Judgement

The ITAT Delhi holds CIT(A) failed to properly examine lenders’ creditworthiness and additional evidence.


ITAT Remands Rs 6.50 Crore Section 68 Loan Addition for Fresh Investigation

ITAT condoned a 2,027-day delay and remanded Section 10(26AAA) Sikkim Old Settler exemption dispute for fresh adjudication by the AO.

ITAT Remands Rs 1.83 Crore Section 10(26AAA) Sikkim Old Settler Tax Exemption Dispute After Condoning 2,027-Day Delay

ITAT Pune deleted a Rs 11.78 lakh Section 69A addition after accepting retirement benefits, agricultural income and small loans as sufficient sources for the cash deposits.

ITAT Grants Major Relief to Retired Maharashtra Government Employee, Deletes Rs 11.78 Lakh Unexplained Cash Addition Under Section 69A

News

CBDT has extended the ITR filing deadline for taxpayers subject to audit to November 21, 2026, and the tax audit report deadline to October 21, 2026, for AY 2026-27.

CBDT Extends Income Tax Return and Tax Audit Report Filing Deadlines for AY 2026-27

ITAT remands Rs 4.90 crore depreciation disallowance dispute to CIT(A), directing fresh adjudication after considering the assessee’s natural justice grievance.

Natural Justice Breach: ITAT Sets Aside CIT(A)'s Order, Remands Rs 4.90 Crore Depreciation Dispute

ITAT quashes reassessment, holding that an anonymous and unverified TEP cannot justify Section 148 proceedings without independent verification and credible supporting material.

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ITAT Remands Rs 6.50 Crore Section 68 Loan Addition for Fresh Investigation

ITAT Remands Rs 1.83 Crore Section 10(26AAA) Sikkim Old Settler Tax Exemption Dispute After Condoning 2,027-Day Delay

ITAT Grants Major Relief to Retired Maharashtra Government Employee, Deletes Rs 11.78 Lakh Unexplained Cash Addition Under Section 69A

CBDT Extends Income Tax Return and Tax Audit Report Filing Deadlines for AY 2026-27

Natural Justice Breach: ITAT Sets Aside CIT(A)'s Order, Remands Rs 4.90 Crore Depreciation Dispute

ITAT Strikes Down Reassessment Based on Anonymous TEP, Says AO Must Independently Verify Allegations Before Invoking Section 148