Judgement

Since the AO and CIT(A) did not properly verify the reconciliation, the ITAT decided that the matter needs fresh consideration.

ITAT Remands Case of Mismatch in Form 26AS Due to Project Completion Method

Tribunal held that reopening based solely on an Investigation Wing report mentioning the wrong company name and incorrect figures is invalid.

ITAT Quashes Reopening Under Section 147; Reasons Based on Wrong Facts and Mechanical Approval Invalid

As the very basis of reopening the case was wrong, the Tribunal held that the reassessment is invalid and without jurisdiction.

ITAT Quashes Reassessment of Deceased Taxpayer Due to False Assumptions

The Gujarat AAR ruled that importers can claim ITC on IGST paid for imported goods even when supplier payments are delayed beyond 180 days, as long as they comply with FEMA and RBI timelines.

ITC allowed on IGST Paid for Imports despite Deferred Payment Beyond 180 Days: AAR

Delhi ITAT upholds taxation of interest on enhanced compensation under Section 56(2)(viii), holding that exemption under Section 10(37) is not applicable post the Finance Act, 2009

ITAT: Interest on Enhanced Compensation Taxable as “Income from Other Sources” under Section 56(2)(viii)

The ITAT Mumbai allowed partial relief to an educational trust after its 80G renewal was wrongly rejected due to a clerical error in the application form.

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ITAT Remands Case of Mismatch in Form 26AS Due to Project Completion Method

ITAT Quashes Reopening Under Section 147; Reasons Based on Wrong Facts and Mechanical Approval Invalid

ITAT Quashes Reassessment of Deceased Taxpayer Due to False Assumptions

ITC allowed on IGST Paid for Imports despite Deferred Payment Beyond 180 Days: AAR

ITAT: Interest on Enhanced Compensation Taxable as “Income from Other Sources” under Section 56(2)(viii)

Clerical Mistake in 80G Filing: ITAT Mumbai Grants Relief to Educational Trust