ITAT Cochin sends back trust’s tax exemption denial case to tax officer, stating charging fees doesn’t automatically bar Section 11 benefits.
ITAT Cochin returns tax case involving delayed ITR filing by YWCA to CIT(A) citing insufficient opportunity of hearing, emphasizing natural justice.
ITAT Cochin restores addition on demonetisation-era jewellery sales to CIT(A) for re-adjudication, citing violation of natural justice in ex parte order.
Cochin ITAT remands Rs. 45.74 lakh cash deposit addition during demonetisation for Trichur Heart Hospital, citing need for fresh verification of patient payments.
ITAT Cochin sets aside CIT(A) ruling on Kochin Co-op Society’s cash deposits; directs reassessment following procedural lapse in evidence review.
ITAT Cochin confirms 80P deduction for Kerala University Employees Co-op Society on interest income from co-op banks, SBI, and treasury investments.
ITAT Cochin rules that completing assessment under section 143(3) negates 272A(1)(d) penalty, citing acceptance of later compliance.
ITAT Cochin holds voluntary contributions to unregistered charitable trust taxable. Lack of 12AA registration means no Sec 11 exemption, donations taxed under Sec 2(24).
ITAT cochin bench held that the benefits of new tax regime u/s 115BAC shall not be denied even if there is a delay in filing of Form No. 10IE, provided Form 10IE is filed along with the return of income and it is available at the time of processing the return.
ITAT Cochin remands Joy Thomas’s tax case back to AO, citing failure to consider cash withdrawals, Rule 6DD exceptions, & agricultural income claim in faceless assessment.
