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section 132(4) of the Income Tax Act
Assessee’s Admission not a valid Ground for Income Tax Addition: Rajasthan HC [Read Order]
September 17, 2024
Taxpayer Liable for Interest u/s 234B due to Delayed Advance Tax Payment, Despite Seeking Adjustment of Seized Cash against Tax Liability: Chandigarh HC [Read Order]
September 7, 2024
No Interference required on Acceptance of Explanation for Unexplained Cash Deposits as Gifts: Karnataka HC [Read Order]
August 13, 2024
ITAT deletes Penalty u/s 271AAA of Income Tax Act Due to Lack of Opportunity to Explain Undisclosed Income Source During Search Proceedings [Read Order]
October 8, 2023
Availment of Fictitious Loan of Rs 40 lakhs: Delhi HC directs AO to furnish Relevant Material to Support Allegation [Read Order]
September 30, 2023
Failure of AO to provide Sufficient Time for required details Prevents Verification at the Time of Assessment: ITAT directs Readjudication [Read Order]
August 20, 2023
Additional Income cannot be Treated as Unexplained Expenditure to Invoke Section 115BBE of Income Tax Act: ITAT [Read Order]
June 22, 2023
Addition on Bogus Capital Expense based on Statement u/s 132(4) is not valid When Assessee has rebutted by Furnishing Evidence: ITAT [Read Order]
March 3, 2023
Status and Traditional Practices shall be Considered during Addition of Unexplained Jewellery: ITAT Allows Further Benefit of 600 Grams of Jewellery to NRI woman [Read Order]
February 20, 2023
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