Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeDirect TaxSurvey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s...

Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT

Direct Tax

Published on

By Mariya Paliwala
Survey Disclosure Can’t Be Reclassified as Se. 69A Income Through Rectification U/s 154: ITAT

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income disclosed during a survey under Section 133A and accepted as business income in a scrutiny assessment cannot subsequently be recharacterized as unexplained income under Section 69A through proceedings under Section 154.  The bench of Dr. Brr Kumar (Vice President) and Siddhartha…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

GST

GSTR-3B/GSTR-9 Mismatch Alone Can’t Prove Excess ITC: GSTAT 

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru, has held that a mismatch...
GST

Retrospective GST Registration Cancellation Doesn’t Bar Audit For Later Period: Delhi High Court

The Delhi High Court has held that retrospective cancellation of GST registration does not,...
GST

GST Refund Filed On Last Day Of Extended Deadline Is Within Time; Deficiency Memos Don’t Reset Filing Date: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Delhi State Bench, has dismissed a...
Direct Tax

₹2.59 Crore Cash Deposit Addition: ITAT Upholds Verification Of Withdrawals And Peak Credit Before Taxing Unexplained Amount

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has upheld directions requiring...

More like this

GST

GSTR-3B/GSTR-9 Mismatch Alone Can’t Prove Excess ITC: GSTAT 

The Goods and Services Tax Appellate Tribunal (GSTAT), Bengaluru, has held that a mismatch...
GST

Retrospective GST Registration Cancellation Doesn’t Bar Audit For Later Period: Delhi High Court

The Delhi High Court has held that retrospective cancellation of GST registration does not,...
GST

GST Refund Filed On Last Day Of Extended Deadline Is Within Time; Deficiency Memos Don’t Reset Filing Date: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), Delhi State Bench, has dismissed a...