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Addition under Section 69A for Cash Deposits Set Aside Where Non-Compliance Was Due to Counsel’s Death: ITAT Allahabad in Gajendra Kumar v. ITO
Facts of the CaseThe assessee, an
individual engaged in trading of machinery parts and agricultural equipment,
did not file a return of income for the assessment year 2017-18 as his income
was stated to be below the t...
Cash Deposits Explained by School Fee Collections and Agricultural Income Cannot Be Added on Suspicion: ITAT Allahabad in Sudhir Kumar Sharma v. ITO
Facts of the CaseThe assessee filed his
return of income declaring total income of ₹1,59,280. The assessment was
completed under Sections 147/143(3) of the Income-tax Act, 1961, determining
total income at ₹27,18,...
Additions on Account of Shortage of Stock, Disallowance of Salary, and Unsecured Loan Sustained: ITAT Allahabad in M/s Mool Raj Vijay Kumar v. DCIT (Central Circle)
Facts of the CaseThe assessee, a
partnership firm engaged in trading activities, filed its return of income for
the assessment year 2018-19 declaring total income of ₹6,51,629. The assessment
was completed under Sec...
Ex-Parte Order of CIT(A) Set Aside for Violation of Section 250(6) of the Income-tax Act: ITAT Allahabad in Achchhe Lal Yadav (Deceased) L/H Amar Singh Yadav v. ITO
Facts of the CaseThe assessee had not
filed the return of income for the relevant assessment year. The Assessing
Officer completed the assessment by making various additions and determined the
total income at ₹13,02...
Ex-Parte Order of CIT(A) Set Aside for Violation of Section 250(6) of the Income-tax Act: ITAT Allahabad in Achchhe Lal Yadav (Deceased) L/H Amar Singh Yadav v. ITO
Facts of the CaseThe assessee had not
filed the return of income for the relevant assessment year. The Assessing
Officer completed the assessment by making various additions and determined the
total income at ₹13,02...
Ex-Parte Order of CIT(A) Set Aside for Violation of Section 250(6) of the Income-tax Act: ITAT Allahabad in Achchhe Lal Yadav (Deceased) L/H Amar Singh Yadav v. ITO
Facts of the CaseThe assessee had not
filed the return of income for the relevant assessment year. The Assessing
Officer completed the assessment by making various additions and determined the
total income at ₹13,02...
Denial of Adequate Opportunity by CIT(A): ITAT Allahabad Restores Disallowance Issues for Fresh Adjudication | M/s Subhash Stone Industries Pvt. Ltd. vs ACIT
Facts of the CaseThe assessee company filed its return of income for Assessment
Year 2014-15 declaring total income of ₹37,67,560. The return was processed and
assessment was completed under section 143(3) of the Inc...
Violation of Rule 46A by CIT(A): ITAT Allahabad Sets Aside Deletion of ₹8.57 Crore Addition and Orders De-Novo Adjudication | ITO Kannauj vs M/s Pumpset House
Facts of the CaseThe assessee, a partnership firm, was subjected to reassessment
proceedings for Assessment Year 2018-19. An assessment order dated 13.03.2023
was passed under sections 147 read with sections 144 and 14...
Condonation of Delay Ignored by CIT(A): ITAT Allahabad Restores Appeal in Light of Supreme Court COVID-19 Limitation Extension | Krishna Nand Singh vs NFAC
Facts of the CaseThe assessee, an individual, filed an
appeal for Assessment Year 2018-19. The case was selected under CASS, and the
Assessing Officer completed the assessment under section 144 of the Income-tax
Act, ...
Surplus Receipts Held in Fiduciary Capacity Not Taxable as Personal Income: ITAT Allahabad Deletes Additions on Spiritual Teacher of Kriya Yog Ashram – Yogi Satyam vs ITO (AYs 2012-13 to 2016-17)
Facts of the CaseThe assessee, Shri Yogi Satyam, is a
spiritual teacher associated with Kriya Yog Ashram & Research Institute,
Jhunsi, Allahabad, a non-profit organization engaged in spreading Kriyayoga.
The Asses...