Judgement

The ITAT allowed the taxpayer's appeal, holding that the Rs 3 lakh cash deposit was fully supported by documentary evidence.

ITAT Deletes Rs 3 Lakh Addition on Explained Cash Deposits, Allows Taxpayer's Appeal

Articles

The CBDT has issued a guidance note explaining crypto-asset reporting obligations for Reporting Crypto-Asset Service Providers (RCASPs) under Section 509 of the Income Tax Act, 2025.

CBDT Issues Guidance Note on Crypto-Asset Reporting Under Income Tax Act, 2025

The ITAT remanded an ex parte reassessment, directing the AO to provide a fair hearing and serve notices on both the departmental and Form 36 email addresses.

ITAT Sets Aside Ex Parte Assessment, Orders Fresh Hearing With Notices on Both Departmental and Form 36 Email IDs

The ITAT Agra Bench remanded the tax dispute to the Assessing Officer for fresh assessment, granting another opportunity despite the taxpayer's repeated non-appearance.

ITAT Gives One More Opportunity Despite Repeated Non-Appearance

The ITAT remanded the demonetisation cash deposit dispute to the Assessing Officer for fresh verification of the source of cash deposits and supporting business records

ITAT Seeks Fresh Examination of Cash Deposits Claimed as Business Receipts During Demonetisation

The ITAT Pune ruled that a penalty under Section 270A cannot be sustained based on Section 115BBH, as the provision was not applicable to AY 2019-20

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ITAT Deletes Rs 3 Lakh Addition on Explained Cash Deposits, Allows Taxpayer's Appeal

CBDT Issues Guidance Note on Crypto-Asset Reporting Under Income Tax Act, 2025

ITAT Sets Aside Ex Parte Assessment, Orders Fresh Hearing With Notices on Both Departmental and Form 36 Email IDs

ITAT Gives One More Opportunity Despite Repeated Non-Appearance

ITAT Seeks Fresh Examination of Cash Deposits Claimed as Business Receipts During Demonetisation

ITAT Deletes Section 270A Penalty as Crypto Tax Provision Not Applicable to AY 2019-20