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ITAT Upholds Rs. 26.68 Lakh Addition on Unexplained Demonetisation Cash Deposit

ITAT Upholds Rs. 26.68 Lakh Addition on Unexplained Demonetisation Cash Deposit ITAT Kolkata ruled that old cash withdrawals without supporting evidence cannot explain demonetisation-period deposits...

ITAT Rules Mere Investigation Wing Report Not Enough; Dismisses Allegations of Bogus Loans u/s 68

ITAT Rules Mere Investigation Wing Report Not Enough; Dismisses Allegations of Bogus Loans u/s 68 ITAT Mumbai dismissed the Revenue’s appeal and upheld the deletion...

Assessment Issues Cannot Block Charitable Trust Section 12AB Registration: ITAT Clarifies

Assessment Issues Cannot Block Charitable Trust Section 12AB Registration: ITAT Clarifies The ITAT in a recent case had made it clear that any doubts about...

ITAT Sets Aside Time-Barred Dismissal, Upholds Violation of Natural Justice

ITAT Sets Aside Time-Barred Dismissal, Upholds Violation of Natural Justice According to the principles of natural justice, a judicial decision cannot be considered valid without...

Section 115BBDA Not Applicable to Trust’s Dividend Income: ITAT Rules

Section 115BBDA Not Applicable to Trust's Dividend Income: ITAT Rules ITAT Delhi rules that Section 115BBDA applies only to individuals, HUFs, and firms, not trusts....

ITAT Deletes Section 68 Addition for Lack of AO Inquiry; No ‘Source of Source’ Required Before AY 2023-24

ITAT Deletes Section 68 Addition for Lack of AO Inquiry; No ‘Source of Source’ Required Before AY 2023-24 Surender Singh Sangwan has filed the present...

ITAT Allows Section 80G Renewal Application Where Delay Was Due to Late Grant of Approval

ITAT Allows Section 80G Renewal Application Where Delay Was Due to Late Grant of Approval ITAT says assessees must apply for Section 80G renewal at...

Deduction u/s 80P Cannot Be Denied If Investment Is with Co-operative Society: ITAT Rules

Deduction u/s 80P Cannot Be Denied If Investment Is with Co-operative Society: ITAT Rules The ITAT Mumbai rules in favour of a Co-operative Society, saying...

ITAT Rejects Rs. 2 Crore Cash Addition Merely Based on Third-Party WhatsApp Evidence

ITAT Rejects Rs. 2 Crore Cash Addition Merely Based on Third-Party WhatsApp Evidence The Assistant Commissioner of Income Tax (ACIT) filed the present appeal before...

UCPMA Urges MCA to Extend Due Date for Filing AOC-4 and MGT-7/MGT-7A till March 31, 2026

UCPMA Urges MCA to Extend Due Date for Filing AOC-4 and MGT-7/MGT-7A till March 31, 2026 The United Cycle and Parts Manufacturers Association (UCPMA) is...

Taxpayer Awaits ITR Refund for Over 130 Days, Says Delay Affects Daughter’s School Fees

Taxpayer Awaits ITR Refund for Over 130 Days, Says Delay Affects Daughter’s School Fees The due date for filing Income Tax Return (ITR) for the...

ITAT Remands Case Over Unsigned Sale Agreement; Orders Fresh Verification of Rs. 13 Lakh Receipt

ITAT Remands Case Over Unsigned Sale Agreement; Orders Fresh Verification of Rs. 13 Lakh Receipt Smt. Nomula Narmada filed the present appeal before the Income...

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