Profit

AO direct to produce Profit and Loss Account to show source of Expenditure recorded in Gross Receipt - ITAT deletes Penalty - TAXSCAN
AO cannot direct to produce Profit and Loss Account to show source of Expenditure not recorded in Gross Receipt u/s 44AD: ITAT deletes Penalty [Read Order]
October 24, 2023
ITAT directs to compute addition towards - Profit on Sale of Gold by assessee found during Search and Seizure - TAXSCAN
ITAT directs to compute addition towards 2% of Profit on Sale of Gold by assessee found during Search and Seizure [Read Order]
September 3, 2023
Provision of Gratuity - deduction of Actual Gratuity charged to Profit in P - L Account - disallowance - ITAT directs AO for fresh Consideration - TAXSCAN
Provision of Gratuity after deduction of Actual Gratuity charged to Profit in P/L Account doesn’t attract disallowance u/s 37: ITAT directs AO for fresh Consideration [Read Order]
September 1, 2023
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