Delhi ITAT Quashes Section 153C Assessment: Belated Satisfaction Note Vitiates Jurisdiction
Delhi ITAT held delayed satisfaction recording vitiated Section 153C jurisdiction and quashed the assessment against the non-searched assessee.
Delhi ITAT: No Section 68 Tax on Mere Book Entry; 60% U/s 115BBE Inapplicable
Ahmedabad ITAT: Ex-Parte Order Set Aside, ₹35.50 Lakh Deposit Issues Remanded
Ahmedabad ITAT: ₹13.68 Crore Demonetisation Deposits Not Taxable u/s 69A on Suspicion Alone
Jodhpur ITAT: U/s 12AB/80G Applications Not Rejected for Curable Lapses; Remand Limited to Rejection Grounds
Foreign Assets of Small Taxpayers- Disclosure Scheme Rules, 2026
Jodhpur ITAT: U/s 12AB/80G Registration Cannot Be Mechanically Rejected for Curable Defects
Pune ITAT Deletes ₹2.61 Crore Addition: Genuine Jewellery Sales Not Taxable U/s 68
Mumbai ITAT Deletes Section 270A Penalty on Section 11(6) Depreciation Disallowance
CESTAT Chandigarh Rejects Customs Case on Pakistani Origin for Lack of Authenticated Foreign Evidence
CESTAT Chennai Sets Aside IGST Demand, Interest, Fine & Penalty After DGFT Redemption
CESTAT Ahmedabad Sets Aside Interest, Fine and Penalty on IGST for Time-Barred Demand
CAAR Classifies Cashew Splits Under Tariff Item 0801 32 90
NCLT Dismisses SFIO Disgorgement Plea Over ₹100.50 Crore Aircel Call Option Payment
NCLT Holds 25.42% Shareholder Eligible to Maintain Oppression-Mismanagement Petition
NCLT Directs Meetings for Siemens Energy Companies’ Amalgamation & Capital Reduction
Calcutta HC Upholds Discharge of CA in Company Law Case Due to Lack of Mens Rea & Limitation Bar
Pune ITAT: Non-Taxable Receipt Mistakenly Offered in ITR Cannot Be Taxed; Goetze Does Not Bar Relief
Pune ITAT held Goetze does not bar Tribunal relief and remanded verification of gratuity, agricultural land sale and Post Office FD receipts.
Pune ITAT: Income Already Taxed Cannot Be Added Again as Unexplained Money
Pune ITAT deleted Section 69A additions, holding income already disclosed and taxed in the husband’s hands could not be taxed again in either spouse’s…
Pune ITAT: Cash Deposits Taxation Reduced by ₹5 Lakh; Peak-Credit Theory Rejected
Pune ITAT rejected peak-credit claim for lack of evidence but granted ₹5L relief from ₹13.76L cash deposit addition under Section 69A.
Ajay Kumar Agrawal FCA, a science graduate and fellow chartered accountant in practice for over 26…
I, S. Prasad, am a Senior Tax Consultant with continuous practice since 1982 in the fields…
