Ex-parte Addition of Cash Deposit made in Bank during Demonetisation Period u/s 69A of I-T Act: ITAT directs Readjudication
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) decided to give opportunity to the assessee to produce all the relevant documents before...
![No addition can be made on Unexplained Credit Amount in the Bank Account of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Unexplained-Credit-Amount-Bank-Account-of-Assessee-ITAT-TAXSCAN.jpg "No addition can be made on Unexplained Credit Amount in the Bank Account of Assessee: ITAT [Read Order]")
![Delhi HC directs to lift block placed on Assessees Bank A/c since Refund was sanctioned by Auditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Delhi-High-Court-Bank-Refund-Auditor-Bank-Account-Taxscan.jpg "Delhi HC directs to lift block placed on Assessees Bank A/c since Refund was sanctioned by Auditor [Read Order]")
Issue of Mismatch in GST Return with Bank Statement: Allahabad HC directs to adjust amount of GST deposited [Read Order]
In the case of an issue of mismatch in GST return with bank statement, the Allahabad High Court (HC)directed to adjust the amount of GST deposited. Vriddhi Infratech India Pvt. Ltd., the...
![Issue of Mismatch in GST Return with Bank Statement: Allahabad HC directs to adjust amount of GST deposited [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Mismatch-in-GST-Return-Bank-Statement-Allahabad-HC-GST-deposited-TAXSCAN.jpg "Issue of Mismatch in GST Return with Bank Statement: Allahabad HC directs to adjust amount of GST deposited [Read Order]")
CA signs Financial Statements not signed by Directors: Disciplinary Committee finds Guilty [Read Order]
The Chartered Accountant (CA) signed the financial statements which were not signed by the directors. The disciplinary committee of Institute of Chartered Accountant of India (ICAI) found guilty of...
![Bank Charges paid for Obtaining Loan is Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Bank-Charges-Loan-Revenue-Expenditure-ITAT-TAXSCAN.jpg "Bank Charges paid for Obtaining Loan is Revenue Expenditure: ITAT [Read Order]")
One Day Delay in Debiting Amount from Bank due to Mistake of Banker: ITAT Waives Off Interest [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ), while waiving off the interest levied by the income tax department for short-levy of TDS, has held that interest cannot be levied for...
![One Day Delay in Debiting Amount from Bank due to Mistake of Banker: ITAT Waives Off Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Debiting-Amount-Bank-Mistake-of-Banker-Banker-ITAT-Interest-taxscan.jpg "One Day Delay in Debiting Amount from Bank due to Mistake of Banker: ITAT Waives Off Interest [Read Order]")
![Bank liable to pay Income Tax on Interest on Sticky Loans/NPAs on Receipt Basis: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bank-Income-Tax-Tax-Interest-Sticky-Loans-Interest-on-Sticky-Loans-Interest-on-NPAs-Himachal-Pradesh-High-Court-taxscan.jpg "Bank liable to pay Income Tax on Interest on Sticky Loans/NPAs on Receipt Basis: Himachal Pradesh HC [Read Order]")
Charge Sanction Form Certified by Chartered Accountant as 'Professional Duty', No Criminal Liability in Bank Fraud Case: Orissa HC [Read Order]
While quashing the criminal proceedings against a Chartered Accountant in a bank fraud case, the Orissa High Court has held that the certification of charge sanction form 17 with the Registrar of...
![Charge Sanction Form Certified by Chartered Accountant as Professional Duty, No Criminal Liability in Bank Fraud Case: Orissa HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Chartered-Accountant-Professional-Duty-Criminal-Liability-Bank-Fraud-Case-Orissa-HC-taxscan.jpg "Charge Sanction Form Certified by Chartered Accountant as Professional Duty, No Criminal Liability in Bank Fraud Case: Orissa HC [Read Order]")