ITAT Archives - Page 2 of 3

ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AO’s Reliance on Unverified STR Information [Read Order]

Income Tax Appellate Tribunal (ITAT) Relieves Taxpayer in ₹11.73 Crore Case ITAT Upholds Deletion of ₹11.73 Crore Cash Credit Addition In a significant ruling, the

Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]

ITAT Gives Second Chance in ₹9 Lakh Cash Deposit Case ITAT Grants Second Chance to Prove Source of ₹9 Lakh Cash Deposit In a significant

Addition of ₹99.2L Cash Deposit due to non compliance of Notice to prove source of cash: ITAT Allows One Final Opportunity to Assessee [Read Order]

ITAT Grants Final Opportunity in ₹99.2 Lakh Cash Deposit Case ITAT Grants Final Opportunity in ₹99.2 Lakh Cash Deposit Case In a recent ruling, the

ITAT restores appeal to CIT(A) over property valuation, Citing assessee’s inability to access Notice Through emails [Read Order]

ITAT Gives Second Chance in Property Valuation Case: Appeal Restored for Fresh Hearing Property Valuation Case: ITAT Orders Fresh Hearing, Cites Communication Gap In a

ITAT Allows Carry Forward of Loss, Deletes Late Fee as Partner Filed Return Within Extended Due Date u/s 92E [Read Order]

ITAT Relief: Capital Loss Carry Forward Allowed, Late Fee Waived for Partner Return Tax Relief for Partnerships: ITAT Upholds Carry Forward of Capital Loss and

SCN Issued for Property Purchase to Wrong Assessment Year: ITAT Quashes PCIT Order [Read Order]

ITAT Relief: Tax Notice Quashed Over Assessment Year Error ITAT Annuls Tax Order, Cites Critical Flaw in Assessment Year In a significant ruling offering relief

Addition of Rs. 46.87 Lakhs Based on Partner’s Seized Documents: ITAT Quashes Assessment for Bypassing S.153C Procedure [Read Order]

Income Tax Tribunal Quashes Assessment of ₹46.87 Lakhs Income Tax Tribunal Quashes Assessment of ₹46.87 Lakhs, Cites Procedural Lapses In a significant ruling, the Income

AO cannot Make Addition on Bogus Purchases without Rejecting Books or Reported Sales : ITAT says such Addition Legally Unsustainable [Read Order]

Income Tax Tribunal: Assessing Officer Can’t Add Bogus Purchases Without Rejecting Books Income Tax Tribunal: No Addition for ‘Bogus’ Purchases Unless Books Rejected In a

Disallowance of Business Expenses Made Without Proper Justification: ITAT Restricts It to 10% of Expenses Claimed [Read Order]

ITAT Caps Disallowance of Unjustified Business Expenses at 10% ITAT Caps Disallowance of Unjustified Business Expenses at 10% In a significant ruling impacting businesses across

Total Income 100% Tax-Exempt if S.80P Deduction Allowed: ITAT dismisses appeal noting No Effect on Disallowances [Read Order]

ITAT Upholds 100% Tax Exemption for Co-operative Society Under Section 80P ITAT Reaffirms 100% Tax Exemption Under Section 80P; Dismisses Co-operative Society’s Appeal In a

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Tag: ITAT

ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AO’s Reliance on Unverified STR Information [Read Order]

Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]

Addition of ₹99.2L Cash Deposit due to non compliance of Notice to prove source of cash: ITAT Allows One Final Opportunity to Assessee [Read Order]

ITAT restores appeal to CIT(A) over property valuation, Citing assessee’s inability to access Notice Through emails [Read Order]

ITAT Allows Carry Forward of Loss, Deletes Late Fee as Partner Filed Return Within Extended Due Date u/s 92E [Read Order]

SCN Issued for Property Purchase to Wrong Assessment Year: ITAT Quashes PCIT Order [Read Order]

Addition of Rs. 46.87 Lakhs Based on Partner’s Seized Documents: ITAT Quashes Assessment for Bypassing S.153C Procedure [Read Order]

AO cannot Make Addition on Bogus Purchases without Rejecting Books or Reported Sales : ITAT says such Addition Legally Unsustainable [Read Order]

Disallowance of Business Expenses Made Without Proper Justification: ITAT Restricts It to 10% of Expenses Claimed [Read Order]

Total Income 100% Tax-Exempt if S.80P Deduction Allowed: ITAT dismisses appeal noting No Effect on Disallowances [Read Order]