ITAT Bangalore restores appeals for Swastik Properties & Developers, ruling that CIT(A) cannot dismiss appeals for non-prosecution and grants a fresh hearing.
ITAT Mumbai rules that a company’s inadvertent Form 10-IC filing for the new tax regime is not binding if the subsequent tax return claims a MAT credit, which is impermissible under the new regime. The decision restores the company’s MAT credit claim.
ITAT Mumbai rules that CSR expenses can qualify for a Section 80G deduction, clarifying that the restriction on business deductions under Section 37 does not apply.
ITAT Bangalore rules that CIT(E) cannot deny 12AA and 80G registration based on the amount of money spent. The focus should be on the genuineness of the activities and objects.
ITAT Chennai rules that an addition under Section 69 must be based on corroborated evidence, not just third-party documents or a retracted statement.
ITAT Delhi quashes a bogus purchase addition, ruling that an entire purchase amount cannot be disallowed when corresponding sales have been accepted.
ITAT Mumbai sends back a tax case for fresh hearing, ruling that the assessee must be provided with the reasons for reopening the assessment before a final order is passed.
ITAT Bangalore sets aside a CIT(A) ex-parte dismissal, giving an assessee one more chance to present documents and a case for their disallowed expenses.
ITAT Bangalore rules that a CIT(A) cannot dismiss an appeal ex-parte for non-compliance. The court sets aside the order, instructing the CIT(A) to re-hear the case on its merits.
The ITAT Cochin ruled that cash received as a final payment during a property registration is not a violation of Section 269SS, waiving the penalty.
