The Tribunal held that when stamp duty value is disputed, the Assessing Officer must refer the matter to the DVO. Fair market ...

The Tribunal upheld that quarry expenses represented the cost of procuring raw material under a valid business arrangement.

Once the reassessment was quashed for jurisdictional and limitation defects, the Revenues appeal on merits became infructuous ...

Absence of a signature on the reassessment notice rendered it legally non-existent. All consequential proceedings and ...

The Tribunal held that a clerical error in the tax audit report, later corrected through a revised report, cannot be the ...

The Tribunal ruled that an assessment based on a notice issued beyond the AO s pecuniary authority is unsustainable.

The issue was whether a WhatsApp image from a third party could justify a cash addition. The Tribunal held the digital evidence inadmissible due to lack of lawful collection and chain of custody, ...

The Tribunal restored the Assessing Officers action after finding clear admission of issuing accommodation bills. Commission at 1% was rightly taxed on both bogus purchases and bogus ...

The Tribunal held that incorrect selection of a clause while filing Form 10AB is a technical and curable defect under the new registration regime. Applications for registration and approval were ...

The Tribunal held that a loose sheet found from a third party cannot justify addition for cash interest without corroborative evidence. Presumption under Sections 132(4A) and 292C cannot be applied ...

The Tribunal confirmed that only ₹10 lakh received by the assessee could be taxed. Addition based on total sale value was held ...

The Tribunal followed binding High Court precedents to hold that reassessment must strictly adhere to the faceless mechanism. Deviation from the mandated procedure invalidated the notice and the ...