ITAT Ahmedabad remands a case to the CIT(A) for a third time, citing a failure to follow binding directions in a dispute over a bogus purchase.
The Ahmedabad ITAT has quashed a revision order, ruling that no revision is possible when the underlying reassessment order was invalid due to improper sanction.
The Ahmedabad ITAT has deleted additions for unexplained investments and partners’ capital, ruling that the firm had provided sufficient proof of the partners’ creditworthiness.
ITAT Mumbai has set aside a CIT(A) order for deciding an unrelated issue, and has restored the appeal for a fresh adjudication based on the original grounds.
The Mumbai ITAT has remanded a tax case, ruling that the AO was duty-bound to refer a valuation dispute to a DVO under Section 50C(2).
ITAT Chennai grants Foreign Tax Credit to Lakshmi Sundararajan, ruling that the delayed filing of Form 67 is not a mandatory reason for disallowance.
The ITAT Mumbai upholds deductions for Jyothy Labs, ruling that once allowed, they can’t be denied later. The court also addressed issues on interest allocation and capital gains.
The ITAT ordered a fresh hearing for Golden Liquor Agencies, stating that a technical glitch and a wrong email linked to an ex-employee were a reasonable cause.
ITAT deleted farm expense disallowances for Crystal Hatcheries, applying Abhisar Buildwell ruling that no incriminating material means no disallowance in unabated years.
ITAT Bangalore deletes ₹25.8L penalty under Section 271D as AO failed to record satisfaction in assessment order. Procedural lapse proved fatal.
