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ITAT Cases Monthly Round Up: May 2024

Bonafide Mistake Committed By Assessee While Applying For Registration In Form 10AB Instead Of Form 10A, Merits To Be Condoned: Hyderabad ITATCase Title: Mandava Foundation verses Income Tax OfficerOn.

Andhra pradeshNew delhiWest bengalTamil naduShri nilesh shantilalDevki nandan maheshwariLalita troy caeiroKonathala nooku naiduMurtuza abdul gaffar khanShri piyushbhai bhailalbhai hirparaKundal raghubir bhandariShri girishbhai vadilal shahPhillip koshyRajesh doshiShri vijay suresh daveTrimbak konher patil

Differences In Opinion of Approved Valuer Regarding Fixation Of Value Of Particular Property Can t Be Termed As Concealment: Chennai ITAT Deletes Penalty

The Chennai ITAT held that assessee s claim on the fair market value cannot be termed as concealment of income, if such claim was based on the valuation report of an approved valuer. The Bench.

Tamil naduMadras high courtRegistration departmentAccountant memberManomohan dasJudicial memberSengoda gounderChennai itatFair market valueOncealment of incomeEvaluation report

Raja Gounder And Ors vs M Sengodan And Ors on 19 January, 2024

Raja Gounder And Ors vs M Sengodan And Ors on 19 January, 2024
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Andhra pradeshTamil naduSalem districtVinodh kannaDivision bench of the high courtSupreme courtTrial court as defendant nosHigh courtCouncil in gopal dasTrial courtCourt under articleGounder andSubordinate judgeCoimbatore districtNot verified digitallyCivil appeal