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Mechanical Approval under Section 153D Invalidates Search Assessment: ITAT Delhi in Avtar Singh Kochar Vs Assistant Commissioner of Income Tax
In Assistant Commissioner of Income Tax, Central Circle-25 v. Avtar
Singh Kochar (ITAT Delhi, order dated 09 January 2026), the Delhi Bench of
the Income Tax Appellate Tribunal adjudicated cross-appeals arising from an...
Capital Asset Held Since Construction of Building Is Long-Term—Section 54 Exemption Allowable: ITAT Mumbai in Rajani Shivaji Ghadge v. ITO
The
assessee preferred an appeal against the order passed by the Commissioner of
Income Tax (Appeals)–National Faceless Appeal Centre for Assessment Year
2016–17. The reassessment was completed under section 147 r...
Addition under Section 153C Unsustainable for Wrong Assessment Year: ITAT Delhi in Faridabad Presswell Pvt. Ltd. Vs Assistant Commissioner of Income Tax
In
Assistant Commissioner of Income Tax, Central Circle-25 v. Faridabad Presswell
Pvt. Ltd. (ITAT Delhi, pronounced on 09 January 2026), the Delhi Bench of the
Income Tax Appellate Tribunal dismissed the Revenue’s a...
Addition under Section 56(2)(vii)(b) Not Sustainable Where Stamp Duty Variation Is Within Tolerance Limit: ITAT Mumbai in Nilesh Pravinchandra Doshi v. ITO
The
assessee, an individual, filed his return of income for Assessment Year 2017–18
declaring total income of ₹14,45,090/-. Subsequently, the assessment was
reopened under section 147 on the basis of information r...
Reopening under Section 147 Invalid Where Issue Was Examined in Original Assessment: ITAT Mumbai in Narendra Sevantilal Parikh (HUF) v. ITO
The
assessee, a Hindu Undivided Family, preferred an appeal against the order
passed by the National Faceless Appeal Centre for Assessment Year 2014-15,
whereby the addition made in reassessment proceedings under sect...
Ex-parte Assessment and 100% Addition on Alleged Bogus Purchases Set Aside: ITAT Mumbai in Laxmanaram Ganchi v. ITO
The
assessee preferred an appeal against the order passed by the National Faceless
Appeal Centre for Assessment Year 2019-20, arising out of reassessment
proceedings completed under section 147 read with sections 144 ...
Section 14A Disallowance Not Permissible for Expenditure Not Claimed in Return: ITAT Mumbai in Kuntal Hasmukhlal Shah v. ACIT
The
assessee, an individual, filed his return of income for Assessment Year 2017–18
declaring total income of ₹21,70,080. The return was processed under section
143(1) of the Income-tax Act, 1961. Subsequently, th...
Penalty under Section 271D Cannot Be Sustained Solely on Third-Party Statements: ITAT Mumbai in Kamal Dwarkadas Gadodia v. Additional CIT
The
assessee preferred an appeal against the order passed by the National Faceless
Appeal Centre, affirming the penalty imposed under section 271D of the
Income-tax Act, 1961 for the Assessment Year 2010–11. The pen...
Ex-Parte Appellate Order Violative of Natural Justice—Matter Remanded for Fresh Adjudication: ITAT Mumbai in Chandulal Navjibhai Patel v. ITO
The
assessee preferred an appeal against the order passed by the National Faceless
Appeal Centre for Assessment Year 2016–17, arising out of reassessment
proceedings initiated under section 147 of the Income-tax Act...
Deemed Dividend under Section 2(22)(e) Requires Examination of Lending as Substantial Business: ITAT Mumbai in Bharat Nathalal Zaveri v. ITO
The
assessee preferred an appeal against the order passed by the National Faceless
Appeal Centre for Assessment Year 1995–96. At the outset, the Tribunal condoned
a delay of 440 days in filing the appeal, accepting ...