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ITAT Jaipur Deletes Tax Addition for Income Declared Under Section 44AD
Learn how ITAT Jaipur deleted a tax addition of Rs 4.53 lakh when income was declared presumptively under Section 44AD.
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Bombay High Court Rules Bogus Purchases Insufficient for Section 69C Additions
The Bombay High Court has delivered a significant ruling concerning Indian tax law, holding that the mere identification of bogus purchases does not automatically justify additions under Section 69C of…
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ITAT Mumbai Deletes ₹1.71 Crore Section 68 Addition on Advance Received & Refunded Through Banking Channels
Discover how ITAT Mumbai cleared a 1.71 crore tax addition under Section 68 by proving the transparency of advances refunded via banking channels.