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Understanding GST Turnover Limits: Why Bank Credits Are Not Sales
Discover why bank credits alone cannot establish suppressed GST turnover without concrete proof of taxable supply, invoices, and movement of goods.
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ITAT Delhi Quashes Section 263 Revision on Incorrect Balance Sheet Assessment
ITAT Delhi sets aside a Section 263 revision order, ruling that the assessing officer adequately examined demonetisation cash deposits.
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ITAT Delhi Rules CIT(A) Must Decide Jurisdictional Grounds Before Remand
Delhi ITAT rules that the CIT(A) cannot remand an income tax assessment without first addressing jurisdictional grounds and providing clear reasons.
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Delhi High Court Rules Section 148 Notice on Previously Assessed Income Illegal
Delhi High Court declares Section 148 income tax notices for previously assessed transactions void and issued without legal jurisdiction.
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Section 14A Disallowance: ITAT Mumbai Rules Taxpayer Cannot Be Bound By Excess Suo Motu Calculation
Discover the ITAT Mumbai ruling on Section 14A disallowance, stating that taxpayers are not bound by an excess suo motu disallowance in their return.
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ITAT Mumbai Rules Bank Passbook Alone Cannot Sustain Section 68 Cash Credit Additions
Discover how the Mumbai ITAT deleted a substantial tax addition, ruling that bank passbook entries alone cannot justify Section 68 or 69A additions.
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ITAT Dehradun Quashes Tax Assessment After Firm Conversion to Company
ITAT Dehradun sets aside a tax assessment issued after a partnership firm converted into a company, dismissing the Revenue appeal.
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Challenging Fresh Tax Assessments After CIT(A) Directions at the ITAT
Learn about the ITAT ruling regarding whether taxpayers can directly appeal a fresh tax assessment issued after CIT(A) directions to the Tribunal.
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ITAT Mumbai Rules Section 143(3) Assessment Using Search Material Invalid
ITAT Mumbai rules section 143(3) assessments using search material legally unsustainable due to bypassed reassessment procedures and missing approvals.
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ITAT Chandigarh Rules Assessment Issues Do Not Justify 12AB Registration Cancellation
Learn how ITAT Chandigarh protected trust registration under Section 12AB, ruling that assessment issues alone cannot justify cancellation.