Judgement

ITAT upheld tax relief to the charitable trust after its delayed Form 10B filing was condoned under Section 119(2)(b), rejecting the Revenue’s challenge.

ITAT Rejects Revenue Challenge, Upholds Relief to Charitable Trust After Form 10B Delay Was Condoned Under Section 119(2)(b)

ITAT set aside the rejection of Section 80G(5) approval and granted the charitable trust a fresh opportunity to present its documents and establish the genuineness of its activities.

ITAT Gives Charitable Trust Another Chance for Section 80G(5) Approval, Sets Aside Rejection Order

The ITAT Ahmedabad directed CIT(E) to reconsider registration and approval applications.

ITAT Sets Aside Rejection of Charitable Trusts’ Section 12AB And 80G Applications 

The ITAT Ahmedabad rules that higher stamp duty value arising solely from conversion of agricultural land into non-agricultural land does not justify addition.

ITAT Holds Stamp Duty Value Cannot Override Agreed Consideration

ITAT condones over 1,000 days delay, remands the case for fresh assessment, and gives the taxpayer another chance to explain Rs 19.02 lakh in credit card expenses and salary income.

ITAT Condones Delay of Over 1,000 Days, Gives Taxpayer Fresh Opportunity to Explain Rs.19.02 Lakh Credit Card Expenses and Salary Income

ITAT remands Rs 75.07 lakh depreciation disallowance to the AO for fresh assessment after directing verification of the correct WDV and supporting evidence.

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ITAT Rejects Revenue Challenge, Upholds Relief to Charitable Trust After Form 10B Delay Was Condoned Under Section 119(2)(b)

ITAT Gives Charitable Trust Another Chance for Section 80G(5) Approval, Sets Aside Rejection Order

ITAT Sets Aside Rejection of Charitable Trusts’ Section 12AB And 80G Applications

ITAT Holds Stamp Duty Value Cannot Override Agreed Consideration

ITAT Condones Delay of Over 1,000 Days, Gives Taxpayer Fresh Opportunity to Explain Rs.19.02 Lakh Credit Card Expenses and Salary Income

WDV Mismatch in ITR: ITAT Remands Rs 75.07 Lakh Depreciation Disallowance Dispute to AO for Fresh Assessment