Judgement

Common approval without application of mind vitiates search-based assessmentsv

ITAT Quashes Assessments for Mechanical Approval Under Section 153D

Since the AO had not doubted the source of payment made for the purchases and disallowed the purchases invoking section 37(1), ITAT held that section 69C was not applicable.

Once AO Disallows Bogus Expenses U/s 37(1), PCIT Cannot Invoke Sections 69C and Section 115BBE

ITAT cancels time-barred tax assessment under Section 153C and dismisses appeals for later years after no adverse additions were found.

ITAT Delhi Holds 2012-13 Assessments Invalid in Search-Based Reopening Case

Since the grounds for reopening the assessment and final addition during the reassessment were made on entirely different facts, the ITAT quashed the reassessment order.

ITAT Quashes Reassessment as Final Addition Was Made on Different Grounds

ITAT restored the Section 11 exemption claim after condoning a one-day delay in filing Form 10B and remanding the matter to the tax authorities for fresh review.

ITAT Delhi Restores Section 11 Exemption Case After One-Day Form 10B Delay Is Condoned

ITAT holds corpus character proved through donor intent and records; cash fee collections from students cannot be treated as unexplained

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ITAT Quashes Assessments for Mechanical Approval Under Section 153D

Once AO Disallows Bogus Expenses U/s 37(1), PCIT Cannot Invoke Sections 69C and Section 115BBE

ITAT Delhi Holds 2012-13 Assessments Invalid in Search-Based Reopening Case

ITAT Quashes Reassessment as Final Addition Was Made on Different Grounds

ITAT Delhi Restores Section 11 Exemption Case After One-Day Form 10B Delay Is Condoned

ITAT Grants Full Corpus Exemption to Educational Trust, Deletes Rs. 69 Lakh Cash Addition