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Appeal against Section 263 Revision Dismissed as Infructuous After Complete Relief in Consequential Assessment: Amar Partap Steels Pvt. Ltd. vs. PCIT-2, Jaipur (ITAT)
Facts of the
CaseThe assessee, Amar Partap Steels Private Limited,
filed an appeal before the Income Tax Appellate Tribunal against the
revisionary order passed by the Principal Commissioner of Income Tax-2, Jaipur
u...
Application for Registration under Section 12A Restored Where Rejection Was Based on Non-Compliance and Subsequent Registration under RPT Act: Neem Ka Thana Education Society vs. CIT (Exemption) (ITAT Jaipur)
Facts of the CaseThe assessee, Neem Ka Thana Education Society, filed an application
under Section 12A(1)(ac)(iv)(B) in Form No. 10AB seeking registration as a
charitable institution. The application was rejected by th...
Agricultural Income Disallowance Remanded for Fresh Verification Where Evidence Was Not Placed on Record: Deepak Vegpro (P) Ltd. vs. DCIT (ITAT Jaipur)
Facts of the CaseThe assessee, Deepak Vegpro (P) Ltd., filed its return of income for
Assessment Year 2022-23 claiming exemption of agricultural income amounting to
₹98,460. The claim was based on the contention that...
Inordinate Delay of 476 Days Condoned and Full Exemption of Leave Encashment Allowed up to ₹25 Lakhs under Section 10(10AA): Ram Dev Daiya vs. ITO (ITAT Jaipur)
Facts of the
CaseThe assessee, a senior citizen and retired employee
of Life Insurance Corporation of India, filed his return of income for
Assessment Year 2020-21 claiming exemption of ₹13,12,806 on account of leav...
Reassessment under Section 147 Quashed for Non-Issuance of Mandatory Notice under Section 143(2); Entire Assessment Declared Null and Void: ITAT Agra in Prem Lata Verma vs. DCIT
INCOME TAX
APPELLATE TRIBUNAL-AGRAITA No.
441/Agr/2025
Prem
Lata Verma-Appellant.VersusDeputy
Commissioner of Income Tax-Respondent
Coram: S.
RIFAUR RAHMAN, ACCOUNTANT MEMBERANDSUNIL KUMAR SIN...
Ex Parte CIT(A) Order and Reassessment under Section 147 Set Aside for Violation of Natural Justice; Matter Remanded for Fresh Adjudication: ITAT Rajkot in Ila Jignesh Kumar Vakharia vs. ITO
INCOME
TAX APPELLATE TRIBUNAL-RAJKOTITA
No.600/RJT/2025 Ila
Jignesh Kumar Vakharia-Appellant.VersusIncome
Tax Officer-Respondent
Coram: ARJUN
LAL SAINI, ACCOUNTANT MEMBER, J.Dated:
15/01/2026Decision:&...
Reassessment under Section 148 on Same Material is Invalid – Change of Opinion Not Permissible: Radhika Roy & Dr. Prannoy Roy v. DCIT (Delhi HC)
Facts of the CaseThe petitioners, Ms. Radhika Roy and Dr. Prannoy Roy, were directors and
50% shareholders of RRPR Holding Private Limited. For Assessment Year (AY)
2009-10, Ms. Radhika Roy filed her return of income d...
ITAT Ahmedabad in Jentibhai Shambhubhai Prajapati v. ACIT Holds Section 150(1) Cannot Revive Time-Barred Assessments Quashed under Section 153C — Jurisdictional Defects Are Incurable
Facts of the CaseThe assessee was subjected to
assessment proceedings under section 153C read with section 144 of the
Income-tax Act, 1961 for Assessment Years 2011-12 to 2014-15 and 2016-17,
pursuant to a search cond...
Addition under Section 68 on Share Capital and Premium Deleted Where Identity, Creditworthiness and Genuineness Established: Goldmoon Exports Pvt. Ltd. vs. ITO, Ward-6(2), Kolkata (ITAT)
Facts of the CaseThe
assessee, Goldmoon Exports Pvt. Ltd., filed its return of income for Assessment
Year 2012-13 on 30.09.2012 declaring total income of ₹12,963. The return was
processed under Section 143(1) and th...
Foreign Tax Credit Cannot Be Denied for Delayed Filing of Form 67: DTAA Benefits Override Procedural Lapses – Vaibhav Das Mundhra vs. ADIT, CPC, Bengaluru (ITAT Kolkata)
Facts of the CaseThe assessee, an individual resident and ordinarily resident in India,
was employed with a Singapore-based company and earned salary income taxable
both in India and Singapore during Assessment Year 20...