Judgement

ITAT Delhi dismisses assessee’s appeal, upholding Rs. 2.25 lakh penalty for cash received on property sale in violation of Section 269SS.

ITAT Upholds Rs. 2.25 Lakh Penalty Levied for Section 269SS Violation in Immovable Cash Property Sale

News

The Supreme Court of India has rejected the Income Tax Authority's appeal regarding the disallowance of general licensing fees for various financial years amounting to Rs 101.21 crore.

Nestlé India Wins Rs 101.21 Crore Tax Case as Supreme Court Rejects Revenue’s Appeal

Since the approval granted by the JCIT, the present case was without the independent application of mind, quashed the assessments for all five years and allowed the appeals partly.

ITAT Delhi Quashes Assessments Due to JCIT's Mechanical Approval Under Section 153D

ITAT held that notices were not properly served and no effective hearing was given by CIT(A), set aside ex-parte orders and remanded all appeals for fresh adjudication.

ITAT Grants Relief to NRI Senior Citizen by Quashing Ex-Parte Orders; Remands Case for Fresh Adjudication

Considering the interest of justice, the ITAT restored the matter to CIT(A) for fresh adjudication and directed the assessee to fully cooperate in the appellate proceedings.

ITAT Delhi Remands Matter to CIT(A) for Fresh Hearing Citing Natural Justice

ITAT remanded the case to the AO after holding that reliance on an undisclosed Inspector’s report violated principles of natural justice.

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ITAT Upholds Rs. 2.25 Lakh Penalty Levied for Section 269SS Violation in Immovable Cash Property Sale

Nestlé India Wins Rs 101.21 Crore Tax Case as Supreme Court Rejects Revenue’s Appeal

ITAT Delhi Quashes Assessments Due to JCIT's Mechanical Approval Under Section 153D

ITAT Grants Relief to NRI Senior Citizen by Quashing Ex-Parte Orders; Remands Case for Fresh Adjudication

ITAT Delhi Remands Matter to CIT(A) for Fresh Hearing Citing Natural Justice

ITAT Sets Aside Rs. 73.50 Lakh Share Capital Addition Over Violation of Natural Justice