Freezing of Bank Accounts on Intimation from Police Authorities: Kerala HC directs Freezing to extent of Amounts mentioned in Order [Read Order]
The Kerala High Court directed the freezing to extend of amounts mentioned in the matter relating to the freezing of bank accounts on intimation from...
Karuvannur Co-op Bank Fraud Case: ED provisionally attaches more Assets to total ₹87.75 Cr in Attachments
The Enforcement Directorate (ED) has provisionally attached assets valued at Rs. 57.75 Crore owned by various individuals under the Prevention of Money Laundering Act (PMLA), 2002. This action is...
Disallowance u/s 40A(3) of Income Tax Act on Purchase of Meat due to Failure of Assessee to Prove Identity of Suppliers and Genuiness of Purchase in Cash: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that in absence of any evidence in support of identity and genuineness of the appellant benefit of Section 6DD(f) of the Income Tax Rules...
![Disallowance u/s 40A(3) of Income Tax Act on Purchase of Meat due to Failure of Assessee to Prove Identity of Suppliers and Genuiness of Purchase in Cash: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Disallowance-Income-Tax-Act-Purchase-Meat-Failure-Assessee-Prove-Identity-Suppliers-Genuiness-Purchase-Cash-ITAT-TAXSCAN.jpg "Disallowance u/s 40A(3) of Income Tax Act on Purchase of Meat due to Failure of Assessee to Prove Identity of Suppliers and Genuiness of Purchase in Cash: ITAT [Read Order]")
Madras HC Dismisses Writ Petition on Lifting of Attachment of Immovable Property by Sub Registrar [Read Order]
A Single Bench of the Madras High Court dismissed a writ petition on lifting of attachment of immovable property by the Sub Registrar. The petitioner in the present matter is Rudraveni Manoharan....
![Madras HC Dismisses Writ Petition on Lifting of Attachment of Immovable Property by Sub Registrar [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Madras-High-Court-Madras-High-Court-Dismisses-Writ-Petition-Lifting-of-Attachment-of-Immovable-Property-by-Sub-Registrar-Immovable-Property-Sub-Registrar-Taxscan.jpg "Madras HC Dismisses Writ Petition on Lifting of Attachment of Immovable Property by Sub Registrar [Read Order]")
No Satisfactory Explanation Regarding Huge Fixed Assets and Cash: Patna HC Rejects Bail of Bihar Property Dealer in PMLA Case [Read Order]
The Patna High Court rejected bail of a Bihar property dealer accused of the Prevention of Money Laundering Act, 2002 (PMLA) case as no satisfactory explanation was given regarding the huge fixed...
![No Satisfactory Explanation Regarding Huge Fixed Assets and Cash: Patna HC Rejects Bail of Bihar Property Dealer in PMLA Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Huge-Fixed-Assets-Cash-Patna-HC-Bail-Bihar-Property-Dealer-PMLA-Case-TAXSCAN.jpg "No Satisfactory Explanation Regarding Huge Fixed Assets and Cash: Patna HC Rejects Bail of Bihar Property Dealer in PMLA Case [Read Order]")
Cash Deposited in Bank Accounts during Demonetization Period reflected in Books of Account of Company: ITAT deletes Addition [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), while deleting the addition made by the Assessing officer (AO), determined that the cash deposited in bank accounts during the...
![Cash Deposited in Bank Accounts during Demonetization Period reflected in Books of Account of Company: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Cash-Deposited-Bank-Accounts-Demonetization-Period-Demonetization-Books-of-Account-of-Company-Books-of-Account-ITAT-deletes-Addition-ITAT-Addition-taxscan.jpg "Cash Deposited in Bank Accounts during Demonetization Period reflected in Books of Account of Company: ITAT deletes Addition [Read Order]")