Estimated Additions Alone Not Enough for Penalty, Rules ITAT
Tribunal Deletes Penalty Where Profit Element of Alleged Bogus Purchases Was Estimated
In a significant ruling, the Income Tax Appel...
ITAT: Cash Gifts Taxable, Credit Card and Agricultural Land Additions Deleted
Tribunal Partly Allows Department’s Appeal for AY 2021–22
In a recent ruling, the Income Tax Appellate Tribunal examined multiple ad...