Nagpur ITAT remits Aacharya Shri Rushirajbaba Pratishahan’ s 80G registration rejection for fresh consideration, citing denial of adequate opportunity and ordering re-adjudication.
ITAT Nagpur voids reassessment against Rupesh Dhakate, citing lack of jurisdiction as alleged escaped income fell below the Rs. 50 lakh threshold.
ITAT Nagpur rules against arbitrary 10% cash deposit addition under Section 69A, stating no income can be deemed if explanations are credible.
ITAT Nagpur dismissed the Income Tax Department’s appeal against a civil contractor for AY 2011-12, citing ‘cryptic and nebulous’ grounds and a tax effect below ₹60 lakhs.
Nagpur ITAT dismisses Shri Sant Gajanan Maharaj Urban Co-operative Credit Society’s appeal against a Section 271D penalty, noting it was inadvertently filed before the Tribunal instead of the CIT(A).
Nagpur ITAT quashes rejection of Bhartiya Sadvichar Prasarak Mandal’s Section 12AB registration, citing non-service of order and allowing the trust a fresh hearing opportunity.
ITAT Nagpur has partly allowed a taxpayer’s claim for indexed cost of improvement on a property, scaling down disallowance after finding some renovation expenses plausible.
ITAT Nagpur held that short charging of rent from the trustee cannot be reason for denial of entire claim of exemption under section 11 of the Income Tax Act. Accordingly, order of CIT(A) upheld and appeal of revenue dismissed.
ITAT Nagpur held that addition under section 69A of the Income Tax Act towards unexplained money not tenable in absence of cross-examination and any corroborative evidence on record. Accordingly, appeal of assessee allowed.
ITAT Nagpur held that the provisions of section 56(2)(vii) (b)(ii) of the Income Tax Act came into statute by Finance Act 2013 w.e.f. 01.04.2014 i.e., A.Y.2014-15. Accordingly, provisions cannot be made applicable to date of agreement before 01.04.2014.
