Summary of ITAT Mumbai decision in Tejal Kaushal Shah vs ITO case. Examines Section 54 deduction for joint property and Section 23 deemed rental income dispute.
High Court sets aside GST registration cancellation order, citing absence of reasons and procedural lapses, directs fresh consideration.
Ahmedabad ITAT dismisses Salman Abdulrazak Patel’s appeal for AY 2010-11 after assessee opts for Vivad Se Vishwas Scheme; conditional restoration possible.
Kolkata ITAT quashes tax assessment for AY 2017-18, ruling that Section 143(2) scrutiny notice failed to comply with mandatory CBDT instructions.
Assessee challenged this, arguing the procedure under Section 148A was not followed. The Supreme Court ruled that notices after 31.03.2021 had to follow the amended Section 148A.
ITAT rules corpus donations to a society are capital receipts, not taxable income, regardless of 12AA registration, citing judicial precedents.
Amount received by assessee trust from its settler, towards infrastructure fund, was not taxable in hands of assessee, despite the fact that the assessee trust was not registered u/s 12A of Act in that year.
ITAT Raipur allows tax exemption for Prem Prakash Mandal Sewa Trust, citing retrospective effect of Section 12A(2) proviso and pending appeal status.
Ahmedabad ITAT dismisses Revenue’s appeal against Vipulbhai Labhubhai Patel after assessee settles tax dispute under Vivad Se Vishwas Scheme, 2024.
Supreme Court in Wadia vs ACIT case directs petitioner to file tax return under protest, tax officer to follow GKM Driveshafts procedure.
