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“Acceptance of Explanation for Delay should be the Rule and Refusal, An Exception”: ITAT Condones 236-Day Delay in Appeal Filing [Read Order]

Varda Marakkar

Recently, the Income Tax Appellate Tribunal ( ITAT ) in Delhi has allowed an appeal by an assessee condoning a delay of 236 days in filing the appeal...

ITAT Remands Dismissed Appeal For Non-Prosecution Simpliciter and Non-Condonation of Delay [Read...

AO made S.69 Income Tax Addition based on Mere Suspicion: ITAT deletes Rs.2.25 Crore Addition [Read...

ITAT upholds Non-taxability of Google Ireland's Ad Revenue in India: Payments not Classified as...

ITAT upholds Exemption u/s 10(23C)(iiiab) Despite Late Filing and Incorrect Form Submission [Read...

ITAT upholds CIT(A)'s Deletion of Additions u/s 68, Citing Sufficient Cash Balance and Lack of Evidence for Accommodation Entries [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]'s decision to delete additions made under Section 68 of the Income Tax Act,1961 for...

ITAT Rules Doctrine of Merger not applicable to Income Retained by CPC from Intimation u/s 143(1)(a) of Income Tax Act [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that the doctrine of merger did not apply to the income retained by the CPC in its intimation under Section 143(1)(a) of the Income...

No Disallowance for PF/ESI Contributions made before Return Filing Deadline: ITAT [Read Order]

The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that no disallowance should be made for employee contributions to the Provident Fund ( PF ) and Employee State Insurance ( ESI ) if...

AO’s Income Tax Assessment has to be Erroneous and Prejudicial to Revenue to warrant S.263 Proceedings: ITAT [Read Order]

The Cochin Bench of the Income Tax Appellate Tribunal ( ITAT ) while adjudging an Income Tax Appeal held that an Income Tax Assessment by the Assessing Officer ( AO ) has to be both, erroneous and...

Income Tax Appeal filed on Paper dismissed w/o Hearing Opportunity: ITAT directs Re-Adjudication [Read Order]

In a recent ruling, the Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) of has directed a re-adjudication after dismissing an appeal filed offline without a hearing. In this case,...

ITAT upholds AO's Acceptance of Bad Debt Write-off Claim, In absence of Error [Read Order]

The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Assessing Officer's ( AO ) acceptance of the assessee’s bad debt write-off claim, determining that there was no error in the...

Establishment of Nexus between Property Sale Advance and NHAI Bond Investment: ITAT allows Deduction Claim u/s 54EC [Read Order]

In a recent ruling, the Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the declaimed by the assessee under Section 54EC of the Income Tax Act,1961 as the assessee was able to...

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