Income Tax : The Tribunal held that CIT(A) cannot enhance income under Section 251 on matters not considered by the Assessing Officer during as...
Income Tax : The ITAT held that revisional powers under Section 263 cannot be exercised when the Assessing Officer has already examined the iss...
Income Tax : ITAT quashed PCIT’s Section 263 order, holding AO’s treatment of survey income as business income valid and not erroneous or p...
Income Tax : Ahmedabad ITAT quashes reassessments based on ACB report, ruling the AO lacked independent "reason to believe" and only used borro...
Income Tax : ITAT Pune upholds PCIT's order u/s 263, setting aside an assessment for failure to verify ₹82.64 crore in advances for property...
Income Tax : National Chamber of Industries & Commerce, U.P has made a representation against Indiscriminate notices by the Income Tax Depa...
Income Tax : KSCAA has made a Representation on Challenges in Income Tax Related to Rectification Proceedings, Order Giving Effect, Delay in P...
Income Tax : One of the key sources of dispute is the existing arrangement for follow up on audit objections by Internal Audit Party and the Re...
Income Tax : ITAT held an assessment passed after the taxpayer's death was invalid in law, quashed the order, and treated all remaining issues ...
Income Tax : ITAT deleted additions after finding the AO relied only on ACB information without independent inquiry or supporting evidence. ITA...
Income Tax : ITAT Kolkata held that a loan received by a company that was not a shareholder of the lender could not be taxed as deemed dividend...
Income Tax : The Court held that Section 263 could not be invoked where the AO had made inquiries and accepted the assessee's explanation....
Income Tax : The Court held that Section 263 could not be invoked where the AO had raised queries, examined replies and completed the assessmen...
The ITAT Bangalore quashed a PCIT order, ruling that the premature hearing and subsequent order violated natural justice, remitting the case for a fresh hearing.
ITAT Ahmedabad partially upholds PCIT’s revision in Torrent Investments case, focusing on Sec 14A disallowances while ruling on capital loss and CSR deductions.
ITAT Ahmedabad sets aside PCIT’s Section 263 revision against HN Safal; holds disallowance under Section 14A not automatic and lacks legal justification.
The ITAT Jaipur has quashed a PCIT’s revision order, holding that a Principal Commissioner cannot override an Assessing Officer’s plausible view with a mere suspicion.
ITAT Chennai quashes PCIT’s Section 263 order against City Union Bank, distinguishing inadequate enquiry from lack of enquiry; AO’s assessment upheld.
ITAT Hyderabad upholds PCIT’s Section 263 order as AO failed to verify 99% subcontract expenses; reassessment directed for unverified GST-linked subcontract claims.
ITAT Chandigarh restored an AO’s assessment order, quashing a PCIT’s revisionary order that doubted agricultural income despite adequate inquiry and documentary evidence.
A summary of the Sachin Notified Area vs. PCIT tax case. The ITAT Surat remanded the issue for fresh adjudication, citing a prior ruling in the assessee’s favor.
Delhi ITAT cancels PCIT’s revision u/s 263 against faceless assessment, ruling it cannot be used for fishing enquiries. Order restores NFAC’s original assessment.
ITAT Mumbai ruling clarifies PCIT’s Section 263 powers, quashing new issues and CSR/80G claims, but remitting TDS matters for further AO verification.
