Read all Latest Updates on and about Judicial Member Sanjay Garg

Top

Begin typing your search above and press return to search.

Home
»
Judicial Member Sanjay...

Income Tax Deduction Claim u/s 80IA cannot be denied for Vague and Ambiguous Reasons: ITAT [Read Order]

Gayathri C.H

The Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench, has recently, in an appeal filed before it, held that income tax deduction claim u/s 80IA...

Interest paid on Delayed Deposit of Income Tax/TDS Not Allowable as Expenditure: ITAT [Read Order]

S. 40A(3) of Income Tax Act cannot be Invoked When No Single Transaction Exceeds Rs. 20,000: ITAT

Protective Addition made to Save Interest of Revenue not permissible, Assessment can't be reopened...

Relief to Doloo Tea Company: ITAT deletes Income Tax Addition made by Taxing Sale of Tea bushes and...

Treating Share Subscription by One Party as Unexplained Cash Credit: ITAT deletes Income Tax Addition [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench consisting of Sanjay Garg, Judicial Member and Dr. Manish Borad, Accountant Member deleted addition as there was treating share subscription...

ITAT remands back matter to consider pending DVO Report to calculate income from Sale of Land [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Kolkata Bench remanded back matter to consider pending District Valuation Officer (DVO) Report to calculate income from sale of land. The assessee, M/s....

Interest expenses u/s 36(1)(iii) not allowable for Utilization of Funds for Investment in Shares of Subsidiary Company: ITAT [Read Order]

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT), held that Interest expenses under Section 36(1)(iii) of the Income Tax Act, 1961 not allowable for utilization of funds for investment...

Income Tax Addition u/s 68 not permissible When Assessee furnished all evidences proving identity and creditworthiness of the Investors: ITAT upholds order of CIT(A)

Income Tax Addition u/s 68 of the Income Tax Act,1961 is not permissible when the assessee furnished all evidence proving the identity and creditworthiness of the investors, the Kolkata Bench of the...

Details and Evidence to prove Identity & Creditworthiness of Share Subscribers submitted, Addition u/s 68 not permissible: ITAT [Read Order]

Details and evidence to prove the identity & creditworthiness of share subscribers were submitted by the assessee, the Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) held that the...

No Evidence of Tax Evasion by showing Fictitious or False Transactions: ITAT deletes Addition of Expenditure u/s 40A(3) [Read Order]

The Income Tax Appellate Tribunal (ITAT), Patna Bench has held that no evidence of tax evasion by showing fictitious or false transactions and deleted the addition of expenditure under section...

Relief to Tata Medical Centre Trust: Revision Order without mentioning DIN is Void Ab-Initio, rules ITAT [Read Order]

The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has held that a revision order passed under section 263 of the Income Tax Act, 1961 without mentioning the DIN number is invalid and...

Prev Page Next Page