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Procedural Lapse in Initial Proceedings u/s 148 of Income Tax nullifies Resultant Notices and Orders Automatically: ITAT [Read Order]

Saagarika Gopinath

In a recent ruling, the Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) nullified the notice issued under Section 148 of the Income Tax...

ITAT Sets Aside CIT(A) Order, Directs NFAC to Resolve Appeal Alongside Pending Assessment Matter...

ITAT Weekly Round Up

ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]

ITAT upholds NFAC Order for Recomputation of Income as ‘Capital Gains’ due to Improper...

NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]

The Income Tax Appellate Tribunal (ITAT), Visakhapatnam recently remanded a case dismissed in limine by the Commissioner of Income Taxes (Appeal) - National Faceless Appeals Centre (CIT(A)-NFAC) for...

Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]

The Surat bench of Income Tax Appellate Tribunal ( ITAT ) has directed to pass fresh income tax assessment order as the CIT(A) and AO passed ex-parte order. No physical notice for hearing or order...

Rs. 54.52 Lakh Unexplained Income from Sugar Sale: ITAT Directs Fresh Assessment of S.69 Income Tax Addition Amid Contradictory Claims [Read Order]

In a recent decision, the Income Tax Appellate Tribunal ( ITAT ) Bangalore directed a fresh assessment of a disputed addition of Rs. 54.52 lakh under Section 68 of the Income Tax Act 1961 ( ITA ) ...

COVID-19 prevented Assessee from complying with Income Tax Notices: ITAT quashes Penalty u/s 272A(1)(d) [Read Order]

The Income Tax Appellate Tribunal ( ITAT ) Pune Bench recently quashed a penalty under Section 272A(1)(d) of the Income Tax Act, 1961, citing COVID-19 as a valid reason for non-compliance with...

ITAT quashes Reassessment Order on Cash Deposits due to AO's Vague Reasoning and Non-Application of Mind [Read Order]

The Delhi Bench of Income Tax Appellate Authority ( ITAT ) quashed the reassessment order on cash deposits due to the assessing officer's vague reasoning and non-application of mind for reopening the...

SC Dismisses Rs. 5L Cost imposed by Allahabad HC against Income Tax Dept for Initiating Reassessment with Incorrect Information [Read Order]

The cost of Rs. 5 lakhs was dismissed by the Supreme Court which was imposed by the Allahabad High Court following the power abuse of the income tax department. The apex court condoned the delay,...

ITAT Remits Matter to AO for Reassessment as CIT(A) Sent Notices to Incorrect Email ID [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) remitted the matter to the Assessing Officer ( AO ) for reassessment after finding that the Commissioner of Income Tax(Appeals) [CIT(A)]...

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