![Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Cash-Deposits-Sale-Proceeds-ITAT-Deletion-Income-Tax-Additions-taxscan.jpg "Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]")
Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam in a recent matter directed the Assessing Officer (AO) to delete additions made under...
Kerala HC quashes Reopening of Assessment u/s 147 IT Act based on Deposits made in Bank Accounts of Third Parties [Read Order]
In a recent decision, a Division bench of the Kerala High Court held that, no proceedings under Section 148 of the Income Tax Act could be continued against the petitioner for deposits of amounts in...
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]")