Judgement

The Tribunal set aside the addition and remanded the matter to the AO for fresh verification after accepting that the bank deposits were supported by agricultural income evidence.

ITAT Accepts Initial Evidence of Agricultural Income, Remands Matter for Verification

ITAT set aside the CIT(A)’s delay-based dismissal and remanded the matter for fresh consideration, granting the assessee another opportunity.

ITAT Emphasises Fair Hearing, Gives Assessee Another Chance Before CIT(A)

Articles

Uniparts India Ltd received tax relief after the Income Tax Department deleted the Rs 25.79 crore demand through a rectification order for Assessment Year 2024-25.

Income Tax Deletes Rs 25.79 Crore Tax Demand Raised Against Uniparts India Ltd for AY 2024-25

The ITAT rules MAT not applicable to nationalised banks, allowing relief on multiple tax disallowances.

ITAT Rules MAT Not Applicable to Nationalised Banks; Grants Relief

News

The Government has clarified that an Income-Tax Clearance Certificate (ITCC) is not required for all citizens, only for specific cases under Section 230 of the Income-tax Act, 1961.

Govt Clarifies Not Every Citizen Is Mandatory to Obtain an ITCC Before Leaving India

The Delhi ITAT quashed a reassessment notice sent on April 1, 2021 for not following the new Section 148A procedure.

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ITAT Accepts Initial Evidence of Agricultural Income, Remands Matter for Verification

ITAT Emphasises Fair Hearing, Gives Assessee Another Chance Before CIT(A)

Income Tax Deletes Rs 25.79 Crore Tax Demand Raised Against Uniparts India Ltd for AY 2024-25

ITAT Rules MAT Not Applicable to Nationalised Banks; Grants Relief

Govt Clarifies Not Every Citizen Is Mandatory to Obtain an ITCC Before Leaving India

Reopening Notice Sent on April 1 Must Follow Amended Section 148A Procedure: ITAT