Judgement

ITAT condoned a 425-day delay on genuine medical grounds and remanded the case to the AO for fresh consideration.

Medical Reasons Accepted: ITAT Grants Relief by Condoning 425-Day Delay

Notifications

This corrigendum does not introduce any new rules, but it only corrects mistakes such as wrong references, spelling errors, typing errors, numbering and formatting issues.

CBDT corrects 76 mistakes in New Income Tax Rules 2026 [Read Notification]

The ITAT held that reassessment proceedings are invalid if no mandatory notice under Section 143(2) is issued after filing ITR in response to Section 148 notice.

Reassessment Proceedings Are Invalid Without Section 143(2) Notice, Says ITAT 

The Tribunal quashed the reassessment, holding that the Mohali Assessing Officer lacked jurisdiction because there was no valid transfer order under Section 127.

Tribunal Holds AO Cannot Transfer Case Without Competent Authority’s Approval Under Section 127

The ITAT allows Section 80P deduction on interest from statutory funds, staff loans, and surplus investments.

Interest on Surplus Funds Eligible for Section 80P Deduction; Rules ITAT

The Tribunal noted that the reopening was done on the wrong facts, as the AO incorrectly claimed that no return was filed.

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Medical Reasons Accepted: ITAT Grants Relief by Condoning 425-Day Delay

CBDT corrects 76 mistakes in New Income Tax Rules 2026 [Read Notification]

Reassessment Proceedings Are Invalid Without Section 143(2) Notice, Says ITAT

Tribunal Holds AO Cannot Transfer Case Without Competent Authority’s Approval Under Section 127

Interest on Surplus Funds Eligible for Section 80P Deduction; Rules ITAT

ITAT Quashes Reopening Due to Incorrect Facts and Absence of Evidence