Judgement

ITAT holds that assessments were beyond the permissible block period under Section 153C, following Supreme Court law

ITAT: Section 153C Assessments Time-Barred When Satisfaction Note Recorded Late

Since the factual conditions of Section 54F, such as the timing of investment and quantum of investment, were not verified earlier, the Tribunal remanded the matter back to the Assessing Officer.

ITAT Allows Fresh Review of Capital Gains Exemption Claimed Under Section 54F

Tribunal holds that selective funding of political content and editorial influence violated charitable objectives under Section 12AB

Selective Funding of Political Content Justifies Cancellation of Section 12AB Registration: ITAT

Tribunal rules that technical errors in paperwork cannot deny Section 11(2) benefits. The trust’s actual use of funds for charitable purposes was fully established.

Technical mistake in Form 10 alone is not enough to deny benefit to trust: ITAT

Orders

ICAI held a Chartered Accountant guilty of professional misconduct for accepting an audit assignment without informing or obtaining an NOC from the previous auditor.

ICAI Holds CA Guilty of Professional Misconduct for Accepting Audit Without Prior Communication

During the search, the department found that the respondent, along with other CAs, had helped their clients in reducing their taxable income by claiming fake deductions against the political donations.

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ITAT: Section 153C Assessments Time-Barred When Satisfaction Note Recorded Late

ITAT Allows Fresh Review of Capital Gains Exemption Claimed Under Section 54F

Selective Funding of Political Content Justifies Cancellation of Section 12AB Registration: ITAT

Technical mistake in Form 10 alone is not enough to deny benefit to trust: ITAT

ICAI Holds CA Guilty of Professional Misconduct for Accepting Audit Without Prior Communication

ICAI Reprimands CA for Helping Clients Claim Fake Tax Deductions Through Bogus Political Donations