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Loose Digital Files, 3rd Party Excel Sheets Can’t Sustain Unexplained Investment Addition Without Corroborative Evidence: ITAT

The Jodhpur Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

ITAT Upholds ₹11.45 Lakh Addition After Assessee Fails to Explain Seized Cash

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld an addition...

BARC Share Subscription Was Not a Prohibited Investment: ITAT Upholds S. 11 Exemption 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...

Genuine Loans Can’t Be Taxed as Unexplained Cash Credits: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion...

CIT(A) Can’t Create a New Source of Income While Enhancing Assessment; ITAT Deletes 1% Commission Addition

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

ITAT Quashes Search Assessment After Finding Same Additions Made Substantively in 2 Hands U/s 153C

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a search...

Mere Non-Response to Tax Notices Can’t Justify Disallowance: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion...

Assessment Invalid as AO Failed to Incorporate DRP Directions: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a final...

Income Tax Dept. Can’t Continue Appeal Against Company During IBC Moratorium: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the...

Failure to Refer Transfer Pricing Issue to TPO Not Fatal; ITAT Orders Fresh Assessment

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...

No Transfer Pricing Adjustment on Delayed Receivables if Taxpayer is Debt-Free: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that no...

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