Circulars

MCA has extended the Form DPT-3 filing deadline for FY 2025-26 to 31 July 2026 without additional fees due to disruptions caused by a fire at its Data Centre.

MCA Gives Relief on DPT-3 Filing Deadline After Data Centre Fire

Judgement

The ITAT remanded a Rs 23.05 crore ex-parte assessment to the AO, granting the taxpayer a fresh opportunity after finding genuine reasons for non-appearance during appellate proceedings.

No Fair Hearing? ITAT Restores Taxpayer’s Appeal After Notices Sent to Temporary Email ID

The Income Tax Appellate Tribunal (ITAT), Bangalore held that returns filed subsequently in response to notice under Section 148 do not satisfy the statutory requirement introduced by Section 80AC with effect from Assessment Year 2018-19.

ITAT Holds That Primary Agricultural Credit Co-operative Society Not Entitled to Section 80P Deduction for Return Filed in Response to Section 148 Notice

The ITAT deleted a Rs 31.76 lakh Section 69A addition after finding sufficient evidence supporting the assessee’s agricultural income claim.

ITAT Deletes Rs 31.76 Lakh Section 69A Addition, Accepts Farmer’s Agricultural Income Claim

ITAT Mumbai deleted Rs 3.55 crore additions, holding that purchases backed by evidence cannot be treated as bogus merely on a supplier's unverified statement.

ITAT Deletes Rs. 3.51 Crore Bogus Purchase Addition After Finding GST Returns, Bank Payments, E-Way Bills and Transport Documents Proved Genuine Movement of Goods

The Income Tax Appellate Tribunal (ITAT) Bangalore has restored the matter relating to addition under Section 50C and denial of deduction under Section 54F to the Assessing Officer for fresh adjudication. The Tribunal also directed reconsideration of the exemption claimed under Section 54F in light of the Karnataka High Court ruling in CIT v. K. Ramachandra Rao.

Woman Sold Property for Rs. 1.56 Crore, Faced Capital Gains Recalculation Using Rs. 1.87 Crore Stamp Duty Value; ITAT Orders Fresh Examination of Section 50C and Section 54F Claims

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