Delhi ITAT

Delhi Tribunal Quashes Assessments in Search-Linked Tax Dispute

Delhi Tribunal Quashes Assessments in Search-Linked Tax Dispute

New Delhi, February 6, 2025 – In a significant ruling, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the assessments against multiple assessees, holding that the assessments made under Section 143(3) of the Income Tax Act, 1961, were invalid in law. The case pertains to the appeals filed against the orders […]

ITAT Delhi Dismisses Revenue Appeal Due to Tax Effect Below Rs. 60 Lakh Threshold

ITAT Delhi Dismisses Revenue Appeal Due to Tax Effect Below Rs. 60 Lakh Threshold

Date of Pronouncement: 02.01.2024Bench: Income Tax Appellate Tribunal (ITAT), Delhi The Income Tax Appellate Tribunal (ITAT) Delhi Bench dismissed the ITAT appeal filed by the Revenue against the order dated 22.11.2022, passed by the Commissioner of Income Tax (Appeals)-30, New Delhi. The appeal arose from the Assessment Order dated 06.04.2021 for the Assessment Year (A.Y.) 2019-20 under