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CIT(A) Order Set Aside for Non-Compliance with Section 250(6) in Alleged Bogus Purchase Case: ITAT Delhi in Bholenath Foods Ltd. v. DCIT
In
Bholenath Foods Limited v. Deputy Commissioner of Income Tax, the Delhi
Bench of the Income Tax Appellate Tribunal examined the validity of an
appellate order confirming addition of ₹1.35 crore on account of alle...
Transfer Pricing Adjustments Deleted Applying Principle of Consistency: ITAT Delhi in DCIT v. Exxon Mobil Lubricants Pvt. Ltd.
In
DCIT, New Delhi v. Exxon Mobil Lubricants Pvt. Ltd., the Delhi Bench of
the Income Tax Appellate Tribunal examined the validity of transfer pricing
adjustments made under Section 92CA of the Income-tax Act, 1961 fo...
Double Disallowance under Section 40(a)(ia) Not Permissible Where Assessee Has Suo Motu Disallowed Expenses: ITAT Delhi in DeliverHealth Services Pvt. Ltd. v. DCIT
In
DeliverHealth Services Private Limited (earlier known as Transcend MT
Services Private Limited) v. Deputy Commissioner of Income Tax, the Delhi
Bench of the Income Tax Appellate Tribunal examined the validity of
d...
Ex-Parte CIT(A) Order Set Aside for Violation of Natural Justice: ITAT Delhi in Berger Becker Coatings Pvt. Ltd. v. DCIT
In
Berger Becker Coatings Private Limited v. Deputy Commissioner of Income Tax,
Circle-4(2), Delhi, the Delhi Bench of the Income Tax Appellate Tribunal
examined the validity of an ex-parte appellate order passed by t...
Addition under Section 69A Not Sustainable for Mere Reclassification of Unsecured Loans: ITAT Mumbai in ITO v. NDW Development Corporation LLP
The present appeal was filed by the Revenue before
the Income Tax Appellate Tribunal, Mumbai Bench “B”, challenging the order of
the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, for
Asses...
Bogus Purchase Addition Deleted Despite Supplier Return Issues: ITAT Mumbai Upholds Documentary Evidence Over Mere Non-Filing – ACIT vs Everest Food Products Pvt. Ltd. (AY 2021-22)
The present appeal was
preferred by the Revenue against the order passed by the Commissioner of Income
Tax (Appeals) under section 250 of the Income-tax Act, 1961 for Assessment Year
2021-22. The assessee company, eng...
Reversal of MSMED Act Interest Not Taxable If Not Claimed as Deduction – ITAT Mumbai in Siemens Limited vs ADIT (AY 2020-21)
The present
appeal was filed by Siemens Limited before the Income Tax Appellate
Tribunal, Mumbai Bench, against the order dated 20.08.2025 passed by the
Additional/Joint Commissioner of Income Tax (Appeals) for the As...
Cash Deposits Explained by Prior Withdrawals and Tuition Income: Section 69A Addition Deleted by ITAT Mumbai – Manisha Kamalkar Sadavarte Case
The present appeal was filed by the assessee
against the order of the Commissioner of Income Tax (Appeals), National
Faceless Appeal Centre, for Assessment Year 2017-18, confirming an addition of
₹10,05,000 made und...
Reassessment Invalid Where No Addition Made on Recorded Reasons: ITAT Mumbai Allows LTCG Exemption under Section 10(38) – Chintan Harshad Kanakia v. ITO
The appeal before the Income Tax Appellate
Tribunal, Mumbai Bench “C”, was filed by the assessee against the order of the
Commissioner of Income Tax (Appeals) for Assessment Year 2015-16, wherein the
validity of r...
Business Expenditure of Holding Companies Allowable Even Without Active Operations: ITAT Delhi in Lifestyle and Media Holdings Ltd. vs DCIT (AYs 2014-15 to 2016-17)
The
assessee, Lifestyle and Media Holdings Limited, a holding company
incorporated to invest in and oversee subsidiaries operating in the non-news
lifestyle media segment, had claimed deduction of routine administrati...