Judgement

ITAT rules that cash deposits made during demonetisation were fully supported by recorded withdrawals of assessee and late mother; rejects additions based on suspicion and deletes ₹59.39 lakh.

ITAT Deletes Entire Rs. 59.39 Lakh Demonetisation Addition After Finding Cash Withdrawals Fully Supported

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All the ICAI members who have signed any reports or certificates related to such AGMs are advised to generate the UDIN today to ensure timely compliance.

Due Date Alert: Today is the Last Day to Generate UDIN For Audits Where AGM Was Held on 30th September 2025

ITAT condoned a 2,698-day delay in a co-operative housing society’s appeal involving Section 80P, citing Covid-19 disruption. Matter remanded to CIT(A); related appeal dismissed as infructuous.

ITAT Restores Co-operative Housing Society’s 80P Claim After 2,698-Day Delay, Accepts Covid-Era as Sufficient Cause

ITAT condones delay and remands Rani Devi’s case, holding that VAT records and cash-flow evidence must be considered before deciding additions under Sections 69A and 44AD.

ITAT Sends Back Demonetisation Cash Deposit Case After Admitting Additional Evidence Ignored Earlier

Tribunal remands matter after assessee furnishes new evidence to support exemption claim on farmhouse investment.

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

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ITAT Deletes Entire Rs. 59.39 Lakh Demonetisation Addition After Finding Cash Withdrawals Fully Supported

Due Date Alert: Today is the Last Day to Generate UDIN For Audits Where AGM Was Held on 30th September 2025

ITAT Restores Co-operative Housing Society’s 80P Claim After 2,698-Day Delay, Accepts Covid-Era as Sufficient Cause

ITAT Sends Back Demonetisation Cash Deposit Case After Admitting Additional Evidence Ignored Earlier

ITAT Sends Back Section 54F Dispute for Fresh Verification of Farmhouse Investment Claim

Major Tax Changes for FY 2025-26: Know How New Rules Will Benefit You