Judgement

ITAT held penalty under Section 271(1)(c) not leviable where revised return filed within time was accepted without additions.

ITAT Deletes Rs 28.53 Lakh Penalty for Voluntary Income Revision u/s 271(1)(c)

ITAT affirms CIT(A) order deleting Rs. 69.48 Cr 14A disallowance and MAT adjustment as own funds exceeded investments; AO failed 14A(2) test

ITAT Quashes Rs 69.48 Cr Addition under Section 14A Disallowance for Lack of AO’s Satisfaction & Ample Own Funds

Articles

Taxpayers can file a belated return if they have missed the original due date of filing a return

Belated Return: Know Meaning, Due Date, and Limitations

ITAT deletes Rs. 11.17 crore ESOP & ISOP disallowance, holding expenditure as deductible under Section 37(1) being wholly and exclusively for business purposes.

ITAT Deletes Rs 11.17 Crore ESOP & ISOP Disallowance, Allows Claim as Revenue Expenditure

Understand the Form 10-IEA requirement and regime switch rules for FY 2024-25. How Form 10-IEA applicability different from previous financial year.

CA shares Income Tax Form 10-IEA Filing Guide amid ITR Filing season

Appeal revived by ITAT; CIT(A) directed to decide on merits after hearing

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ITAT Deletes Rs 28.53 Lakh Penalty for Voluntary Income Revision u/s 271(1)(c)

ITAT Quashes Rs 69.48 Cr Addition under Section 14A Disallowance for Lack of AO’s Satisfaction & Ample Own Funds

Belated Return: Know Meaning, Due Date, and Limitations

ITAT Deletes Rs 11.17 Crore ESOP & ISOP Disallowance, Allows Claim as Revenue Expenditure

CA shares Income Tax Form 10-IEA Filing Guide amid ITR Filing season

ITAT Restores Appeal to CIT(A) for Fresh Adjudication After Ex-Parte Dismissal