Judgement

ITAT ruled the reassessment invalid after finding the reopening notice time-barred, nullifying the entire Rs. 440 crore addition.

ITAT Ahmedabad Quashes Rs. 440 Crore Bogus Purchase Addition as Reopening Found Time-Barred

Tribunal accepts genuine difficulties of rural assessee unfamiliar with e-communication and directs full de novo assessment on cash deposits and agricultural income claims

ITAT Revives Farmer’s Appeal Dismissed for Non-Compliance; 438-Day Delay Condoned

ITAT quashes the CIT(A) order because the legal heir was not given a proper opportunity of hearing after the taxpayer's death and to submit all the necessary documents.

ITAT Quashes CIT(A) Order for Denying Legal Heir Opportunity, Directs Fresh Adjudication

SMC Bench holds that interest earned from investments in co-operative banks qualifies for deduction under Section 80P(2)(d); matter remanded to AO

ITAT Mumbai: Co-operative Society Eligible for Section 80P(2)(d) Deduction on Interest from Co-operative Banks

ITAT Pune remands case of documentation facilitator after finding that applying 44AD on total bank deposits may inflate income; directs fresh review considering subsequent accepted assessments.

ITAT Pune Orders Fresh Review After Finding Income Estimation Under Section 44AD Potentially Inflated

ITAT Orders Fresh Review After Finding Income Estimation Under Section 44AD Potentially Inflated

ITAT remands the Section 68 addition of Rs.10 lakh to AO for verification of loan repayment; deletes profit estimation but upholds need for proper evidence.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ITAT Ahmedabad Quashes Rs. 440 Crore Bogus Purchase Addition as Reopening Found Time-Barred

ITAT Revives Farmer’s Appeal Dismissed for Non-Compliance; 438-Day Delay Condoned

ITAT Quashes CIT(A) Order for Denying Legal Heir Opportunity, Directs Fresh Adjudication

ITAT Mumbai: Co-operative Society Eligible for Section 80P(2)(d) Deduction on Interest from Co-operative Banks

ITAT Orders Fresh Review After Finding Income Estimation Under Section 44AD Potentially Inflated

ITAT Sends Back Section 68 Loan Addition for Fresh Verification After Assessee Claims Full Repayment