Judgement

The ITAT Bench has set aside a Rs 11.48 crore addition on securities and mutual fund transactions, directing the AO to conduct a fresh assessment after proper verification and a meaningful hearing.

ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity

The ITAT Bangalore holds registration under Karnataka Souharda Sahakari Act does not bar Section 80P benefit.


ITAT Holds Karnataka Souharda Sahakari Eligible for Section 80P Deduction on Credit Facility Income

The ITAT Bangalore held BSNL VRS compensation qualifies for Section 10(10B) exemption.


ITAT Allows Section 10(10B) Exemption on BSNL VRS Compensation 

ITAT dismissed the appeal as withdrawn after the assessee opted not to pursue its challenge against the Rs. 77.64 lakh unexplained cash credit addition for AY 2017-18.

ITAT Allows Withdrawal of Appeal Challenging Rs. 77.64 Lakh Unexplained Cash Credit Addition in Scrap Sale Deposits Case

News

The CBI Court convicted and sentenced a privately owned firm and Six private persons in a Rs 2.68 Crore bank fraud case over funds defalcation and availing of false credit facilities.

CBI Court Chennai Convicts and Sentences One Private Company and Six Other Individuals in Rs 2.68 Crore Bank Fraud Case

The ITAT Bangalore directed CIT(E) to reconsider Section 80G Approval.

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ITAT Sets Aside Rs 11.48 Crore Capital Gains Addition, Remands Case for Fresh Adjudication After Finding Lack of Hearing Opportunity

ITAT Holds Karnataka Souharda Sahakari Eligible for Section 80P Deduction on Credit Facility Income

ITAT Allows Section 10(10B) Exemption on BSNL VRS Compensation

ITAT Allows Withdrawal of Appeal Challenging Rs. 77.64 Lakh Unexplained Cash Credit Addition in Scrap Sale Deposits Case

CBI Court Chennai Convicts and Sentences One Private Company and Six Other Individuals in Rs 2.68 Crore Bank Fraud Case

ITAT Remands 80G Approval Application to CIT(E) After Denial Without Granting Adjournment