Judgement

ITAT Hyderabad remands the Rs 4.17 crore unexplained money case to the AO after the company confirmed the transactions were linked to its quarry operations.

Rs 4.17 Crore Unexplained Money Case: ITAT Sends Matter Back to AO After Company Confirms Transactions Were Linked to Its Quarry Operations

ITAT quashes Section 263 revision, holding that the alleged Rs 49.59 lakh purchase difference was duly reconciled with TCS and GST figures in Form 26AS.

ITAT Deletes Section 263 Revision, Holds Explained Purchase Difference Cannot Make Assessment Prejudicial to Revenue

ITAT remands taxpayer's tax appeal to CIT(A) after finding that earlier written submissions were not considered in the faceless proceedings.

ITAT Remands Tax Appeal to CIT(A) Over Failure to Consider Earlier Written Submissions

ITAT deletes Rs. 31.56 lakh deemed rental income addition on unsold flats held as stock-in-trade, holding that Section 23(5) cannot apply retrospectively to AY 2017-18.

Section 23(5) Cannot Be Applied Retrospectively to Unsold Flats: ITAT Deletes Rs 31.56 Lakh Deemed Rent Addition

ITAT remanded Rs 6.67 lakh TDS dispute for fresh verification of challans, records, and the applicability of TDS on REC registration charges.

TDS Deposited Later Cannot Remain a Principal Liability Under Section 201(1): ITAT Remands Rs. 6.67 Lakh TDS Dispute

The ITAT Bangalore holds Substantial Justice must prevail over procedural delay 


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Rs 4.17 Crore Unexplained Money Case: ITAT Sends Matter Back to AO After Company Confirms Transactions Were Linked to Its Quarry Operations

ITAT Deletes Section 263 Revision, Holds Explained Purchase Difference Cannot Make Assessment Prejudicial to Revenue

ITAT Remands Tax Appeal to CIT(A) Over Failure to Consider Earlier Written Submissions

Section 23(5) Cannot Be Applied Retrospectively to Unsold Flats: ITAT Deletes Rs 31.56 Lakh Deemed Rent Addition

TDS Deposited Later Cannot Remain a Principal Liability Under Section 201(1): ITAT Remands Rs. 6.67 Lakh TDS Dispute

ITAT Restores Appeal Against Section 154 Rectification Order for Fresh Adjudication