ITAT upholds PCIT’s revision of an assessment order. The AO failed to probe cash payment for a second property purchase, rendering the initial order erroneous and prejudicial.
ITAT condones assessee’s 87-day delay in filing appeal with CIT(A), citing COVID-19 pandemic. Case sent back to CIT(A) for decision on assessment merits.
ITAT Hyderabad upholds Rs 1.33 cr TP adjustment against Hammond Power Solutions for technical/stewardship services, citing insufficient evidence of service delivery.
Pune ITAT condonès 191-day delay in tax appeal after assessment order email went to spam; remits case for merits review, citing judicial precedents.
Ahmedabad ITAT upholds disallowance of Section 35(1)(ii) tax deduction for donation to Shri Arvindo Institute as trust’s approval had expired in 2006.
Delhi ITAT dismisses over Rs 1.63 crore tax addition on jeweller’s demonetisation cash deposit, faulting algorithm and lack of challenge to sales genuineness.
Cochin ITAT remands Rs. 45.74 lakh cash deposit addition during demonetisation for Trichur Heart Hospital, citing need for fresh verification of patient payments.
ITAT Delhi remits ex-parte order against Sohanvir Singh to AO, citing denial of adequate opportunity of being heard, upholding natural justice.
ITAT Delhi dismisses revenue’s appeal against Sahil Kohli for AY 2016-17 due to tax effect being below ₹60 lacs, citing CBDT Circular No. 09/2024.
ITAT Lucknow sets aside NFAC order on ₹43 lakh cash deposit addition, remands case for fresh hearing on merits, citing natural justice.
