ITAT Kolkata held that the surcharge is leviable only when the amount of income tax is computed where the total income exceeds Rs.50 lakhs. Here, surcharge is not leviable since income is less than Rs. 50 Lakhs. Accordingly, appeal allowed.
ITAT Kolkata held that undisclosed commission income on accommodation entries to be added @0.15% instead of 1%. Accordingly, AO directed to compute the rate the commission @0.15% and not 1%.
ITAT Jaipur held that when the cash found in books are more then physically found no further addition is required to be made in the hands of the assessee. Accordingly, addition towards unexplained cash set aside.
ITAT Agra held that dismissal of appeal by CIT(A) merely because the assessee did not comply with the notices issued by CIT(A), without adjudicating issues arising in the appeal on merits, is not sustainable in the eyes of law keeping in view provisions of Section 250(6).
ITAT Chennai remands appeal of Selvalakshmi Feeds & Farms to CIT(A) for reassessment, citing lack of proper adjudication. Learn key details of this 2024 case.
ITAT Kolkata remands Germinda Pvt. Ltd.’s 2012-13 case to AO for reassessment, citing lack of opportunity for the assessee to present evidence.
ITAT Chennai sets aside CIT(A)’s ex parte order for AY 2020-21 due to sufficient cause for delay and restores the appeal for fresh adjudication.
ITAT Chennai condones 64-day delay in Al-Ameen International Ltd.’s appeal due to the illness of their long-time auditor and restores the case for fresh adjudication.
ITAT Chennai directs a fresh hearing for Krishnan Gopikrishnan’s case on unexplained demonetization cash deposits due to notices sent to an inactive email ID.
Analysis of Mahadevan Vs ITO (ITAT Chennai). Appeal challenging NFAC’s ex-parte order. Case remanded for fresh adjudication with detailed hearing.
