Judgement

ITAT Holds Section 270A Penalty Not Leviable Where Income Is Fully Disclosed but Offered Under Incorrect Head

Wrong Head of Income Is Not Misreporting: ITAT Quashes Rs. 2.48 Crore Penalty

High Court Upholds Disallowance of Rent Where Excise Licence for New Premises Was Granted Only in Subsequent Year

Rent Paid for Unlicensed Business Premises Not Deductible Until Statutory Permission Granted

ITAT rules Section 148 reassessment proceedings as invalid after holding that notices issued by the Jurisdictional Assessing Officer violated the mandatory faceless reassessment scheme.

ITAT Quashes Section 148 Reassessment Orders Issued by JAO After Faceless Scheme CBDT Notification

ITAT Hyderabad condoned a 96-day delay due to genuine reasons and remanded the case to CIT(A) for a decision on merits, allowing the appeal for statistical purposes.

ITAT Condones 96-Day Delay, Sends Case Back to CIT(A) for Decision on Merits

ITAT quashed the reassessment as illegal due to invalid and unsigned approval under Section 151, thereby setting aside the Section 148 notice and all additions.

ITAT Bangalore Sets Aside Rs. 2.17 Crore Cash Deposit Reassessment for Jurisdictional Lapse

Statements of Employees Recorded 10 Years Later and Field Enquiry in 2023 Cannot Render Genuine Pre-Merger Purchases Bogus

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Wrong Head of Income Is Not Misreporting: ITAT Quashes Rs. 2.48 Crore Penalty

Rent Paid for Unlicensed Business Premises Not Deductible Until Statutory Permission Granted

ITAT Quashes Section 148 Reassessment Orders Issued by JAO After Faceless Scheme CBDT Notification

ITAT Condones 96-Day Delay, Sends Case Back to CIT(A) for Decision on Merits

ITAT Bangalore Sets Aside Rs. 2.17 Crore Cash Deposit Reassessment for Jurisdictional Lapse

ITAT Deletes Entire Disallowance on Alleged Non-Genuine Purchases of Merged Subsidiary