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Dismissal of Appeal for Non-Prosecution Set Aside for Violation of Natural Justice: ITAT Allahabad Restores Matter for De Novo Assessment – Shirish Jaiswal vs ITO (AY 2017-18)
Facts of the CaseThe
assessee, an individual, filed his return of income for Assessment Year 2017-18
declaring total income of ₹5,07,000. The Assessing Officer completed the
assessment under section 143(3) of the In...
Ex-Parte Assessment and Dismissal for Non-Prosecution Set Aside for Lack of Opportunity: ITAT Allahabad Restores Matter for De Novo Assessment – Nav Nirman vs DCIT (AY 2018-19)
Facts of the CaseThe
assessee, a partnership firm engaged in wholesale trading of plywood,
adhesives, hardware, cement and allied goods, filed its return of income for
Assessment Year 2018-19 declaring total income of...
Rejection of Section 12AB Registration Without Adequate Opportunity Unsustainable: ITAT Allahabad Restores Trust’s Application for De Novo Consideration – Grameen Vikas Sansthan vs CIT(E) (AY 2024-25)
Facts of the CaseThe
assessee, Grameen Vikas Sansthan, filed an application for registration under
section 12AB of the Income Tax Act, 1961 on 29.03.2024 in Form No.10AB as
prescribed under Rule 17A of the Income Tax ...
Penalties under Sections 271D & 271E for Cash Loans Set Aside for Fresh Adjudication: ITAT Allahabad Restores Appeals in Santosh Kumar vs ITO, Banda (AY 2017-18)
Facts of the CaseDuring
assessment proceedings for Assessment Year 2017-18, the assessee submitted that
he had received loans aggregating to ₹8,00,000, comprising ₹4,00,000 from Ms.
Shikha Jaiswal and ₹4,00,000 ...
Penalties under Sections 271D & 271E for Cash Loans Set Aside for Fresh Adjudication: ITAT Allahabad Restores Appeals in Santosh Kumar vs ITO, Banda (AY 2017-18)
Facts of the CaseDuring
assessment proceedings for Assessment Year 2017-18, the assessee submitted that
he had received loans aggregating to ₹8,00,000, comprising ₹4,00,000 from Ms.
Shikha Jaiswal and ₹4,00,000 ...
Ex-Parte Reassessment for Cash Deposits under Sections 147/144 Set Aside: ITAT Allahabad Grants Fresh Opportunity in Sandeep Kumar Pandey vs ITO-1(3), Prayagraj (AY 2019-20)
Facts of the CaseThe
assessee did not file a return of income for Assessment Year 2019-20. The
Income Tax Department was in possession of information that the assessee had
made cash deposits of ₹12,27,477 in a bank ...
Ex-Parte Best Judgment Assessment under Section 144 Set Aside: ITAT Allahabad Grants Fresh Opportunity in Ramendra Singh vs ITO, Ward 4(2)(3), Kannauj (AY 2017-18)
Facts of the CaseThe
assessee did not file a return of income for Assessment Year 2017-18. The
Income Tax Department received information that substantial cash deposits and
credit entries were made in the assessee’s...
Ex-Parte Assessment for Cash Deposits Set Aside: ITAT Allahabad Grants Fresh Opportunity in Ram Kumar Maurya vs ITO, Ward-1(5), Bhadohi (AY 2012-13)
The
assessee did not file a return of income for Assessment Year 2012-13. Based on
information available with the Income Tax Department that the assessee had
deposited cash amounting to ₹12,84,330 in his savings ban...
Cash Deposits and Capital Gains to Be Re-Examined: ITAT Allahabad Grants One Final Opportunity in Mohd Ubaid Ansari vs ITO (Faceless) (AY 2015-16)
Facts of the CaseThe
assessee did not file a return of income for Assessment Year 2015-16. The
Income Tax Department received information that the assessee had made cash and
cheque/RTGS deposits aggregating to ₹34,7...
Addition under Section 69 Set Aside for Lack of Proper Opportunity: ITAT Allahabad Restores Appeal in Mohammad Ghufran vs ITO-2(5), Kaushambi (AY 2017-18)
Facts of the CaseThe
assessee did not file a return of income for Assessment Year 2017-18. The
Income Tax Department received information that the assessee had purchased an
immovable property for a consideration of â‚...