Judgement

ITAT held that the Income Tax Department adopted the wrong legal procedure by reopening the assessments under Section 147 instead of proceeding under Section 153C.

ITAT Quashes Section 147 Reassessment Proceedings, Holds Income Tax Dept Must Follow Section 153C After Third-Party Search

The ITAT Delhi holds reassessment invalid where additions were made on different issues than recorded under Section 148A 



ITAT Quashes Reassessment as AO Made Additions on Issues Unrelated to Reasons  Under Section 148A

The ITAT Delhi found that ex parte orders were passed without examining the assessee's plea. 


ITAT Remands Unexplained Money Addition As PAN and Identity Were Fraudulently Misused

ITAT held that SBI cannot be treated as an assessee in default for non-deduction of TDS on foreign LTC reimbursements made in compliance with the Madras High Court's interim order.

ITAT Deletes TDS Demand Against SBI on Foreign LTC Reimbursements, Cites Madras High Court Interim Order

News

The CBI has charge sheeted a Pulwama-based firm owner and an Axis Bank Deputy Manager for their alleged role in a Rs 1.6 crore digital arrest scam targeting a Delhi senior citizen.

Delhi Senior Citizen Duped of Rs 1.6 Crore: CBI Files Charge Sheet in Digital Arrest Case

ITAT deleted a Rs 43.04 lakh addition against a jeweller after finding no evidence to support the IT Department's allegation of unaccounted gold purchases.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Quashes Section 147 Reassessment Proceedings, Holds Income Tax Dept Must Follow Section 153C After Third-Party Search

ITAT Quashes Reassessment as AO Made Additions on Issues Unrelated to Reasons Under Section 148A

ITAT Remands Unexplained Money Addition As PAN and Identity Were Fraudulently Misused

ITAT Deletes TDS Demand Against SBI on Foreign LTC Reimbursements, Cites Madras High Court Interim Order

Delhi Senior Citizen Duped of Rs 1.6 Crore: CBI Files Charge Sheet in Digital Arrest Case

ITAT Deletes Rs 43.04 Lakh Tax Addition, Says Mere Third-Party Records Cannot Establish Unaccounted Purchases