Judgement

ITAT holds contingent income is not taxable before accrual; allows genuine project-related business expenditure.

ITAT: Contingent Income Cannot Be Taxed Until Enforceable Right To Receive Crystallises

Tribunal restores appeal after condoning delay caused by age, portal dependence, and recovery proceedings.

ITAT Restores Appeal After Condoning Delay Caused by Senior Citizen’s Accountant

ITAT remands matter after finding violation of natural justice in appellate proceedings.

ITAT Sets Aside Order for Denying Assessee Copy of Remand Report

The ITAT Mumbai quashes the reassessment order as invalid for failure to issue the mandatory Section 143(2) notice after filing the return in response to the Section 148 notice.

ITAT Quashes Reassessment for Failure to Issue Mandatory Section 143(2) Notice

The ITAT permits withdrawal of appeal after tax dues are paid and Revenue raises no objection.

ITAT Allows Withdrawal of Income Tax Appeal After Assessee Pays Tax Demand

The ITAT condones delay in appeal filing, citing consistency with earlier orders in the assessee’s own case and restores the matter for decision on merits.

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ITAT: Contingent Income Cannot Be Taxed Until Enforceable Right To Receive Crystallises

ITAT Restores Appeal After Condoning Delay Caused by Senior Citizen’s Accountant

ITAT Sets Aside Order for Denying Assessee Copy of Remand Report

ITAT Quashes Reassessment for Failure to Issue Mandatory Section 143(2) Notice

ITAT Allows Withdrawal of Income Tax Appeal After Assessee Pays Tax Demand

ITAT Condones Decade-Long Delay Citing Consistency in Appellate Proceedings