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Suppression of Turnover Established but Addition Restricted to Gross Profit on Estimated Receipts Excluding GST: Matter Remanded – Pan Tutorials Private Limited vs. CIT(A), Patna-3 (ITAT)
Facts of the
CaseThe assessee, Pan Tutorials Private Limited,
engaged in running coaching classes, filed its return of income for Assessment
Year 2018-19. A survey under Section 133A of the Income-tax Act was conducte...
Revision under Section 263 Upheld for Failure to Apply TDS Provisions on Freight Charges: Order Held Erroneous and Prejudicial to Revenue – Deepak Shrawan Budhia vs. Pr. CIT, Patna-1 (ITAT)
Facts of the
CaseThe assessee, Deepak Shrawan Budhia, filed an
appeal against the revision order passed under Section 263 dated 31.03.2025 by
the Principal Commissioner of Income Tax, Patna-1 for Assessment Year 2018-...
Revision under Section 263 Upheld for Failure to Examine Exceptional Items Claim, but Directions Beyond Show Cause Quashed: Wardha Solar (Maharashtra) Pvt. Ltd. vs. PCIT (ITAT Ahmedabad)
Facts of the CaseThe assessee, Wardha Solar (Maharashtra)
Private Limited, filed its return of income for Assessment Year 2020-21
declaring Nil income. The case was selected for complete scrutiny under CASS.
The asses...
Addition under Section 69A Restricted to Commission Income Set Aside for Lack of Verification of Shroff Business; Matter Remanded to AO: ITO vs. Dharmesh Rajnikant Trivedi (ITAT Ahmedabad)
Facts of the CaseThe assessee, Dharmesh Rajnikant Trivedi,
an individual, did not file his return of income for Assessment Year 2018-19.
It was noticed that the assessee had made substantial cash deposits aggregating
...
Belated Filing of Form 10B Held Procedural and Directory; Exemption under Section 11 Allowed Where Audit Report Filed Before Completion of Proceedings: Parantap Charitable Trust vs. ITO (ITAT Ahmedabad)
Facts of the CaseThe assessee, Parantap Charitable Trust,
filed its return of income for Assessment Year 2017-18 under Section 139(4)
after getting its accounts audited. However, Form 10B was not filed
electronically ...
Exemption under Sections 11 and 12 Cannot Be Denied Without Hearing a Registered Charitable Trust; Assessment Set Aside with Cost for De Novo Adjudication: Mangal Jivan Trust vs. ITO (Exemption) (ITAT Ahmedabad)
Facts of the CaseThe assessee, Mangal Jivan Trust, a
charitable trust located at Sedrana, District Patan, filed its return of income
for Assessment Year 2023-24 declaring Nil income after claiming exemption under
Sect...
Search Assessments under Section 153A Partly Sustained and Partly Deleted; Additions Already Offered before Settlement Commission Cannot Be Re-Taxed: Dipaliben M. Shah vs. DCIT (ITAT Ahmedabad)
Facts of the CaseA search under Section 132 was conducted on
13.11.2014 in the Sigma Group, which included the assessee, Dipaliben M. Shah.
The assessee, daughter of the main group person, derived income from salary,
...
Appeal Dismissed as Non-Maintainable Where Delay of 247 Days Not Explained and Mandatory Defects Not Rectified: Devang Ravishankar Pandya vs. CIT(A) (ITAT Ahmedabad)
Facts of the CaseThe assessee, Devang Ravishankar Pandya,
proprietor of Shree Ram Petroleum, Mehsana, filed an appeal before the Income
Tax Appellate Tribunal against the order dated 28.10.2024 passed by the
Commissio...
Additions under Sections 69 and 68 Based Solely on DVO Report and Demonetisation Cash Deposits Set Aside; Matters Remanded for Fresh Adjudication: Corner Point Infrastructure Pvt. Ltd. vs. ACIT (ITAT Ahmedabad)
Facts of the CaseThe assessee, Corner Point Infrastructure
Private Limited, a builder and developer, filed its return of income for
Assessment Year 2017-18 on 07.11.2017 declaring total income of ₹39,81,884. The
cas...
80G Approval Cannot Be Denied Merely Due to Incidental Religious Objects; Matter Remanded to Verify Whether Religious Expenditure Exceeds 5% Limit: Bhaktidham Seva Trust vs. CIT(E) (ITAT Ahmedabad)
Facts of the CaseThe assessee, Bhaktidham Seva Trust, a
public charitable trust, filed an application for approval under Section
80G(5)(iii) of the Income-tax Act. The Commissioner of Income Tax (Exemption),
Ahmedabad...