Income tax: what is it? Every person's income is subject to this tax, which is imposed by the Indian government. The Income Tax Act, 1961 contains the rules controlling income…
Addition made by Income Tax Officer was not sustainable merely on the basis of entries in Foreign Bank Account – ITAT Surat Bench
Addition made by Income Tax Officer was not sustainable merely on the basis of entries in bank account maintained with HSBC Bank, Geneva, Switzerland ITO Vs. Alkesh Pratap Chandra Bhansali…
Accumulated Cash available out of Past Savings justifiable as Source of Unexplained Money u/s 69A: ITAT (Bangalore)
Case - Shri. Girigowda Dasegowda vs ITO - The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the accumulated cash available out of past savings is justifiable…