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Deduction Allowed for Employees’ PF/ESI Deposited Before Return Due Date — ITAT Allahabad in Commercial Auto Sales Pvt. Ltd. v. ADIT (CPC) Interpreting Sections 36(1)(va) & 2(24)(x)
Facts of the CaseThe assessee, a private limited company, filed its
return of income declaring total income under normal provisions. The return was
processed under Section 143(1) by the Centralized Processing Cen...
Bal Bharti Public School Society vs. CIT (Exemptions) — ITAT on Section 80G Approval for Educational Institutions and Charitable Purpose under Section 2(15)
Facts of the CaseThe
assessee, a society running educational institutions, applied for approval
under Section 80G of the Income-tax Act to enable donors to claim tax
deductions on donations made to it. The Commissione...
ITAT Allahabad in ACIT vs. Smt. Jaishree Jaiswal — Legality of Assessment Additions and Appellate Relief under the Income-tax Act, 1961
Facts of the CaseThe Revenue preferred an appeal before the Income
Tax Appellate Tribunal against the order passed by the Commissioner of Income
Tax (Appeals), which had granted relief to the assessee. The dispute pert...
Universal Stone Crushing Co. v. ITO (ITAT Allahabad): Ad-hoc Addition on Closing Stock of Dust Deleted — Estimation Without Evidence Unsustainable u/s 145
Facts of the CaseThe assessee, engaged in the business of stone
crushing, was subjected to scrutiny assessment wherein the Assessing Officer
made additions to income by estimating the value of closing stock of stone
d...
Smt. Usha Rani Gupta v. DCIT (ITAT Allahabad): Additions for Alleged Unexplained Income Require Proper Evidence — Relief Granted Where Findings Not Substantiated
Facts of the CaseThe assessee, Smt. Usha Rani Gupta, was subjected
to scrutiny assessment proceedings wherein the Assessing Officer made additions
to the declared income on account of alleged unexplained amounts and
d...
Sri Som Chand Gupta v. ITO (ITAT Allahabad): Validity of Additions and Assessment Findings Examined — Relief Where Additions Not Properly Supported by Evidence
Facts of the CaseThe assessee, Shri Som Chand Gupta, was subjected
to scrutiny assessment proceedings wherein the Assessing Officer made additions
to the returned income on the basis of alleged discrepancies and unexpl...
Shashi Vaish v. DCIT (ITAT Allahabad): Additions Based on Suspicion Without Proper Inquiry Unsustainable — Revenue Must Establish Case with Cogent Evidence
Facts of the CaseThe assessee, Shri Shashi Vaish, was subjected to
scrutiny assessment proceedings in which the Assessing Officer made additions
to the returned income based on alleged discrepancies and unexplained amo...
Rajesh Kumar Singh v. ITO (ITAT Allahabad): Estimation of Income After Rejection of Books u/s 145(3) — Past Net Profit History Must Guide NP Rate; Arbitrary Higher Rate Unsustainable (AY 2010-11)
Facts of the CaseThe assessee, Rajesh Kumar Singh, engaged in
transportation business and trading of bricks and sand, filed return for AY
2010-11 declaring income of ₹4,23,316. The Assessing Officer completed scrutin...
SHRI SHESH KUMAR DUBEY,PRATAPGARH VS. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE, SULTANPUR
Facts of the
CaseThe assessee filed an appeal before the Income Tax
Appellate Tribunal against the order of the Commissioner of Income Tax
(Appeals). However, the appeal was filed with a delay beyond the prescribed
l...
Appeal Dismissed as Withdrawn After Opting for Direct Tax Vivad se Vishwas Scheme, 2020 — ITAT Allahabad in Sunil Kumar Tripathi v. ITO (AY 2009-10)
Facts of the
CaseThe assessee filed an appeal before the Income Tax
Appellate Tribunal, Allahabad Bench, challenging the order of the Commissioner
of Income Tax (Appeals) for Assessment Year 2009-10. During the penden...