Judgement

The ITAT Mumbai has upheld the validity of proceedings initiated under Section 153C of the Income Tax Act and rejected the assessee's jurisdictional objections.

ITAT Holds Earlier Coordinate Bench Ruling Binding on Commission Estimation While Upholding Validity of Search Assessment Proceedings

ITAT condoned a four-year delay in filing a tax appeal, holding that the taxpayer’s bona fide pursuit of an alternative remedy constituted sufficient cause.

ITAT Condones Delay as Taxpayer Pursued Alternative Remedy Under Bona Fide Belief

The ITAT restored six tax appeals for fresh adjudication, holding that the taxpayer deserved a hearing on merits while imposing a Rs 50,000 cost for each appeal.

ITAT Grants Second Opportunity, Restores Six Appeals After Rs 50,000 Cost for Non-Appearance Before Tax Authorities

The ITAT held that observations recorded by authority during a lawful inquiry cannot be erased merely because the assessee later withdraws its application.

ITAT Holds Assessee Cannot Seek Removal of Observations Made During Statutory Inquiry After Withdrawing Registration Application

ITAT Bengaluru remands Gowdalli V.S.S. Bank’s Rs 11.46 lakh Section 80P interest income deduction claim for fresh examination by the Assessing Officer.

Section 80P Claim: ITAT Orders Fresh Review of Rs 11.46 Lakh Interest Income Deduction

The ITAT Bangalore restores the foreign tax credit claim after condoning a 1,933-day delay and directs the AO to verify documents and grant relief.

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ITAT Holds Earlier Coordinate Bench Ruling Binding on Commission Estimation While Upholding Validity of Search Assessment Proceedings

ITAT Condones Delay as Taxpayer Pursued Alternative Remedy Under Bona Fide Belief

ITAT Grants Second Opportunity, Restores Six Appeals After Rs 50,000 Cost for Non-Appearance Before Tax Authorities

ITAT Holds Assessee Cannot Seek Removal of Observations Made During Statutory Inquiry After Withdrawing Registration Application

Section 80P Claim: ITAT Orders Fresh Review of Rs 11.46 Lakh Interest Income Deduction

ITAT Condones 1,933-Day Delay in Foreign Tax Credit Dispute, Says Genuine Delay Should Not Defeat Lawful Relief