ITAT Mumbai ruling clarifies PCIT’s Section 263 powers, quashing new issues and CSR/80G claims, but remitting TDS matters for further AO verification.
ITAT Chandigarh deletes an addition, ruling that an unsigned and unregistered agreement to sell is not valid evidence for making an addition under Section 69 or 69B.
GSTAT rules on P&G’s anti-profiteering case, deciding the company is not required to pay interest on a profiteered amount of ₹6.88 lakhs. The interest clause was deemed prospective, not retrospective.
The Rajasthan High Court, citing prior judgments, invalidated a reassessment notice under Section 148 of the Income Tax Act because it was issued by a Jurisdictional Assessing Officer instead of the designated Faceless Assessing Officer.
Read how the Rajasthan High Court handled a technical objection by the tax department. The court ruled that an application for the release of seized items should not be rejected due to a missing word in the address, emphasizing the need for diligent processing by officials.
ITAT Bangalore allows a company to claim a deduction under Section 80G for a CSR donation, ruling that disallowance under Section 37 does not bar benefits under Chapter VIA.
ITAT Delhi dismisses the Revenue’s appeal against Delhi Transco, affirming that income recognition can be postponed when collection is uncertain.
ITAT Delhi remands a tax case to the Assessing Officer, ruling that the denial of cross-examination and the rejection of donor evidence without independent verification were legally unsustainable.
ITAT Delhi dismisses Revenue’s appeals, affirming CIT(A)’s decision to reduce commission income estimation for SNW Smith Consultants Pvt. Ltd. based on group settlement and lack of specific incriminating material.
ITAT Delhi rules a reassessment void, holding that the Section 148 notice was issued beyond the statutory limitation period, citing Supreme Court and High Court precedents.
