ITAT Ahmedabad ruled that Section 68 doesn’t apply to a partnership firm for capital introduced by partners, upholding a CIT(A) decision. Appeal dismissed.
ITAT Bangalore remands Section 80P deduction case of Hunnur Souhard Credit Sahakari to CIT(A) for fresh review regarding loans to nominal/associate members.
ITAT remits Venkataraju Chandra Shekar’s case for reassessment after notices were sent to the wrong email, impacting appeal hearing. Fresh adjudication ordered.
ITAT sets aside CIT(A) dismissal of Luv Procon’s appeal due to email notices despite a request for physical communication. Delay condoned; fresh hearing ordered.
ITAT Ahmedabad directs a fresh assessment after AO ignored filed ITR in Govindbhai Hirabhai Bharvad case, due to ex-parte assessment and delay issues.
ITAT Bangalore rules that cash seized from a partner’s premises can be adjusted against the partnership firm’s tax liability, reversing CIT(A) decision.
ITAT Ahmedabad remands CIT(E) order rejecting Manav Seva Mandir’s 80G(5) registration, citing lack of communication and technical issues in notice delivery.
ITAT Ahmedabad dismisses Revenue’s appeal, validates the sale price of unquoted shares in Bipin Babubhai Panchal’s LTCG case, rejecting fabrication claims.
ITAT Ahmedabad directs CIT (E) to process trust’s fresh Form 10AB application under Section 80G(5) despite a 331-day delay in filing the appeal.
ITAT Ahmedabad dismisses Navgujarat Foundation’s appeal but directs CIT (E) to process the fresh Form 10AB application under Section 80G(5).
