2023-TIOL-1344-ITAT-MUM
Rehana Anwar Shaikh Vs Assessing Authority Delhi
Whether mere fact of return of notices issued to two of the exit providers can be a ground to suspect the genuineness of sales, without bringing any other substantial evidence on record - NO: ITAT
- Assessee's appeal allowed: MUMBAI ITAT
2023-TIOL-1343-ITAT-BANG
Mala Anand Vs DDIT
Whether provisions of Section 43B will apply where bonus to employees has been paid before the due date of filing ITR - NO: ITAT
- Appeal allowed: BANGALORE ITAT
2023-TIOL-1342-ITAT-AHM
Anand Rajendrakumar Patel Vs ITO
Whether AO and CIT(A) erred in making the addition without taking a valid cognizance of the documents produced at the time of assessment proceedings - YES: ITAT
- Assessee's appeal allowed: AHMEDABAD ITAT
2023-TIOL-1341-ITAT-INDORE
Niraj Kumar Sahu Vs DCIT
Whether where assessee does not disclose bank account in ITR, deposit in such account is considered as undisclosed turnover & gross profit rate on the such turnover would be added to the total income of the assessee, instead of the entire deposit - YES: ITAT
- Appeal partly allowed: INDORE ITAT
2023-TIOL-1340-ITAT-JAIPUR
Subhash Chand Patni Vs ITO
Whether levy of penalty on the amount sustained on account of the provision of section 50C of the Act justified - NO: ITAT
Whether penalty can be imposed on assessee when assessee has declared all accurate particulars of income and registered documents - NO: ITAT
- Assessee's appeal allowed: JAIPUR ITAT
