Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Penalty u/s. 271(1)(c) - Referring to a precedent...     TaxTMI    Eligibility for Input Tax Credit - Failure to...     TaxTMI    Levy of penalty @200% - e-way bill which was...     TaxTMI    Levy of interest and penalty - transition of amount...     TaxTMI    Addition u/s. 56(2)(viib) - transaction of sale of...     TaxTMI    TDS u/s 194I - Transit Rent payable by the...     TaxTMI    Rectification of mistake u/s 154 - tax paid on more...     TaxTMI    Validity of Re-assessment proceedings u/s 147 -...     TaxTMI    Validity of reopening of assessment u/s 147 - The...     TaxTMI    Maintainability of appeal - appeal dismissed at the...     TaxTMI    Validity of assessment order - non-speaking...     TaxTMI    Benefit of exemption from GST - educational...     TaxTMI    Levy of maximum penalty - penalty imposed on the...     TaxTMI    Exemption from GST - pure services or supply of...     TaxTMI    Applicable rate of tax (GST) - Classification of...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Addition u/s 69B - unexplained investment - it is evident that ...

Income Tax

December 18, 2023

Addition u/s 69B - unexplained investment - it is evident that those three flats belonging to the M/s Starlight security LLP mentioned in the Escrow agreement has ultimately not been given to those three shareholders by the assessee on anyone on behalf of the assessee and matter being under litigation before the Hon’ble Bombay High Court, no addition for unexplained investment could survive in the hands of the assessee company. - AT

View Source

 

← Previous Next →

 

You may also like:

  1. Unexplained investment - lottery coupons found in possession in search - No explanation to whom it belongs - additions confirmed since there is a proximity between the...

  2. Sum advanced to sister concern by cheques drawn – Unexplained investment or not - it has been rightly treated as unexplained investment in terms of Section 69B of the...

  3. Addition u/s 69C - excess stock - 69B OR 69C - mentioning of wrong section would not upset the Additions made by the AO as all these provisions have been enacted with a...

  4. Unexplained investment - The basis of addition made in the present case is the source of investment remaining unexplained. Now, the assessee having explained the source...

  5. Valuation - consideration of self supervision factor which lead to less value - Addition made on account of unexplained investment in cost of construction of building u/s.69B - AT

  6. Addition u/s 69 - Unexplained investment or not - only when the investment is not recorded in the books of accounts or the explanation by the assessee regarding the...

  7. Addition u/s 69B - differential amount between value as per registered purchase deed vis-a-vis guideline value determined by Stamp Valuation Authority - Merely because...

  8. Addition u/s. 69B - unexplained investment in land - AO was not justified in making addition under Section 69B of the Act solely relying upon the statements of those two...

  9. Addition made on the basis of loose papers found and seized from the third person - the jottings made without identification of any asset or investment cannot be the...

  10. Unexplained investment u/s. 69 - Asstt. Comm. of Commercial Taxes estimated the valuation of WIP without mentioning the quantity or rate of the individual item - AO...

  11. Unexplained investment u/s 69 - The tribunal closely examined the additions made under Section 69 related to unexplained investments in stock. The assessees argued that...

  12. Unexplained investment/unexplained cash credit under section 68 & 69 - no addition is called for on account of baseless allegation of unexplained investment by the...

  13. Addition u/s 69A - unexplained investment in the bank account - Though there is no specific evidence but the circumstances of the assessee and his lifestyle do suggest...

  14. Unexplained investment u/s 69B - any investment made during the earlier years including the advances made, cannot be added as unexplained investment merely because that...

  15. Unexplained cash found during the search action - AO has not pointed out any unexplained credit in the books of account, any unexplained investment, any unexplained...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: Condonation of delay in filing an appeal before the appellate authorit...
H: Time Limitation for filing refund claim - Impact of COVID-19 Pandemic ...
H: Rejection of refund claim - Status of the Subsidiary as a Distinct Per...
H: Failure to File Appeal within prescribed period of limitation - The co...
F: Addition of unaccounted supplies in the Returns
H: Denial of input tax credit - demand of differential input tax - The co...
H: Refund claim of encashed amount by the revenue - Direction to withdraw...
H: Wrong availment of transitional Input Tax Credit - request for an adjo...
H: Validity of assessment order - Disparity in Returns - The High Court e...
H: Liability of tax arising on account of inadvertent error - mismatch be...
H: Validity of assessment order - classification of oil coolers as heat e...
H: Reopening of assessment under old regime - scope of new regime - scope...
H: Recovery proceedings - attaching the property and bringing the propert...
H: Validity of Reassessment proceedings - notice issued in the course of ...
H: Reopening of assessment u/s 147 against non-existing entity - scheme o...
H: Levy of penalty u/s 271(1)(c) - claim of incorrect deduction u/s 80GGA...
C: Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI...
F: GST PENALTY SECTION 122
F: ITC of FY 2017-18 blocked
F: INQUIRY BY THE APPELLATE AUTHORITY
A: Proper officer shall pass an order within seven days of service of not...
A: Collection of Entry Fee from visitors for Temple Hall Exempt under GST
A: State-wise Professional Tax Payment Deadlines in India: A Comprehensiv...
A: Low tax effect in pending appeals- The administrative role to withdraw...
C: Clarification on the applicability of 3% amount on account of non-achi...
C: Suspension of inoperative SIONs
N: Amendment in the Export policy of Onions
N: Seeks to amend specified customs tariff notifications to exempt applic...
A: How to become a crorepati via SIP
C: Master Direction – Risk Management and Inter-Bank Dealings: Amendments