Judgement

The Tribunal held that the order dated 02.03.2022 is bad in law and the adjustment made in the order issued under Section 154 is beyond the scope of the provisions of Section 154.

ITAT Quashes Rectification Order for Being Beyond the Scope of Section 154

News

IT Dept has withdrawn its long-pending Rs. 8,500 crore transfer pricing case against Vodafone India, ending a decade-old tax dispute after years of legal inactivity.

Income Tax Department Withdraws Rs. 8,500 Crore Tax Case Against Vodafone India

The ITAT Delhi allows the appeal, holding that salary disallowance and additions based on uncertified WhatsApp chats are unjustified and lack proper evidentiary support.

Income Tax Addition Based on WhatsApp Messages Invalid: ITAT

ITAT Delhi upheld the deletion of Rs. 8.3 crore addition, ruling that cash deposits during demonetisation were linked to genuine sales and not unexplained income.

Cash Deposits During Demonetisation Not Taxable when Books & Stock Are Intact: ITAT

The ITAT also agreed with the assessee that the intimation under section 143(1) was issued beyond the 9-month limit.

ITAT Quashes Time-Barred ITR Intimation Under Section 143(1) Issued by CPC

The ITAT Delhi ruled in favour of the assessee, allowing exemption under Section 11 despite a delay in filing the audit report, considering it a rectifiable error.

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ITAT Quashes Rectification Order for Being Beyond the Scope of Section 154

Income Tax Department Withdraws Rs. 8,500 Crore Tax Case Against Vodafone India

Income Tax Addition Based on WhatsApp Messages Invalid: ITAT

Cash Deposits During Demonetisation Not Taxable when Books & Stock Are Intact: ITAT

ITAT Quashes Time-Barred ITR Intimation Under Section 143(1) Issued by CPC

ITAT Allows Exemption u/s 11 Despite Delay in Filing Audit Report Citing Income Tax Circular