Judgement

The ITAT Bangalore ruled revisionary order is issued after expiry of statutory limitation.

ITAT Quashes Section 263 Revision as Time-Barred

The ITAT Ahmedabad grants assessee another opportunity to substantiate unexplained expenditure and alleged unsecured loans.


ITAT Remands Rs 2.20 Crore Addition Under Section 69C for Fresh Examination

A Ghaziabad CBI court sentenced former Sub Post Master Ved Prakash Pandey to three years in jail for misappropriating Rs 15.27 lakh in postal funds.

CBI Court in Ghaziabad Sentences Former Sub Post Master to Three Years in Jail for Misappropriating Rs 15.27 Lakh in Postal Funds

The CBI has apprehended a proclaimed offender who had been absconding for over 25 years in connection with a fodder scam case, while travelling from Guna (M.P.) to Lucknow (U.P.).

CBI Arrests Proclaimed Offender in Fodder Scam Case Absconding for Over 25 Years

The ITAT Ahmedabad directs fresh hearing and emphasises reasonable opportunity of being heard.

ITAT Remands Interest Addition to CIT(A) for Fresh Adjudication Due to Email Access Issues

The ITAT Mumbai deleted a Rs 10 lakh penalty under the Black Money Act, ruling that the inadvertent omission of foreign ESOP investments from Schedule FA did not amount to deliberate concealment.

ITAT Deletes Rs 10 Lakh Penalty Under Black Money Act, Holds Omission of Foreign ESOPs in Schedule FA Was Inadvertent

The ITAT allows appeal for AY 2014-15, subject to the AO verifying the settlement payment under the Direct Tax Vivad Se Vishwas Scheme, 2024, and issuing Forms 4 and 5.

ITAT Allows Appeal Over Rs 26.03 Lakh Addition After Assessee Settles Tax Dispute Under Vivad Se Vishwas Scheme 2024

The ITAT Patna sets aside ex-parte CIT(A) orders for denial of hearing and non-adjudication of grounds on merits.

ITAT Remands Rs 1.30 Crore Unexplained Money Addition and Penalty for Fresh Hearing

The ITAT Ahmedabad relies on investigation findings, bank trail and modus operandi to reject taxpayer’s claim.

ITAT Upholds Disallowance of Political Donation Deduction Under Section 80GGC

The ITAT Ahmedabad holds that claiming an inadmissible deduction does not automatically amount to Misreporting Under Section 270A .

ITAT Deletes Penalty for Misreporting Income on Political Donation Deduction Under Section 80GGC

Income Tax

Finance

ICAI

ITAT Delhi

ITAT

Chartered Accountant

CBDT

ITAT Mumbai

eMudhra announces plans to shut its global SSL/TLS certificate business after eight compromised cryptographic keys trigger worldwide security concerns and scrutiny from major technology companies.

eMudhra Announces Exit From Global Digital Certificate Business After Major Security Flaw Raises Internet Safety Concerns

The ITAT examined whether a Rs 10 lakh penalty under Section 43 of the Black Money Act was justified for omitting foreign ESOP shares from Schedule FA despite disclosure of their value elsewhere in the income-tax returns.

ITAT Quashes Section 263 Revision as Time-Barred:

ITAT Quashes Section 263 Revision as Time-Barred

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