Judgement

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

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

Accumulated income under Section 11(2) held validly applied where expenditure is wholly towards charitable educational purposes

ITAT Delhi dismisses Revenue appeal and partly allows assessee’s cross objection, quashing reassessment on jurisdictional and sanction defects

ITAT Quashes Reassessment as AO Made New Addition Without Assessing Escaped Income Cited in Reasons for Reopening