Franklin Joshva
![Purchase of Shares Accepted in Earlier AYs Cannot be Doubted Upon its Sale: ITAT Quashes ₹9.32 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/15/500x300_2096851-itat-kolkata-section-68-unexplained-cash-credit-taxscan.webp "Purchase of Shares Accepted in Earlier AYs Cannot be Doubted Upon its Sale: ITAT Quashes ₹9.32 Cr Addition [Read Order]")
Purchase of Shares Accepted in Earlier AYs Cannot be Doubted Upon its Sale: ITAT Quashes ₹9.32 Cr Addition [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that investments accepted as genuine in earlier scrutiny assessments cannot be ...
![Lack of proper opportunity to explain Bogus Creditors: ITAT Remits Matter with One more Opportunity [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/250x150_2096576-bogus-purchase-taxscan.webp "Lack of proper opportunity to explain Bogus Creditors: ITAT Remits Matter with One more Opportunity [Read Order]")
![Reassessment Notice u/s 148 Issued after expiry of limitation period: ITAT Quashes Income Tax Notice [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/250x150_2096246-reassessment-notice-taxscan.webp "Reassessment Notice u/s 148 Issued after expiry of limitation period: ITAT Quashes Income Tax Notice [Read Order]")
![CIT(A) Must Pass Reasoned Order, Cannot Merely Uphold AOs View: ITAT Restores Rs. 1.86 Cr Addition for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/250x150_2096200-uphold-ao-itat-fresh-adjudication-taxscan.webp "CIT(A) Must Pass Reasoned Order, Cannot Merely Uphold AOs View: ITAT Restores Rs. 1.86 Cr Addition for Fresh Adjudication [Read Order]")
![Assessment Without Inquiry on Co-owners Source of Payment on Property Purchase: ITAT Orders Fresh Enquiry [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/250x150_2096053-property-purchase-taxscan.webp "Assessment Without Inquiry on Co-owners Source of Payment on Property Purchase: ITAT Orders Fresh Enquiry [Read Order]")
![Income Tax Reassessment Notice u/s 148 against Dead Person is Null and Void: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/10/500x300_2095440-income-tax-reassessment-dead-itat-taxscan.webp "Income Tax Reassessment Notice u/s 148 against Dead Person is Null and Void: ITAT [Read Order]")
Protective Addition Made for Taxpayer Firm: ITAT Restores Matter to CIT(A) with One More Opportunity [Read Order]
The Visakhapatnam Bench of the Income Tax Appellate Tribunal (ITAT) restored the appeal to the Commissioner of Income Tax (Appeals)[CIT(A)] with one more opportunity to the assessee citing that the ...
![Protective Addition Made for Taxpayer Firm: ITAT Restores Matter to CIT(A) with One More Opportunity [Read Order]](https://images.taxscan.in/h-upload/2025/10/10/500x300_2095414-addition-itat-taxscan.webp "Protective Addition Made for Taxpayer Firm: ITAT Restores Matter to CIT(A) with One More Opportunity [Read Order]")
No Addition Can Be Made in Completed/Unabated Assessments Without Incriminating Material: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) [CIT(A)] order that deleted an addition of Rs. 15,00,000 made under Section 68 of the ...
![No Addition Can Be Made in Completed/Unabated Assessments Without Incriminating Material: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/10/500x300_2095393-unabated-assessments-incriminating-material-itat-taxscan.webp "No Addition Can Be Made in Completed/Unabated Assessments Without Incriminating Material: ITAT [Read Order]")
Employers Mandated to Display Form 5A Extract Physically or Digitally: EPFO issues Directions [Read Order]
The Employee's Provident Fund Organisation (EPFO) has issued an order requiring all establishments covered under the Employee's Provident Funds Scheme, 1952, to prominently display form 5A extract ...
![Employers Mandated to Display Form 5A Extract Physically or Digitally: EPFO issues Directions [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094931-employers-mandated-display-form-5a-form-5a-form-5a-extract-taxscan.webp "Employers Mandated to Display Form 5A Extract Physically or Digitally: EPFO issues Directions [Read Order]")
Delay of 3 Years 5 Months for Filing Appeal: ITAT Condones Delay Citing Covid-19 and Principle of Substantial Justice [Read Order]
The Agra Bench of the Income Tax Appellate Tribunal (ITAT) condoned the delay of 3 years and 5 months in filing the first appeal and restored the matter to the Commissioner of Income-tax (Appeals) ...
![Delay of 3 Years 5 Months for Filing Appeal: ITAT Condones Delay Citing Covid-19 and Principle of Substantial Justice [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094915-2079282-condone-delay-nclat-documents-taxscan.webp "Delay of 3 Years 5 Months for Filing Appeal: ITAT Condones Delay Citing Covid-19 and Principle of Substantial Justice [Read Order]")
Banking Channel Records and Interest Paid Proves Loan Transaction: ITAT deletes ₹80.94 Lakh Unexplained Money Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) ruled that clear evidence of a genuine loan transaction, conducted through banking channels and including the payment of interest...
![Banking Channel Records and Interest Paid Proves Loan Transaction: ITAT deletes ₹80.94 Lakh Unexplained Money Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094939-itat-ahmedabad-unexplained-money-addition-banking-channel-records-taxscan.webp "Banking Channel Records and Interest Paid Proves Loan Transaction: ITAT deletes ₹80.94 Lakh Unexplained Money Addition [Read Order]")