News

AP Police have booked a CA and operators of seven firms for allegedly facilitating Rs 186 crore in illegal foreign remittances using fake Form 15CB certificates, marking the third FIR in the I-T crackdown.

3rd FIR in I-T Crackdown: AP Police Book CA, Seven Firms in Rs 186 Crore Illegal Foreign Remittance Case

Judgement

ITAT remands the AY 2018-19 tax assessment for fresh adjudication after finding copy-pasted facts, wrong findings, and lack of proper application of mind in the CIT(A) order.

ITAT Sets Aside CIT(A)'s Ex Parte Order Over Copy-Pasted Facts and Lack of Application of Mind

ITAT set aside the ex-parte assessment after finding errors in the CIT(A) order, directing the AO to conduct a fresh assessment with proper hearing opportunity.

ITAT Sets Aside Ex-Parte Assessment After Finding Errors and Lack of Application of Mind in CIT(A) Order

The ITAT Bangalore has dismissed an appeal filed by S A Gadagi against the reassessment proceedings for Assessment Year 2018-19.

ITAT Allows Withdrawal of Appeal Challenging Reassessment and Rs 1.04 Crore Business Income Addition

ITAT directs AO to verify the Rs 10.58 lakh payment and delete Section 43B disallowance if the amount was paid before the ITR filing due date.

Genuine Tax Claims Cannot Be Denied Due to Bona Fide Form 3CD Error, ITAT Sets Aside Section 43B Disallowance

ITAT remands Rs 12.50 lakh Section 69B ‘on-money’ addition to CIT(A) for fresh adjudication after finding inadequate opportunity was given to the assessee.

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3rd FIR in I-T Crackdown: AP Police Book CA, Seven Firms in Rs 186 Crore Illegal Foreign Remittance Case

ITAT Sets Aside CIT(A)'s Ex Parte Order Over Copy-Pasted Facts and Lack of Application of Mind

ITAT Sets Aside Ex-Parte Assessment After Finding Errors and Lack of Application of Mind in CIT(A) Order

ITAT Allows Withdrawal of Appeal Challenging Reassessment and Rs 1.04 Crore Business Income Addition

Genuine Tax Claims Cannot Be Denied Due to Bona Fide Form 3CD Error, ITAT Sets Aside Section 43B Disallowance

ITAT Remands Rs 12.50 Lakh Section 69B ‘On-Money’ Addition to CIT(A) for Fresh Adjudication