Judgement

ITAT deleted the Section 69 addition, holding that a DVO’s disputed construction-cost estimate cannot alone establish unexplained investment without corroborative evidence.

DVO’s Estimated Construction Cost Not Enough for Section 69 Unexplained Investment Addition, Holds ITAT

ITAT condones 100-day delay and remands the Section 80G(5) approval case for fresh consideration, giving the charitable trust another opportunity to establish its eligibility.

ITAT Condones 100-Day Delay in Section 80G(5) Appeal, Gives Charitable Trust Fresh Opportunity to Establish Eligibility for Approval

ITAT deleted the Rs 1.50 lakh Section 271B penalty, holding that only commission income not the full recharge voucher transactions counted as turnover for tax-audit purposes.

ITAT Relief to Vodafone Distributor: Rs 1.50 Lakh Penalty for Non-Audit of Books Deleted

ITAT deleted Rs 15.96 lakh additions under Sections 69A and 68, holding that cash deposits were adequately explained through disclosed business sales and audited books.

ITAT Deletes Sections 69A and 68 Additions, Holds Cash Deposits from Regular Business Sales Cannot Be Added Without Evidence

ITAT deletes Rs 26.69 lakh addition, holding that an incorrect ITR form and Form 26AS mismatch cannot justify taxing income already disclosed by the taxpayer.

ITAT Holds Merely Filing ITR-4 Instead of ITR-3 Cannot Turn Disclosed Income into Undisclosed Income

ITAT upheld tax relief to the charitable trust after its delayed Form 10B filing was condoned under Section 119(2)(b), rejecting the Revenue’s challenge.

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DVO’s Estimated Construction Cost Not Enough for Section 69 Unexplained Investment Addition, Holds ITAT

ITAT Condones 100-Day Delay in Section 80G(5) Appeal, Gives Charitable Trust Fresh Opportunity to Establish Eligibility for Approval

ITAT Relief to Vodafone Distributor: Rs 1.50 Lakh Penalty for Non-Audit of Books Deleted

ITAT Deletes Sections 69A and 68 Additions, Holds Cash Deposits from Regular Business Sales Cannot Be Added Without Evidence

ITAT Holds Merely Filing ITR-4 Instead of ITR-3 Cannot Turn Disclosed Income into Undisclosed Income

ITAT Rejects Revenue Challenge, Upholds Relief to Charitable Trust After Form 10B Delay Was Condoned Under Section 119(2)(b)