ITAT Rajkot overturns CPC’s disallowance of Section 80P deduction for a co-operative society’s late return, clarifying the scope of Section 143(1) adjustments for AY 2019-20.
ITAT Rajkot rules on disallowance of Section 80P deduction for a co-operative society due to late filing, examining scope of Section 143(1)(a) adjustments and relevant judicial precedents.
ITAT Hyderabad rules on Section 80P deduction for co-operative societies, stating it cannot be denied solely due to a belated income tax return filing.
ITAT Rajkot rules on Section 80P deduction for co-operative societies, stating it cannot be denied solely due to a belated income tax return filing.
ITAT Surat partially upholds cash addition for Arjunsinh Thakor but reduces taxable amount and applies pre-amendment tax rates under Section 115BBE.
ITAT Jabalpur rules on excess stock as undisclosed income and sets tax rates for survey income and cash credits, citing Vatika Township precedent.
Bombay High Court sets aside Sulzer Pumps’ assessment order, citing pending DRP reference and procedural requirements under Section 144C of the Income Tax Act.
Bombay High Court nullifies OmniActive’s assessment order, citing procedural lapse by AO and pending DRP objections under Section 144C.
Kerala High Court rules WhatsApp service invalid for CGST Act Section 130 confiscation notices, emphasizing mandatory statutory modes for due process.
ITAT Mumbai dismisses Revenue’s appeal against Thirumalai Marketing & Investments Ltd., upholding the assessee’s proof of the lender’s identity and creditworthiness for a Rs. 5 crore loan.
