Judgement

ITAT remands the double disallowance issue to AO, rejects CIT(A)’s view on the doctrine of merger, and allows the assessee’s appeal.

Doctrine of Merger Not Applicable: Orders u/s 143(1) and 154 Separately Appealable

The tribunal directs consequential relief under Section 143(3) as jurisdictional High Court sets aside CPC’s ICDS addition

ITAT Deletes Rs. 1,284.66 Crore ICDS Adjustment After  HC Quashes 143(1) Intimation

Articles

Pending income tax refunds have finally started being credited to taxpayers accounts after weeks of delay, bringing much-needed relief.

Big Relief for Taxpayers: Pending Income Tax Refunds Finally Released After Months of Delay

News

A large number of taxpayers have received long-pending income tax refunds in the last two days as refund processing speeds up after earlier delays due to additional verification checks.

Large Number of Taxpayers Receive Pending Income Tax Refunds in Two Days, Say CAs

ITAT deleted Rs. 35.22 lakh addition after holding that demonetisation cash deposits were genuine and backed by recorded retail sales and sufficient cash balance.

ITAT deletes Demonetisation Addition on regular cash sales recorded in books and VAT returns

Voluntary donations made to the registered charitable trusts under Section 80G can be claimed as deductions, even if they are made as a part of CSR obligations.

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Doctrine of Merger Not Applicable: Orders u/s 143(1) and 154 Separately Appealable

ITAT Deletes Rs. 1,284.66 Crore ICDS Adjustment After HC Quashes 143(1) Intimation

Big Relief for Taxpayers: Pending Income Tax Refunds Finally Released After Months of Delay

Large Number of Taxpayers Receive Pending Income Tax Refunds in Two Days, Say CAs

ITAT deletes Demonetisation Addition on regular cash sales recorded in books and VAT returns

CSR Donations to Registered Trusts Eligible for Section 80G Deduction: ITAT