Balappa Hanamantappa Nandeppanavar Vs ITO (ITAT Bangalore) ITAT Bangalore held that dismissal of appeal by CIT(A) merely because the same was filed belatedly not justified as CIT(A) failed to grant…
Sarojben Lalitbhai Vadhani Vs ITO (TAT Ahmedabad) ITAT Ahmedabad restored the matter back to the file of CIT(A) after imposing cost of Rs. 5,000 on the assessee for negligence in…
Many times common man don’t know the repercussions of misreporting of income and or tax under the Income Tax Act, 1961. Our minds are still running in the era of…
This article provides an analysis of notable tax rulings from the Kolkata Income Tax Appellate Tribunal (ITAT) covering key issues such as disallowance of short-term capital losses under Section 50C,…
Ajay Enterprises Pvt Ltd Vs DCIT (ITAT Delhi) ITAT Delhi on account of applicability of TDS provisions on unfinished work it is held that once assessee claims, while following percentage…
