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Penalty under Sections 271AA and 270A Quashed Following Restoration of Quantum Assessment: Rana Ravi Singh & Sons (HUF) vs. ITO, Ward-2(1), Dhanbad (ITAT)
Facts of the
CaseThe assessee, Rana Ravi Singh & Sons (HUF),
filed two appeals against separate orders dated 14.02.2025 passed by the
Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi
f...
Reassessment Quashed for Non-Compliance with Mandatory Seven-Day Period under Section 148A(b): Prawin Kumar vs. ITO, Ward-2(1), Ranchi (ITAT)
Facts of the
CaseThe assessee, Prawin Kumar, filed an appeal against
the order dated 09.01.2025 passed by the Commissioner of Income Tax (Appeals),
NFAC, Delhi for Assessment Year 2018-19. Reassessment proceedings wer...
Matter Restored to Assessing Officer Due to Ex Parte Appellate Order with Cost Imposed: Prativa Mohanty vs. DCIT, Circle-1, Jamshedpur (ITAT)
Facts of the
CaseThe assessee, Prativa Mohanty, filed an appeal
against the order dated 19.03.2025 passed by the Commissioner of Income Tax
(Appeals), National Faceless Appeal Centre, Delhi for Assessment Year 2017-18...
Assessment Restored Due to Incorrect Bank Account Reference in Reopening Reasons and Ex Parte Orders: Pradeep Kumar Narsaria vs. ITO, Ward-2(1), Ranchi (ITAT)
Facts of the
CaseThe assessee, Pradeep Kumar Narsaria, filed his
return of income for Assessment Year 2015-16 declaring income of ₹3,04,524. The
assessee operated a small Dish-TV recharge shop. The Assessing Officer...
Matter Restored to CIT (Exemption) for Fresh Adjudication Due to Non-Furnishing of Documents: Paras Nath Digambar Jain Uchch Vidyalaya vs. CIT (Exemption), Patna (ITAT)
Facts of the
CaseThe assessee, Paras Nath Digambar Jain Uchch
Vidyalaya, Giridih, filed an appeal against the order dated 07.03.2023 passed
by the Commissioner of Income Tax (Exemption), Patna. The assessee is an
edu...
Agricultural Income Accepted After Physical Verification by Department: Disallowance Deleted – Nitesh Nath Shah Deo vs. DCIT, Circle-1, Ranchi (ITAT)
Facts of the
CaseThe assessee, Nitesh Nath Shah Deo, filed an appeal
against the order of the Additional/Joint Commissioner of Income Tax (Appeals),
Bengaluru dated 28.03.2025 for Assessment Year 2015-16. The assessee...
Reassessment Quashed for Borrowed Satisfaction and Addition under Section 56(2)(x) Deleted on Merits: Naveen Singh vs. DCIT, Circle-1, Jamshedpur (ITAT)
Facts of the
CaseThe assessee, Naveen Singh, filed his return of
income for Assessment Year 2017-18 declaring total income of ₹43,99,340, which
was processed under Section 143(1). Subsequently, the Assessing Officer...
Delay Condoned and Ex Parte Appellate Order Set Aside in the Interest of Substantial Justice: M/s R.P. Singh & Co. vs. DCIT/ACIT, Circle-1, Ranchi (ITAT)
Facts of the
CaseThe assessee, M/s R.P. Singh & Company, filed
an appeal against the order of the Commissioner of Income Tax (Appeals), NFAC,
Delhi dated 20.07.2023 for Assessment Year 2016-17. The appeal before t...
Assessment Proceedings Set Aside for Failure to Bring Legal Representative on Record After Death of Assessee: Late Sabita Prasad vs. ITO, Ward-3(1), Ranchi (ITAT)
Facts of the
CaseThe appeals were filed by the husband and legal
heir of Late Sabita Prasad for Assessment Years 2012-13 and 2013-14 against
orders passed by the appellate authorities. The assessment orders for both
...
Assessment Restored for Fresh Adjudication Due to Non-Cooperation by Assessee with Exemplary Costs: Jharkhand State Food and Civil Supplies Corporation Ltd. vs. DCIT/ACIT, Ranchi (ITAT)
Facts of the
CaseThe assessee, Jharkhand State Food and Civil
Supplies Corporation Limited, filed an appeal against the order of the
Commissioner of Income Tax (Appeals), NFAC, Delhi for Assessment Year 2018-19.
Duri...