Judgement

The ITAT Chennai held that additions under the Income Tax Act cannot be sustained solely on the basis of entries found in electronic records or books maintained by a third party.

ITAT Holds Entries in Third-Party Electronic Records Cannot by Themselves Establish Undisclosed Income 

ITAT directs the CIT(E), Chennai to issue a fresh and complete Form 10AD after the absence of a Unique Registration Number created difficulties in claiming Section 11 exemption.

ITAT Directs Fresh Section 12AB Registration Certificate After Missing URN Creates Exemption Issues

The ITAT remanded the Rs 1.27 crore reassessment and related penalty proceedings to the Assessing Officer, granting the assessee another opportunity to submit supporting evidence.

No Fair Opportunity Given? ITAT Sends Rs 1.27 Crore Tax Addition Dispute Back for Fresh Consideration

The ITAT restored appeals, holding that the CIT(A) cannot dismiss income tax appeals solely for non-prosecution without deciding them on merits.

ITAT Restores Taxpayer's Appeals; Rules CIT(A) Cannot Dismiss Tax Cases Solely for Non-Prosecution Without Deciding Merits

The ITAT Bangalore held that Section 199 of the Income Tax Act, read with Rule 37BA of the Income Tax Rules, mandates that TDS credit should follow the income.

ITAT Holds Individual Cannot Claim TDS Credit When Corresponding Income is Offered to Tax by Partnership Firm

The Delhi ITAT upheld the reopening of assessment but remanded the Rs 54.10 lakh partners’ capital waiver dispute to the AO for fresh examination.

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ITAT Holds Entries in Third-Party Electronic Records Cannot by Themselves Establish Undisclosed Income

ITAT Directs Fresh Section 12AB Registration Certificate After Missing URN Creates Exemption Issues

No Fair Opportunity Given? ITAT Sends Rs 1.27 Crore Tax Addition Dispute Back for Fresh Consideration

ITAT Restores Taxpayer's Appeals; Rules CIT(A) Cannot Dismiss Tax Cases Solely for Non-Prosecution Without Deciding Merits

ITAT Holds Individual Cannot Claim TDS Credit When Corresponding Income is Offered to Tax by Partnership Firm

ITAT Remands Rs 54.10 Lakh Dispute Over Waived-Off Partners’ Capital for Fresh Examination