Where assessee filed all plausible evidences in support of purchases made and also successfully rebutted allegations of AO with respect to suppliers from whom enquiries were made, addition made on acc ... Read more..

In order to claim deduction under section 54F, it was sufficient for assessee to utilize capital gain for purchase of property before extended due date under section 139(4). ... Read more..

Where AO while levying penalty under section 270A, failed to identify the specific charge or default committed by assessee, the penalty levied under section 270A would not be sustainable. ... Read more..

Where authorities took stance that by virtue of Circular No. 181/13/2022, dated 10-11-2022, the assessee could claim refund only if the application was filed prior to 18-7-2022, however, the same was ... Read more..

Since the Appellate Authority rejected the appeal without examining cause of delay and without considering the application for condonation of delay that was filed within condonable period as prescribe ... Read more..

Where the Appellate Authority, while allowing the appeal, issued fresh direction to the adjudicating authority for verification of facts relating to the assessee, however, there was no justification f ... Read more..

Where Appellant challenged the order of Appellate Tribunal regarding the issue of jurisdiction of Adjudicating Authority to adjudicate upon a show cause notice issued under FERA, 1973, whereby Appella ... Read more..

At the time of presentation of cheques in question, lender maintained his account at Mangalore Branch, he was fully justified in filing his complaint cases before jurisdictional Court at Mangalore, bu ... Read more..

Issuance of cheque towards security would also attract liability for commission of an offence punishable under section 138, borrower failed to file any evidence regarding rebuttable of presumptions un ... Read more..