Judgement

The CPC passed fresh rectification order and allows remuneration claim after rectification


ITAT Ahmedabad Allows Partner Remuneration Deduction Under Section 40(b) 

The ITAT Bangalore holds Substantial Justice must prevail over procedural delay 


ITAT Restores Appeal Against Section 154 Rectification Order for Fresh Adjudication

The ITAT dismissed the assessee's appeal as withdrawn after the Assessing Officer's Section 154 rectification order granted the relief sought, leaving no surviving grievance for adjudication.

ITAT Dismisses Appeal as Withdrawn After AO's Section 154 Rectification Grants Complete Relief to Taxpayer

News

Rectification order reduces tax adjustments, while appeal on assessment merits continues before the CIT(A).

Jubilant Generics Gets Rs 65.48 Crore Relief as Income Tax Rectification Cuts AY 2023-24 Tax Adjustment

The ITAT quashes rectification order, holding Section 154 cannot review appellate decisions without hearing the assessee.

ITAT Quashes CIT(A)'s Rectification Order Passed Without Notice, Restores Relief on Land Acquisition Interest

Barbeque Nation received tax relief after the Income Tax Department withdrew its entire demand of Rs 8.63 crore. The company is also appealing a Rs 2.78 crore income addition.

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ITAT Ahmedabad Allows Partner Remuneration Deduction Under Section 40(b)

ITAT Restores Appeal Against Section 154 Rectification Order for Fresh Adjudication

ITAT Dismisses Appeal as Withdrawn After AO's Section 154 Rectification Grants Complete Relief to Taxpayer

Jubilant Generics Gets Rs 65.48 Crore Relief as Income Tax Rectification Cuts AY 2023-24 Tax Adjustment

ITAT Quashes CIT(A)'s Rectification Order Passed Without Notice, Restores Relief on Land Acquisition Interest

Barbeque Nation Gets Rs 8.63 Crore Tax Demand Withdrawn After Rectification Order