Courts: ITAT Amritsar
Find latest ITAT Amritsar judgments, orders and case laws on income tax covering assessments, additions, deductions, exemptions, reassessment, TDS and penalties.
Interest received on FDR with another cooperative society is deductible u/s 80P(2)(d)
Wrong allotment of two PANs cannot set assessee as non-filer for one PAN as return filed via other PAN
Verified corpus donation not taxable even if received by trust not registered u/s 12AA
Condonation not granted in absence of cogent and satisfactory explanation
ITAT Allows Appeals, Remits Cash Ownership Determination to Assessing Officer
Violation of principles of natural justice – ITAT restores matter back to AO
AO cannot calculate acquisition cost on the basis of his own assumption
Revenue authorities cannot go beyond jurisdiction of orders of ITAT
ITAT allows rectification of Mistake by Assessee in treating Capital receipts as revenue receipt
Cash deposited during demonetization: ITAT allows deduction of returned income against peak credit balance
Tax on sale of property belonging to father is not leviable on son
Addition u/s 68 beyond jurisdiction if amount already declared as turnover
Date of presentation of cheque should be deemed as date of payment of employee contribution
Amount declared as turnover cannot be called concealed income & taxed twice
ITAT Amritsar case laws and orders cover a variety of disputes arising under the Income-tax Act. Decisions may concern assessments, additions, deductions, exemptions, capital gains, business income, unexplained credits and investments, reassessment, TDS, penalties and procedural requirements. This TaxGuru page provides taxpayers, Chartered Accountants, advocates, businesses and tax professionals with a dedicated resource for researching ITAT Amritsar judgments and appellate developments. The collection includes recent decisions and important earlier Tribunal rulings published on TaxGuru, helping readers locate relevant income-tax precedents and understand the Tribunal’s treatment of recurring tax controversies.
