Judgement

ITAT deleted Rs.1.08 crore cash deposit addition after holding that an assessment framed as an AOP cannot stand when reopening was initiated in the name of an individual.

ITAT Holds Reassessment Invalid for Changing Status from Individual to AOP; Quashes Rs. 1.08 Crore Addition

Penalties under Sections 270A and 271AAC cannot survive independently when the underlying reassessment itself has been remanded to the AO

ITAT Sends Back Penalty Proceedings After Quantum Assessment Is Set Aside

Reassessment under Section 147 struck down where AO relied solely on Insight Portal inputs without linking assessee to price manipulation

ITAT Quashes Reopening Based on “Borrowed Satisfaction” in LTCG Accommodation Entry Case

Assessee fails to prove 2004 agreement for sale, but ITAT holds that Assessing Officer must refer valuation to DVO when stamp value is disputed

ITAT Orders DVO Reference in Section 50C Land Sale Case; Rejects Backdated Agreement Claim

ITAT dismissed the tax department’s appeal for AY 2018-19, upholding the deletion of Rs. 2.13 crore Section 14A disallowance on mutual fund investments.

ITAT Delhi Upholds Deletion of Rs. 2.13 Crore Section 14A Disallowance on Mutual Fund Investments

Additions under Sections 69 and 69C set aside as digital evidence lacked valid chain of custody and legal sanctity under Section 65B of the Evidence Act

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ITAT Holds Reassessment Invalid for Changing Status from Individual to AOP; Quashes Rs. 1.08 Crore Addition

ITAT Sends Back Penalty Proceedings After Quantum Assessment Is Set Aside

ITAT Quashes Reopening Based on “Borrowed Satisfaction” in LTCG Accommodation Entry Case

ITAT Orders DVO Reference in Section 50C Land Sale Case; Rejects Backdated Agreement Claim

ITAT Delhi Upholds Deletion of Rs. 2.13 Crore Section 14A Disallowance on Mutual Fund Investments

ITAT Rejects WhatsApp Image Evidence; Rs. 2 Cr Cash Addition in Property Deal Quashed