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Rs 9.30 Lakh Disallowed Due to Clerical Error in Tax Audit Report: ITAT Allows Appeal and Deletes Addition [Read Order]

Sneha Sukumaran Mullakkal

The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the appeal of the assessee and deleted the Rs 9.30 lakh disallowance, that arose...

Contradictory Approach of AO Invalidates S.154 Jurisdiction: ITAT Deletes ₹2.06 Crore Expense...

Mere Audit Report Omission of Transaction alone Cannot Support Addition when Books are Proper and AO...

Rajasthan HC Condones 700-Day Delay in Filing Audit Report by Charitable Trust considering Lack of...

J&K CGST Commissionerate opens Empanelment of CA/CA Firms/CMA/CMA Firms GST Audit of Registered...

Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XV]

This Half Yearly Digest analytically summarises all the Supreme Court and High Court Tax Decisions in the First Half of 2025, as reported at Taxscan.in. Appeal on Service Tax for Educational...

ITAT Quashes Penalties Citing Revised Audit Report, Rules No Intentional Misreporting by Cooperative Society [Read Order]

The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has quashed penalties totaling ₹7,78,502 imposed on a cooperative society, under Section 270A of the Income Tax Act, 1961. The tribunal ruled...

25 Days Delay in Filing Audit report due to Covid 19 Pandemic: Kerala HC sets aside Income Tax Order Declining to Condone Delay [Read Order]

Relying In Re cognizance for the extension of limitation Case, the Kerala High Court sets aside the income tax order, which declined to condone the 25 days delay in filing Audit report. It was found...

ITAT Holds Assessee's Delay in Filing Audit Report as Reasonable, Allows Claim u/s 80IAC [Read Order]

The Income Tax Appellate Tribunal (ITAT) Pune Bench has ruled in favor of the assessee, holding that the delay in filing the audit report was reasonable and should not have led to the disallowance of...

Deduction u/s 80IA(4) cannot be Denied for Delayed Filing of Form 10CCB Audit Report: ITAT [Read Order]

The Pune Bench of Income Tax Appellate Tribunal(ITAT) ruled that the deduction under section 80IA(4) of Income Tax Act,1961 cannot be denied solely due to the delayed filing of Form 10CCB, as the...

Company Admitted Short-Paid Service Tax Liability During Audit: CESTAT Rejects CA’s Certificate, Cites it as 'No Value Against Audit Report’ [Read Order]

The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that service tax liability under the Reverse Charge Mechanism which was admitted during an audit cannot...

Proceedings Based on Delayed Audit Report u/s 41(4) of OVAT Act cannot be Initiated by Dept: Orissa HC [Read Order]

In a recent case, the Orissa High Court has held that the department cannot initiate the proceeding consequent to delayed audit report under section 41(4) of Orissa Value Added Tax Act, 2004. ...