Judgement

There was a delay of 93 days in filing this appeal before the Tribunal because of the mistaken belief of their tax professional that the appeal against the quantum order was already filed by the assessee.

ITAT Condones Delay Caused by Mistaken Belief of Assessee's Tax Professional; Remands Matter to CIT(A)

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

ITAT Quashes 153C Assessments Across Three Years for Mechanical “Carbon Copy” Satisfaction Note

The SC held that the transactions were fraudulent and that the bank had advanced technology, using which it should have detected and prevented such transactions.

Banks Responsible for Fraudulent Transactions if Customer Reports Promptly: Supreme Court

Press Release

RBI issued a penalty order on HDFC Bank Limited for breach of provisions of section 19 (1)(a) and 6(1) of Banking Regulation Act, 1949.

HDFC Bank Penalised by RBI for Irregular Benchmarking, Subsidiary Operations, and KYC Lapses

ITAT Delhi held that a missing audit report is a curable defect, and directed the tax department to reassess the case after giving the taxpayer a fair opportunity of hearing.

ITAT Rules in Favour of Education Society; Says Missing Form 10B Is a Curable Defect

ITAT Mumbai set aside the Rs. 62 lakh addition and deleted related penalties after accepting the NRI assessee’s genuine non-receipt of tax notices.

Explore Our Blogs

ITAT Condones Delay Caused by Mistaken Belief of Assessee's Tax Professional; Remands Matter to CIT(A)

ITAT Quashes 153C Assessments Across Three Years for Mechanical “Carbon Copy” Satisfaction Note

Banks Responsible for Fraudulent Transactions if Customer Reports Promptly: Supreme Court

HDFC Bank Penalised by RBI for Irregular Benchmarking, Subsidiary Operations, and KYC Lapses

ITAT Rules in Favour of Education Society; Says Missing Form 10B Is a Curable Defect

ITAT Sets Aside Rs. 62 Lakh Addition; NRI Not Liable for Missing Tax Notices