March 26, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal, comprising Siddhartha Nautiyal (Judicial Member) and Narendra Prasad Sinha (Accountant Member), dismissed the Revenue’s appeal in Income Tax Officer v. Udayan Mandavia (I.T.A. No.154/Ahd/2026), holding that the Read more…
Tag: Section 115BBE
March 13, 2026 : he Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that passing an appellate order without considering written submissions filed within the prescribed timeframe constitutes a violation of the principles of natural justice. The Read more…
February 26, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal has remanded a dispute involving an addition of ₹32.13 lakh made against a Greater Noida taxpayer over alleged cash payments for purchase of a commercial unit at Read more…
February 24, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has held that even if purchase transactions are found to be accommodation entries, the entire purchase amount cannot be treated as unexplained expenditure under Section 69C of Read more…
February 07, 2026 : In a significant ruling under the post–Finance Act, 2021 reassessment framework, the Mumbai Bench of the Income Tax Appellate Tribunal has quashed reassessment proceedings for Assessment Year 2018–19 on the ground that the Assessing Officer failed Read more…
February 07, 2026 : The Mumbai Bench of the Income Tax Appellate Tribunal has set aside reassessment proceedings initiated against Gedalia Multitrading Pvt. Ltd. for Assessment Year 2018–19, holding that the notice issued under Section 148 was invalid as the Read more…
February 04, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal has deleted an addition of ₹9.65 crore made on account of cash deposits during the demonetisation period, holding that once purchases are accepted and stock availability is Read more…