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Mahavir Singh

MakeMyTrip ITAT ruling-ITAT quashes revision-ITAT Delhi decision-Taxscan
Relief to Make My Trip: ITAT Quashes Revision Order Noting AO’s Proper Inquiry on ESOP Expenses [Read Order]
March 3, 2025
Cash is Sourced - Cash is Sourced out of Recorded Debtors - Recorded Debtors - Section 69A cannot be invoked - ITAT - ITAT deletes Addition - taxscan
‘When Cash is Sourced out of Recorded Debtors, S. 69A cannot be invoked’: ITAT deletes Addition of Rs. 21.5 Crores [Read Order]
February 27, 2025
ITAT - ITAT Delhi - Reasonable Estimate - Lack of Evidence - Evidence - Disallowance of Indexed Construction Costs - taxscan
Disallowance of Indexed Construction Costs for Lack of Evidence: ITAT allows 50% as Reasonable Estimate [Read Order]
December 26, 2024
ITAT - ITAT Chennai - ITAT upholds Peak Credit Assessment - Peak Credit Assessment - Assessment - CIT(A) - taxscan
Circular Transactions proven by Father’s Bank Statement: ITAT upholds Peak Credit Assessment by CIT(A) [Read Order]
December 6, 2024
ITAT - ITAT Chennai - Unexplained Expenditure - section 69C of Income Tax Act - Citing Insufficient Evidence of Off-Book Payments - TAXSCAN
ITAT Upholds Deletion of Rs. 4 Crore Addition for Unexplained Expenditure, Citing Insufficient Evidence of Off-Book Payments [Read Order]
November 22, 2024
ITAT - ITAT Chennai - Tax Assessment Orders - Income Tax - Commissioner of Income Tax - Taxscan
ITAT remands Case to CIT(A) for further Adjudication on AO’s Corrigendum in Tax Assessment Orders [Read Order]
November 7, 2024
ITAT - ITAT Chennai - ITAT Dismisses - Revenue's Appeal - Madras Cricket Club - Cricket Club - Citing Tax - CBDT Guidelines - CBDT - Income Tax Appellate Tribunal - taxscan
ITAT dismisses Revenue’s Appeal against Madras Cricket Club, Citing Tax Effect below Rs.60 Lakhs as per CBDT Guidelines [Read Order]
November 6, 2024
Relief - ASAN Memorial -ITAT - Statutory Deduction Claim - Despite Filing - Income Tax Return- taxscan
Relief to ASAN Memorial Association: ITAT Approves Statutory Deduction Claim Despite Filing Error in Income Tax Return [Read Order]
October 31, 2024
ITAT - Accounting Manipulation - Tax Evasion - Insufficient Evidence - taxscan
ITAT upholds CIT(A) Ruling on Accounting Manipulation and Tax Evasion Due to Insufficient Evidence [Read Order]
October 13, 2024
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