![Onus to Prove Genuineness of Transaction of Sale of Share not being Bogus not Discharged by Mere Filing of Documentary Evidence: ITAT Confirms Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Onus-Prove-Genuiness-Transaction-Sale-Share-Bogus-Documentary-Evidence-ITAT-Income-tax-taxscan.jpg "Onus to Prove Genuineness of Transaction of Sale of Share not being Bogus not Discharged by Mere Filing of Documentary Evidence: ITAT Confirms Income Tax Addition [Read Order]")
Onus to Prove Genuineness of Transaction of Sale of Share not being Bogus not Discharged by Mere Filing of Documentary Evidence: ITAT Confirms Income Tax Addition [Read Order]
The Ahemdabad bench of Income Tax Appellate Tribunal (ITAT) held that the onus on the assessee of proving the genuineness of long term capital gains...
![Disallowance made by AO due to Non-Submission of Business Vouchers: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Disallowance-made-by-AO-due-to-Non-Submission-of-Business-Vouchers-Disallowance-made-by-AO-Disallowance-AO-Business-Vouchers-ITAT-ITAT-Directs-Re-adjudication-Taxscan.jpg "Disallowance made by AO due to Non-Submission of Business Vouchers: ITAT Directs Re-adjudication [Read Order]")
![ITAT Deletes Addition on Disallowance of Subcontract Expenses on Ground of Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Addition-on-Disallowance-of-Subcontract-Expenses-Lack-of-Evidence-ITAT-Deletes-Addition-Addition-on-Disallowance-of-Subcontract-Expenses-Subcontract-Expenses-taxscan.jpg "ITAT Deletes Addition on Disallowance of Subcontract Expenses on Ground of Lack of Evidence [Read Order]")
![No Addition Based on Evidence not Confronted to Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/addition-evidence-ITAT-confront-assessee-taxscan.jpg "No Addition Based on Evidence not Confronted to Assessee: ITAT [Read Order]")
No Evidence by Dept to Prove Classification of CAT Cables under General Entry of RVAT Act: Rajasthan HC quashes Tax Board Order [Read Order]
The Rajasthan High Court quashed the tax board order since the department failed to provide the classification of CAT cables under the General Entry of the Rajasthan Value Added Tax Act, 2003. M/s...
![No Evidence by Dept to Prove Classification of CAT Cables under General Entry of RVAT Act: Rajasthan HC quashes Tax Board Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Evidence-Classification-of-CAT-Cables-CAT-Cables-General-Entry-of-RVAT-Act-RVAT-Act-General-Entry-Rajasthan-HC-quashes-Tax-Board-Order-Rajasthan-HC-taxscan.jpg "No Evidence by Dept to Prove Classification of CAT Cables under General Entry of RVAT Act: Rajasthan HC quashes Tax Board Order [Read Order]")
Emails of Supplier not an Authentic Evidence to Prove the Contention of Wrong Supply by Importer: CESTAT [Read Order]
The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the emails of the supplier not authentic evidence to prove the contention of wrong supply by the...
![Emails of Supplier not an Authentic Evidence to Prove the Contention of Wrong Supply by Importer: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Emails-of-Supplier-not-an-Authentic-Evidence-to-Prove-the-Contention-of-Wrong-Supply-by-Importer-CESTAT-TAXSCAN.jpg "Emails of Supplier not an Authentic Evidence to Prove the Contention of Wrong Supply by Importer: CESTAT [Read Order]")
No evidence proves Unjust enrichment, Refund of Excess Paid Duty must be Credit to Consumer Welfare Fund: CESTAT [Read Order]
The Hyderabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT)has held that refund of excess paid duty must be credited to the consumer welfare fund in the absence of...
![No evidence proves Unjust enrichment, Refund of Excess Paid Duty must be Credit to Consumer Welfare Fund: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-evidence-proves-Unjust-enrichment-Refund-of-Excess-Paid-Duty-must-be-Credit-to-Consumer-Welfare-Fund-CESTAT-TAXSCAN.jpg "No evidence proves Unjust enrichment, Refund of Excess Paid Duty must be Credit to Consumer Welfare Fund: CESTAT [Read Order]")
Failure to Produce Evidence as to Astronomical Agricultural Income: ITAT upholds Estimation of Income by AO as Other Source [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has upheld the estimation of Income by the Assessing Officer as income from other sources as the assessee had failed to produce the...
![Failure to Produce Evidence as to Astronomical Agricultural Income: ITAT upholds Estimation of Income by AO as Other Source [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Evidence-Astronomical-Agricultural-Income-Agricultural-Income-Income-ITAT-upholds-Estimation-of-Income-ITAT-Estimation-of-Income-Other-Source-Taxscan.jpg "Failure to Produce Evidence as to Astronomical Agricultural Income: ITAT upholds Estimation of Income by AO as Other Source [Read Order]")
Addition of loan Amount as Outstanding Balance without Proper Evidence and Documents: ITAT directs AO to Re-adjudicate [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has directed the Assessing Officer to re-adjudicate the case regarding the addition of a loan amount as an outstanding balance. The...
![Addition of loan Amount as Outstanding Balance without Proper Evidence and Documents: ITAT directs AO to Re-adjudicate [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/loan-Amount-as-Outstanding-Balance-Proper-Evidence-Documents-ITAT-Re-adjudicate-Addition-of-loan-Amount-taxscan.jpg "Addition of loan Amount as Outstanding Balance without Proper Evidence and Documents: ITAT directs AO to Re-adjudicate [Read Order]")
Claim of Return of Stock from CD Without any Solid Documentary Evidence is invalid: NCLAT [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that the claim return of stock from the Corporate Debtor (CD) without any solid documentary evidence is invalid. ...
