Judgement

The ITAT held that a mere mismatch in a trade creditor's closing balance cannot justify an addition under Section 68 when the purchases, sales, and closing stock have already been accepted by the AO.

Mere Difference in Trade Creditor Closing Balance Cannot Justify Section 68 Addition When Purchases Are Accepted, Rules ITAT

The ITAT has upheld the disallowance of delayed employees' PF/ESI contributions under Section 143(1), ruling that CPC can make such adjustments while processing income tax returns.

Delayed PF/ESI Deposits Can Be Disallowed During ITR Processing, Holds ITAT

The ITAT Delhi remands Section 11 exemption case after the tax authorities fails to prove that educational institute engaged in trade or commercial activities.

ITAT Remands Section 11 Exemption Case After Revenue Fails to Prove Taxpayer's Engagement in Commercial Activity

The ITAT Mumbai deleted the Rs 7 lakh addition under Section 69A, holding that credible evidence and consistent explanations outweigh mere suspicion in unexplained cash cases.

ITAT Deletes Rs 7 Lakh Section 69A Addition, Says Suspicion Alone Cannot Replace Proof

ITAT dismisses Revenue’s appeal after AO’s remand report found no defects in assessee’s supporting evidence.

No Addition Sustainable Without Adverse Findings in Remand Report: ITAT

The HC dismissed a writ petition challenging personal tax recovery under Section 179, holding that adequate protection had already been granted by directing authorities to first recover dues from the company.

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Mere Difference in Trade Creditor Closing Balance Cannot Justify Section 68 Addition When Purchases Are Accepted, Rules ITAT

Delayed PF/ESI Deposits Can Be Disallowed During ITR Processing, Holds ITAT

ITAT Remands Section 11 Exemption Case After Revenue Fails to Prove Taxpayer's Engagement in Commercial Activity

ITAT Deletes Rs 7 Lakh Section 69A Addition, Says Suspicion Alone Cannot Replace Proof

No Addition Sustainable Without Adverse Findings in Remand Report: ITAT

Tax Recovery Must First Target Company: High Court Finds Existing Protection Sufficient and Dismisses Plea