Begin typing your search above and press return to search.
![Revenue not Justified in Addition made based on Rough Noting on Loose Sheets: ITAT quashes S.40 Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-ITAT-Quashes-Income-Tax-Section-40A3-the-Income-Tax-Act-Loose-Sheets-taxscan.jpg "Revenue not Justified in Addition made based on Rough Noting on Loose Sheets: ITAT quashes S.40 Income Tax Addition [Read Order]")
"Revenue not Justified in Addition made based on Rough Noting on Loose Sheets": ITAT quashes S.40 Income Tax Addition [Read Order]
In a recent decision, the Income Tax Appellate Tribunal ( ITAT ) of Bangalore quashed an addition made under Section 40A(3) the Income Tax Act, 1961...
![Cash Payments made to Wholesale dealers cannot be disallowed if the same was due to Business Exigencies: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Cash Payments made to Wholesale dealers cannot be disallowed if the same was due to Business Exigencies: ITAT Mumbai [Read Order]")