ITAT Panaji Judgments — June 2026

The Tribunal noted that the assessee provided agreements and invoices as additional evidence showing the receipts were from hotel room rentals and part of business turnover. Since these were not placed before lower authorities, the matter was remitted back.

The Tribunal found that while the CIT(A) correctly noted the non-compliance, there could be various reasons for it. Therefore, to uphold principles of natural justice, the Tribunal set aside the CIT(A)'s order and remanded the matter for fresh adjudication.

The Tribunal set aside the CIT(A)'s order and remitted the case back for fresh adjudication, providing the assessee with one more opportunity to present their case and evidence.

The Tribunal held that interest income earned by a co-operative society from investments/deposits with co-operative banks is eligible for deduction under Section 80P(2)(d) of the Act. This is because co-operative banks are essentially co-operative societies.

The Tribunal found that the CIT(A) had restored the issues to the AO without adjudicating the assessee's legal grounds, including the validity of reassessment proceedings and the AO passing an order on a non-existing person. The Tribunal set aside the CIT(A)'s order.

The Tribunal condoned the delay in filing the appeal before the CIT(A), finding sufficient cause based on Supreme Court precedents. The order of the CIT(A) was set aside, and the case was remitted for fresh adjudication.