Eeva Mary Sanil
![ITAT Directs CIT(A) to Re-examine Gift from HUF Under Section 56(2)(vii) of Income Tax Act 1961 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Hindu-Undivided-Family-Income-Tax-Taxscan.jpg "ITAT Directs CIT(A) to Re-examine Gift from HUF Under Section 56(2)(vii) of Income Tax Act 1961 [Read Order]")
ITAT Directs CIT(A) to Re-examine Gift from HUF Under Section 56(2)(vii) of Income Tax Act 1961 [Read Order]
In a recent ruling, the Surat bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the decision of the Commissioner of Income Tax (Appeals)...
![ITAT Weekly Round-Up [Feb 15th-Feb 21st,2025]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-weekly-round-up.webp "ITAT Weekly Round-Up [Feb 15th-Feb 21st,2025]")
![ITAT Grants Relief to Trust: Rules Against Excessive Surcharge Imposition by Centralized Processing Centre [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/trust-.jpg "ITAT Grants Relief to Trust: Rules Against Excessive Surcharge Imposition by Centralized Processing Centre [Read Order]")
![ITAT Rejects DVO Valuations, Ensures Equal Treatment Among Co-owners [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Equal-Treatment.jpg "ITAT Rejects DVO Valuations, Ensures Equal Treatment Among Co-owners [Read Order]")
![Failure to Serve Notices at Correct Address: ITAT orders Reassessment of Unexplained Deposits and Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Ahmedabad-Reassessment-of-Unexplained-Deposits-TAXSCAN.jpg "Failure to Serve Notices at Correct Address: ITAT orders Reassessment of Unexplained Deposits and Income [Read Order]")
Failure to File Copy of Financial Statement u/s 137 of Companies Act: MCA imposes Penalty on Company and Board of Directors
In a recent order of adjudication passed by the Ministry of Corporate Affairs ( MCA ), the Registrar of Companies imposed a fine of ₹3.3 lakhs on the company and its board of directors for the...
ITAT Sets Aside ₹4.16 Cr Tax Addition, Citing Misinterpretation of Section 69A and Procedural Lapse [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal (ITAT) set aside the assessment order in the case of Harish Pandey, directing the assessing officer (AO) to conduct a fresh assessment. The...
![ITAT Sets Aside ₹4.16 Cr Tax Addition, Citing Misinterpretation of Section 69A and Procedural Lapse [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Raipur-Income-tax-addition-Section-69A-of-income-tax-act-taxscan.jpg "ITAT Sets Aside ₹4.16 Cr Tax Addition, Citing Misinterpretation of Section 69A and Procedural Lapse [Read Order]")
ITAT Allows Amortization of Surface Rights u/s 35E, Upholds Mining Lease Expenditure as Business Right [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has held that the amortisation of surface rights for mining can be allowed under Section 35E of the Income Tax Act, 1961 and that the...
![ITAT Allows Amortization of Surface Rights u/s 35E, Upholds Mining Lease Expenditure as Business Right [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Allows-Amortization-Amortization-Amortization-of-Surface-Rights-Surface-Rights-Section-35E-Lease-Expenditure-Business-Right-taxscan.jpg "ITAT Allows Amortization of Surface Rights u/s 35E, Upholds Mining Lease Expenditure as Business Right [Read Order]")
The Burden of Proof on Taxpayer: ITAT dismisses Appeal as Assessee fails to Justify Unexplained Cash Disposits [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) upheld the tax addition against an assessee who failed to provide the source of his bank deposits. The tribunal dismissed the appeal after...
![The Burden of Proof on Taxpayer: ITAT dismisses Appeal as Assessee fails to Justify Unexplained Cash Disposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Taxpayer-ITAT-Appeal-as-Assessee-Unexplained-Cash-Disposits-TAXSCXAN.jpg "The Burden of Proof on Taxpayer: ITAT dismisses Appeal as Assessee fails to Justify Unexplained Cash Disposits [Read Order]")
![ITAT Weekly Round-Up [Feb 8th-Feb 14th,2025]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Weekly-Round-Up-ITAT-Weekly-Round-Up-taxscan.jpg "ITAT Weekly Round-Up [Feb 8th-Feb 14th,2025]")
ITAT Quashes Penalty for Non-Compliance to Statutory Notices During COVID-19, Citing Reasonable Cause [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) set aside a penalty proceeding of ₹20,000 levied under section 271(1)(b) of the Income Tax Act. The penalty was imposed for non-compliance...
![ITAT Quashes Penalty for Non-Compliance to Statutory Notices During COVID-19, Citing Reasonable Cause [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Penalty-COVID-19-Statutory-Notices-taxscan.jpg "ITAT Quashes Penalty for Non-Compliance to Statutory Notices During COVID-19, Citing Reasonable Cause [Read Order]")