Judgement

ITAT deleted the Rs 7.75 lakh Section 69 addition after finding the taxpayer had satisfactorily explained the source of funds for the property purchase.

ITAT Deletes Rs 7.75 Lakh Section 69 Addition After Taxpayer Explains Property Investment

CBI, with support from MEA and MHA, has brought back Vishakha Rathod from the UAE to face trial in the alleged Rs 88 crore investment fraud case.

CBI Brings Back Vishakha Rathod from UAE in Rs 88 Crore Investment Scam; Husband Sent to 10-Day Police Custody

The ITAT remanded Trust's Section 12A registration application to the CIT(E) for fresh consideration after accepting its claim that technical glitches prevented timely submission of documents.

ITAT Grants Fresh Opportunity for Section 12A Registration After Technical Glitch Claim

The Delhi ITAT quashed reassessment proceedings against taxpayer holding that reopening cannot survive when no addition is made on the original issue forming the basis of reassessment.

ITAT Quashes Reassessment After AO Fails to Make Addition on Original Reopening Issue

The ITAT Ahmedabad directs fresh adjudication of capital gains dispute after observing that issues deserve decision on merits


ITAT Grants Final Opportunity to Claim Section 54F Deduction

The ITAT set aside an ex-parte income tax assessment and directed the AO to conduct a fresh hearing after providing a fair opportunity to the taxpayer.

ITAT Sets Aside Ex-Parte Income Tax Assessment for Breach of Natural Justice

Police rescued a GST audit team after hundreds of traders allegedly blocked them inside a Sowcarpet shop, sparking a major protest.

GST Officials Rescued After Traders Block Audit Team in Chennai

The ITAT remanded a Rs 32.68 crore unexplained cash deposit case after holding that the CIT(A) admitted additional evidence without obtaining the Assessing Officer's mandatory remand report under Rule 46A.

ITAT Remands Rs 32.68 Crore Unexplained Cash Deposit Case Over Rule 46A Violation

ITAT remanded the trust's 12AB registration application to the CIT(E) for fresh consideration after holding that a single opportunity of hearing was insufficient before rejecting the plea.

ITAT Sets Aside Rejection of Trust's 12AB Registration, Orders Fresh Consideration

Income Tax

Finance

ICAI

ITAT Delhi

ITAT

Chartered Accountant

CBDT

Institute of Chartered Accountants of India

The Bombay High Court has directed all ITAT benches to strictly comply with Rule 34 by pronouncing reserved orders within the prescribed 90-day limit.

ITAT Deletes Rs 7.75 Lakh Section 69 Addition After Taxpayer Explains Property Investment:

ITAT Deletes Rs 7.75 Lakh Section 69 Addition After Taxpayer Explains Property Investment

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