Ignoring an Adjournment Request Can Invalidate an Assessment: Delhi High Court Reaffirms Principles of Natural Justice
Cash Deposits during Demonetisation Explained by Earlier Cash Withdrawals Cannot Be Taxed Under Section 69A: ITAT Grants Relief to NRI Taxpayer
Section 263 Cannot Be Used for “Fishing Enquiries” Once AO Has Verified the Issue: ITAT Quashes Revision Order on Journal Entries & Section 269T
Proper Opportunity Cannot Be Denied – Nagpur ITAT Gives Fresh Lifeline in Unexplained Investment Case
AO Cannot Replace DCF Method with NAV Method for Share Valuation Under Section 56(2)(viib): Mumbai ITAT Deletes ₹36.54 Crore Addition
Ahmedabad ITAT Draws a Clear Line: Agricultural Land Outside Section 2(14) Cannot Trigger Capital Gains, Section 50C or Tax on Alleged On-Money
ITAT Quashes Reassessment for Defective Approval Under Section 151: Changing Escapement Figures Showed Non-Application of Mind
ITAT Grants Relief Under Section 80JJAA: Deduction Cannot Be Denied Merely for Non-Filing of Form 10DA Due to Technical Portal Limitation
Is Silence by the Assessing Officer on an Adjournment Request During Assessment Proceedings a Violation of Principles
ITAT Delhi Deletes ₹4.05 Crore Addition Under Section 68: Repayment of Earlier Advances Cannot Be Taxed Again
ITAT Hyderabad Deletes ₹14.16 Crore Addition: Third-Party Diary Entries & “Zero Inflation” Theory Rejected