Sponsored
    Follow Us:

All ITAT

ITAT Delhi explains limitation for passing of penalty order

June 13, 2024 456 Views 0 comment Print

Detailed analysis of ITO vs Turner General Entertainment Networks India Pvt. Ltd. case before ITAT Delhi. Penalty order deemed invalid due to limitation.

Bonus Shares Have Nil Acquisition Cost for Capital Gains Calculation: ITAT Bangalore

June 13, 2024 618 Views 0 comment Print

ITAT Bangalore dismisses valuation of bonus shares under Income Tax Act sec. 55(2)(aa)B. Detailed analysis of Zash Traders vs ACIT case. Read full order.

Cash deposit in Joint account with other relatives: ITAT deletes addition

June 13, 2024 627 Views 0 comment Print

ITAT Ahmedabad rules no tax on cash deposits from relatives if affidavits provided. Sakina Ahmedali Kantavala vs ITO case highlights proper affidavit usage in tax assessments.

No Assessment Order could be Passed in name of Non-Existent Entity after an intimation was given to AO

June 12, 2024 1629 Views 0 comment Print

ITAT Mumbai invalidates income tax assessment for a merged entity, emphasizing the legal principle against actions on non-existent entities.

Assessee cannot be Penalized for Purchasers’ Failure to Record Transaction

June 11, 2024 1155 Views 0 comment Print

Delve into the detailed analysis of the ACIT Vs Dewas Soya Limited case by ITAT Indore. Explore the crux of arguments, legal aspects, and conclusions drawn from the order.

AO Cannot Uniformly Apply 40% Expense Benchmark to Agricultural Revenue

June 11, 2024 555 Views 0 comment Print

Read the detailed analysis of Chaudhari Nanubhai Jeshingbhai (HUF) Vs DCIT case where the ITAT Ahmedabad ruled on reducing agricultural income based on expenditure claimed by the assessee.

ITAT deletes addition of interest based on principle of presumption regarding interest-free funds

June 11, 2024 426 Views 0 comment Print

The case of Eknath Ramkrisnanrao Salve Vs. Income Tax Officer (ITAT Pune) revolves around three primary issues: the taxability of subsidy received, disallowance of interest on interest-free advances, and disallowance of agricultural income on an estimated basis.

ITAT Rulings on TP Adjustments, ESOP Expenses & Section 14A Disallowance

June 11, 2024 378 Views 0 comment Print

Tribunal upholds CIT(A) decisions in DCIT Vs Astral Limited case, offering key insights on TP adjustments, ESOP expenses, and Section 14A disallowance.

ITAT Mumbai set aside Section 69 addition for alleged Unexplained Cash

June 11, 2024 948 Views 0 comment Print

Detailed analysis of the ITAT Mumbai ruling in Hemant Samarataji Lohar Vs CIT (Appeals-54), overturning addition of undisclosed income under section 69A.

Section 80M deduction allowed for dividend ‘distributed’ on or before due date

June 9, 2024 654 Views 0 comment Print

In Purnasons Pvt. Ltd vs. ITO, ITAT Kolkata rules on the allowance of deductions under Section 80M of the Income Tax Act when dividends are distributed within the due date.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031