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ITAT Sets Aside CIT(A) Order, Citing Breach of Natural Justice and Violation of Section 250(6) [Read Order]

Adwaid M S

In a recent ruling, the Income Tax Appellate Tribunal ( ITAT ), Agra Bench, has set aside the order of the Commissioner of Income Tax (Appeals) [...

Income Tax Joint Commissioner cannot grant Reassessment Approvals relying on Rajeev Bansal SC...

Commission Paid to Non-Residents for Services Rendered Outside India Not Taxable Without PE: ITAT...

ITAT Condones Delay Due to Bona Fide Reasons Based on Affidavit and Remands Case to CIT(A) for Fresh...

Credit Card Misuse by Friend Not Attributable as Personal Expenditure: ITAT [Read Order]

ITAT Quashes Assessment for Failure to Issue Notice u/s 143(2) and Unjustified Additions [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) quashed the assessment for failure to issue the required notice under Section 143(2)of Income Tax Act,1961 and unjustified additions. ...

Disallowance of Sales Promotion Expense u/s 37(1): ITAT Allows Deduction Based on Evidence Provided [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal(ITAT)allowed the deduction of Rs. 4,81,477 as sales promotion expenses under section 37(1) of Income Tax Act,1961 after the assessee provided...

ITAT Sets Aside Ex-Parte Order, Directs Fresh Hearing for Trust's 12AB Registration [Read Order]

In a recent ruling, the Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the ex-parte order due to a lack of fair opportunity provided to the Trust to present its case and...

Absence of mentioning Specific Charge u/s 274 by AO Renders Penalty Levied Unsustainable: ITAT [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) rendered the penalty levied against the assessee as unsustainable due to the absence of mentioning a specific charge under Section...

Denial of Hearing: ITAT directs Fresh Adjudication of Addition at 8% of the Gross Profit [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) directed Fresh Adjudication of Addition at 8% of the Gross Profit due to denial of hearing to the assessee. The assessee,...

Cold Storage Company Gets Relief from ITAT as Tribunal Upholds Legitimacy of Interest-Free Advances to Farmers [Read Order]

In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Agra Bench, has granted relief to a cold storage company, affirming that the practice of giving interest-free advances to farmers...

ITAT Remands Case Back to CIT(A) Over Assessee's Failure to Disclose Multiple PANs [Read Order]

The Income Tax Appellate Tribunal (ITAT) has remanded a case back to the Commissioner of Income Tax (Appeals) (CIT(A)) for fresh adjudication after noting that the assessee failed to disclose the...

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