Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Page of 4792
Press 'Enter' after typing page number.
61 to 80 of 95833 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
ITAT affirmed CIT(A)'s order, rejecting revenue's appeal. The tribunal upheld the lower authority's findings on multiple legal issues: (1) assessee qualified for long-term capital gains tax exemption under Section 54F by owning only one residential house at share transfer date, (2) sale proceeds of gifted shares from son were not unexplained cash credit under Section 68, and (3) unsecured loans from family members with proper documentation were not assessable as unexplained income. The tribunal found no merit in revenue's contentions and dismissed the appeal, maintaining the original order that deleted additions made by the Assessing Officer.
ITAT affirmed CIT(A)'s order, rejecting revenue's appeal. The tribunal upheld the lower authority's findings on multiple legal issues: (1) assessee qualified for long-term capital gains tax exemption under Section 54F by owning only one residential house at share transfer date, (2) sale proceeds of gifted shares from son were not unexplained cash credit under Section 68, and (3) unsecured loans from family members with proper documentation were not assessable as unexplained income. The tribunal found no merit in revenue's contentions and dismissed the appeal, maintaining the original order that deleted additions made by the Assessing Officer.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4792
Join Channel
TaxTMI 
