Judgement

ITAT remands Rs 1.26 crore tax dispute to Assessing Officer, allowing taxpayer a fresh opportunity to submit evidence, while setting aside related penalty proceedings.

ITAT Sends Rs 1.26 Crore Income Tax Dispute Back to Assessing Officer After Taxpayer Seeks Fresh Opportunity to Submit Evidence

The ITAT Delhi Holds mechanical approval under Section 151 Invalid and quashes Reassessment Proceedings



ITAT Invalidates Mechanical Section 151 Approval in Bogus Purchase Case

The ITAT Delhi quashes satisfaction note recorded 24 Months after completion of Search Assessment  



ITAT Quashes Section 153C Proceedings as Time-Barred Relying Upon Supreme Court Ruling

ITAT deletes Rs 87 lakh Section 68 addition, finding no evidence that the assessee was involved in accommodation entries and noting sufficient documentary proof of the loan transaction.

ITAT Deletes Rs 87 Lakh Section 68 Addition After Finding No Evidence of Assessee’s Involvement in Accommodation Entries

The ITAT Delh held third-party diary pages cannot justify Section 69A Addition Without Clear Evidence 



ITAT Deletes Rs 1.66 Crore Addition Based on Uncorroborated Third-Party Loose Sheets

The ITAT Delhi directs AO to re-examine disputed additions under Sections 69A and 115BBE.


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ITAT Sends Rs 1.26 Crore Income Tax Dispute Back to Assessing Officer After Taxpayer Seeks Fresh Opportunity to Submit Evidence

ITAT Invalidates Mechanical Section 151 Approval in Bogus Purchase Case

ITAT Quashes Section 153C Proceedings as Time-Barred Relying Upon Supreme Court Ruling

ITAT Deletes Rs 87 Lakh Section 68 Addition After Finding No Evidence of Assessee’s Involvement in Accommodation Entries

ITAT Deletes Rs 1.66 Crore Addition Based on Uncorroborated Third-Party Loose Sheets

ITAT Remits Section 69A Additions to AO for Fresh Adjudication