ITAT Delhi cuts ad hoc expense disallowance for Biolife Medical Pvt. Ltd. from 10% to 4%, citing lack of proof and comparables, with a non-precedent clause.
ITAT Pune remands Vardhaman Vasundhara Family Trust’s appeal to CIT(A), citing failure to adjudicate merits of brought forward capital loss set-off and violation of Section 250(6).
Delhi ITAT sets aside reassessment notices against Sampark Management Consultancy LLP, citing invalid sanction post-Finance Act, 2021, and lack of proper authority approval.
Ahmedabad ITAT directs CIT(Exemption) to review Shree Kadava Patel Gau Seva Samaj Jamvali’s tax exemption applications on merits, overturning procedural dismissal.
Madras High Court sets aside tax demand against Roop Rajat Exports, citing lack of personal hearing and natural justice violation under GST Act.
ITAT Delhi allows full relief to salaried individual for demonetization cash deposits, citing religious beliefs and proven salary withdrawals.
Visakhapatnam ITAT dismisses revenue’s appeal in DCIT vs. Datla Vivekananda Raju, upholding telescoping benefit for marriage expenditure against company’s admitted income.
Madras High Court rules assessment reopened under Section 147, completed under 143(3), is invalid if mandatory Section 143(2) notice isn’t issued.
Delhi ITAT rules against Ashok Kumar, denying Section 54F exemption for a residential property bought in his mother’s name, citing jurisdictional precedents.
ITAT Ahmedabad dismisses ₹7.88 Cr bogus sales addition against jeweler during demonetization, citing lack of corroborating evidence and accepting assessee’s explanations.
