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ITAT restored the PF and ESI disallowance to the AO to verify whether employees' contributions were deposited within the statutory due dates. The post ITAT Restores PF and ESI Disallowance for Verific…
ITAT restored the issue of employees' PF and ESI contribution disallowance to the AO for fresh adjudication after examining the factual basis of delay. The post Delhi ITAT Remands PF & ESI Due Date Is…
ITAT restored PF and ESI contribution disallowance to the AO for verification of employer contributions and computation of employees' contribution defaults. The post Delhi ITAT Remands PF & ESI Disall…
ITAT upheld the CIT(A)'s order deleting TDS demands on stockist discounts, incentives and delayed payment charges, dismissing the Revenue's appeal. The post TDS Not Applicable on Discounts to Pharma S…
ITAT quashed the assessment as the e-assessment order lacked a digital signature, holding it violated CBDT Instruction No. 1/2018. The post ITAT Quashes Scrutiny Assessment for Unsigned Electronic Ass…
ITAT quashed a manually signed e-assessment and held software licence fees were not FTS under the India-Singapore DTAA, allowing the assessee's appeal. The post Off-the-Shelf Software Licence Fees Are…
ITAT deleted Section 69 additions based solely on third-party statements and search material, finding no corroborative evidence or opportunity for cross-examination. The post ITAT Deletes Section 69 A…
ITAT restricted disallowance on alleged bogus purchases to 2% after noting that sales were not disputed and the Assessing Officer made no enquiry from suppliers. The post ITAT Restricts Bogus Purchase…
ITAT upheld reopening under Section 147 based on Investigation Wing information and restricted disallowance on alleged non-genuine purchases to 2%. The post ITAT Upholds Reassessment & Restricts Bogus…
ITAT quashed the Section 263 revision, holding the PCIT could not revise a reassessment on issues beyond the recorded reasons for reopening. The post ITAT Quashes Section 263 Revision of Reassessment…
ITAT quashed Section 263 revision, holding reassessment could not be revised on issues unrelated to the reasons for reopening. The post ITAT Sets Aside Section 263 Revision on Issues Beyond Reassessme…
Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile invest…