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ITAT Amritsar Condones 258-Day Appeal Delay and Remands Bank Credit Additions
ITAT Amritsar condones a 258-day delay in filing an appeal and remands Section 69A bank credit additions for detailed verification of cash withdrawals.
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ITAT Chandigarh Rules Third-Party JSK Server Data Insufficient for Unaccounted Purchases
ITAT Chandigarh deletes major additions, ruling that third-party JSK server data without independent corroboration fails to prove unaccounted purchases.
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ITAT Ranchi Deletes Section 69A Addition on Joint Family Gold and VDIS
ITAT Ranchi deletes Section 69A additions worth Rs 27.54 lakh for joint family gold and bullion backed by proper invoices and accepted VDIS declarations.
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ITAT Ranchi Rules Old Investigation Report Cannot Support March 2021 Tax Reopening
ITAT Ranchi quashes a section 148 tax notice and deletes a major addition, ruling that dated investigation reports cannot justify March 2021 reopenings.
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ITAT Surat Rules on Year-Wise Taxation for On-Money Flat Transfers
Discover the ITAT Surat ruling allowing year-wise taxation of on-money from flat sales, subject to verification and formal undertakings.
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Airtel Business Launches India’s First Telco-Grade Communications Platform
Discover Airtel IQ Gateway, India’s first telco-grade communications platform unifying messaging, voice, fraud protection, and smart routing.
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ITAT Pune Excuses Massive Appeal Delay for Cooperative Housing Society
ITAT Pune condones a 3726-day appeal delay for a small housing society, emphasizing that the validity of the explanation outweighs the length of the delay.
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Supreme Court Rules Income Tax Reopening Merely for Document Verification Invalid
The Supreme Court dismissed the Revenue's SLP, upholding the Bombay High Court ruling that income tax reopening solely for document verification is invalid.
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Bombay High Court Rules Income Tax Reopening for Document Verification Invalid
Bombay HC invalidates Section 147 tax reopening done solely to verify documents without establishing reason to believe income escaped assessment.
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Bombay High Court Rules Audit Objections Cannot Reopen Assessed Tax Issues
The Bombay High Court held that tax assessments cannot be reopened via Section 148 based on audit objections for matters already examined by the assessing officer.