Judgement

The ITAT Delhi allows the appeal, holding that salary disallowance and additions based on uncertified WhatsApp chats are unjustified and lack proper evidentiary support.

Income Tax Addition Based on WhatsApp Messages Invalid: ITAT

ITAT Delhi upheld the deletion of Rs. 8.3 crore addition, ruling that cash deposits during demonetisation were linked to genuine sales and not unexplained income.

Cash Deposits During Demonetisation Not Taxable when Books & Stock Are Intact: ITAT

The ITAT also agreed with the assessee that the intimation under section 143(1) was issued beyond the 9-month limit.

ITAT Quashes Time-Barred ITR Intimation Under Section 143(1) Issued by CPC

The ITAT Delhi ruled in favour of the assessee, allowing exemption under Section 11 despite a delay in filing the audit report, considering it a rectifiable error.

ITAT Allows Exemption u/s 11 Despite Delay in Filing Audit Report Citing Income Tax Circular

The Tribunal observed that the note had terms like "approximate" and "projection", and "estimation" mentioned on it, and it did not provide any solid proof showing actual income or sales.

Income Tax Addition Based on Rough Paper Not Valid: ITAT

The Income Tax Appellate Tribunal (ITAT) Ahmedabad has upheld the addition of Rs. 1.5 crore as capital gains tax on a land sale, rejecting the assessee’s claims.

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Income Tax Addition Based on WhatsApp Messages Invalid: ITAT

Cash Deposits During Demonetisation Not Taxable when Books & Stock Are Intact: ITAT

ITAT Quashes Time-Barred ITR Intimation Under Section 143(1) Issued by CPC

ITAT Allows Exemption u/s 11 Despite Delay in Filing Audit Report Citing Income Tax Circular

Income Tax Addition Based on Rough Paper Not Valid: ITAT

ITAT Ahmedabad Upholds Rs. 1.5 Crore Capital Gains Tax on Land Sale, Rejects Assessee's Appeal