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Lack of Reasonable Cause: ITAT Denies Condoning 1350-Day Delay in Filing Appeal [Read Order]

Sneha Sukumaran Mullakkal

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) denied condoning the 1350-day delay in filing an appeal against the denial of...

Additions u/s 68 & 69A made without Examining Books of Accounts: ITAT remands case for Reassessment...

ITAT sets aside Rs. 1.55 Crore Unexplained Investment Addition, Orders Fresh Assessment due to...

Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on...

Procedural delay in filing form 67 cannot override objectives of DTAA: ITAT directs to grant FTC...

ITAT remands Case Back to AO for Re-Assessment, due to Lack of Proper Procedure in Capital Gains Adjustment [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case of the assessee to the Assessing Officer ( AO ) for reassessment of the capital gain, highlighting the failure to follow...

ITAT Sets Aside Ex-Parte Order, Remands Case for Reassessment Due to Non-Compliance and Lack of Proper Opportunity for Hearing [Read Order]

Recently, the Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) set aside an ex-parte order and remanded a case to the Assessing Officer (AO) for reassessment as the assessee was denied a...

CIT(A) Rejects Appeal without Merit Discussion: ITAT remits Case for Fresh Hearing [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal(ITAT) sent the case back to the Commissioner of Income Tax (Appeals) [CIT(A)] for a fresh hearing, as the CIT(A) had rejected the appeal in one...

Contractor Ineligible for Deduction u/s 80IA(4) for Management of Solid Waste Management Systems: ITAT upholds CIT(A) Order [Read Order]

In a recent ruling, the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the order passed by the Commissioner of Income Tax ( Appeals ) [CIT(A)], that a contractor engaged in solid...

Profits from Sale of Jaggery is Taxable, Not considered as Agricultural Income: Madras HC [Read Order]

In a recent ruling, the High Court of Madras held that profits from the sale of jaggery are taxable and that sugarcane and jaggery are different commodities and rejected the agricultural claim made...

ITAT sets aside additions on Penny Stock gains, directs deletion of Related Expenses due to Lack of Evidence [Read Order]

In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the additions made on penny stock gains and related expenses due to lack of evidence on the part of the...

Lack of Approval u/s 153D in Second-Round Assessment: ITAT Upholds CIT(A) Order [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the order of the Commissioner of Income Tax(Appeals)[CIT(A)], which quashed the second-round assessment for the assessment year 2009-10...

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