ITAT Mumbai rules that penalty cannot be maintained after assessment order is quashed, restoring a case to CIT(A) for fresh hearing.
Summary of ITAT Ahmedabad’s decision in Anantrai Vithalbhai Parmar vs. CIT (Appeals) for AY 2017-18. Case remanded for reassessment, emphasizing natural justice.
ITAT Ahmedabad held that the Assessee Trust being purely a religious activities of particular Community is not entitled for registration as a specified violation under Explanation [d] of Section 12AB(4) of the Income Tax Act.
ITAT Agra held that matter of levying penalty u/s. 271(1)(c) of the Income Tax Act restored back to file of AO since Tribunal restored matter of addition towards unexplained cash deposit for quantification.
ITAT Patna’s decision in Dharmendra Kumar vs. ITO regarding ₹1.10 crore treated as unexplained income. Appeal dismissed due to non-compliance.
ITAT Mumbai ruled on the reopening of Canbara Infra Pvt Ltd’s tax assessment, addressing loans from directors and Section 68 additions.
ITAT Chennai rules that filing Form 67 for Foreign Tax Credit is directory, not mandatory, dismissing Revenue’s appeal against relief granted to the assessee.
Analysis of ITAT Jaipur’s decision in Shiv Vegpro Pvt. Ltd. Vs PCIT, addressing Section 263, delay condonation, and tax assessment disputes for AY 2017-18.
In the case of Eapen George Vs ITO (ITAT Bangalore), the Tribunal examined the non-resident’s right to be heard during reassessment proceedings and the rejection of additional evidence.
Detailed analysis of the ITAT Jaipur decision in Dinesh Kumar Chaurasia Vs ACIT on unexplained investments, Section 263 jurisdiction, and procedural lapses.
