S.80GGA: Donation -Scientific Research -Rural development -At the time of making of donation the charitable trust was duly approved under section 35AC -Subsequent withdrawal -Denial of deduction is held to be not valid.[S.35AC(2), 80GGA(2) (bb), 147, 148]
80G: Donation – Denial of final approval -Due to technical reason -Mentioning of wrong clause Rectifiable mistake. [S. 12A, 80G (5)(vi)]
S. 69B: Amounts of investments not fully disclosed in books of account – Stock not fully disclosed in books of account- Survey -Surrendered in the course of survey -Business income – Surrendered income could not be brought to tax under deeming provisions – Addition is deleted.[S.115BBE, 133A]
S. 69B : Amounts of investments not fully disclosed in books of account–Statement in the course of survey -No evidentiary value -Addition is deleted [S.115BBE, 131, 133A]
S. 69A : Unexplained moneys -Unexplained cash – Sale consideration as per sale agreement in his books of account- Addition is deleted.
S.69A: Unexplained money -Cash deposits -Demonetization period -Sales made to various parties -Produced copy of bills, sale/VAT return, stock register and VAT assessment order -Order of CIT(A) deleting the addition is affirmed. [S. 115BBE]
S. 68:Cash credits – Proved identity creditworthiness and genuineness- Addition is deleted.[S. 148]
S. 68 : Cash credits -Discharged the burden by filing confirmation and other details – The AO cannot deem creditors as bogus solely due to lack of response, & without presenting evidence to demonstrate that the payables were unnecessary to settle- Order of CIT(A) deleting the addition is confirmed. [S. 133(6)]
S. 68 : Cash credits -Estimation of income -Ex parte order by CIT(A) and Assessing Officer -Matter was remanded to Assessing officer for de novo assessment.[S. 148, 251]
S. 68 : Cash credits -Assessing Officer has not made any inquiry of his own either issuing notice under section 133(6) or 131 of the Act- Tax deducted at source -Filed confirmation- Burden is discharged -Addition is deleted.[S.131, 133(6)]