Judgement

ITAT condones a 205-day delay and remands the Section 80G approval matter to the CIT (Exemption) for fresh consideration after a dispute over the application provision.

ITAT Sends Section 80G Approval Matter Back to CIT (Exemption) for Fresh Consideration After Finding Application Issue Requires Re-examination

ITAT deletes Section 56(2)(vii)(b) addition, holding that the 6.2% difference between the stamp duty value and actual property purchase price falls within the permissible 10% tolerance limit.

ITAT Deletes Section 56(2)(vii)(b) Addition on Property Purchase, Holds Property Price Difference Within 10% Tolerance Limit

ITAT set aside the CIT(A) order, giving the taxpayer a fresh opportunity to explain the source of the Rs 20.90 lakh property investment.

Rs 20.90 Lakh Property Investment Dispute: ITAT Pune Sets Aside CIT(A) Order, Gives Taxpayer Fresh Chance to Prove Source

News

RTCA requests income tax authorities to extend the due date for furnishing Tax Audit Reports and Forms 10B/10BB for Assessment Year (AY) 2026-27 to October 31, 2026.

RTCA Urges Government to Extend Due Date for Filing Tax Audit Reports and Forms 10B/10BB for AY 2026-27 Until Oct 31

The ITAT Ahmedabad held that PCIT Cannot Invoke Section 263 Merely Because Assessment Order Is Silent.

ITAT Sets Aside Section 263 Revision Where AO Had Examined Deduction Claim Under Section 57

The ITAT Bangalore upholds disallowance of Rs 12.28 lakh March 2016 salary claimed in AY 2017-18 under mercantile accounting.

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ITAT Sends Section 80G Approval Matter Back to CIT (Exemption) for Fresh Consideration After Finding Application Issue Requires Re-examination

ITAT Deletes Section 56(2)(vii)(b) Addition on Property Purchase, Holds Property Price Difference Within 10% Tolerance Limit

Rs 20.90 Lakh Property Investment Dispute: ITAT Pune Sets Aside CIT(A) Order, Gives Taxpayer Fresh Chance to Prove Source

RTCA Urges Government to Extend Due Date for Filing Tax Audit Reports and Forms 10B/10BB for AY 2026-27 Until Oct 31

ITAT Sets Aside Section 263 Revision Where AO Had Examined Deduction Claim Under Section 57

ITAT Upholds Addition for Unsubstantiated Hawkers’ Cash Advances