Judgement

ITAT directs AO to verify the Rs 10.58 lakh payment and delete Section 43B disallowance if the amount was paid before the ITR filing due date.

Genuine Tax Claims Cannot Be Denied Due to Bona Fide Form 3CD Error, ITAT Sets Aside Section 43B Disallowance

ITAT remands Rs 12.50 lakh Section 69B ‘on-money’ addition to CIT(A) for fresh adjudication after finding inadequate opportunity was given to the assessee.

ITAT Remands Rs 12.50 Lakh Section 69B ‘On-Money’ Addition to CIT(A) for Fresh Adjudication

ITAT condoned a 453-day delay, set aside the CIT(A) order and remanded the tax appeal for fresh hearing on merits.

ITAT Finds Sufficient Cause for 453-Day Delay, Remands Tax Appeal to CIT(A) for Fresh Hearing

ITAT condoned the 34-day appeal delay and remanded the AY 2013-14 tax dispute to the AO for fresh assessment, subject to a Rs 50,000 PM Relief Fund payment.

ITAT Remands Dispute of Addition Solely Based on Third-Party Statement and Without Establishing Any Nexus for Fresh Adjudication

The ITAT Bangalore holds that failure to furnish recorded reasons despite assessee’s request invalidates reassessment proceedings


ITAT Quashes Reassessment for Non-Supply of Recorded Reasons for Reopening

The ITAT Mumbai held mere general allegations against lender cannot justify Section 68 Addition

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Genuine Tax Claims Cannot Be Denied Due to Bona Fide Form 3CD Error, ITAT Sets Aside Section 43B Disallowance

ITAT Remands Rs 12.50 Lakh Section 69B ‘On-Money’ Addition to CIT(A) for Fresh Adjudication

ITAT Finds Sufficient Cause for 453-Day Delay, Remands Tax Appeal to CIT(A) for Fresh Hearing

ITAT Remands Dispute of Addition Solely Based on Third-Party Statement and Without Establishing Any Nexus for Fresh Adjudication

ITAT Quashes Reassessment for Non-Supply of Recorded Reasons for Reopening

ITAT Holds Loan Genuineness Supported by Documents and Banking Repayment