ITAT Delhi upheld tax addition under Section 68 as assessee failed to prove identity and creditworthiness of investors in high-premium share transactions.
ITAT Nagpur remands Jeewak Welfare Society’s 80G registration rejection, citing insufficient details. Orders CIT(E) to re-evaluate case.
Calcutta High Court rules notice is mandatory under Section 154(3) of the Income Tax Act before amending an assessment to reduce a refund. Arun Kumar Bose Vs ITO case.
CESTAT Chennai partly allows appeal in Chadhuram Enterprises case, reducing redemption fine and penalty for non-compliance with labelling rules.
TAT Ahmedabad restores Seva Samarpan Charitable Trust’s 12A registration rejection, citing lack of opportunity. Orders CIT(E) to review.
Gujarat HC issues notice on plea against two GST orders for same period, disallowing ITC for non-filing and GSTR mismatch. Interim relief granted.
ITAT Mumbai rules rental income from trust property should be treated as house property income, not business income.
Surat ITAT condones delay, restores Pareshbhai Godhani’s case to AO for fresh assessment of unexplained demonetization cash deposit.
ITAT Kolkata orders AO to remove ₹3.09 crore adjustment, citing CPC error and CIT(A)’s failure to rectify factual mistake in ITR.
ITAT Ahmedabad overturned PCIT’s revision order regarding ₹22 lakh cash deposit, finding AO’s verification adequate. Details of the case summary.
