ITAT Delhi partly allows assessee’s appeal, holding Rs.70.46 lakh addition for Kolkata property wrongly made in wife’s hands; entire investment made and disclosed by husband.
ITAT Delhi sets aside an order against Credulity Solutions, citing a violation of natural justice after the CIT(A) failed to consider uploaded documents.
ITAT Delhi sets aside a CIT(A) order for being “non-speaking,” remanding the case for a fresh hearing and a reasoned decision after giving the assessee a fair chance to present evidence.
ITAT Delhi held that multiple residential units on same floor is construed as single residential house for purpose of exemption under section 54 of the Income Tax Act. Accordingly, exemption u/s. 54 allowed and addition deleted.
The ITAT Delhi quashes a tax assessment against Dazzle Developers P. Ltd., ruling that an assessment on a dissolved company is legally invalid.
ITAT Delhi has sent an unexplained cash deposit case back to CIT(A), giving an individual a new chance to prove that the funds were from his father’s land sale.
The ITAT has declared an assessment against SoftwareONE India Pvt. Ltd. void, ruling that an assessment framed in the name of a non-existent, merged entity is invalid, citing a Supreme Court precedent.
The ITAT Delhi has set aside an order that levied an excessive 37% surcharge on the dividend income of Srijan Family Trust, confirming the correct rate is 15%.
The ITAT Delhi deletes a ₹17.95 lakh tax addition on royalty expenses for Travel Food Services, applying the principle of consistency from previous years’ decisions.
ITAT Delhi held that non-resident company assessee was not having any control over employees seconded by it to Indian entity and hence there cannot be any fixed place Permanent Establishment [PE] of the assessee in India. Accordingly, appeal allowed.
