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![No Cognitive Evidence which proves change in Stock Valuation method: ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/cognitive-evidence-stock-valuation-method-ITAT-CITA.jpg "No Cognitive Evidence which proves change in Stock Valuation method: ITAT upholds Order of CIT(A) [Read Order]")
No Cognitive Evidence which proves change in Stock Valuation method: ITAT upholds Order of CIT(A) [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench has upheld the order of CIT(A) which deletes the addition, as there was no cognitive evidence...
Searches conducted by the Income Tax Departments lead to detection of unaccounted income of more than Rs. 2000 cr
The Income Tax Departments carried out Search and Seizure action on 6th February 2020 at Hyderabad, Vijaywada, Cuddapah, Vishakhapatnam, Delhi, and Pune. More than 40 premises were covered. The...
Tax Audits under Presumptive Tax Scheme to be excluded for reckoning “Specified number of Tax Audit Assignments”: ICAI [Read Announcement]
The Institute of Chartered Accountants of India ( ICAI ), in an announcement, informed that the tax audits conducted under the presumptive tax scheme under the provisions of sections 44AD, 44ADA and...
![Tax Audits under Presumptive Tax Scheme to be excluded for reckoning “Specified number of Tax Audit Assignments”: ICAI [Read Announcement]](https://www.taxscan.in/wp-content/uploads/2018/08/Tax-Audits-Taxscan.jpg "Tax Audits under Presumptive Tax Scheme to be excluded for reckoning “Specified number of Tax Audit Assignments”: ICAI [Read Announcement]")
