ITAT Restores Unsecured Loan Addition for Fresh Verification by Assessing Officer
ITAT Restores Unsecured Loan Addition for Fresh Verification by Assessing Officer The Mumbai Bench of the Income Tax Appellate Tribunal […]
ITAT Remands Addition Made on Property Purchase Value Difference And Directs Fresh Examination of the Addition under Section 56(2)(x)
ITAT Remands Addition Made on Property Purchase Value Difference And Directs Fresh Examination of the Addition under Section 56(2)(x) The […]
ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence
ITAT Restricts Addition And Holds AO Cannot Multiply Seized Figure by 100 Without Supporting Evidence The Income Tax Appellate Tribunal […]
Income Tax Addition of Rs 1.34 Crore Based on Search Material Quashed; ITAT Says Department Applied Wrong Section
Income Tax Addition of Rs 1.34 Crore Based on Search Material Quashed; ITAT Says Department Applied Wrong Section The ITAT […]
ITAT Rules Rental Receipts Still Taxable as House Property Income
Charging GST on Rent Doesn’t Make It Business Income: ITAT Rules Rental Receipts Still Taxable as House Property Income The […]
ITAT Directs CIT(A) to Condone Delay and Hear Appeal on Merits; Sets Aside Quantum and Penalty Orders
ITAT Directs CIT(A) to Condone Delay and Hear Appeal on Merits; Sets Aside Quantum and Penalty Orders The Ahmedabad Bench […]
Recovery of earlier advances cannot automatically be treated as unexplained income
Delhi ITAT: Recovery of earlier advances cannot automatically be treated as unexplained income The Delhi Bench of the Income Tax […]
No Nexus, No Reopening: ITAT Sets Aside Assessment
No Nexus, No Reopening: ITAT Sets Aside Assessment The assessee is an individual who made a declaration of income in […]
ITAT Grants Relief in Reassessment Based on Third-Party Inputs
ITAT Grants Relief in Reassessment Based on Third-Party Inputs In Major Suresh Yadav v. Income Tax Officer, the assessee, engaged […]
Income Tax Reopening Based on External Input Set Aside; SC Refuses Interference
Income Tax Reopening Based on External Input Set Aside; SC Refuses Interference In this case, the High Court addressed the […]