Judgement

Delhi ITAT quashes a Rs 37.71 lakh tax assessment, holding that an ITO lacked jurisdiction to issue the Section 143(2) notice contrary to CBDT monetary limits.

ITAT Quashes Rs 37.71 Lakh Tax Assessment After ITO Issues Section 143(2) Notice Despite CBDT Jurisdictional Limits

The ITAT Ahmedabad held interest waiver taxable under Section 41(1) only where earlier deduction was claimed


ITAT Rules Bank Loan Principal Waiver Not Taxable Under Sections 28(iv) or 41(1)

The ITAT Ahmedabad rules Demonetisation cash deposits cannot be treated as undisclosed income when sales and business profits are offered to tax


ITAT Deletes Rs.16 Lakh Addition on Demonetisation-Era Cash Deposits

ITAT Delhi reduces Alcatel Lucent Portugal SA’s profit attribution to its Indian PE from 3.75% to 2.5% for offshore equipment supplies.

ITAT Reduces Taxable Profit Attribution to Taxpayer's Indian PE on Offshore Supplies from 3.75% to 2.5%

The ITAT Ahmedabad dismissed an appeal filed by assessee against an order passed by the PCIT under Section 263 of the Income Tax Act, 1961. 



ITAT Dismisses Assessee’s Appeal Against Section 263 Order After Withdrawal

ITAT remands penny stock LTCG dispute to CIT(A) for fresh adjudication after considering related appeals and a similar case involving her son.

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ITAT Quashes Rs 37.71 Lakh Tax Assessment After ITO Issues Section 143(2) Notice Despite CBDT Jurisdictional Limits

ITAT Rules Bank Loan Principal Waiver Not Taxable Under Sections 28(iv) or 41(1)

ITAT Deletes Rs.16 Lakh Addition on Demonetisation-Era Cash Deposits

ITAT Reduces Taxable Profit Attribution to Taxpayer's Indian PE on Offshore Supplies from 3.75% to 2.5%

ITAT Dismisses Assessee’s Appeal Against Section 263 Order After Withdrawal

ITAT Remands Penny Stock Case, Directs Fresh Review of LTCG Claim Under Section 68