Income Tax :
Mobilization advance offered for Tax by acceptable method is enough
Assessee company in this case is engaged in the business of manufacturing, designing and fabrication
...more
Income Tax :
The notice not received back as unserved is enough to treat served and than non appearance cannot consider
Despite sending notice by the registered post AD sufficiently in advance, assessee did not appear no
...more
Income Tax :
Sending of submission of assessee to AO for remand report is enough to avoid contravention of rule 46A
During the year the assessee company had raised unsecured loans of ` 96,65,438/-, the source of whic
...more
Income Tax :
It is enough to proved the source of investment
The facts as per the relevant orders are that a search was conducted on the assessee on 15.01.2009,
...more
Income Tax :
Payment received through banking channels is enough to find out the source and reason
In this case return of income declaring total income of ` 108107/- was filed on 31.10.1993 after cla
...more
Income Tax :
IT Return, Bank Statement, PAN Card. B/S and P/l account of creditors is enough explain creditors
The brief facts of the above case are that while doing the scrutiny assessment the AO has added an a
...more
Income Tax :
GP rate and NP rate are not related to rate of discount and it is enough to written off the debts as irrecoverable
Whether in the facts and circumstances of the case, the Commissioner of Income tax (Appeals) has err
...more
Income Tax :
After 1st April not necessary to established the debt is irrecoverable and enough to written off
facts, in brief, as per relevant orders are that return declaring nil income, after set off of busin
...more
Income Tax :
Cheque payment is enough to prove payment and deduction for staff welfare si allowed only if made by assessee
The Ld. CIT (A) erred in confirming disallowance of Rs. 47,59,846/- being payment made to the sub-co
...more
Income Tax :
Revised Computation filed at the time of assessment is enough to consider income and expenses again
The grounds of appeal raised by assessee read as under :-
“1. For that the order of assessment as
...more
Income Tax :
P & L Account, Balance Sheet, IT Return Bank Statement and Confirmation from lender is enough to disclose the details of unsecured loan
This appeal by assessee is arising out of order of CIT(A), Durgapur in Appeal No.75 / CIT(A)/DGP/200
...more
|