Jagat Jewels Vs ITO (ITAT Delhi) -
ITAT rules that an assessee isn't responsible for a non-responsive supplier when purchases were made in earlier years. Lack of supplier's response to a section 133(6) notice doesn't invalidate the transaction....
Pravinchandra Naranbhai Patel Vs ITO (ITAT Ahmedabad) -
Read how ITAT Ahmedabad orders fresh adjudication due to non-cooperation of tax consultant in furnishing property investment details in Pravinchandra Naranbhai Patel case....
GE Precision Healthcare LLC Vs ACIT (ITAT Delhi) -
ITAT Delhi held that software licence fee received as reimbursement, in absence of a Permanent Establishment in India, is not taxable. Accordingly, addition towards the same deleted....
Muniraju Kempanna Vs ACIT (ITAT Bangalore) -
ITAT Bangalore remanded the matter back to AO for fresh consideration as assessee didn’t proved existence of business exigency in making payment in cash and AO didn’t carried necessary enquiry before making addition u/s 40A(3) of the Income Tax Act....
Darshan K Vakharia Mumbai Vs ITO (ITAT Mumbai) -
ITAT Mumbai held that addition under section 68 of the Income Tax Act towards unexplained expenditure merely on the basis of suspicion without any other support is unsustainable in law....
JBJ Technologies Ltd. Vs DCIT (ITAT Delhi) -
ITAT Delhi's verdict on JBJ Technologies Ltd. Vs DCIT: Rectification under Section 154 of Income Tax Act can't adjust prior period expenses....
Neeti Rastogi Vs ACIT (ITAT Delhi) -
An analysis of ITAT Delhi's ruling in the Neeti Rastogi vs. ACIT case, emphasizing CBDT Circular's role in defining unexplained jewellery under the Income Tax Act....
DCIT Vs Narendra Gehlaut (ITAT Mumbai) -
ITAT Mumbai held that interest paid on housing loan borrowed for purchase of flat is not allowable as cost of acquisition....
Bharat Vipan Garg Vs PCIT (ITAT Chandigarh) -
ITAT Chandigarh rules on treating surrendered income as medical profession income in the case Bharat Vipan Garg Vs PCIT. Dive deep into the judgment details....
Swar Maya Infotech P. Ltd. Vs ITO (ITAT Delhi) -
Swar Maya Infotech's treatment of rental and facility management income is evaluated by ITAT Delhi, emphasizing on consistency and accurate deduction claims....