ITAT Bangalore deletes an unexplained cash addition, ruling that cash deposits during demonetization are not taxable if they are supported by prior bank withdrawals.
ITAT Bangalore quashes a reassessment order for Star Ceramics, ruling that an improper sanction from the wrong authority invalidates the entire proceeding.
ITAT Bangalore rules that an appeal cannot be dismissed for non-prosecution. The CIT(A) is bound to adjudicate on the merits, especially in complex JDA cases.
ITAT Bangalore deletes additions in the KC Raju Hospital case, confirming that no additions can be made to unabated assessment years without specific incriminating material.
SEO Description: The ITAT Bangalore has remanded a case back to the tax office to verify whether employee PF/ESI contributions were paid on time, noting a discrepancy between the audit report and the taxpayer’s claim.
A co-operative society tax deduction was denied due to a late return. The ITAT has sent the case back to the CIT(A) for a fresh look citing an error in the previous ruling.
ITAT Bangalore sets aside tax demand of ₹7.29 crore on a rural co-op society, citing its inability to explain a ₹4.63 crore cash deposit due to a negligent tax practitioner.
ITAT Bangalore condones a 349-day delay in a tax appeal, citing the assessee’s illiteracy and issues with his former auditor’s email. The case is sent back for fresh assessment.
ITAT Bangalore quashes assessments against Blueline Foods, ruling that a survey is not a valid search and that a panchanama in the company’s name is required.
The ITAT ruled that an employee cannot be taxed on cash deposits that are found to be the employer’s funds, remanding the case for verification of the end-use of the money.
