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ITAT Remands Matter to Assessing Officer for Re-examination of Income Tax Order Due to Procedural Lapses [Read Order]

In a recent case before the Income Tax Appellate Tribunal ( ITAT ) Ahmedabad Bench, remanded a matter to the Assessing Officer for re-examination,...

ITAT Rules Compensation for Delayed Property Delivery as Capital Receipt, Not Taxable [Read Order]

No Reply to CIT(A) Notices due to Ongoing Litigation with SBI: ITAT Remits Income Tax Appeal for...

ITAT Remands Case to AO for Re-examination of Cash Deposits and Bank Entries due to Improper...

ITAT quashes AO's Additions of Undisclosed Income and Bogus Expenses due to Lack of Corroborative...

ITAT Grants Partial Relief on Rs.35.13 Lakh Cash Deposit, Remands Vehicle Sale Issue to AO Due to Incomplete Documentation [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) granted partial relief on a cash deposit of Rs.35.13 lakh while remanding the vehicle sale claim to the Assessing Officer ( AO ) for...

ITAT grants Relief for 6-Year Delay and Remands Case to CIT(A) for Adjudication on Unresolved Tax Additions [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) granted relief to the assessee, by condoning a six-year delay in filing an appeal and remanding the case to the Commissioner of Income...

National Aviation Security Fee Trust Receives Income Tax Exemption from CBDT u/s 10(46) [Read Notification]

The Central Board of Direct Taxes ( CBDT ) has granted income tax exemption to the National Aviation Security Fee Trust under clause (46) of section 10 of the Income-tax Act, 1961. This exemption,...

CBDT exempts District Legal Service Authority, Haryana from Income Tax [Read Notification]

The Central Board of Direct Taxes ( CBDT ), vide notification no. S.O. 4982(E) dated 19th November 2024 has granted income tax exemption to the District Legal Service Authorities ( DLSA ) in Haryana,...

ITAT Directs Restoration of Income Tax Appeal to Review Payment of Admitted Tax Amount [Read Order]

In a recent case before Income Tax Appellate Tribunal, Bangalore ( ITAT ) the tribunal had directed Commissioner of Income-tax (Appeals), ( CITA ) to restore and review the Income Tax Appeal filed by...

ITAT Remits Case to CIT(A) for Fresh Consideration of Condonation of Delay in Filing Appeal [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) remitted the case to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh consideration of the condonation of delay in filing...

GST cannot be included while computing Deemed Income u/s 44B: ITAT [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) held that, Goods and Services Tax should not be added while computing Deemed Income under Section 44AB of the Income Tax Act, 1961. ...

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