ITAT Delhi deletes Rs. 13.16 lakh addition in Aashiyana Civil Contractors P. Ltd. case for AY 2011-12, citing lack of incriminating material in unabated assessment.
ITAT Delhi remands the case of Rs. 29.32 lakh unexplained investment back to CIT(A) due to inadequate reasoning and lack of detailed discussion.
ITAT Chennai rules in favor of Satishkumar Ekambaram for Foreign Tax Credit claim, citing previous rulings. Read the detailed decision for AY 2018-19 & 2019-20.
The assessee filed return for AY 2017-18 declaring Nil income after claiming deduction under Chapter VIA at Rs.13,48,854/- while claiming business loss at Rs.3,56,511/-. Case was selected for scrutiny.
ITAT Ahmedabad remands case for de novo assessment on non-compliance by assessee, upholding cash payment and transport expense disallowances.
CIT (A) was directed to reassess the long-term capital gain (LTCG) claim as it was found that new evidence submitted by assessee had not been considered during the earlier proceedings.
ITAT Mumbai held that in the matter of adjustment of seized cash against self-assessment tax liability restored the matter back to file of AO for re-verification of application filed by the assessee. Accordingly, appeal partly allowed.
ITAT Delhi permits withdrawal of duplicate appeal by AIX Connect Pvt Ltd for AY 2020-21 due to duplication of appeal numbers.
ITAT Ahmedabad dismisses appeal of Nihar Prabhatbhai Desai as withdrawn following application under Vivad Se Vishwas Scheme 2024.
ITAT remands a capital gains addition of Rs.1.81 crore in Aastha Educational Society case to CIT(A) for re-examination and adjudication.