Press Release

The CBDT clarified that the ITCC was not mandatory for all travelers. It applied only in rare cases involving serious financial issues or pending tax dues exceeding Rs 10 lakh, correcting widespread misinformation.

Income Tax Clearance Certificate Not Mandatory for All Indian Travelers; CBDT Clears Confusion

Judgement

Court follows its earlier ruling in assessee’s brother’s case; holds that concurrent factual findings cannot be disturbed in absence of perversity.

HC Dismisses Revenue Appeal, Says No Substantial Question of Law Where No Incriminating Material Found

The ITAT Kolkata holds that a notice issued by a non-jurisdictional AO in violation of CBDT pecuniary limits renders the entire reassessment void.

ITAT Quashes Reassessment for Lack of Jurisdiction; Deletes Rs 2 Crore Addition u/s 68

After examining the evidence, the tribunal observed that the withdrawals and deposits matched the bank records.

ITAT Ahmedabad Gives Relief in Cash Deposit Case by Deleting Rs 11 Lakh Addition

The Tribunal observed that since the mandatory approval was taken from an incorrect authority, the reassessment proceedings were invalid

ITAT Delhi Quashes Reassessment Due to Invalid Approval Under Section 151

Considering the medical condition of the assessee, the ITAT set aside the previous orders and sent the case to the AO for fresh consideration.

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Income Tax Clearance Certificate Not Mandatory for All Indian Travelers; CBDT Clears Confusion

HC Dismisses Revenue Appeal, Says No Substantial Question of Law Where No Incriminating Material Found

ITAT Quashes Reassessment for Lack of Jurisdiction; Deletes Rs 2 Crore Addition u/s 68

ITAT Ahmedabad Gives Relief in Cash Deposit Case by Deleting Rs 11 Lakh Addition

ITAT Delhi Quashes Reassessment Due to Invalid Approval Under Section 151

ITAT Bangalore Remits Case for Fresh Review Due to Medical Condition of Assessee