ITAT Kolkata remands case of Daroga Family Foundation to reconsider condonation of delay in filing Form-10B due to COVID-19. The delay caused denial of tax exemption.
ITAT Cuttack remands Sitaram Fruits Co. case to AO for fresh review due to non-receipt of notices and disputed cash payments. Appeal partly allowed.
ITAT Nagpur rules no additions in Faiz Zakir Vali case, as no incriminating materials were found during search despite unabated assessment.
ITAT Mumbai directs re-examination of disallowed R&D deductions and non-deduction of TDS issues; appeal allowed for statistical purposes
ITAT Mumbai rules hardship allowance from developers is a capital receipt, not taxable as income. Assessee’s appeal allowed following Bombay High Court ruling.
ITAT Ranchi remands MD Yasin Construction Pvt Ltd’s appeal due to CIT(A)’s non-mentioning of reasons for dismissal, directing a de novo review.
ITAT Delhi rules that remittances to foreign subsidiaries are not taxable in India, leading to the cancellation of tax penalties on HCL Technologies Ltd.
Mumbai ITAT rules gift from non-resident brother exempt from tax for Abul Wais Abdus Salam, overturning previous additions to income.
ITAT Delhi held that disallowance of purchases and restricting the amount of purchases to 12.50% without examining the documentary evidences produced by the assessee is unjustified. Accordingly, matter remanded back to AO with direction to decide afresh.
ITAT Cochin held that treating section 153D of the Income Tax Act as pari-materia to section 148 mechanism without any such indication in the Act is unjustified and hence matter remanded back to CIT(A).
