Judgement

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

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

Reopening under Sections 148A(d) and 148 held invalid where identical issue was examined and accepted in original scrutiny assessment

HC Quashes Reassessment on Change of Opinion in Section 56(2)(x) Property Valuation Case

High Court holds that corporate advertisement expenses are allowable as revenue expenditure

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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

HC Quashes Reassessment on Change of Opinion in Section 56(2)(x) Property Valuation Case

Advertisement Spend Is Revenue, Not Capital: Gujarat HC Dismisses Revenue’s Appeal