The ITAT Chandigarh rules that a CIT(A) has the power to set aside and remand an ex parte assessment under Section 251(1)(a), dismissing the Revenue’s appeal.
The ITAT Chandigarh ruled that a show cause notice was defective and invalid, leading to the deletion of a penalty imposed on G.S. Auto Comp Pvt. Ltd.
ITAT Chandigarh held that exemption u/s 11 & 12 cannot be denied in entirety to a charitable trust for interest-free advances to related parties. Only undue benefit under s.13(3) can be taxed. Matter remanded to AO.
The ITAT Chandigarh rules a tax reassessment notice invalid because it was issued by a Jurisdictional Assessing Officer instead of a Faceless Assessing Officer.
ITAT Chandigarh directs the Assessing Officer to verify if the assessee paid a portion of GST before the return due date to allow deduction under Section 43B.
ITAT Chandigarh partially allows Sukh Pal Singh’s appeal, adjusting long-term capital gains by accepting a higher cost of acquisition and partial Section 54F deduction.
The ITAT Chandigarh ruled that a penalty notice without a specific charge is invalid, leading to the deletion of a penalty under Section 271AAB.
The ITAT Chandigarh deleted additions under Section 153A, ruling that an assessment cannot be reopened without incriminating material found during a search.
A Chandigarh hospital’s Rs.3.91 crore tax addition is remanded for reassessment after a faulty software report skewed patient data, causing a major tax dispute.
It was pertinent to note that assessee was an agriculturist and semiliterate person, not well versed with the income tax proceedings, therefore, it was the duty of AO to apprise him the correct position instead of putting an extra tax liability because of his ignorance.
