Follow Us:

No Section 80IC deduction if Audit was not completed on or before filing ITR

March 18, 2024 1041 Views 0 comment Print

Securico Electronics vs. ACIT: ITAT Delhi disallows Rs.33,97,998 80IC deduction due to late Form 10CCB filing. Full text analysis & conclusion.

Toyota Financial: ITAT Directs Re-Adjudication on Taxability of NPAs’ Interest

March 18, 2024 624 Views 0 comment Print

Toyota Financial Services India Ltd vs ACIT: ITAT Bangalore provides relief, orders re-adjudication on taxability of NPAs’ interest income. Full text analysis.

ITAT Delhi quashes reassessment initiated by AO on incorrect facts

March 18, 2024 1575 Views 0 comment Print

ITAT Delhi quashes reassessment initiated by AO on incorrect facts. Full text analysis of Shri Anuj Chaudhary vs ITO case for AY 2009-10.

Business Transactions Shouldn’t be treated as Deemed Dividend: ITAT Delhi

March 18, 2024 726 Views 0 comment Print

In ACIT Vs Adiish Jain, ITAT Delhi ruled on deemed dividend under IT Act, deleting the addition. Detailed analysis of the case & judgment.

Addition for Consignment Sales Commission Unwarranted if same duly reflected in P&L account

March 18, 2024 849 Views 0 comment Print

ITAT Delhi rules that no addition shall be made when commission earned from consignment sale of foodgrains is reflected in P&L account. Detailed analysis of ITO Vs Smt. Keshar Devi.

ITAT Pune Directs Readjudication: 80G Exemption Application

March 18, 2024 855 Views 0 comment Print

ITAT Pune remands Sanj Sawali Care Foundation’s 80G exemption application to CIT(E) for reevaluation after failure to produce documentary evidence. Details here.

DCIT Vs Hindustan Thermal EPC: No Disallowance for Business Loss – ITAT Delhi

March 18, 2024 408 Views 0 comment Print

ITAT Delhi rules in favor of Hindustan Thermal EPC, disallowance of expenses deleted, detailed analysis of the case.

If Payees Accounted for Received Amounts & Paid Taxes, Assessee Not in Default under Sec. 201(1)

March 18, 2024 1134 Views 0 comment Print

Explore the detailed analysis of the Satya Kiran Healthcare Pvt. Ltd. vs. ITO case regarding TDS deduction disputes, its implications, and the ITAT Delhi’s verdict.

Section 80G Registration Application cannot be rejected for inadvertent error

March 18, 2024 3861 Views 0 comment Print

Explore the Kolkata ITAT’s verdict on the rejection of Sarda Mission Sevasram Viveknagar’s application for 80G approval due to a wrong clause mention, highlighting rectifiability.

ITAT deletes section 271A(d) penalty due to absence of demand notice

March 18, 2024 1200 Views 0 comment Print

Explore Kolkata ITAT’s ruling on the disallowance of the claim under section 80P by the CPC prior to April 01, 2021, deeming it beyond its jurisdiction, impacting Pairagacha Cooperative Credit Society Ltd.

Search Post by Date
April 2026
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930