The Tribunal held that CIT(A) misinterpreted a VSVS 2020 declaration for penalty as covering quantum, dismissing the appeal ...

The ROC penalised the company and directors for not filing AOC-4 for FY 2017-18. With no response to notices, the maximum ...

The ROC penalised the company and directors for failing to file AOC-4 for FY 2019. Maximum statutory penalties were imposed ...

The ROC levied penalties after the company failed to file financial statements for four consecutive years. With no response ...

Sikkim HC ruled that non-banking cooperative societies can claim deductions on interest income from cooperative banks, reversing ITAT’s misinterpretation of section ...

The ITAT held that a provisional addition under Section 56(2)(x) cannot be finalized without a Departmental Valuation Officer’s report. The case was remitted to the AO for proper valuation and ...

ITAT held that sending hearing notices to a wrong email ID violated natural justice. The ex-parte order was set aside, and the matter remitted for fresh ...

The Tribunal held that exemption under Section 13A does not automatically relieve the payer from deducting TDS on interest paid to political parties. It found the earlier High Court ruling relied upon ...

Discover how identifying errors in Assessing Officer jurisdiction, notice issuance, and approval under Sections 148/148A can secure favorable ITAT/CIT(A) rulings. Learn key strategies to challenge ...

ITAT ruled that reopening assessment under Section 147 is invalid if the filed return is ignored. The case was remitted for fresh consideration after allowing the assessee to substantiate claims under ...

ITAT Hyderabad held that verifying documents of only one party cannot substitute verification of all transactions under Section 69C. The matter is remanded to the AO for de novo scrutiny of purchase ...

ITAT held that an appeal delayed by almost six years must not be dismissed outright without examining genuine hardships. Medical evidence of the assessee’s child justified potential condonation of ...