The Commissioner (Appeals) had dismissed the company’s appeal (Appeal No. 212 of 2024) on the sole ground that the mandatory pre-deposit required under Section 107 of the Central Goods and Services ...

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has set aside penalty orders issued against G.D. Goenka Pvt. Ltd. for as ...

The initial assessment for this year was completed ex parte by the Assessing Officer (AO) on November 7, 2019, under Section 144 of the Income Tax Act, 1961. An ex parte assessment is carried out when ...

ITAT Ahmedabad directs AO to re-examine penalty u/s 271(1)(c) against Krupal Patel after setting aside the original ex parte assessment order. Tax Tribunal Orders Fresh Look at Penalty Following ...

Based on this information, the Assessing Officer (AO) initiated reassessment proceedings by issuing a notice under Section 148A (b) of the Income Tax Act, 1961. The AO’s preliminary view was that ...

Ahmedabad bench, has deleted an addition of Rs. 13.73 lakh made by the tax authorities to the income of an individual, ruling that the source of investment in a property was adequately explained. The ...

Income Tax Appellate Tribunal (ITAT), Kolkata bench, has dismissed an appeal filed by the Income Tax Officer (ITO) against Int ...

The Tribunal’s ruling, delivered on February 6, 2025, reinforced the principle that once the identity, creditworthiness, and genuineness of loan creditors are established, additions under sections ...

ITAT Restores Co-op Society Tax Appeal Hearing; Co-op Society Gets Second Chance at ITAT: Appeal Restored for Fresh Hearing on Tax Claims Income Tax Appellate Tribunal (ITAT), Panaji bench, has ...

The Tribunal, after considering the submissions and the material on record, noted that since the assessee had opted for the Direct Tax Vivad Se Vishwas Scheme, 2024, and had filed an application dated ...

The dispute relates to the Assessment Year 2017-18, which covers the period when the Indian government announced the demonetization of ₹500 and ₹1000 currency notes. Taxpayers who made significant ...