Skip to content
smeaccountant smeaccountant
  • Home
  • SERVICES
    • Audit Services
    • Bookkeeping Services
    • Business Registration Services
    • Income Tax
    • GST
    • Other Certification Services
  • Blog
  • Our Stories
  • facebook.com
  • twitter.com
  • t.me
  • instagram.com
  • youtube.com
Subscribe

ITAT

  • Home
  • ITAT
  • Page 6
ITAT Ruling Strengthens Taxpayer Defense Against Section 68 Additions
Posted inBlog

ITAT Ruling Strengthens Taxpayer Defense Against Section 68 Additions

The Income Tax Appellate Tribunal (ITAT) recently ruled in favor of an assessee, deleting a contentious addition under Section 68 of the Income Tax Act after determining that a mere…
Posted by Prasenjit Bhowmik May 30, 2026
ITAT Invalidates Reassessment Notices Issued Without Proper Statutory Sanction
Posted inBlog

ITAT Invalidates Reassessment Notices Issued Without Proper Statutory Sanction

ITAT rules reassessment notices issued after 3 years without proper PCCIT/CCIT sanction are invalid, impacting tax proceedings.
Posted by Prasenjit Bhowmik May 30, 2026
ITAT Rules Against Reassessment Procedures in Landmark Tax Compliance Case
Posted inBlog

ITAT Rules Against Reassessment Procedures in Landmark Tax Compliance Case

The Income Tax Appellate Tribunal (ITAT) recently issued a landmark ruling, invalidating a tax reassessment notice issued under Section 148 of the Income Tax Act. The tribunal determined that when…
Posted by Prasenjit Bhowmik May 30, 2026
Tribunal Invalidates Reassessment Proceedings Due to Procedural Misapplication of Income Tax Sections
Posted inBlog

Tribunal Invalidates Reassessment Proceedings Due to Procedural Misapplication of Income Tax Sections

Jurisdictional Errors in Tax AssessmentsIn a significant ruling for taxpayers, the Income Tax Appellate Tribunal (ITAT) recently declared a reassessment proceeding void, determining that the Assessing Officer (AO) incorrectly invoked…
Posted by Prasenjit Bhowmik May 30, 2026
ITAT Rules Against Unilateral Disallowance of Section 80P Deductions by CPC
Posted inBlog

ITAT Rules Against Unilateral Disallowance of Section 80P Deductions by CPC

The Income Tax Appellate Tribunal (ITAT) has issued a significant ruling prohibiting the Central Processing Centre (CPC) from unilaterally disallowing tax deductions claimed under Section 80P of the Income Tax…
Posted by Prasenjit Bhowmik May 30, 2026
ITAT Dismisses Appeal as Infructuous Following Successful Section 80P Rectification
Posted inBlog

ITAT Dismisses Appeal as Infructuous Following Successful Section 80P Rectification

The Income Tax Appellate Tribunal (ITAT) officially dismissed an outstanding appeal this week, declaring the matter infructuous after a successful rectification order under Section 154 of the Income Tax Act…
Posted by Prasenjit Bhowmik May 30, 2026
Delhi ITAT Reinstates Charitable Trust Registration – Alleged Financial Irregularities Cannot Override Genuine Educational Activities
Posted inBlog

Delhi ITAT Reinstates Charitable Trust Registration – Alleged Financial Irregularities Cannot Override Genuine Educational Activities

Delhi ITAT reinstates a charitable trust's registration, ruling that genuine educational activities outweigh alleged financial irregularities for tax exemption.
Posted by Prasenjit Bhowmik May 29, 2026
Income Tax Appellate Tribunal Clarifies Deemed Dividend Rules in Proprietary Concern Cases
Posted inBlog

Income Tax Appellate Tribunal Clarifies Deemed Dividend Rules in Proprietary Concern Cases

ITAT clarifies deemed dividend rules, requiring clear shareholder withdrawal evidence, not just cash shortage, for proprietary concerns.
Posted by Prasenjit Bhowmik May 27, 2026
Tax Tribunal Upholds Cash Deposit Scrutiny Amidst Insufficient Business Proof
Posted inBlog

Tax Tribunal Upholds Cash Deposit Scrutiny Amidst Insufficient Business Proof

Hyderabad ITAT rules that mere submissions and audit reports are insufficient; tangible business proof is essential for explaining cash deposits.
Posted by Prasenjit Bhowmik May 25, 2026
ITAT Reaffirms Opening Balances Cannot Be Taxed Under Section 68
Posted inTaxation and Legal Insights

ITAT Reaffirms Opening Balances Cannot Be Taxed Under Section 68

The Income Tax Appellate Tribunal (ITAT) has delivered a landmark ruling reaffirming that tax authorities cannot tax opening balances carried forward from previous years under Section 68 of the Income…
Posted by Prasenjit Bhowmik May 22, 2026

Posts pagination

Previous page 1 … 4 5 6

Recent Posts

  • ITAT Limits Tax Authority Powers: Reassessments Require Independent Verification
  • ITAT Remands Section 270A Penalty Case if Quantum Appeal Was Still Pending
  • Calcutta High Court Ruling Establishes TDS Records as Legal Proof of Financial Relationships
  • CESTAT Ruling Strengthens CENVAT Credit Eligibility Based on Service Nexus
  • NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal

Recent Comments

  1. A WordPress Commenter on Hello world!

Archives

  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026

Categories

  • Blog
  • Our Stories
  • Taxation and Legal Insights

← Back

Thank you for your response. ✨

June 2026
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« May    
Monday
9:00 am - 7:00 pm
Tuesday
9:00 am - 7:00 pm
Wednesday
9:00 am - 7:00 pm
Thursday
9:00 am - 7:00 pm
Friday
9:00 am - 7:00 pm
Saturday
9:00 am - 7:00 pm
Sunday
Closed
Chat on WhatsApp
Copyright 2026 — SME Accountant. All rights reserved.
Scroll to Top