Order]
October 16, 2023
Assessment- order - erroneous-cash-deposit - reassessment- proceeding-ITAT - grounds - lack - jurisdiction -taxscan
Assessment order not to be termed erroneous if no addition in respect of cash deposit was made in reassessment proceeding: ITAT deletes addition on grounds of lack of jurisdiction u/s 263 [Read Order]
September 16, 2023
Variation in Returned Income and Assessable Income - Returned Income - Assessable Income - Income Tax - ITAT - Taxscan
No Variation in Returned Income and Assessable Income: Penalty u/s 271(1)(c) of Income Tax Act Not Leviable, rules ITAT [Read Order]
July 18, 2023
Appeal - Returned Income - Notices - ITAT - taxscan
Right to Appeal against Addition or Disallowance to Returned Income not Vitiated by Non-Compliance to Notices: ITAT [Read Order]
October 24, 2022
Returned Income - AO - ITAT - Revisional Order - taxscan
Acceptance of Returned Income by AO after Proper Inquiry: ITAT quashes Revisional Order [Read Order]
September 30, 2022
Original Assessment - Erroneous - Prejudicial - Revenue - ITAT - Revisional Proceedings - Taxscan
Original Assessment was neither Erroneous nor Prejudicial to the Revenue: ITAT quashes Revisional Proceedings [Read Order]
May 24, 2022
ITAT - Advance Tax Installments - Interest - ITAT Mumbai - Taxscan
Interest on Delay in Advance Tax Installments shall be charged only on the Returned Income, Not on Assessed Income: ITAT [Read Order]
January 26, 2022
Section 234C - Interest leviable - advance tax installment - returned income - assessed income - ITAT - Taxscan
Interest leviable on Default in Payment of Advance Tax installment on Returned Income, not on Assessed Income: ITAT [Read Order]
June 11, 2021
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