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ITAT INDORE held on Mar 19, 2020 fee u/s 234E cannot be levied in the statement processed u/s 200A up to 31.05.2015.
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ITAT INDORE on 5th Feb, 2020 held that when the penalty notice issued by the assessing officer did not specify Which limb of section of the Act, the penalty proceedings had been initiated i.e., Whether for concealment of particulars of income or furnishing of inaccurate particulars of income or to say the matter written in the body of the notice issued under section 274 of the Act does not refer to the charges of provision of section 271AAB of the Act makes the alleged notice defective and invalid and thus deserves to be quashed
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On 26th Oct, 2018 INDORE TRIBUNAL held that if the assessee has already purchased a new house within the stipulated period and as such is entitled to the deduction u/s.54F even though the assessee failed to deposit entire sale consideration scheme of deposits in capital gains account on or before due date of filing its return of income.