Income Tax Archives - Square Feat India

Builder’s partners admitted receiving cash on-money. Homebuyer denied it and sought cross-examination. ITAT deletes entire ₹25 lakh addition.

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Builder Admitted Taking Cash, Homebuyer Denied It & Won: ITAT Deletes ₹25 Lakh Addition

Builder’s partners admitted receiving cash on-money. Homebuyer denied it and sought cross-examination. ITAT deletes entire ₹25 lakh addition.

SquareFeatIndia
August 3, 2026
2 minute read

Mumbai woman's LTCG claim survives — ITAT rules builder's delayed ledger entry can't override actual 2007 allotment date. ₹17L addition deleted.

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Mumbai Woman Bought Flat in 2007, Builder Wrote It in 2011 — Tax Dept Pounced

Mumbai woman’s LTCG claim survives — ITAT rules builder’s delayed ledger entry can’t override actual 2007 allotment date. ₹17L addition deleted.

SquareFeatIndia
July 5, 2026
6 minute read

ITAT Mumbai has remanded a ₹14.44 lakh stamp duty addition for fresh adjudication after ruling that the assessee was denied proper opportunity and hearing in a hastily completed reassessment.

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ITAT Mumbai Remands Stamp Duty Addition for Fresh Hearing on Natural Justice Grounds

ITAT Mumbai has remanded a ₹14.44 lakh stamp duty addition for fresh adjudication after ruling that the assessee was denied proper opportunity and hearing in a hastily completed reassessment.

SquareFeatIndia
June 28, 2026
4 minute read

The ITAT ruled that the CPC applied the wrong deadline to deny Duru Mahal CHS its Rs 8.23 lakh Section 80P deduction — the society had filed its return a day before the correct due date.

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Mumbai Co-op Housing Society Wins Rs 8.23 Lakh Tax Battle After Filing Return a Day Early

The ITAT ruled that the CPC applied the wrong deadline to deny Duru Mahal CHS its Rs 8.23 lakh Section 80P deduction — the society had filed its return a day before the correct due date.