ITAT Indore held that reopening of assessment done by Assessing Officer under section 147 of the Income Tax Act, based on tax audit report already available during original assessment, without any fresh and new material is invalid and liable to be quashed.
The ITAT Indore has remanded a tax case to the CIT(A), ruling that the short notice period given to the assessee violated natural justice and warrants a new hearing on the merits.
ITAT Indore remands a case to the CIT(E), ruling that a charitable-cum-religious trust can receive 80G approval if its religious expenses do not exceed 5% of its total income.
ITAT rules in favor of Mariamma Kurian, deleting a Rs.30 lakh tax addition. The court traced the cash deposit to the sale of agricultural land.
Read the full ITAT Indore order on an assessee’s appeal dismissed for a 3-year delay. The court examined reasons for the late filing and rejected the plea for condonation.
ITAT Indore held that AO made addition towards unexplained deposited without being aware of possession of two PAN by single person-assessee. Accordingly, matter remanded to the file of AO with imposition of cost of Rs. 7,000/-.
ITAT Indore sets aside ex-parte order under Section 144 for AY 2017-18, remands case to AO for fresh assessment after admitting additional evidence.
ITAT Indore has remanded a case to the CIT(A) for de novo adjudication after finding the appellate authority ignored the assessee’s reply and tax computation, violating natural justice.
The ITAT Indore has remanded the case of Mahavir Yuva Sarva Trust back to the CIT (Exemption) for re-evaluation of its application for permanent registration under Section 12AB.
ITAT Indore held that retrospective cancellation of registration granted under section 10(23C)(vi) of the Income Tax Act invalid. Amendment brought in statute via Finance Act, 2022 is prospectively effective from 01.04.2022.
