ITAT Restores Appeal After Improper 249(4) Dismissal: CIT(A) Must Re-Examine Bogus Loan Addition Based on Third Party Statements [Read Order]
The ITAT ruled the CIT(A) wrongly dismissed the appeal and ordered fresh review of the Section 68 addition based only on third-party statements. ...
![Clandestine Removal cannot be established on the basis of Third Party’s Records: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Clandestine-Removal-Established-Third-Partys-Records-CESTAT-Taxscan.jpeg "Clandestine Removal cannot be established on the basis of Third Party’s Records: CESTAT [Read Order]")
![GST payable on Electricity Charges and Water Charges as per meter reading and collected from Recipients at Actual on Reimbursement basis: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/GST-Payable-Electricity-Charges-Water-Charges-Meter-Reading-Recipients-AAR-Taxscan.jpg "GST payable on Electricity Charges and Water Charges as per meter reading and collected from Recipients at Actual on Reimbursement basis: AAR [Read Order]")
AO shall Conduct Independent Investigation without relying on Third Party Statements and Facts: ITAT upholds Deletion of Additions u/s 68 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, while upholding the deletion of additions made under Section 68, held that the A.O shall conduct...
![AO shall Conduct Independent Investigation without relying on Third Party Statements and Facts: ITAT upholds Deletion of Additions u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-AO-Third-Party-Commissioner-of-Income-Tax-taxscan.jpg "AO shall Conduct Independent Investigation without relying on Third Party Statements and Facts: ITAT upholds Deletion of Additions u/s 68 [Read Order]")
Borrower or Third Party need not be Informed While Adjudicating Application preferred by the Secured Creditor under SARFAESI Act: Rajasthan HC [Read Judgment]
While hearing the case of Anil Kumar Sotwal, Rajasthan High Court recently held that there is no need to give notice to the borrower or third party while adjudicating the application preferred by the...
Materials used in Third Party Premises cannot be used against the assessee in section 153A assessments: ITAT [Read Order]
The Income Tax Appellate Tribunal recently ruled that Materials used in third party premises cannot be used against the assessee in section 153A of the Income Tax Act assessments. The tribunal bench...
![Materials used in Third Party Premises cannot be used against the assessee in section 153A assessments: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Materials used in Third Party Premises cannot be used against the assessee in section 153A assessments: ITAT [Read Order]")