Katchi Rokar has to be taken as one complete document and cannot ...

Court Rules Katchi Rokar Must Be Evaluated as Whole Document for Accurate Financial Assessment.

November 8, 2013

Case Laws Income Tax HC

Katchi Rokar has to be taken as one complete document and cannot be bifurcated for making additions on account of income shown, without reducing from the said amount, the expenditure duly recorded and mentioned in Katchi Rokar records - HC

View Source

← Previous Next →

Katchi Rokar has to be taken as one complete document and cannot ...

Court Rules Katchi Rokar Must Be Evaluated as Whole Document for Accurate Financial Assessment.

November 8, 2013

Case Laws Income Tax HC

You may also like:

CENVAT Credit - duty paying invoices - performa invoices - the documents required under the Rule 9 are not confined to merely invoices but these may be any documents,...

CENVAT Credit - duty paying invoices (document) - cenvat credit availed on the strength of railway receit - Rule 9 is subservient to Rule 3 for determining the...

E-way bill Rules - Rule 138B as amended - Verification of documents and conveyances.

HC found the assessment order under Section 143(3) r/w Section 144B invalid due to procedural irregularities. The Assessing Authority failed to consider all uploaded...

National Financial Reporting Authority (Amendment) Rules, 2019 - Rule 2, Rule 3, Rule 5 and Rule 11 amended.

HC allowed the appeal, setting aside ITAT's order rejecting additional evidence under Rule 29. The court found ITAT committed a legal error by summarily dismissing the...

Considering the application for stay by evaluating prima facie case, balance of convenience, and financial stringency, the court upheld the order granting petitioner's...

The adjudicating authority is bound to explain the alleged contraventions to the person proceeded against or their legal representatives. Rule 4(4) mandates...

Validity of Assessment / Demand Order - The High court found that the assessment order was flawed due to non-application of mind by the assessing officer. - The...

HC upheld validity of Rule 36(4) of CGST Rules, dismissing constitutional challenge. Court determined Rule 36(4) derives authority from Section 16 of CGST Act and...

Validity of Faceless assessment u/s 144 r.w.s.144B - The High Court observed that the impugned order indeed failed to comply with the prescribed procedure under Section...

This case involves a challenge to an order of re-assessment under the relevant tax laws. The key points are: The petitioner failed to submit monthly returns within the...

The High Court held that respondent No. 3 cannot avoid deciding the petitioners' application dated 20 December 2023 seeking an advance ruling on the taxability of sale...

Registration of the Trust u/s 12AA denied - Rule 17(A)(a) show that when the trust is not created under an instrument it is impossible to produce any constitutive...

HC held that assessment orders for tax years 2014-2015 and 2016-2017 were time-barred under Rule 14A (5A), which mandates assessments must be completed within four years...

Quick Updates: