Income Tax : ITAT held that additions based solely on third-party search material without independent evidence or cross-examination are invalid...
Income Tax : A detailed look at how the Finance Act, 2021 reshaped Sections 147–151, introduced Section 148A, and reduced limitation periods ...
Income Tax : The Finance Bill, 2026 clarifies who can issue notices under sections 148 and 148A. It confirms that only jurisdictional Assessing...
Goods and Services Tax : The court held that once late fee is imposed for delayed annual return filing, a further general penalty is not permissible. Secti...
Income Tax : The issue was whether an assessment could be reopened after four years. The Court held that full disclosure by the taxpayer barred...
Income Tax : Learn about the new block assessment provisions for cases involving searches under section 132 and requisitions under section 132A...
Income Tax : Discover how Finance Act 2021 revamped assessment and reassessment procedures under Income-tax Act, impacting notices, time limits...
Income Tax : Income Tax Gazetted Officers’ Association requested CBDT to issue Clarification in respect of the judgement of Hon’ble Supreme...
Income Tax : In view of Indiscriminate notices by income Tax Department without allowing reasonable time it is requested to Finance Ministry an...
Income Tax : Lucknow CA Tax Practicioners Association has made a Representation to FM for Extension of Time Limit for Assessment cases time bar...
Income Tax : The issue was deletion of additions on unsecured loans treated as unexplained cash credits. The tribunal upheld deletion, holding ...
Income Tax : The issue involved dismissal of appeal due to delay and non-appearance. The tribunal condoned the delay citing medical reasons and...
Income Tax : The issue was whether reassessment could be initiated after four years without fresh evidence. The court held such reopening inval...
Income Tax : The issue was whether reassessment notice issued without approval from the correct authority is valid. The tribunal held it invali...
Income Tax : The Court held that reassessment proceedings must be initiated within the statutory time limit. It found the notice issued after t...
Income Tax : ITAT Chandigarh held that ITO Ward-3(1), Chandigarh had no jurisdiction to issue notice to an NRI and hence consequently the asses...
Excise Duty : Notification No. 29/2024-Central Excise rescinds six 2022 excise notifications in the public interest, effective immediately. Deta...
Income Tax : Learn how to initiate proceedings under section 147 of the IT Act in e-Verification cases. Detailed instructions for Assessing Off...
Income Tax : Explore e-Verification Instruction No. 2 of 2024 from the Directorate of Income Tax (Systems). Detailed guidelines for AOs under I...
Income Tax : Supreme Court in the matter of Shri Ashish Agarwal, several representations were received asking for time-barring date of such cas...
The Ahmedabad ITAT set aside the CIT(A)’s order in Nidhiben Mrugeshkumar Shah Vs ACIT(OSD), restoring the addition dispute of ₹10,00,100 under Section 69A for fresh review.
The AO virtually passed an ex parte order regarding a70 lakh addition, ignoring the assessee’s detailed submissions and denying a proper opportunity. The ITAT upheld the CIT(A)’s decision to set aside the assessment and remand the matter for a fresh adjudication, confirming that violations of natural justice necessitate a proper de novo inquiry.
The AO mechanically reopened the case and made a 2.86 crore addition based only on an investigation alert, without being able to identify the alleged property. The ITAT upheld the quashing of the entire proceeding, ruling that simple reproduction of external information, without independent application of mind or tangible evidence, invalidates the reassessment notice.
Description: The Tribunal allowed the appeal of an Exemption-registered society that challenged its reassessment on the legal ground that the AO failed to issue a Section 143(2) notice. The ruling confirms that this notice is mandatory for assumption of jurisdiction under Section 143(3) read with 47, even if the return was filed belatedly.
The AO made massive ex-parte additions under Section 69A after the assessee failed to respond to notices sent to an incorrect email ID of his deceased former CA. The ITAT upheld the CIT(A)’s decision to set aside the ex-parte assessment for fresh adjudication, utilizing the Finance Act 2024 amendment to Section 251, which grants the CIT(A) the power to remit Section 144 best judgment assessments.
The Delhi ITAT quashed a ₹42.10 Crore addition made in a Section 153A assessment, confirming that additions cannot be made to completed assessments without incriminating material seized during the search. The ruling follows the binding Supreme Court precedent in Abhisar Buildwell.
The ITAT Pune Bench set aside an ex-parte capital gains order, granting a non-filer taxpayer a final chance to present evidence for ₹2.03 Cr in land improvement costs to the CIT(A).
ITAT Jabalpur partially allowed Dayanand Paryani’s appeal, directing AO to replace a full Rs. 29,38,600/− cash credit addition with a 12% presumptive income rate, citing failure to calculate peak credit.
The ITAT set aside a massive unexplained investment addition made on a joint bank account, ruling that the CIT(A) failed to consider vital documentary evidence submitted by the assessee. The case is remanded to the AO for fresh verification of the documents, which claim the deposits were company business, not personal income.
Hyderabad ITAT ruled that the Rs.153C notice against VPR Mining for AY 2018-19 was void ab initio. The court held that without incriminating material pertaining to the relevant year, an assessment based solely on external GST data, independent of the original search and seizure, is invalid.
