ITAT Delhi remanded the matter back to the file of the Assessing Officer in the matter of addition of Rs. 30 Crores u/s. 68 since additional evidence filed under rule 29 of the ITAT Rules, 963 substantiating genuineness of business advances.
ITAT Bangalore partly grants relief of ₹10.50 lakh on demonetisation cash deposit, accepting prior withdrawals as source, confirming remaining amount.
ITAT Cochin allows Chittur Service Co-op. Bank’s 80P deduction, ruling that lending to non-members does not bar the claim, citing Supreme Court’s Mavilayi judgment.
ITAT Nagpur remands Kiran Anil Gothi Vs ITO cash credit case back to CIT(A) for fresh adjudication after assessee failed to provide documentation at initial stages.
ITAT Bangalore restores 80G approval for Rishi Samskruti Vidya Kendra, citing medical emergency for non-appearance. Case remitted to CIT(E) for fresh hearing.
The Kolkata ITAT quashes a reassessment notice issued under Section 148, citing it was time-barred. The decision clarifies the application of TOLA and the new reassessment regime.
ITAT Delhi allows Antar Foundation fresh opportunity for Section 12A registration after notices were not communicated to top management.
ITAT Cochin remands Kangazha Service Co-op. Bank’s tax appeal to CIT(A), citing a lack of merit-based adjudication and a need for a new hearing.
ITAT Ahmedabad denies 80G exemption to an educational trust, citing its failure to justify donations made to other trusts.
ITAT Pune rules cooperative societies can claim S.80P deduction via ITR filed under S.142(1), setting aside denial over delayed e-verification.
