PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Page of 4826
Press 'Enter' after typing page number.
1 to 20 of 96510 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
ITAT dismissed both appeals and affirmed the appellate order: the AO's addition under s.69B relating to the cost of cold storage structure was set aside because the CIT(A) properly accepted the DVO's revised valuation report after the DVO considered the assessee's objections, and the minor variation in the revised report did not warrant addition. The CIT(A)'s deletion of the impugned addition was endorsed. With respect to unexplained investment in plant and machinery, the CIT(A)'s decision to uphold the assessment was retained. Consequently, the assessee's appeals are dismissed and the Revenue's appeal is also dismissed.
ITAT dismissed both appeals and affirmed the appellate order: the AO's addition under s.69B relating to the cost of cold storage structure was set aside because the CIT(A) properly accepted the DVO's revised valuation report after the DVO considered the assessee's objections, and the minor variation in the revised report did not warrant addition. The CIT(A)'s deletion of the impugned addition was endorsed. With respect to unexplained investment in plant and machinery, the CIT(A)'s decision to uphold the assessment was retained. Consequently, the assessee's appeals are dismissed and the Revenue's appeal is also dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
Join Channel 
