Judgement

The ITAT condoned a 34-day delay in filing appeals due to genuine health reasons and directed CIT(A) to decide the case on merits instead of dismissing it on technical grounds.

ITAT Grants Relief to Taxpayer, Condones 34-Day Delay in Filing Appeals

The Income Tax Appellate Tribunal (ITAT) Hyderabad has held that the tolerance band of 10% by the Finance Act, 2020 under Section 50C of the Income Tax Act, 1961 has retrospective application.

ITAT Grants Retrospective Benefit of 10% Tolerance Band under Section 50C And Deletes Capital Gain Addition

Articles

Taxpayers can now correct certain tax challan errors online through the e-filing portal.

Income Tax Dept Launches Online Challan Correction Facility for Taxpayers

The ITAT Nagpur condoned the delay in filing an appeal, accepting the taxpayer’s explanation and granting a fresh opportunity for adjudication before CIT(A).

Trust in CA Led to Delay: ITAT Restores Appeal After Accepting Taxpayer’s Explanation for Delay

The ITAT Hyderabad has quashed the reassessment proceedings for AY 2015-16, holding that the notice issued under Section 148 was barred by limitation.

Reassessment Notice Issued Beyond Limitation Period is Invalid, Rules ITAT

The ITAT held that reassessment proceedings under Section 147 of the Income Tax Act, 1961 are not sustainable where the statutory period for issuing notice under Section 143(2) had not expired.

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ITAT Grants Relief to Taxpayer, Condones 34-Day Delay in Filing Appeals

ITAT Grants Retrospective Benefit of 10% Tolerance Band under Section 50C And Deletes Capital Gain Addition

Income Tax Dept Launches Online Challan Correction Facility for Taxpayers

Trust in CA Led to Delay: ITAT Restores Appeal After Accepting Taxpayer’s Explanation for Delay

Reassessment Notice Issued Beyond Limitation Period is Invalid, Rules ITAT

ITAT Holds Reassessment Proceeding Is Invalid if Time Limit for Scrutiny under Section 143(2) Had Not Expired