Fathima Karama A.M
![ITAT treats Cash Deposit during Demonetization Period u/s 69A on Failure to Produce Documentary Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-treats-Cash-Deposit-during-Demonetization-Period-Demonetization-ITAT-Cash-Deposit-Produce-Documentary-Evidence-taxscan.jpg "ITAT treats Cash Deposit during Demonetization Period u/s 69A on Failure to Produce Documentary Evidence [Read Order]")
ITAT treats Cash Deposit during Demonetization Period u/s 69A on Failure to Produce Documentary Evidence [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) has treated the cash deposit made during the demonetisation period under Section 69A of the...
![GST Registration Exemption to Suppliers of Goods Supplies through E-commerce Operators and TCS: CBIC Notifies Conditions [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/08/GST-Registration-Exemption-to-Suppliers-GST-Registration-Exemption-E-commerce-Operators-and-TCS-TCS-CBIC-Notifies-Conditions-CBIC-Taxscan.jpg "GST Registration Exemption to Suppliers of Goods Supplies through E-commerce Operators and TCS: CBIC Notifies Conditions [Read Notification]")
![No Failure to Disclose Material Facts fully: ITAT invalidates Assessment Reopened after Four Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-invalidates-assessment-reopened-ITAT-assessment-taxscan.jpg "No Failure to Disclose Material Facts fully: ITAT invalidates Assessment Reopened after Four Years [Read Order]")
![Reopening cannot be Merely based on Retracted Statement in the Absence of Tangible Materials: ITAT deletes Addition u/s 153A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Reopening-Retracted-Statement-Absence-Tangible-Materials-ITAT-Income-Tax-Act-taxscan.jpeg "Reopening cannot be Merely based on Retracted Statement in the Absence of Tangible Materials: ITAT deletes Addition u/s 153A of Income Tax Act [Read Order]")
![Not Enquiring Huge Cash Deposit in Demonetized Currency is Violation of Provisions Dealing in Demonetized Currency: ITAT upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Huge-Cash-Deposit-Demonetized-Currency-Violation-of-Provisions-ITAT-upholds-Revision-Order-ITAT-Revision-Order-Income-Tax-taxscan.jpg "Not Enquiring Huge Cash Deposit in Demonetized Currency is Violation of Provisions Dealing in Demonetized Currency: ITAT upholds Revision Order [Read Order]")
Section 43CA of Income Tax Act not Applicable to Sale Agreement Entered Before 1.4.2014: ITAT deletes Addition [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition holding that Section 43CA of the Income Tax Act 1961 would not apply to the sale agreement entered before 1.4.2014. ...
![Section 43CA of Income Tax Act not Applicable to Sale Agreement Entered Before 1.4.2014: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Section-Income-Tax-Act-Applicable-Sale-Agreement-ITAT-taxscan.jpg "Section 43CA of Income Tax Act not Applicable to Sale Agreement Entered Before 1.4.2014: ITAT deletes Addition [Read Order]")
Difference in Perception of Viewing Transaction not Amount to Furnishing of Inaccurate Particulars: ITAT deletes Penalty [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the penalty holding that the difference in perception of viewing transactions could not amount to inaccurate particulars. ...
![Difference in Perception of Viewing Transaction not Amount to Furnishing of Inaccurate Particulars: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Difference-Perception-Viewing-Transaction-Amount-Furnishing-Inaccurate-Particulars-ITAT-Penalty-taxscan.jpg "Difference in Perception of Viewing Transaction not Amount to Furnishing of Inaccurate Particulars: ITAT deletes Penalty [Read Order]")
Investment for affording financial security to wife in old age out of explained funds, not unexplained investment: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the investment for affording financial security to wife in old age out of explained funds could not be considered as unexplained...
![Investment for affording financial security to wife in old age out of explained funds, not unexplained investment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Investment-for-affording-financial-security-explained-funds-unexplained-investment-ITAT-TAXSCAN.jpg "Investment for affording financial security to wife in old age out of explained funds, not unexplained investment: ITAT [Read Order]")
Fee Paid for Late Filing of Professional Tax Return is Penal in Nature: ITAT Upholds Disallowance [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has upheld the disallowance as the fee paid for late filing of professional tax return was penal in nature. The assessee, Shriram Chits...
![Fee Paid for Late Filing of Professional Tax Return is Penal in Nature: ITAT Upholds Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Fee-Paid-for-Late-Filing-of-Professional-Tax-Return-is-Penal-in-Nature-ITAT-Upholds-Disallowance-TAXSCAN.jpg "Fee Paid for Late Filing of Professional Tax Return is Penal in Nature: ITAT Upholds Disallowance [Read Order]")
Mere Citing of Different PAN by Assessee and Assessing Officer Cannot be Ground for Dismissal of Appeal: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that mere citing of different Permanent Account Number (PAN) by the assessee and assessee officer could not be a ground for dismissal...
![Mere Citing of Different PAN by Assessee and Assessing Officer Cannot be Ground for Dismissal of Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Mere-Citing-Different-PAN-Assessee-Assessing-Officer-Ground-Dismissal-Appeal-ITAT.jpg "Mere Citing of Different PAN by Assessee and Assessing Officer Cannot be Ground for Dismissal of Appeal: ITAT [Read Order]")
Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the additional income tax on dividends paid by domestic companies to non-resident shareholders should be at rate prescribed...
![Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Additional-Income-Tax-on-Dividend-paid-by-Domestic-Company-to-Shareholders-shall-be-at-Rate-Prescribed-DTAA-ITAT-TAXSCAN.jpg "Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]")
Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the additional income tax on dividends paid by domestic companies to non-resident shareholders should be at rate prescribed...
![Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/additional-income-tax-Dividend-domestic-company-non-resident-shareholders-income-tax-income-tax-taxscan.jpg "Additional Income Tax on Dividend paid by Domestic Company to Non-Resident Shareholders shall be at Rate Prescribed u/s115-O not DTAA: ITAT [Read Order]")