Judgement

Tribunal holds consequential assessment void after Section 263 order is quashed, without examining deduction merits.

ITAT Holds Section 263 Assessment Cannot Survive After Revision Order Is Quashed.

ITAT rules CPC cannot disallow Section 80P deduction through summary processing or rectification.

ITAT holds donations cannot be fully taxed without verifying allowable expenditure under normal provisions.

ITAT accepts marriage gifts and savings as valid source for demonetisation cash deposits.

ITAT rules CHA reimbursements cannot be taxed under Section 69A without proving ownership of funds.

ITAT holds Form 26AS mismatch alone cannot justify addition where income was already accounted for in the correct year.