Judgement

ITAT Ahmedabad quashed Rs 1.95 crore deemed dividend addition, ruling that temporary bank-adjustment transfers cannot be taxed under Section 2(22)(e).

ITAT Deletes Rs. 1.95 Crore Deemed Dividend Addition in Limited Scrutiny Case

The ITAT, in the interest of justice, gave one more chance to the assessee to prove his claim by submitting the required details before the AO.

ITAT Gives Illiterate Farmer Another Chance on Rs 3.74 Crore Tax Dispute

ITAT Kolkata ruled that withdrawals were old and unsupported by evidence, hence confirmed the addition of Rs. 26.68 lakh as unexplained income.

ITAT Upholds Rs. 26.68 Lakh Addition on Unexplained Demonetisation Cash Deposit

The ITAT directed the AO to adjust the TCS amount against the liability of the assessee.

No Action Against Collectee if TCS Not Deposited by Collector: ITAT

ITAT rules that Section 68 additions cannot survive when the assessee substantiates unsecured loans with complete documentary evidence.

ITAT Rules Mere Investigation Wing Report Not Enough; Dismisses Allegations of Bogus Loans u/s 68

ITAT Holds That Mechanical, Year-Non-Specific Satisfaction Note Violates Mandatory Preconditions of Section 153C

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ITAT Deletes Rs. 1.95 Crore Deemed Dividend Addition in Limited Scrutiny Case

ITAT Gives Illiterate Farmer Another Chance on Rs 3.74 Crore Tax Dispute

ITAT Upholds Rs. 26.68 Lakh Addition on Unexplained Demonetisation Cash Deposit

No Action Against Collectee if TCS Not Deposited by Collector: ITAT

ITAT Rules Mere Investigation Wing Report Not Enough; Dismisses Allegations of Bogus Loans u/s 68

ITAT Quashes 153C Assessments of Alleged Shell Company for Lack of Proper Satisfaction