ITAT Bangalore condones a 349-day delay in a tax appeal, citing the assessee’s illiteracy and issues with his former auditor’s email. The case is sent back for fresh assessment.
he ITAT Mumbai ruled in favor of NK Infra JV a partnership firm directing the removal of a 37% surcharge and cess incorrectly levied by the CPC on an income below the ₹50 lakh threshold.
Tribunal confirmed CIT(A)’s view that alleged accommodation loans were not supported by bank statements. Reopening and addition u/s 69A struck down; Revenue’s case dismissed.
The ITAT Kolkata has set aside an ex parte order against Anup Nayak in a TDS non-deduction case, remanding it to the CIT(A) for re-adjudication.
The ITAT Kolkata has condoned a 265-day delay and restored a company’s quantum and penalty appeals, directing the assessee to pay a Rs.25,000 cost for non-cooperation.
ITAT Kolkata ruled that a deduction u/s 80P cannot be denied for a belated return in AY 2019-20, as the power to do so was only added from AY 2021-22.
In the case of Heena Parthiv Thakkar vs ADIT the ITAT Ahmedabad allowed an assesses appeal granting a claim for additional depreciation on new plant and machinery. The tribunal decision addressed the disallowance of depreciation emphasizing that eligible statutory allowances should be granted even if not claimed initially due to a bonafide mistake.
The Ahmedabad ITAT has invalidated a reassessment order against Pravinbhai Jethabhai Patel, citing the Income Tax Department’s failure to issue a mandatory notice.
The ITAT Delhi has restored an appeal by Mehinder Sharma, previously dismissed by the NFAC for non-compliance, granting a final opportunity to present his case.
ITAT Pune has granted a fresh hearing to an assessee, citing notices sent to a wrong email ID, allowing him to explain cash deposits and property purchases.
