A cooperative society’s appeal for Section 80P deduction on interest from cooperative banks is allowed, citing judicial precedents from the ITAT.
ITAT Pune held that in respect of unabated assessment, no addition can be made by AO in absence of any incriminating material found during the course of search under section 132 of the Income Tax Act. Accordingly, order set aside and appeal allowed.
Pune ITAT sends assessee’s tax appeal back to CIT(A) for re-adjudication after five missed hearings, including one during the Covid period.
Pune ITAT rules Section 234E late fee under Section 200A applies prospectively from June 1, 2015, impacts delayed TDS returns processed earlier.
ITAT Pune condones significant delay in cooperative society’s appeals, citing Supreme Court ruling emphasizing pragmatic view over technicalities.
ITAT rules surcharge not applicable for private trust income below ₹50 lakh for AY 2023-24 & 2024-25, citing Araadhaya Jain Trust precedent.
ITAT Pune sends fruit seller’s appeal against Rs. 78 lakh addition back to CIT(A), condoning 13-month delay due to COVID-19 illness based on Supreme Court principles.
Pune ITAT rules Foreign Tax Credit cannot be denied solely due to delayed filing of Form 67. Case remitted to AO for re-examination on merits.
ITAT Pune dismisses Revenue’s appeal against deletion of Rs 12.82 lakh addition, citing CBDT circular on monetary limits for filing appeals.
Pune ITAT orders CIT(A) to condone 55-day delay, hear appeal on merits for Rs 37.46 lakh deduction claimed by Endurance Systems.
