Hyderabad ITAT rules that taxpayers cannot make fresh deduction claims under Section 80IA in response to a notice issued under Section 153A after a search.
ITAT Mumbai upholds long-term capital gains legitimacy in Bhavna Lalit Jain’s appeal, reversing earlier AO additions and clarifying tax treatment.
ITAT Lucknow ruled that additions under Section 56(2)(vii)(b) are unsustainable without a valuation officer’s reference, directing deletion of ₹2.14 crore addition.
ITAT Mumbai quashed reassessment under Section 148 due to improper approval process, emphasizing the need for compliance with Section 151 requirements.
ITAT Mumbai found DRP’s rejection of objections unjustified, remitting the Dresser-Rand case back to the AO for proper adjudication on Transfer Pricing issues.
ITAT Delhi held that assessments for defective returns must be made under Section 144, invalidating prior orders issued under Section 143(3).
ITAT Mumbai held that since deed of conveyance executed on 31.03.2017, provisions of section 56(2)(x) of Income Tax Act are not applicable. Section 56(2)(x) is inserted by Finance Act, 2017 and effective only from 01.04.2017.
ITAT Mumbai held that notice issued under section 148 of the Income Tax Act and procedure adopted being per se illegal hence the notices deserves to be set aside/ quashed.
ITAT Mumbai rules on the appeal of ACIT against Sangeeta Ganpat Sawant regarding undisclosed income and indexed cost of improvement.
ITAT Delhi remands the case of Sanjeev Mittal Vs ACIT for fresh adjudication due to lack of adequate opportunity for the appellant during earlier proceedings.
