Judgement

The ITAT Ahmedabad ruled CIT(E)’s denial of renewal based on Diamond Bourse’s commercial activities was erroneous. 

ITAT Allows Renewal of 12A Registration And Holds Objects Charitable Under Section 2(15)

ITAT condoned the 50-day delay, admitted additional evidence, and remanded the matter to the AO for fresh consideration.

ITAT Condones 50-Day Delay in Filing Appeal, Admits Additional Evidence and Remands Matter to AO for Fresh Consideration

The ITAT remands the Rs 3.35 crore unexplained cash deposits and withdrawals case for fresh consideration after observing that both the CIT(A) and AO had passed ex parte orders. 

ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte

ITAT deleted the fruit sales addition after finding that the AO had relied on an earlier Khatoni despite corrected land records showing no discrepancy in fruit-bearing trees.

ITAT Quashes Rs 6.43 Lakh Fruit Sales Addition, Finds AO Relied on Earlier Khatoni Despite Corrected Land Records

ITAT restored AY 2014-15 tax case to the AO for fresh assessment after finding that the CIT(A) had not adjudicated all grounds on merits, subject to a Rs 10,000 payment and fresh hearing.

Natural Justice Prevails: ITAT Sets Aside Ex Parte Proceedings, Orders Fresh Assessment Despite Taxpayer's Repeated Non-Compliace 

ITAT has directed fresh verification of capital gains claim after finding that a typographical error may have led to Rs 13.68 lakh of excess income being disclosed in the ITR.

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ITAT Allows Renewal of 12A Registration And Holds Objects Charitable Under Section 2(15)

ITAT Condones 50-Day Delay in Filing Appeal, Admits Additional Evidence and Remands Matter to AO for Fresh Consideration

ITAT Grants One More Opportunity in Rs 3.35 Crore Unexplained Money Case After CIT(A) and AO Both Decide Ex Parte

ITAT Quashes Rs 6.43 Lakh Fruit Sales Addition, Finds AO Relied on Earlier Khatoni Despite Corrected Land Records

Natural Justice Prevails: ITAT Sets Aside Ex Parte Proceedings, Orders Fresh Assessment Despite Taxpayer's Repeated Non-Compliace

Genuine Typographical Mistake in Capital Gains Can Be Examined Under Section 154, Holds ITAT