ITAT Delhi dismissed revenue appeals against Jindal Pipes Ltd., upholding deletion of disallowances on technical know-how fees and captive power expenses and restricting Section 14A disallowance.
ITAT Ahmedabad dismisses Revenue’s appeal, affirming deletion of contingent liability and duplicate PF disallowance in Mahesh Mohanbhai Patel (HUF) case, citing CPC errors.
ITAT Pune rules late fee u/s 234E for TDS returns prior to June 1, 2015, invalid, citing lack of legal mechanism before Finance Act 2015.
ITAT Ahmedabad deletes Rs. 15 lakh cash deposit addition during demonetization, finding assessee established source through prior bank withdrawals.
ITAT Cuttack remands Odisha Rising Foundation Trust’s 80G registration case for fresh review, citing incomplete submission and a need for re-evaluation.
Non-compliance due to overseas employment leads to ITAT remanding Rs. 1.9 crore tax matter for fresh adjudication, offering assessee a new hearing opportunity.
ITAT Pune rules that Foreign Tax Credit is admissible even with delayed Form 67 filing, citing precedents. It also held that dividend income from the USA should be taxed at 25% as per DTAA, not 30%.
ITAT Bangalore condoned a 139-day delay in an appeal by Gautham Kempanna, remanding the case for fresh assessment despite the assessee’s non-response to notices, conditional on a Rs. 20,000 payment to the PM’s Relief Fund.
ITAT Delhi rules in favor of assessee, deleting Section 68 additions for unsecured loans from director and another company, citing sufficient evidence.
Nagpur ITAT dismisses Shri Sant Gajanan Maharaj Urban Co-operative Credit Society’s appeal against a Section 271D penalty, noting it was inadvertently filed before the Tribunal instead of the CIT(A).
