Loading ITAT cases…
662 orders · Page 3 of 14
The Tribunal allowed the assessee's request to withdraw the appeal. The appeal was dismissed as withdrawn in the absence of any objection from the Revenue.
The assessee filed an application to withdraw the appeal as they opted for the Vivad Se Vishwas Scheme. The Tribunal allowed the withdrawal request.
The Tribunal dismissed the appeals as withdrawn, subject to the condition that if the tax arrears are not resolved under the VSV Act, the assessee can seek reinstitution of the appeals.
The Tribunal noted that the assessee had opted for settlement under the Vivaad se Vishwas Act and had paid the determined tax amount. Therefore, the appeal was dismissed as withdrawn.
The Tribunal dismissed the appeals as withdrawn, subject to the condition that if the tax arrears are not resolved under the VSV Act, the assessee can seek reinstitution of the appeals.
The Tribunal held that the disallowance under Section 14A cannot exceed the amount of exempt income earned, as per various judicial precedents. The CIT(A)'s decision to restrict the disallowance was upheld.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal found the CIT(A)'s order to be cryptic and lacking in addressing the AO's concerns regarding the identity and creditworthiness of creditors and the substantiation of depreciation claims. Therefore, the matter was restored to the CIT(A) for fresh adjudication.
The assessee sought to withdraw the appeals as they had opted to settle the tax disputes under the Vivad Se Vishwas Scheme. The Tribunal allowed the withdrawal request in the absence of any objection from the Revenue.
The Tribunal held that since the assessee availed the benefit under the Vivad se Vishwas Scheme, the appeals stand disposed of in terms of the scheme, subject to approval by the Competent Authority.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal dismissed the appeals as withdrawn, subject to the condition that if the tax arrears are not resolved under the VSV Act, the assessee can seek reinstitution of the appeals.
The Tribunal dismissed the appeals as withdrawn, subject to the condition that if the tax arrears are not resolved under the VSV Act, the assessee can seek reinstitution of the appeals.
The assessee requested to withdraw the appeal as they opted to settle the dispute under the Vivad Se Vishwas Scheme. The Tribunal accepted the request and dismissed the appeal.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal held that since the assessee has availed the benefit under the Vivad se Vishwas Scheme, the appeals stand disposed of in terms thereof, subject to approval by the Competent Authority.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal held that the appeal filed by the Revenue was not maintainable as the tax effect was below the prescribed monetary limit of Rs. 50 lakhs. This circular was also clarified to apply to pending appeals.
The assessee requested to withdraw the appeal as they had opted for the Vivad se Vishwas Scheme. The Tribunal allowed the withdrawal request.
The assessee requested withdrawal of the appeals as they had opted to settle the tax disputes under the Vivad Se Vishwas Scheme. The Tribunal allowed the withdrawal request.
The Tribunal accepted the assessee's request to withdraw the appeals. The appeals were dismissed as withdrawn.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal held that the assessee failed to produce crucial evidence, specifically contract notes with date/time stamps and proof of Securities Transaction Tax payment, to substantiate the online sale of shares on a stock exchange. Consequently, the issue was remanded back to the Assessing Officer for fresh examination.
The tribunal noted the assessee's application to withdraw the appeal. The appeal was dismissed as withdrawn.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The tribunal accepted the assessee's request to withdraw the appeal. The appeal was dismissed as withdrawn.
The Tribunal restored the issue to the Assessing Officer to verify if the provision for the gratuity fund was deposited before the due date of filing the return. If verified, no disallowance would be made.
The tribunal allowed the assessee's request to withdraw the appeal. The appeal was dismissed as withdrawn.
The Tribunal held that the Assessing Officer's reasons for reopening the assessment were based on mere suspicion and lacked credible information or evidence. Therefore, the reopening was bad in law.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn based on the settlement under the Vivad Se Vishwas Scheme.
The assessee sought to withdraw the appeal as they had opted to settle the tax dispute under the Vivad Se Vishwas Scheme. The Tribunal allowed the withdrawal request.
The Tribunal held that relocation expenses of existing occupants are an allowable component of the cost of construction. Therefore, the appeal of the assessee deserves to be allowed.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The tribunal noted the assessee's application to withdraw the appeal. Consequently, the appeal was dismissed as withdrawn.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn based on the settlement under the Vivad Se Vishwas Scheme.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn based on the settlement under the Vivad Se Vishwas Scheme.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The Senior DR had no objection to this request.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn based on the settlement under the Vivad Se Vishwas Scheme.
The Tribunal held that the sales tax demand pertaining to FY 1971-72, finalized in AY 2008-09, was not allowable as a deduction in AY 2010-11, but directed its allowance in AY 2009-10. The disallowance of statutory taxes amounting to Rs. 83,755 was deleted as the payments were made during the year.
The Tribunal accepted the assessee's request for withdrawal of the appeals. The appeals were dismissed as withdrawn in light of the settlement under the Vivad Se Vishwas Scheme.
The tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn.
The Tribunal dismissed the appeals as withdrawn, subject to the condition that if the tax arrears are not resolved under the VSV Act, the assessee can seek reinstitution of the appeals.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The Senior DR had no objection to the withdrawal.
The Tribunal noted the assessee's submission regarding opting for settlement under the Vivaad se Vishwas Act. Consequently, the appeal was treated as withdrawn.
The Tribunal accepted the assessee's request for withdrawal of the appeal. The appeal was dismissed as withdrawn based on the settlement under the Vivad Se Vishwas Scheme.
The Tribunal held that the sales tax demand pertaining to FY 1971-72, finalized in AY 2008-09, was not allowable as a deduction in AY 2010-11, but directed its allowance in AY 2009-10. The disallowance of statutory taxes amounting to Rs. 83,755 was deleted as the payments were made during the year.