Judgement

Mumbai ITAT Upholds Denial of 80G Deduction on CSR Spend, Deletes Section 69A Addition.

ITAT Deletes Excess Stock Additions but Upholds CSR Disallowance under Section 80G

ITAT condoned the delay in Section 80G renewal and allowed the appeal, holding that the late filing caused by the delayed grant of approval was a genuine and valid reason.

ITAT Allows Section 80G Renewal Application Where Delay Was Due to Late Grant of Approval

ITAT Rules DTH Operators Are Broadcasters, Not Telecom Service Providers; Variable Licence Fees and Interest Provision Fully Deductible

ITAT Clarifies: DTH Services Outside Telecom Definition, Licence Fee Allowed

ITAT Holds Beyond Six-Year Block Under Section 153C; Assessment Declared Null and Void Following Supreme Court and Delhi HC Rulings

Search on Third Party Can’t Stretch Limitation: ITAT Quashes 153C Order

ITAT Holds SEB Tariffs as Proper Benchmark for Section 80-IA Deductions and Deletes Double Disallowances and Excess Corporate Guarantee Adjustments

ITAT Rejects IEX Rates for Captive Power and Orders Correction of AO’s Computational Errors

Tribunal Upholds 0.25% Corporate Guarantee Fee as Arm’s Length and Allows Employee Welfare School Donation as Business Expenditure

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ITAT Deletes Excess Stock Additions but Upholds CSR Disallowance under Section 80G

ITAT Allows Section 80G Renewal Application Where Delay Was Due to Late Grant of Approval

ITAT Clarifies: DTH Services Outside Telecom Definition, Licence Fee Allowed

Search on Third Party Can’t Stretch Limitation: ITAT Quashes 153C Order

ITAT Rejects IEX Rates for Captive Power and Orders Correction of AO’s Computational Errors

ITAT Rules Sale of Carbon Credits as Non-Taxable Capital Receipt; Deletes Major Additions