ITAT Pune clarifies retrospective applicability of 12A registration and condones delayed Form 10B filing for charitable trusts, granting Section 11 exemption.
ITAT Pune remands Vardhaman Vasundhara Family Trust’s appeal to CIT(A), citing failure to adjudicate merits of brought forward capital loss set-off and violation of Section 250(6).
ITAT Pune addresses the retrospective application of Section 234E late fees and Section 200A intimations for TDS returns, citing key judicial precedents.
Pune Zilha Madhyawarti Sahakari Vs PCIT (ITAT Pune) ITAT Pune held that revisionary order under section 263 of the Income Tax Act is liable to be quashed as AO conducted detailed enquiry and after proper application of mind has taken one of the view legally permissible and concluded the assessment. Accordingly, appeal allowed. Facts- The […]
ITAT Pune cancels Section 271(1)(c) penalty against Vikas Jayram Bhukan, citing a defective notice that failed to specify the charge, referencing Bombay High Court precedents.
ITAT Pune ruled that employee leave encashment from government and non-government departments must be examined separately for tax exemption under Section 10(10AA).
ITAT Pune deletes ₹5.1 Cr income tax addition against Pradeep Runwal, ruling loose papers from a third-party search lacked corroborative evidence.
ITAT Pune reduced ad-hoc disallowances on salary, advertisement, vehicle, and travel expenses to 10% for Prafulla Shantilal Kothari, citing audited books and no specific defects.
ITAT Pune held that delay of 02 seconds in filing income tax return [ITR] is to be condoned and return is to be treated as filed in time as delay was caused due to technical glitch and last hour rush in website. Accordingly, claim of carry forward business loss allowed.
ITAT Pune condones delay, restores six appeals to CIT(A) for merit-based decision, citing non-compliance with Section 250(6) and assessee’s health.
