Franklin Joshva
Centre Approves Appointment of 16 New Members to ITAT
The Appointments Committee of the Cabinet (ACC) has officially approved the induction of 16 new members to the Income TaxAppellate Tribunal (ITAT),...
![LTCG Addition for Sale of Immovable Property: ITAT Deletes addition Citing Taxpayer as Mere Power of Attorney Holder [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/250x150_2101319-ltcg-ltcg-addition-sale-of-immovable-property-itat-mere-power-of-attorney-holder-taxscan.webp "LTCG Addition for Sale of Immovable Property: ITAT Deletes addition Citing Taxpayer as Mere Power of Attorney Holder [Read Order]")
![Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/250x150_2101470-itat-mumbai-sidbi-itat-computation-of-deduction-taxscan.webp "Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]")
![AO Failed to Record Proper Satisfaction to Invoke R. 8D: ITAT Restricts Disallowance to SIDBIs Calculation [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/250x150_2101461-proper-satisfaction-itat-disallowance-sidbis-sidbis-calculation-itat-restricts-disallowance-taxscan.webp "AO Failed to Record Proper Satisfaction to Invoke R. 8D: ITAT Restricts Disallowance to SIDBIs Calculation [Read Order]")
![No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/250x150_2101457-itat-mumbai-sidbi-bad-debts-taxscan.webp "No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]")
Delay in Filing Form 10B Cannot Justify Denial When Report Was Available Before CPC Order: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) held that the denial of exemption under Section 11 and 12 of the Income Tax Act on the sole ground of delay in filing Form 10B was ...
![Delay in Filing Form 10B Cannot Justify Denial When Report Was Available Before CPC Order: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/500x300_2101391-delay-filing-form10b-taxscan.webp "Delay in Filing Form 10B Cannot Justify Denial When Report Was Available Before CPC Order: ITAT [Read Order]")
Purchases Attributed to Other Entities: ITAT Deletes ₹2.27 Crore Addition Citing AO's Acceptance of Facts in Remand Report [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition of ₹2,27,76,680 towards alleged unaccounted purchases made under Section 69C of the Income Tax Act, 1961 and...
![Purchases Attributed to Other Entities: ITAT Deletes ₹2.27 Crore Addition Citing AOs Acceptance of Facts in Remand Report [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/500x300_2101152-remand-report-taxscan.webp "Purchases Attributed to Other Entities: ITAT Deletes ₹2.27 Crore Addition Citing AOs Acceptance of Facts in Remand Report [Read Order]")
Unexplained Cash Deposits and Status of Resident Not Verified on Merits: ITAT Remands ₹1.17 Crore Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) set aside the assessment order passed, and restored the matter to the file of the Assessing Officer (AO) for a detailed review on the...
![Unexplained Cash Deposits and Status of Resident Not Verified on Merits: ITAT Remands ₹1.17 Crore Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2101063-itat-ahmedabad-unexplained-cash-deposits-itat-remands-taxscan.webp "Unexplained Cash Deposits and Status of Resident Not Verified on Merits: ITAT Remands ₹1.17 Crore Addition [Read Order]")
Unexplained Cash Credit Addition of ₹1.77 Cr: ITAT Remands Matter for Verification of Agricultural Income and Submitted Evidence [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal Remanded the matter for verification of Agricultural Income and evidence submitted by the assessee in the case involving unexplained cash ...
![Unexplained Cash Credit Addition of ₹1.77 Cr: ITAT Remands Matter for Verification of Agricultural Income and Submitted Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2101049-unexplained-cash-credit-taxscan.webp "Unexplained Cash Credit Addition of ₹1.77 Cr: ITAT Remands Matter for Verification of Agricultural Income and Submitted Evidence [Read Order]")
Addition for Unsecured Loans Without PAN: ITAT Grants Partial Relief and Remands Matter for Verification of Submitted Documents [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) granted partial relief and remanded the matter for verification of submitted documents for the issue of addition of unsecured loans...
![Addition for Unsecured Loans Without PAN: ITAT Grants Partial Relief and Remands Matter for Verification of Submitted Documents [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2100947-unsecured-loan-taxscan.webp "Addition for Unsecured Loans Without PAN: ITAT Grants Partial Relief and Remands Matter for Verification of Submitted Documents [Read Order]")
Deletion of ₹11.54 Crore Addition on Unsecured Loans: ITAT Partially Restores Addition Citing Lack of Proof for Creditworthiness [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) partially restored a significant addition of unexplained cash credits which had been deleted by the Commissioner of Income Tax (Appeals) ...
![Deletion of ₹11.54 Crore Addition on Unsecured Loans: ITAT Partially Restores Addition Citing Lack of Proof for Creditworthiness [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2100940-unsecured-loans-taxscan.webp "Deletion of ₹11.54 Crore Addition on Unsecured Loans: ITAT Partially Restores Addition Citing Lack of Proof for Creditworthiness [Read Order]")
Trade Payables and Receivables Carried Forward from Earlier Years Not Fresh Credits: ITAT Deletes ₹5.99 Cr total Addition [Read Order]
The Chennai Bench of the Income Tax AppellateTribunal (ITAT) deleted a total addition of ₹5,99,66,944 made under Section 68 and ruled that Section 68 cannot be invoked for "trade payables"...
![Trade Payables and Receivables Carried Forward from Earlier Years Not Fresh Credits: ITAT Deletes ₹5.99 Cr total Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100878-trade-payable-itat-taxscan.webp "Trade Payables and Receivables Carried Forward from Earlier Years Not Fresh Credits: ITAT Deletes ₹5.99 Cr total Addition [Read Order]")