Articles

The Tribunal quashed the reassessment, as it was based on a change of opinion and not any independent verification

Reopening Based on Change of Opinion and Without New Material is Bad in Law: ITAT

Judgement

The ITAT Kolkata ruled that employees cannot be held liable for TDS not deposited by the employer and granted full relief to the Ex-Byju’s CFO.

Employer’s Lapse Cannot Burden Employee, Says ITAT in Ex-Byju’s CFO Case

ITAT Kolkata rules that employees cannot be penalised for the employer’s failure to deposit deducted TDS and orders full TDS credit to the taxpayer.

Employee Cannot Be Penalised If Employer Fails To Deposit TDS, Says ITAT Kolkata

ITAT rules that cash deposits made during demonetisation were fully supported by recorded withdrawals of assessee and late mother; rejects additions based on suspicion and deletes ₹59.39 lakh.

ITAT Deletes Entire Rs. 59.39 Lakh Demonetisation Addition After Finding Cash Withdrawals Fully Supported

Tribunal remands matter after assessee furnishes new evidence to support exemption claim on farmhouse investment.

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

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Reopening Based on Change of Opinion and Without New Material is Bad in Law: ITAT

Employer’s Lapse Cannot Burden Employee, Says ITAT in Ex-Byju’s CFO Case

Employee Cannot Be Penalised If Employer Fails To Deposit TDS, Says ITAT Kolkata

ITAT Deletes Entire Rs. 59.39 Lakh Demonetisation Addition After Finding Cash Withdrawals Fully Supported

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

Major Tax Changes for FY 2025-26: Know How New Rules Will Benefit You