Thereafter, there was change in incumbent and fresh opportunity was provided and notice u/s.142(1) was issued. But this notice was returned back with the remarks that “the assessee was not in given address”.
ITAT set aside the CIT(A)’s order and remanded the matter back to the CIT(A) to decide the appeal afresh after providing the AO an opportunity under Rule 46A(3) to examine the new evidence submitted by the assessee.
ITAT Pune held that non-inclusion of disallowance u/s. 43B while filing income tax return is bona fide and inadvertent error. Accordingly, imposition of penalty under section 270A for bona fide mistake without intent to evade payment of tax is not justifiable.
ITAT Pune rules AO failed to justify penalty under Section 270A, citing lack of clear misreporting by assessee for AYs 2017–18 and 2018–19.
ITAT Pune quashes revision order against Angre Port Pvt. Ltd. on legal expense claims, ruling AO had conducted due inquiry and adopted a permissible view.
ITAT Pune allows appeal in Kamlesh Bhandari vs ITO, deleting ₹24.25 lakh addition for unexplained deposits, citing lack of contrary evidence by Revenue.
ITAT Pune remands Nirmal Foundation’s 12A registration case, imposing ₹2,500 cost for non-compliance. Case sent back to CIT(E) for final opportunity.
ITAT Pune rules one-time membership and share fees as capital receipts for Veershaiv Cooperative Bank, reversing lower authority’s revenue classification.
ITAT Pune grants partial relief in cash deposit case during demonetization under Section 69A. Dispute centered on unexplained deposits of ₹21.4 lakh.
ITAT Pune quashes PCIT’s Section 263 order against Shree Balaji Associates, stating AO made inquiries; no lack of inquiry found.
