During the year, assessee has entered into several international transactions as per Form 3CEB and after analyzing the transactions under consideration. By relying on various decisions, TPO has rejected the submissions of the assessee.
ITAT Delhi sets aside assessment orders against Telenor India Communication Private Limited, finding them void as the entity merged with Bharti Airtel and ceased to exist before the orders were passed.
ITAT Delhi quashes final assessment order passed without a mandatory draft order under Section 144C(1), deeming it void from the beginning.
ITAT Delhi deletes business expense and Section 14A disallowances for NDTV Networks, remits director pay issue to AO.
ITAT Delhi sets aside CIT(A)’s ex-parte order against Sandha & Associates due to lack of notice, restoring the appeal.
The assessee company, engaged in the business of real estate, having multiple ongoing projects of construction and also selling upon the plots of land. The case of the assessee was selected for scrutiny assessment through CASS.
ITAT Delhi held that mere confession of accused cannot be a ground for conviction since the same is not supported by credible evidence on records. Accordingly, addition under section 69 of the Income Tax Act deleted.
ITAT Delhi favors Santosh Hospital, quashing AY 2014-15 assessment due to invalid notices under Sections 143(2) and 153C of Income Tax Act.
ITAT Delhi invalidates assessment against elderly woman due to AO’s failure to obtain mandatory prior approval under Section 153D of Income Tax Act.
ITAT Delhi holds interest on enhanced land acquisition compensation under Section 28 is tax-free under Section 10(37), not taxable under Section 56.
