The ITAT has quashed an income tax assessment against Dinesh Kumar Jain, ruling that a mere code name, “Thekedar,” in seized data was not enough to prove unaccounted income without corroborative evidence.
Rajasthan High Court canceled a land transfer, ruling that a power of attorney becomes void upon the death of person who issued it. Sale of a deceased person’s share was found to be invalid.
ITAT Jaipur provides relief to Sharad Kumar Choradia. Though seized records prove bro-kerage, the court remands the case, ordering a realistic re-evaluation of income and a deduction for expenses.
The ITAT Delhi quashed a CIT(A) order passed against a deceased taxpayer, ruling it a nullity. The case was remanded to be decided in the name of the legal heir.
The ITAT Delhi has quashed a reassessment order for Aggarwal Abhushan Private Limited, ruling that the initial notice under Section 148 was issued after the legal
Delhi ITAT rules in favor of a retired railway employee, deleting a Rs15.35 lakh addition under section 69A. The court found the cash deposits were explained by prior withdrawals.
The ITAT Kolkata has condoned a 265-day delay and restored a company’s quantum and penalty appeals, directing the assessee to pay a Rs.25,000 cost for non-cooperation.
ITAT Kolkata ruled that a deduction u/s 80P cannot be denied for a belated return in AY 2019-20, as the power to do so was only added from AY 2021-22.
The Patna ITAT holds that Section 69 applies even without books of account, but remands a case for fresh verification after the assessee provided new evidence of earlier cash payments.
ITAT Raipur has ruled that a CIT(A) cannot dismiss an appeal in limine due to delay, emphasizing that cases must be decided on their merits after proper inquiry.
