Delhi ITAT restores a penalty appeal for a deceased assessee, directing CIT(A) to provide legal heirs a fresh opportunity to be heard. Ex-parte order set aside.
ITAT Delhi remands a 12A/80G application. A fresh application for registration as a charitable trust cant be rejected solely because a prior one was denied.
ITAT Delhi: Cash deposits in a dissolved firms bank account are taxable only in the proprietors hands, not the partnerships. The protective addition was deleted.
Delhi ITAT deletes over ₹6 crore in additions, ruling that documents impounded from a property broker related to third-party transactions, not his own income.
Delhi ITAT rules that assessments against a non-searched person must be conducted under Section 153C, not 143(3), when a satisfaction note is recorded. Invalid jurisdiction nullifies the assessment.
Mumbai ITAT rules cash withdrawn before demonetization is not unexplained, deleting a ₹23 lakh addition. The tribunal partly upheld the disallowance of agricultural income.
ITAT Delhi restores Sarita Jain’s reassessment for a new hearing, citing improper service of notices to an incorrect email ID and a violation of natural justice.
CBIC newsletter covers B.N. Banerji Lecture, GST helpdesk expansion, DRI narcotics seizure, and retirement of senior officers on September 1, 2025.
ITAT Delhi dismissed a Revenue appeal and upheld CIT(A)’s decision to tax a vegetable vendor’s cash deposits at a 2% net profit rate, rejecting full amount as unexplained income.
Jai Prakash Virmani Vs DCIT/ACIT (ITAT Delhi) ITAT Delhi Holds Additional Income Applied Towards House Construction Cannot be Taxed Again as Unexplained Investment – Section 69 & 115BBE Not Applicable A survey u/s 133A was conducted at Assessee’s business premises on 23.01.2019. Loose papers indicating cash withdrawals & expenditure on construction of house were impounded. […]
