Mukul guptaJun 3, 20222 minNo Scope for Extrapolate and Estimate Undisclosed Income for Block Assessment Proceedings: ITATThe Chennai bench of Income Tax Appellate Tribunal has held that no scope for extrapolate and estimate undisclosed income for block...
Piyush SinglaMay 30, 20222 minExcess Share of Profit claimed can’t be treated as ‘Income from Other Sources’: ITATThe Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that excess share of profit claimed can’t be treated as ‘Income from...
Piyush SinglaMay 30, 20222 minAmendment on Sec.36(1)(va) has a Prospective Effect: ITAT quashes Order of DisallowanceThe Raipur bench of the Income Tax Appellate Tribunal ( ITAT ) has held that amendment on Section 36(1)(va) of the Income Tax Act has a...
Piyush SinglaMay 30, 20222 minIncome Tax: Currency Derivative can be treated as an Eligible Transaction u/s 43 (5), rules ITATReThe Delhi bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri Saktijit Dey, JM & Shri Pradip Kumar Kedia, AM has held that...