Income Tax Assessment Invalid If SCN Sent to Old Email After Update Even If Earlier Notices Acknowledged: Kerala HC

Kerala HC held that an income tax assessment is invalid if a show cause notice is sent to an old email after the taxpayer updates their email, even if earlier…

Continue ReadingIncome Tax Assessment Invalid If SCN Sent to Old Email After Update Even If Earlier Notices Acknowledged: Kerala HC

Inadequate Opportunity of Hearing in Alleged Form 10AB Delayed Filing: ITAT Restores Matter for Reconsideration [Read Order]

The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the appeal to the Commissioner of Income Tax (Exemptions) [CIT(E)] with a direction to reconsider the application for registration under Section 12AB…

Continue ReadingInadequate Opportunity of Hearing in Alleged Form 10AB Delayed Filing: ITAT Restores Matter for Reconsideration [Read Order]

Assessment Order Passed Without Personal Hearing u/s 75(4) of GST Act: Patna HC Quashes Order [Read Order]

The High Court of Patna, quashed an assessment order passed against the assessee for the period 2018-2019, observing that it had been issued without affording a personal hearing as mandated under Section…

Continue ReadingAssessment Order Passed Without Personal Hearing u/s 75(4) of GST Act: Patna HC Quashes Order [Read Order]

Non-Service of Notice Through Opted Physical Mode: ITAT Restores Matter to CIT(A) for Fresh Adjudication [Read More]

The Raipur Bench of Income Tax Appellate Tribunal ( ITAT ) restored matter to the Commissioner of Income Tax(Appeals)[CIT(A)] for fresh adjudication after observing that notices were not served through the assessee’s…

Continue ReadingNon-Service of Notice Through Opted Physical Mode: ITAT Restores Matter to CIT(A) for Fresh Adjudication [Read More]

Unexplained Cash Credit on ₹31.15 Lakh Loan Repayment: ITAT Upholds Deletion Confirming Genuine Repayment Through Banking Channels [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the Revenue’s appeal against the addition of ₹31.15 lakh as unexplained cash credit, upholding the deletion by the Commissioner of Income…

Continue ReadingUnexplained Cash Credit on ₹31.15 Lakh Loan Repayment: ITAT Upholds Deletion Confirming Genuine Repayment Through Banking Channels [Read Order]

Deduction on CSR Donations u/s 80G: ITAT Quashes Revision as AO Verifies Donations to Eligible Institutions [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) quashes the revision order passed under Section 263 of Income Tax Act,1961, holding that the Assessing Officer (AO) had verified the donations…

Continue ReadingDeduction on CSR Donations u/s 80G: ITAT Quashes Revision as AO Verifies Donations to Eligible Institutions [Read Order]

Delay in Filing Income Tax Appeal Due to Personal Problems: ITAT Condones 99 Days Delay [Read Order]

The Cuttack Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the order of the Commissioner of Income Tax(Appeals) [CIT(A)] and condoned a 99-day delay in filing appeals for Assessment Years (AYs)…

Continue ReadingDelay in Filing Income Tax Appeal Due to Personal Problems: ITAT Condones 99 Days Delay [Read Order]

Business Receipts Is Substantiated Source of Cash Deposit: ITAT overturns ₹5.01 Lakh Addition [Read Order]

The Cuttack Bench of the Income Tax Appellate Tribunal (ITAT) has overturned the addition of Rs. 5,01,500 made by the Assessing Officer (AO) under Section 69A of the Income Tax Act, 1961…

Continue ReadingBusiness Receipts Is Substantiated Source of Cash Deposit: ITAT overturns ₹5.01 Lakh Addition [Read Order]

ITAT Dismisses Rs. 6.80 Cr Addition u/s 69A as Finds Transactions Duly Recorded and Explained by Assessee [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue’s appeal and upheld the deletion of a Rs. 6.80 crore addition made under Section 69A of the Income Tax Act,…

Continue ReadingITAT Dismisses Rs. 6.80 Cr Addition u/s 69A as Finds Transactions Duly Recorded and Explained by Assessee [Read Order]