ITAT deleted farm expense disallowances for Crystal Hatcheries, applying Abhisar Buildwell ruling that no incriminating material means no disallowance in unabated years.
ITAT Bangalore deletes ₹25.8L penalty under Section 271D as AO failed to record satisfaction in assessment order. Procedural lapse proved fatal.
ITAT Mumbai ruled that property transfer is effective on date of possession and payment, not registration. Section 43CA cannot override a completed transfer.
ITAT Bangalore ruled that an addition cannot be made to a concluded assessment during a search without incriminating material. A statement u/s 132(4) is not enough.
ITAT Bangalore set aside a CIT(A) order for mechanically dismissing an assessee’s appeal. The court ruled the CIT(A) must provide a basis for discarding an AO’s remand report.
ITAT Bangalore has ruled that reassessment proceedings initiated against a deceased individual are void. The tribunal stated that updating the tax portal is sufficient notice.
ITAT Bangalore has set aside an ex-parte order from the CIT(A) after finding that hearing notices were sent to the wrong email address, denying the taxpayer a fair hearing.
ITAT Bangalore rules that a revised Foreign Tax Credit claim cannot be denied merely due to the late filing of Form 67, upholding the principle of avoiding double taxation.
The ITAT Bangalore quashed a reassessment against Holy Spirit Educational Society, ruling that the AO’s failure to dispose of objections before passing the final order was illegal.
The ITAT Bangalore dismissed a revenue appeal against Rajiv Gandhi University, upholding its Section 11 exemption and rejecting a tax addition due to low tax effect.
