Aiswarya Krishnadas
![ITAT Dismisses Appeal, Directs CIT (E) to Resolve Fresh Form 10 AB Application for Section 80 G (5) Trust Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Appeal-Form-10-AB-Application-Trust-Registration-taxscan.jpeg "ITAT Dismisses Appeal, Directs CIT (E) to Resolve Fresh Form 10 AB Application for Section 80 G (5) Trust Registration [Read Order]")
ITAT Dismisses Appeal, Directs CIT (E) to Resolve Fresh Form 10 AB Application for Section 80 G (5) Trust Registration [Read Order]
In a recent, judgement, The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT)Â has dismissed the appeal and directed the Commissioner of...
![Delay of 331 Days in Filing Appeal: ITAT Orders CIT (E) to Process Trust’s Fresh Form 10 AB application for Section 80 (G)(5) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Delay-Filing-Appeal-ITAT-Orders-Trust-Form-10-AB-application-Section-80-G-5-taxscan.jpg "Delay of 331 Days in Filing Appeal: ITAT Orders CIT (E) to Process Trust’s Fresh Form 10 AB application for Section 80 (G)(5) [Read Order]")
![Disallowance u/s 14 A of Income Tax Act cannot Exceed Exempt Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Disallowance-section-14-A-Income-Tax-Act-Exempt-Income-ITAT-taxscan.jpg "Disallowance u/s 14 A of Income Tax Act cannot Exceed Exempt Income: ITAT [Read Order]")
![ITAT Sets aside CIT(E) order, Citing Insufficient Hearing Opportunity in Section 80G (5) Application Rejection [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-CITE-order-Insufficient-Hearing-Opportunity-Application-Rejection-income-tax-income-tax-act-itat-news-income-tax-news-income-tax-act-news-tax-news-taxscan.jpg "ITAT Sets aside CIT(E) order, Citing Insufficient Hearing Opportunity in Section 80G (5) Application Rejection [Read Order]")
Taxpayer Liable for Interest u/s 234B due to Delayed Advance Tax Payment, Despite Seeking Adjustment of Seized Cash against Tax Liability: Chandigarh HC [Read Order]
The Chandigarh High Court ruled that the taxpayer is liable for interest under Section 234B due to delayed advance tax payment, despite their request to adjust the seized cash against their tax...
Denial of Personal Hearing due to Printing Error in GST SCN Reply Form: Madras HC sets aside Order [Read Order]
In a recent ruling, the Madras High Court set aside the order dated April 29, 2024, citing a violation of natural justice, as the petitioner was denied a personal hearing due to a printing...
ITAT denies Exemption u/s 10(38) for LTCG on Share Sale, Citing alleged Conversion of Unaccounted Money [Read Order]
The two member bench of the Income Tax Appellate Tribunal ( ITAT ) in Ahmedabad, denied the exemption under Section 10(38) of the Income Tax Act, 1961, for long-term capital gains ( LTCG ) on share...
![ITAT denies Exemption u/s 10(38) for LTCG on Share Sale, Citing alleged Conversion of Unaccounted Money [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-Capital-gain-LTCG-long-term-capital-gains-ITAT-Denies-Exemption-taxscan.jpg "ITAT denies Exemption u/s 10(38) for LTCG on Share Sale, Citing alleged Conversion of Unaccounted Money [Read Order]")
Mere Claim does not constitute Furnishing of Inaccurate Particulars for being Unsustainable: ITAT [Read Order]
In a recent judgement, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the order of the Commissioner of Income Tax (Appeals), asserting that simply making a claim that is not...
![Mere Claim does not constitute Furnishing of Inaccurate Particulars for being Unsustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Mumbai-ITAT-Upholds-CIT-A-Order-Income-Tax-Appellate-Tribunal-Furnishing-Particulars-taxscan.jpg "Mere Claim does not constitute Furnishing of Inaccurate Particulars for being Unsustainable: ITAT [Read Order]")
ITAT deletes Penalty u/s 270 A over Income Discrepancy Caused by Auditors Incorrect Recording of WDV in Tax Audit Report [Read Order]
In a recent judgement, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty under Section 270A of the Income Tax Act, 1961, citing that the income discrepancy was due to...
![ITAT deletes Penalty u/s 270 A over Income Discrepancy Caused by Auditors Incorrect Recording of WDV in Tax Audit Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Completion-of-Audit-Audit-Furnishing-of-Tax-Audit-Report-Tax-Audit-Report-Assessment-Proceedings-ITAT-Penalty-Taxscan.jpg "ITAT deletes Penalty u/s 270 A over Income Discrepancy Caused by Auditors Incorrect Recording of WDV in Tax Audit Report [Read Order]")
ITAT directs AO to delete addition as lower authorities fail to rebut assessee's explanation on Term Deposit Maturity and Redemption [Read Order]
The two member bench of the Income Tax Appellate Tribunal ( ITAT ) in Delhi has directed the Assessing Officer to remove the addition, as the lower authorities failed to counter the assessee's...
![ITAT directs AO to delete addition as lower authorities fail to rebut assessees explanation on Term Deposit Maturity and Redemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Delhi-Income-Tax-Deposit-Maturity-Redemption-Income-Tax-Appellate-Tribunal-bank-statements-taxscan.jpg "ITAT directs AO to delete addition as lower authorities fail to rebut assessees explanation on Term Deposit Maturity and Redemption [Read Order]")
Prima Facie Belief and Tangible Material required u/s 147/148 for Income Escaping Assessment: ITAT restores CIT (A) for Re-Adjudication [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has restored the Commissioner of Income Tax (Appeals) (CIT(A)'s decision for re-adjudication, emphasizing that a prima-facie...
![Prima Facie Belief and Tangible Material required u/s 147/148 for Income Escaping Assessment: ITAT restores CIT (A) for Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-Prima-Facie-Belief-Tangible-Material-Re-Adjudication-Taxscan.jpg "Prima Facie Belief and Tangible Material required u/s 147/148 for Income Escaping Assessment: ITAT restores CIT (A) for Re-Adjudication [Read Order]")