Fidha Lulu K G
![Approval of Reassessment Order by JCIT without Recording Reasons: ITAT invalidates Income Tax Notice and Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Approval-of-Reassessment-Order-Reassessment-Order-JCIT-ITAT-invalidates-Income-Tax-Notice-ITAT-Income-Tax-Notice-Income-Tax-Notice-Reassessment-Proceedings-Taxscan.jpg "Approval of Reassessment Order by JCIT without Recording Reasons: ITAT invalidates Income Tax Notice and Reassessment Proceedings [Read Order]")
Approval of Reassessment Order by JCIT without Recording Reasons: ITAT invalidates Income Tax Notice and Reassessment Proceedings [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently invalidated the Income Tax Notice under Section 148 and the reassessment...
![ITAT deletes Addition u/s 37(1) of written off Amount Treated as Business Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Business-Expenditure-Income-Tax-taxscan.jpg "ITAT deletes Addition u/s 37(1) of written off Amount Treated as Business Expenditure [Read Order]")
![Toyota Gets Partial Relief as ITAT Orders Investigation into Capitalized Expenses for Transfer Pricing Adjustment Computation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Toyota-Gets-Partial-ITAT-Orders-Investigation-into-Capitalized-Expenses-for-Transfer-Pricing-Adjustment-Computation-TAXSCAN.jpg "Toyota Gets Partial Relief as ITAT Orders Investigation into Capitalized Expenses for Transfer Pricing Adjustment Computation [Read Order]")
![No Freezing of Companys Bank A/c for Investigation against Third Party: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/05/Freezing-of-Companys-Bank-Account-Investigation-against-Third-Party-Investigation-Supreme-Court-No-Freezing-of-Companys-Bank-Account-for-Investigation-against-Third-Party-Taxscan.jpg "No Freezing of Companys Bank A/c for Investigation against Third Party: Supreme Court [Read Judgement]")
![Bank Guarantee Imposed in Furtherance Freezing Accounts Unwanted: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Bank-Guarantee-Imposed-in-Furtherance-Freezing-Accounts-Supreme-Court-Bank-Guarantee-Freezing-Accounts-Taxscan.jpg "Bank Guarantee Imposed in Furtherance Freezing Accounts Unwanted: Supreme Court [Read Order]")
![ITAT deletes Penalty for Same Defaults Under Section 271(1)(b) in Second Round [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Income-Tax-Second-Round-Defaults-ITAT-deletes-Penalty-Same-Defaults-ITAT-deletes-Penalty-for-Same-Defaults-Penalty-ITAT-Taxscan.jpg "ITAT deletes Penalty for Same Defaults Under Section 271(1)(b) in Second Round [Read Order]")
Default in Furnishing TDS Statement, Section 200A only applicable after 1st June 2015: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) recently held that the levy of a fee under Section 234E of the Income Tax Act for default in TDS statements was applicable since 1st June...
![Default in Furnishing TDS Statement, Section 200A only applicable after 1st June 2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Default-in-furnishing-TDS-statement-furnishing-TDS-statement-TDS-TDS-statement-ITAT-Income-Tax-taxscan.jpg "Default in Furnishing TDS Statement, Section 200A only applicable after 1st June 2015: ITAT [Read Order]")
ITAT deletes Addition Based on Compliance with Donation Records u/s 115BBC of the Income Tax Act [Read Order]
The Patna bench of the Income Tax Appellate Tribunal (ITAT) removed the addition based on compliance with donation records under Section 115BBC of the Income Tax Act. The Aishwarya Foundation...
![ITAT deletes Addition Based on Compliance with Donation Records u/s 115BBC of the Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-deletes-Addition-Based-on-Compliance-with-Donation-Records-ITAT-deletes-Addition-ITAT-Addition-Income-Tax-Act-Donation-Donation-Records-Taxscan.jpg "ITAT deletes Addition Based on Compliance with Donation Records u/s 115BBC of the Income Tax Act [Read Order]")
ITAT quashes Reopening of Assessment Due to Lack of Live Nexus between Reasons Recorded and Belief Formed by the Assessing Officer [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the reopening of Assessment due to lack of live nexus between reasons recorded and belief formed by the Assessing Officer. ...
![ITAT quashes Reopening of Assessment Due to Lack of Live Nexus between Reasons Recorded and Belief Formed by the Assessing Officer [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-quashes-Reopening-of-Assessment-ITAT-Reopening-of-Assessment-Assessment-Lack-of-Live-Nexus-Live-Nexus-Assessing-Officer-taxscan.jpg "ITAT quashes Reopening of Assessment Due to Lack of Live Nexus between Reasons Recorded and Belief Formed by the Assessing Officer [Read Order]")
ITAT dismisses Addition u/s 68 of Income Tax Act Due to Insufficient Evidence of Bogus Transaction [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) deletes Addition under Section 68 of Income Tax Act, 1961 due to Insufficient Evidence of Bogus Transaction. The issue of the case is CIT...
![ITAT dismisses Addition u/s 68 of Income Tax Act Due to Insufficient Evidence of Bogus Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Income-Tax-Act-Insufficient-Evidence-of-Bogus-Transaction-Insufficient-Evidence-Bogus-Transaction-Evidence-taxscan.jpg "ITAT dismisses Addition u/s 68 of Income Tax Act Due to Insufficient Evidence of Bogus Transaction [Read Order]")
![ITAT Quashes Invalid Penalty Order on Deceased Assessee u/s 159(2) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Quashes-Invalid-Penalty-Order-Deceased-Assessee-us-1592-of-Income-Tax-Act-TAXSCAN.jpg "ITAT Quashes Invalid Penalty Order on Deceased Assessee u/s 159(2) of Income Tax Act [Read Order]")