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Failure to Verify Applicability of 'Vivad Se Vishwas Scheme': ITAT Remits Matter to CIT(A) [Read Order]

Sneha Sukumaran Mullakkal

The Mumbai Bench of Income Tax Appellate Tribunal(ITAT) remitted the matter to the for fresh adjudication, finding that the Commissioner of Income...

Addition of Rs. 3.53 Crore as Unexplained Income u/s 69A: ITAT Sets Aside CIT(A)'s Order [Read...

Declaration of Income as Less than that made in Survey under Presumptive Scheme u/s 44D: ITAT...

ITAT Rules Against Unjustified Tax Adjustments, Reinforces Due Process [Read Order]

Taxpayer Unable to Collect Notice: ITAT Condones 340 Days Delay, Remands S.69A Matter [Read Order]

ITAT upholds CIT(A) Order, Dismisses Revenue's Appeal Due to Lack of Merit in Disallowances [Read Order]

In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has dismissed an appeal filed by the Revenue against the order of the Commissioner of Income Tax (Appeals) CIT(A),...

ITAT quashes Penalty u/s 271B, Holds 'Reasonable Cause' for Delay in Tax Audit [Read Order]

The Income Tax Appellate Tribunal (ITAT), Pune Bench, has quashed the penalty imposed under Section 271B of the Income Tax Act on a cardiologist, for the assessment year 2018-19. The Tribunal ruled...

ITAT quashes AO’s Rs. 57.03 Lakh Cash Deposit Addition & Penalty, Grants Fresh Hearing [Read Order]

The Lucknow Bench Income Tax Appellate Tribunal (ITAT) quashed the addition of Rs. 56.50 lakh made by the Assessing Officer (AO) and the consequential penalty of Rs. 22.37 lakh imposed and directed a...

ITAT Remands Case to Assessing Officer for Fresh Adjudication Due to Lack of Reasonable Opportunity [Read Order]

In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has remanded a case back to the Assessing Officer (AO) for fresh adjudication, citing a lack of reasonable opportunity...

Fees Paid by Law Firm to use Name & Goodwill of Founder is Business Expense, Deductible u/s 37 of Income Tax Act: Delhi HC rules in Favour of Remfry & Sagar [Read Order]

In a recent case, the Delhi High Court has held that the fees paid by IPR law firm Remfry & Sagar to acquire the goodwill of the founder is a business expense and are deductible under Section 37...

Rejection of S.12AB Registration Due to Failure to Provide Documents: ITAT Restores Matter to CIT(E) [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal(ITAT)restored the matter to the Commissioner of Income Tax(Exemption)[CIT(E)] after the rejection of the Section 12AB registration application under...

Disallowance of TDS Credit Due to Non-Inclusion of Income: ITAT Sets Aside Matter to AO for Verification [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)set aside the matter for verification by the Assessing Officer (AO) regarding the disallowance of Tax Deducted at Source (TDS) credit due to...

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