Read all Latest Updates on and about CIT(A)

Begin typing your search above and press return to search.

Home
»
CIT(A)

Ignorance of Law & Accountant’s Failure Constitutes Sufficient Cause for Delay: ITAT criticises Hypertechnical Approach by CIT(A) [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Mumbai, while condoning delay of 127 days, said that lack of legal awareness and professional negligence...

Relief to Real Estate Company: ITAT Holds Compensation Received for Compulsory Land Acquisition by...

CIT(A) Order Based on Presumption Without Verification of Charitable Trust’s Exemption Claim: ITAT...

ITAT Upholds Deletion of ₹1.73 Cr Labour Income Addition as Assessee Had Already Disclosed Income in...

Gross Negligence by CIT(A) and AO in Ignoring Submissions and Evidence: ITAT Deletes ₹9 Cr Purchase...

AO Cannot Adopt FMV for Capital Gains while using Book Value for Business Profits: ITAT Clarifies S. 45(2) scope [Read Order]

In a recent ruling, the Income Tax Appellate Tribunal (ITAT) has clarified the scope of Section 45(2) of the Income Tax Act, ruling that the Assessing Officer cannot adopt the fair market value...

Parallel Proceedings for Same AY After CIT(A) Set Aside Reassessment: ITAT Sets Aside ₹169.75 Cr Addition u/s 69A Arising from Section 263, Restores Matter to AO [Read Order]

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, held that to avoid parallel proceedings for the same Assessment Year (AY) 2014-15, the addition of ₹169.75 crore made under Section69A...

₹60 Lakh Loan Addition u/s 68 Deleted as AO Relied on Assumptions, Not Evidence: ITAT Upholds CIT(A) Decision [Read Order]

The Income Tax AppellateTribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) [ CIT(A) ] order, deleting an addition of ₹60 lakh made under Section68 of the Income Tax Act, 1961 and ruling...

No Disallowance u/s 14A Where No Exempt Income Earned: ITAT Upholds Deletion of ₹15.42 Cr Addition for Adani Logistics [Read Order]

The Income Tax Appellate Tribunal, Ahmedabad Bench, held that no disallowance under Section 14A of the Income Tax Act, 1961 can be made where no exempt income is earned during the relevant...

₹8.80 Cr Addition cannot be made Solely on Estimation and Extrapolation Without Corroborative Evidence: ITAT sets aside Addition [Read Order]

The Income Tax Appellate Tribunal (ITAT), Pune Bench, held that the Assessing Officer (AO) has erred in making the addition amounting to ₹8,80,26,071 solely on estimation and extrapolation without...

Multiple Floors in Same Redeveloped Building Qualify as ‘One Residential House’ for Section 54 : ITAT [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that multiple floors received by an assessee in a single redeveloped building would qualify as “one residential house” for the...

Corpus Donation of ₹48.38 Lakh Received by Educational Trust from Multiple Donors Exempted u/s.11(1)(d) of Income Tax Act: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, held that the corpus donations received by the educational trust from different donors were eligible for exemption and directed the...