ITAT Raipur set aside the levy of fees under Section 234E for delayed TDS statements filed before the 01.06.2015 amendment to Section 200A. Following the Karnataka High Court ruling, the Tribunal held ...

ITAT Kolkata set aside the revisionary order, finding the PCITs basis—that no supporting documents for the share LTCG were on record—was factually incorrect. The Tribunal ruled that the AO had taken a ...

The Tribunal ruled that the AO erred by blindly relying on NMS data to make a ₹1.23 crore addition for unexplained investment under Section 69. Since the registered sale deed proved the actual ...

ITAT Ahmedabad ruled that the lower authorities were wrong to confirm the addition for foreign currency found during the search, as the assessee provided a chart detailing various family trips abroad.

The ITAT Delhi partly deleted an addition for alleged bogus purchases, ruling that since the books of account were not rejected and the profit element from corresponding sales was already offered to ...

ITAT Ahmedabad ruled that a penalty under Section 271(1)(c) cannot survive when the underlying quantum addition has been remanded for fresh adjudication. The penalty order was restored to the CIT(A) ...

The ITAT Ahmedabad upheld the deletion of a Rs.2.23 crore addition made under Section 68, ruling that the assessee had fully discharged the onus of proving the identity, genuineness, and ...

The Tribunal quashed an unexplained investment addition based purely on a digital ledger retrieved from a mobile phone, as it was not corroborated by any evidence of actual cash payment or movement.

ITAT Ahmedabad restored a case where the CIT(A) upheld a major loss disallowance stemming from client code modification (CCM) without proper hearing. The Tribunal found the CIT(A) failed to consider ...

Delhi ITAT deleted an addition of 71.12 lakh, holding that the assessee sufficiently explained the cash deposits by correlating them with prior cash withdrawals recorded in the books. The ruling ...

Read a detailed proposal to the Finance Minister outlining a multi-vendor model to solve persistent ITR portal glitches, reduce single-vendor risk, and improve ...

The ITAT confirmed that a commission paid to non-resident agents operating solely abroad, without a Permanent Establishment (PE) in India, is not taxable in the country. This finding resulted in the ...