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No Addition Is Permitted U/s 68 Without Linking Alleged Entries Of Cash With That Of Material Seized During Course Of Search: Mumbai ITAT

No Addition Is Permitted U/s 68 Without Linking Alleged Entries Of Cash With That Of Material Seized During Course Of Search: Mumbai ITAT
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Nilesh bharaniSubodh ratnaparkhiIncome taxAnikesh banerjeeJudicial memberAccountant memberCoordinate bench

Equal Amount Of Investment In Equity Of Other Entity Was Made Against Credits In Form Of Share Capital & Premium: Kolkata ITAT Justifies Addition U/s 68

Equal Amount Of Investment In Equity Of Other Entity Was Made Against Credits In Form Of Share Capital & Premium: Kolkata ITAT Justifies Addition U/s 68
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Tax actAnikesh banerjeeJudicial memberManish boradAccountant member

Income Tax Addition Can t Be Deleted For Sole Reason Of Erroneously Mentioning Section: ITAT

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the addition cannot be deleted for the sole reason that the section under which the addition is made is mentioned erroneously and.

Kinjal bhutaMumbai benchIncome tax appellate tribunalAnikesh banerjeeJudicial memberAccountant memberAssessing officerIncome taxFor appellantIncome tax

Income From The Sale Of RECs Is Capital In Nature, Is Not Subject To Taxation: ITAT

The Amritsar Bench of the Income Tax Appellate Tribunal (ITAT) has held that the income from the sale of Renewable Energy Certificates (RECs) is classified as capital in nature and is not subject to.

Renewable energy certificates recsSatia industries ltdAmritsar benchIncome tax appellate tribunalRenewable energy certificatesAnikesh banerjeeJudicial memberAccountant memberIncome tax actSatia industriesCapital nature

Amount Declared As Turnover Can t Be Concealed Income: ITAT

The Amritsar Bench of the Income Tax Appellate Tribunal (ITAT) has held that once the amount is declared as turn-over, it cannot be called concealed income and be taxed twice on the same amount.The.

Dhab wasti ramAnikesh banerjeeRadhika sales corporationAmritsar benchIncome tax appellate tribunalRaj kumar versus