The ITAT Bangalore has quashed a reassessment order, ruling that a tax addition based on documents seized in a third-party search must be made under Section 153C, not 147.
ITAT Bangalore deletes ₹150+ crore additions, quashing assessment due to lack of incriminating material and multiple jurisdictional defects in the proceedings.
ITAT Bangalore condones a 224-day delay in an unexplained cash deposit case, remitting it to the AO for a fresh assessment with a token penalty.
ITAT Bangalore remits a trust’s 80G approval case back to the CIT(E), citing a violation of natural justice for rejecting the application without a proper hearing.
Bangalore ITAT rules large companies like Infosys BPM & Tech Mahindra cannot be comparables for small captive service providers. Loss set-off also directed.
ITAT Bangalore deletes an unexplained cash addition, ruling that cash deposits during demonetization are not taxable if they are supported by prior bank withdrawals.
ITAT Bangalore quashes a reassessment order for Star Ceramics, ruling that an improper sanction from the wrong authority invalidates the entire proceeding.
ITAT Bangalore rules that an appeal cannot be dismissed for non-prosecution. The CIT(A) is bound to adjudicate on the merits, especially in complex JDA cases.
ITAT Bangalore deletes additions in the KC Raju Hospital case, confirming that no additions can be made to unabated assessment years without specific incriminating material.
SEO Description: The ITAT Bangalore has remanded a case back to the tax office to verify whether employee PF/ESI contributions were paid on time, noting a discrepancy between the audit report and the taxpayer’s claim.
