Adwaid M S
Adwaid M S is a BBA-LL.B (Hons.) student at Government Law College Kozhikode with a deep passion for Space and Sports Laws, combining his legal acumen with a keen interest in quizzing and intellectual pursuits.
![ITAT Upholds Denial of Exemption u/s 54, Citing Failure to Invest in New Asset Within Specified Timeframe [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Upholds-Denial-Denial-of-Exemption-Denial-of-Exemption-Section-54-Citing-Failure-to-Invest-Specified-Timeframe-Failure-to-Invest-taxscan.jpg "ITAT Upholds Denial of Exemption u/s 54, Citing Failure to Invest in New Asset Within Specified Timeframe [Read Order]")
ITAT Upholds Denial of Exemption u/s 54, Citing Failure to Invest in New Asset Within Specified Timeframe [Read Order]
The Income Tax Appellate Tribunal (ITAT) Lucknow Bench has upheld the denial of exemption under Section 54 of the Income Tax Act, 1961, to the...
![ITAT Bangalore Rules in Favor of Assessee, allows Deductions under Section 80JJAA and Additional Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Bangalore-Favor-of-Assessee-Deductions-Section-80JJAA-Additional-Depreciation-taxscan.jpg "ITAT Bangalore Rules in Favor of Assessee, allows Deductions under Section 80JJAA and Additional Depreciation [Read Order]")
![ITAT Deletes Addition of Rs 40 Lakhs, Holds Assessees Explanation on Cash Deposits as Sufficient [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Chennai-ITAT-Deletes-Addition-case-Cash-Deposits-TAXSCAN.jpg "ITAT Deletes Addition of Rs 40 Lakhs, Holds Assessees Explanation on Cash Deposits as Sufficient [Read Order]")
![ITAT Bangalore Upholds Penalty for Misreporting of Income Due to Double Deduction Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Penalty-Deduction-Claim-taxscan.jpg "ITAT Bangalore Upholds Penalty for Misreporting of Income Due to Double Deduction Claim [Read Order]")
![Vivad Se Vishwas Scheme Brings Relief: ITAT Dismisses Appeal as Withdrawn [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Vivad-Se-Vishwas-Scheme-Vivad-Se-Vishwas-Scheme-Brings-Relief-ITAT-ITAT-Dismisses-Appeal-ITAT-Dismisses-Appeal-as-Withdrawn-Dismisses-Appeal-taxscan.jpg "Vivad Se Vishwas Scheme Brings Relief: ITAT Dismisses Appeal as Withdrawn [Read Order]")
ITAT Holds Assessee's Delay in Filing Audit Report as Reasonable, Allows Claim u/s 80IAC [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench has ruled in favor of the assessee, holding that the delay in filing the audit report was reasonable and should not have led to the disallowance of...
![ITAT Holds Assessees Delay in Filing Audit Report as Reasonable, Allows Claim u/s 80IAC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-Audit-Report-Filing-Audit-Report-taxscan.jpg "ITAT Holds Assessees Delay in Filing Audit Report as Reasonable, Allows Claim u/s 80IAC [Read Order]")
CESTAT Sets Aside Order for Failure to Examine Unjust Enrichment Aspect in LNG Import Duty Dispute [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai Bench, set aside an order for failure to examine the aspect of unjust enrichment in a dispute related to liquefied natural...
![CESTAT Sets Aside Order for Failure to Examine Unjust Enrichment Aspect in LNG Import Duty Dispute [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/LNG-Import-Duty.jpg "CESTAT Sets Aside Order for Failure to Examine Unjust Enrichment Aspect in LNG Import Duty Dispute [Read Order]")
![ITAT Directs Deletion of Rs 28.57 Lakh Addition, Says AO Failed to Follow Due Process [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Directs-AO-ITAT-taxscan.jpg "ITAT Directs Deletion of Rs 28.57 Lakh Addition, Says AO Failed to Follow Due Process [Read Order]")
Legality of Bank Attachment under GST without a Show Cause Notice: How to Challenge it [Find Draft Reply Format Here]
The Goods and Services Tax (GST) framework provides tax authorities with several enforcement mechanisms, including the power of provisional attachment of bank accounts under Section 83 of the CGST...
![Legality of Bank Attachment under GST without a Show Cause Notice: How to Challenge it [Find Draft Reply Format Here]](https://www.taxscan.in/wp-content/uploads/2025/02/Draft-Reply-for-bank-attachment-1.jpg "Legality of Bank Attachment under GST without a Show Cause Notice: How to Challenge it [Find Draft Reply Format Here]")
ITAT Sets Aside CIT(A) Order, Grants Assessee Fresh Opportunity to Present Case due to Non-Receipt of Notices [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Bangalore Bench set aside the order passed by the Commissioner of Income Tax (Appeals), CIT(A) and granted the assessee, a fresh...
![ITAT Sets Aside CIT(A) Order, Grants Assessee Fresh Opportunity to Present Case due to Non-Receipt of Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Bangalore-CITA-ITAT-case-on-non-receipt-of-tax-notices-TAXSCAN.jpg "ITAT Sets Aside CIT(A) Order, Grants Assessee Fresh Opportunity to Present Case due to Non-Receipt of Notices [Read Order]")
ITAT Sets Aside CIT(A) Order, Restores Case for Fresh Adjudication due to Erroneous Declaration of Assessment Order as Void Ab-Initio [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench, comprising Om Prakash Kant (Accountant Member) and Sunil Kumar Singh (Judicial Member), has set aside the order of the Commissioner of Income...
![ITAT Sets Aside CIT(A) Order, Restores Case for Fresh Adjudication due to Erroneous Declaration of Assessment Order as Void Ab-Initio [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Mumbai-CITA-Erroneous-Declaration-of-Assessment-Order-TAXSCAN.jpg "ITAT Sets Aside CIT(A) Order, Restores Case for Fresh Adjudication due to Erroneous Declaration of Assessment Order as Void Ab-Initio [Read Order]")
ITAT Sets Aside Order Passed by CIT(A) for Ignoring Assessee's Consistent Business Practice: Directs Re-examination of TDS Claim [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT), Pune Bench has set aside the order passed by the Commissioner of Income Tax (Appeals), CIT(A) and directed a fresh examination of...
![ITAT Sets Aside Order Passed by CIT(A) for Ignoring Assessees Consistent Business Practice: Directs Re-examination of TDS Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-CITA-Re-examination-of-TDS-Claim-TDS-TAXSCAN.jpg "ITAT Sets Aside Order Passed by CIT(A) for Ignoring Assessees Consistent Business Practice: Directs Re-examination of TDS Claim [Read Order]")