Judgement

The ITAT Bangalore remanded a Rs 1.26 crore Section 69 addition to the AO for fresh verification of newly produced sale deeds and bank records, while imposing a Rs 1,000 cost on the assessee.

Property Buyer Missed Multiple Notices, Faced Rs. 1.26 Crore Addition; ITAT Restores Case for Re-examination

The Income Tax Appellate Tribunal (ITAT), Delhi, has quashed reassessment proceedings holding that the alleged escaped income was only Rs 4.27 lakh and not the entire transaction value.

Commodity Trader's Rs. 2.48 Crore NSEL Transactions Drew Tax Scrutiny; ITAT Cancels Reassessment Over Rs. 4.27 Lakh Profit

The Income Tax Appellate Tribunal (ITAT) Chennai has held that failure to verify e-mails for an extended period does not constitute a sufficient cause for condonation of delay.

ITAT Chennai Refuses to Condone Delay of 1,992 Days, Says Failure to Check E-mails is No “Sufficient Cause”

The Income Tax Appellate Tribunal (ITAT) Bangalore has condoned a delay of 375 days in filing an appeal after taking note of the assessee's medical condition.

ITAT Bangalore Condoned 375-Day Delay And Restores Appeal on Rs 91.41 Lakh Addition Relating to Agricultural Income

ITAT condones appeal delay caused by portal glitches and remands ICDS disallowance for verification.

ITAT Restores ICDS-Based Forex Provision Disallowance, Condones Delay Caused by Portal Glitches

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Property Buyer Missed Multiple Notices, Faced Rs. 1.26 Crore Addition; ITAT Restores Case for Re-examination

Commodity Trader's Rs. 2.48 Crore NSEL Transactions Drew Tax Scrutiny; ITAT Cancels Reassessment Over Rs. 4.27 Lakh Profit

ITAT Chennai Refuses to Condone Delay of 1,992 Days, Says Failure to Check E-mails is No “Sufficient Cause”

ITAT Bangalore Condoned 375-Day Delay And Restores Appeal on Rs 91.41 Lakh Addition Relating to Agricultural Income

ITAT Restores ICDS-Based Forex Provision Disallowance, Condones Delay Caused by Portal Glitches

ITR Filing Guide for Share Market Traders