The ITAT Nagpur has set aside an ex-parte income tax addition of ₹7.38 lakh against a senior citizen agriculturist, citing lack of proper notice and unproven agricultural income.
ITAT Nagpur remands Gayatri Gram’s 80G exemption appeal, instructing CIT(E) to reconsider a fresh application after initial rejection due to a technical error in the application clause.
ITAT Nagpur dismisses revenue appeals against Maharashtra Urban Co-operative Credit Society Ltd, affirming its entitlement to Section 80P deductions on interest income from nominal members and bank deposits, distinguishing the Supreme Court’s Totgars’ Co-operative Sales Society Ltd ruling.
ITAT Nagpur rules Aditya Urban Co-operative Credit Society’s FDR interest is eligible for 80P deduction, distinguishing it from surplus fund cases.
ITAT Nagpur remands Kiran Anil Gothi Vs ITO cash credit case back to CIT(A) for fresh adjudication after assessee failed to provide documentation at initial stages.
ITAT Nagpur condones a 607-day delay in Astavinayak Gramin Bigar Sheti’s appeal, ruling that an assessment order on a surrendered PAN constituted justifiable cause.
ITAT Nagpur condones delay in filing and remands income tax appeal by Amol Kolakar back to CIT(A) for fresh hearing on merits, citing principles of natural justice.
ITAT Nagpur granted a taxpayer a second chance, setting aside an ex-parte CIT(A) order due to non-appearance and remitting the case for fresh adjudication based on natural justice principles.
The ITAT Nagpur has condoned a 510-day delay in an income tax appeal, finding the assessee’s reasons, including email oversight, illiteracy, and communication gaps, to be genuine. The case is remitted for merits-based adjudication.
ITAT Nagpur held that co-operative society is eligible to claim deduction under section 80P of the Income Tax Act in respect of interest earned from credit facilities extended to nominal members. Accordingly, appeal of assessee allowed.
