ITAT Mumbai remands Deepak Kumar Chaturvedi’s appeal, directing AO to verify exempt allowance disallowance due to Form 16 and 26AS mismatch caused by employer error.
The ITAT Mumbai has set aside a deemed dividend order against Yashvardhan Gokuldas Binani, allowing re-examination of a loan as a commercial transaction, citing non-compliance.
ITAT Chennai has set aside an ex-parte tax order for Benit & Co. – Electronics Pvt. Ltd., citing notices sent to a spam folder. The case is remanded for a fresh hearing, upholding natural justice.
The ITAT Pune has set aside an income tax addition of Rs. 41 Lakh in demonetized notes for Dashrath Kisanrao, remanding the case to the AO for fresh verification of bank deposit certificates.
TAT Ahmedabad rules income from recorded sales, already taxed, cannot be re-added as unexplained cash credit for Dipakkumar Vyas, citing double taxation.
The ITAT Cochin has remanded the Manarkattu Theatres case to the Assessing Officer for fresh adjudication, citing the failure of lower authorities to consider assessee’s submissions and evidence.
ITAT Mumbai remits trust registration denial for Shree Swatember Murtipujak Jain Tapgachh Sangh Tiker, allowing reconsideration after proposed object clause amendment.
ITAT Ahmedabad upholds allocation of employee benefit expenses to agricultural activities for Super Crop Safe Limited, citing the specialized and labor-intensive nature of their operations. Finance costs and some other expenses were deleted or set aside for re-verification.
ITAT Pune remands Snehbandh Foundation’s 12AB/80G registration denial, citing lack of proper hearing on trustee loans and directing reconsideration in light of judicial precedent.
ITAT Hyderabad rules that a charitable society’s name change with a new PAN requires fresh Section 12A registration for tax exemption. Net surplus, not gross receipts, to be taxed if exemption denied.
