Judgement

The ITAT remands the Rs 3.35 crore unexplained cash deposits and withdrawals case for fresh consideration after observing that both the CIT(A) and AO had passed ex parte orders. 

ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte

ITAT deleted the fruit sales addition after finding that the AO had relied on an earlier Khatoni despite corrected land records showing no discrepancy in fruit-bearing trees.

ITAT Quashes Rs 6.43 Lakh Fruit Sales Addition, Finds AO Relied on Earlier Khatoni Despite Corrected Land Records

ITAT restored AY 2014-15 tax case to the AO for fresh assessment after finding that the CIT(A) had not adjudicated all grounds on merits, subject to a Rs 10,000 payment and fresh hearing.

Natural Justice Prevails: ITAT Sets Aside Ex Parte Proceedings, Orders Fresh Assessment Despite Taxpayer's Repeated Non-Compliace 

ITAT has directed fresh verification of capital gains claim after finding that a typographical error may have led to Rs 13.68 lakh of excess income being disclosed in the ITR.

Genuine Typographical Mistake in Capital Gains Can Be Examined Under Section 154, Holds ITAT

News

A Mangaluru man lost Rs 3.81 lakh after fraudsters falsely promised him an Rs 8 lakh Kerala Lottery prize and demanded tax payments.

Mangaluru Man Duped of Rs 3.81 Lakh in Fake Kerala Lottery Scam After Fraudsters Promise Rs 8 Lakh Prize

ITAT has restored the Rs 86.51 lakh unexplained mutual fund investment addition for fresh assessment, allowing the assessee an opportunity to prove that the investment came from earlier mutual fund redemptions.

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ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte

ITAT Quashes Rs 6.43 Lakh Fruit Sales Addition, Finds AO Relied on Earlier Khatoni Despite Corrected Land Records

Natural Justice Prevails: ITAT Sets Aside Ex Parte Proceedings, Orders Fresh Assessment Despite Taxpayer's Repeated Non-Compliace

Genuine Typographical Mistake in Capital Gains Can Be Examined Under Section 154, Holds ITAT

Mangaluru Man Duped of Rs 3.81 Lakh in Fake Kerala Lottery Scam After Fraudsters Promise Rs 8 Lakh Prize

Double Taxation Claim Over Mutual Fund Redemption Prompts ITAT Fresh Assessment in Rs 86.51 Lakh Unexplained Investment Case