Judgement

The ITAT Delhi held that Notice under Section 153C issued after April 1, 2021 is without jurisdiction

ITAT Quashes Section 153C Assessment as Notice Issued for Non-Existing Provision

ITAT Delhi quashes Section 153C assessment, holding that delayed recording of satisfaction invalidated the assumed jurisdiction.

ITAT Quashes Section 153C Assessment Over Delayed Satisfaction Note

ITAT allows Rs 1.48 crore interest paid to a developer as part of property acquisition cost while remanding the Section 54 deduction claim for fresh verification.

Rs 1.48 Crore Interest on Delayed Property Payments Qualifies as Cost of Acquisition: ITAT Delhi

The ITAT Delhi quashes section 153C assessments against Mahavir Fincon, Raghav Agrawal as barred by limitation



Limitation for Section 153C Assessment Begins from Date of Transfer of Records Under Section 127

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. 


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ITAT Quashes Section 153C Assessment as Notice Issued for Non-Existing Provision

ITAT Quashes Section 153C Assessment Over Delayed Satisfaction Note

Rs 1.48 Crore Interest on Delayed Property Payments Qualifies as Cost of Acquisition: ITAT Delhi

Limitation for Section 153C Assessment Begins from Date of Transfer of Records Under Section 127

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