Amounts Received Under MOU Taxable as Income from Other Sources Where Assessee Had No Ownership Rights in Land; Reopening Upheld Despite Error in Quantum: Simatajvar Yusufkhan Khan vs. ITO (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 61
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Facts of the CaseThe assessee, Simatajvar Yusufkhan Khan, filed appeals for Assessment Years 2009-10, 2010-11, 2013-14 and 2014-15 against separate orders passed by the Commissioner of Income Tax (Appeals), National Fa...

Additions Based on Seized Diaries Sustained on Incremental Peak Theory but Notional Interest Deleted Applying Real Income Principle: Mukesh Mohanlal Vaghela vs. DCIT (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 60
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Facts of the CaseThe assessee, Mukesh Mohanlal Vaghela, an individual, filed returns of income for Assessment Years 2013-14 to 2020-21. A search and seizure action under Section 132 was conducted on 23.11.2021 in the c...

Death-cum-Retirement Gratuity Fully Exempt under Section 10(10); Addition Deleted Despite Faceless Reassessment: Sonia Pravin Rajani vs. ITO (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 92
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Facts of the CaseThe assessee, Sonia Pravin Rajani, filed an appeal for Assessment Year 2019-20 against the order dated 31.07.2025 passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, De...

Ex Parte Appellate Order Set Aside Where Notices Were Sent to Wrong Email and Address: Matter Restored for Fresh Hearing – Annie Hemendrakumar Khatri vs. ITO (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 93
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Facts of the CaseThe assessee, an individual, filed her return of income for Assessment Year 2012-13 on 05.03.2013 declaring income of ₹3,00,000 under the head “Salary”. The return was processed under Section 14...

Penalty under Sections 270A and 271AAC Remanded Where Quantum Assessment Was Already Set Aside by ITAT: Chudaji Thakor vs. ITO (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 74
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Facts of the CaseThe assessee, Chudaji Thakor, filed two appeals before the Income Tax Appellate Tribunal against orders dated 25.08.2025 and 06.08.2025 passed by the National Faceless Appeal Centre, Delhi for Assessme...

Reopening under Section 147 Held Void Where Alleged Escapement Below ₹50 Lakhs; Disallowance under Section 80GGC Quashed: Sunny Fulchandji Shah vs. DCIT (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 62
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Facts of the CaseThe assessee, Sunny Fulchandji Shah, filed his return of income for Assessment Year 2019-20 on 27.08.2019 declaring total income of ₹25,59,370. A notice under Section 148 dated 20.04.2023 was issued ...

Reopening under Section 147 Quashed Where Reasons Based Solely on Insight Portal without Application of Mind; Alleged Bogus LTCG on Kushal Tradelink Shares Deleted: S K Hisaria HUF vs. ITO (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 82
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Facts of the CaseThe assessee, S. K. Hisaria HUF, filed its original return of income for Assessment Year 2017-18 on 01.08.2017 declaring total income of ₹1,51,610, which was processed under Section 143(1). Subsequen...

Penalty under Sections 270A and 271AAC Remanded Where Quantum Assessment Was Already Set Aside by ITAT: Chudaji Thakor vs. ITO (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 60
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Facts of the CaseThe assessee, Chudaji Thakor, filed two appeals before the Income Tax Appellate Tribunal against orders dated 25.08.2025 and 06.08.2025 passed by the National Faceless Appeal Centre, Delhi for Assessme...

Ex-Parte Appellate Order Set Aside and Matter Restored Where Assessee Seeks Opportunity to Explain Alleged Bogus Sales: Bipinbhai Kantilal Vakta vs. ITO (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 70
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Facts of the CaseThe assessee, Bipinbhai Kantilal Vakta, filed an appeal against the order dated 17.09.2025 passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Delhi for Assessment Year...

Assessment Framed Pursuant to Quashed Section 263 Order Held Void Ab Initio; Revenue Appeal and Assessee Cross-Objection Dismissed as Infructuous: ACIT vs. Linde Engineering Pvt. Ltd. (ITAT Ahmedabad)

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My Tax Expert
22/01/2026  |  0 COMMENTS  |  VISITOR'S COUNT: 66
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Facts of the CaseThe Revenue filed an appeal for Assessment Year 2011-12 against the order dated 20.08.2025 passed by the Commissioner of Income Tax (Appeals), Ahmedabad-13, wherein the CIT(A) deleted disallowance of d...