Judgement

ITAT Delhi remanded the GP addition and business promotion expense disallowance issues to the tax authorities for fresh examination, partly allowing the revenue’s appeal.

ITAT Remands Higher GP Addition and Expense Disallowance Issues for Fresh Examination

Public Notice

The Delhi Bench will handle GST appeals from all districts in the Union Territory of NCR, New Delhi. So, GST-related matters under the Central GST Act, 2017 or Delhi State GST laws from this region will be heard here.

GSTAT Delhi State Bench Starts Working: New Temporary Office Announced

ITAT restored the Rs 1.97 crore addition, ruling that the CIT(A) wrongly deleted it despite the assessee’s failure to satisfactorily explain the source of cash credits.

ITAT restores Income Tax addition on cash introduced in capital which was bogus

Tribunal Holds No Addition Sustainable Without Independent Inquiry; Capital Purchases Cannot Be Treated as Bogus Merely on Investigation Wing Inputs

ITAT Deletes Bogus Purchase Additions Where Assets Existed & Sales Not Disputed 

The ITAT deleted the Rs 11.18 lakh addition, holding that the demonetisation cash deposits were satisfactorily explained with supporting evidence and no undisclosed income was found.

ITAT quashes Demonetisation addition: Funds Sent by NRI to Parents Not Unexplained Income

Appellate Authority holds leasehold rights in land fall outside “plant and machinery” and attract ITC restriction under Section 17(5)(d)

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ITAT Remands Higher GP Addition and Expense Disallowance Issues for Fresh Examination

GSTAT Delhi State Bench Starts Working: New Temporary Office Announced

ITAT restores Income Tax addition on cash introduced in capital which was bogus

ITAT Deletes Bogus Purchase Additions Where Assets Existed & Sales Not Disputed

ITAT quashes Demonetisation addition: Funds Sent by NRI to Parents Not Unexplained Income

GST: AAAR Denies ITC on Land Lease for Air Separation Plant Setup