ITAT

  • Income Tax

Revision u/s 263 upheld as cash deposited in bank of investors of share application money

Revision order u/s 263 upheld as substantial amount of cash was deposited in the bank accounts of all the investors…

1 month ago
  • Income Tax

No additions u/s 68 for unexplained cash credits, unless all three limbs proved/established – ITAT

To make additions u/s 68 for unexplained cash credits, all three limbs must be proved/established In a recent judgment, ITAT…

1 month ago
  • Income Tax

Kachha Arthia not entitled to credit for TDS wrongly deducted against his PAN

Kachha Arthia not entitled to credit for TDS wrongly deducted against his PAN In a recent judgment, ITAT has held…

1 month ago
  • Income Tax

ITAT remands assessment order passed ex-parte as assessee was illiterate housewife and widow

The ITAT remands the assessment order passed ex-parte as the assessee was illiterate housewife and widow and did what husband…

1 month ago
  • Income Tax

No relief admissible u/s 89(1) towards compensation received on closure of plant

No relief admissible u/s 89(1) for compensation received on termination of employment due to closure of plant  In a recent…

1 month ago
  • Income Tax

Mere use of word Islamic do not make trust created only for religious community or cast – ITAT

Mere use of term Islamic world or Islamic Scholars in objects would not make trust created only for a religious…

1 month ago
  • Income Tax

Disallowance u/s 43B deleted as GST payable was not debited to Profit & Loss account

Disallowance u/s 43B deleted as GST payable was not debited to Profit & Loss account and was paid before due…

1 month ago
  • Income Tax

Disallowance for delayed deposit of PF/ESI prior to SC judgment deleted by ITAT

No disallowance for delayed deposit of PF/ESI prior to judgment of Supreme Court Disallowance of u/s 36(1)(va) for delayed deposit…

2 months ago
  • Income Tax

No pre-deposit required u/s 249(4)(b) before appeal in case of no admitted or undisputed tax

No pre-deposit requirement of tax/advance tax u/s 249(4)(b) before appeal to CIT(A) in case of no admitted or undisputed tax…

2 months ago
  • Income Tax

Penalty u/s 272A(1)(d) deleted as notices gave assessee only two hours time to comply

Penalty u/s 272A(1)(d) deleted as notices gave assessee only two hours time to comply and that too on a public…

2 months ago