Judgement

The Tribunal agreed with the contentions of the assessee, observing that the Provisions of Section 151A, which deal with faceless assessment, were notified from 29.03.2022 and the assessee's case was assumed earlier.

ITAT Quashes Faceless Assessment Proceedings Over Lack of Jurisdiction by NFAC

The ITAT remanded the case after holding that the AO wrongly relied on website-based property rates without considering the DVO’s report.

ITAT Sets Aside Order Over AO's Reliance on Website-Based Property Rates

The ITAT held that cash deposits cannot be treated as unexplained merely because they were made in a bank account linked to an old PAN.

Cash Deposits Cannot Be Treated as Unexplained Merely Due to Use of Old PAN: ITAT

ITAT condoned a 425-day delay on genuine medical grounds and remanded the case to the AO for fresh consideration.

Medical Reasons Accepted: ITAT Grants Relief by Condoning 425-Day Delay

Notifications

This corrigendum does not introduce any new rules, but it only corrects mistakes such as wrong references, spelling errors, typing errors, numbering and formatting issues.

CBDT corrects 76 mistakes in New Income Tax Rules 2026 [Read Notification]

The ITAT held that reassessment proceedings are invalid if no mandatory notice under Section 143(2) is issued after filing ITR in response to Section 148 notice.

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ITAT Quashes Faceless Assessment Proceedings Over Lack of Jurisdiction by NFAC

ITAT Sets Aside Order Over AO's Reliance on Website-Based Property Rates

Cash Deposits Cannot Be Treated as Unexplained Merely Due to Use of Old PAN: ITAT

Medical Reasons Accepted: ITAT Grants Relief by Condoning 425-Day Delay

CBDT corrects 76 mistakes in New Income Tax Rules 2026 [Read Notification]

Reassessment Proceedings Are Invalid Without Section 143(2) Notice, Says ITAT