Judgement

The ITAT Kolkata held that interest on delayed payment of sales tax, service tax, VAT, entry tax and employer's PF contribution is compensatory and allowable under Section 37(1). 


ITAT Rules Interest on Statutory Dues May Be Compensatory, But TDS Interest Has No Nexus With Business Profits

The ITAT Pune quashes reassessment proceedings after holding section 148 notices invalid due to expiry of statutory time limit.

ITAT Quashed Reassessment Proceedings as Section 148 Notices Issued Beyond Statutory Time Limit

The ITAT remanded the trust's Section 12A and Section 80G applications to the CIT(E), granting a final opportunity to establish the genuineness of its charitable activities.

ITAT Grants Fresh Opportunity After Rejection of Section 12A and 80G Applications

The ITAT restores the Rs 13.22 lakh unexplained cash deposit case before the AO for fresh adjudication, condoning the 650-day delay. 

ITAT Condones 650-Day Delay in Matter of Unexplained Cash Deposits During Specified Bank Notes Period

ITAT remanded the TDS disallowance dispute to the CIT(A)/NFAC for fresh adjudication after setting aside the ex parte appellate order in the interest of justice.

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ITAT Rules Interest on Statutory Dues May Be Compensatory, But TDS Interest Has No Nexus With Business Profits

ITAT Quashed Reassessment Proceedings as Section 148 Notices Issued Beyond Statutory Time Limit

ITAT Grants Fresh Opportunity After Rejection of Section 12A and 80G Applications

ITAT Condones 650-Day Delay in Matter of Unexplained Cash Deposits During Specified Bank Notes Period

ITAT Remands TDS Disallowance Matter to CIT(A) for Fresh Adjudication

ITAT Rules Revision Cannot Be Used to Extend Limitation for Issues Not Covered in Reassessment