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Scrutiny Assessment
Madras HC dismisses WP against Revision Order, Stresses Distinction from Scrutiny Assessment Order u/s 143(3) of IT Act; Directs Pursuit of Statutory Appeal [Read Order]
May 12, 2024
Installment Payments for Immovable property Purchase via cheque on different dates: ITAT deletes Addition u/s 56(2)(x) [Read Order]
March 26, 2024
Commissioner ( Appeals ) has the power to enhance an Assessment which was Dealt by Assessing Officer: SC rejects review Petition [Read Order]
February 3, 2024
Proper Scrutiny conducted by AO on Allegations of Under Valuation of Closing Stock: Calcutta HC quashes Decision of CIT [Read Order]
January 30, 2024
No Adjustment of National Interest on Outstanding Receivable to Debt-Free Company: Delhi HC [Read Order]
December 7, 2023
Disclosure of Sale of Agricultural Land in Return of Income during Scrutiny Assessment: Madras HC quashes Reassessment initiated beyond 4 Years [Read Order]
December 4, 2023
Sale and Purchase Transaction in Own account does not Meet Facilitation as Commission Agent: ITAT upholds Determination of Income u/s 44D of Income Tax Act [Read Order]
November 9, 2023
Failure of AO in Presentation of Requisite Materials Proves Successful Discharge of Onus Casted upon Assessee: ITAT deletes Addition [Read Order]
August 24, 2023
No Live Link b/w AIR Information and AO’s Finding that Assessee is Beneficiary of Fraudulent Transactions: ITAT Quashes Re-Assessment Proceedings [Read Order]
July 22, 2023
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