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The Bombay High Court nullified a Rs. 22 crore income tax notice after discovering that tax officials had relied on three fake, AI-generated court rulings without verification.

Bombay High Court Quashes Rs. 22 Crore Tax Notice Based on Fake AI-Generated Judgments

Judgement

The tribunal also allowed the assessee to submit extra evidence and CIT(A) to get a remand report from the AO on the extra evidence submitted by the assessee.

ITAT Directs CIT(A) to Allow One More Opportunity for Hearing, Subject to Cost Payment

ITAT Ahmedabad deletes Rs. 1.02 crore addition after accepting that the loan was used for genuine business repayment.

ITAT Ahmedabad Quashes Rs. 1.02 Crore Loan Addition, Validates Business Transaction

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Depositing over Rs. 10 lakh in your bank account can trigger scrutiny from IT Dept. so always maintain clear proof of money’s source to avoid notices and penalties.

Red flags of bank Deposits that can invite Income Tax Notice

The ITAT Ahmedabad, in one of its orders, upheld a disallowance made by the assessing officer (AO) of subcontract expenses because the assessee company did not submit enough explanations and details.

ITAT Upholds Disallowance of Subcontract Expenses, Remands TDS Matter to AO

ITAT Ahmedabad sets aside interest disallowance after finding loan repayment details were ignored in a mutual fund investment case.

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Bombay High Court Quashes Rs. 22 Crore Tax Notice Based on Fake AI-Generated Judgments

ITAT Directs CIT(A) to Allow One More Opportunity for Hearing, Subject to Cost Payment

ITAT Ahmedabad Quashes Rs. 1.02 Crore Loan Addition, Validates Business Transaction

Red flags of bank Deposits that can invite Income Tax Notice

ITAT Upholds Disallowance of Subcontract Expenses, Remands TDS Matter to AO

ITAT Reverses Disallowance of Interest Expense, Rs. 7 Crore Loan Repayment Overlooked