ITAT Bangalore rules that VAT penalty payments cannot be deducted under Section 37 of Income Tax Act, remanding case for further examination.
ITAT restores Yalamati Raghavendra’s appeal to CIT(A) for adjudication on merits after admitted tax payment, referencing Karnataka High Court’s judgment in SSS Projects Ltd.
ITAT dismisses Duddu Nomeshwar’s appeal as withdrawn, allowing reinstatement if Vivad Se Vishwas Scheme application is rejected by Revenue.
ITAT rules that cash loans advanced in earlier years cannot be taxed under Section 68 in a subsequent year, overturning the AO’s protective assessment.
Assessee was not aware of the notices issued since the same were uploaded only on the e-filing portal: ITAT provided assessee with one more opportunity to represent his case and accordingly the issues are restored to the files of the CIT(A)
ITAT Bangalore cancels ex-parte order in Namtech Electronics Ltd case due to non-compliance with notices, providing another chance to represent before the AO.
ITAT Bangalore remits Saiganapath Hotel’s appeal for AY 2012-13 to CIT(A) after the assessee missed notices due to ongoing litigation with SBI.
ITAT Bangalore remits Rs. 2.24 crore capital introduction issue to AO for fresh consideration, with costs and direction for submission of evidence.
ITAT Bangalore condones a 50-day delay and directs CIT(A) to reassess an appeal involving a deceased assessee’s TDS claims, ensuring substantial justice.
ITAT Bangalore held that once the sale consideration mentioned in the sale deed differs from the stamp value adopted by the officer, AO has to adopt the procedures contemplated u/s. 50C of the Act. Accordingly, appeal filed by the assessee dismissed.
