Franklin Joshva
![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]")
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...
![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/2025/10/30/250x150_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]](https://images.taxscan.in/h-upload/2025/10/30/250x150_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]](https://images.taxscan.in/h-upload/2025/10/30/250x150_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]](https://images.taxscan.in/h-upload/2025/10/30/250x150_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]")
Entire Sale Consideration ₹55.80 Lakh Treated as STCG: ITAT Restores Ex-Parte Assessment Citing Delay Due to Non-Registration on IT Portal [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) set aside the ex-parte assessment order and remitted the matter back to the file of the Assessing Officer (AO) for a fresh ...
![Entire Sale Consideration ₹55.80 Lakh Treated as STCG: ITAT Restores Ex-Parte Assessment Citing Delay Due to Non-Registration on IT Portal [Read Order]](https://images.taxscan.in/h-upload/2025/10/30/500x300_2100919-short-term-capital-gain-taxscan.webp "Entire Sale Consideration ₹55.80 Lakh Treated as STCG: ITAT Restores Ex-Parte Assessment Citing Delay Due to Non-Registration on IT Portal [Read Order]")
Senior Citizen's Bonafide Belief and Ignorance of law is Reasonable Cause u/s 273B: ITAT Deletes Penalty [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted a penalty of ₹20,00,000/- levied under Section 271D of the Income Tax Act, 1961 and held that the senior citizen assessee had...
![Senior Citizens Bonafide Belief and Ignorance of law is Reasonable Cause u/s 273B: ITAT Deletes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100700-senior-citizen-bonafide-ignorance-of-law-reasonable-cause-itat-penalty-taxscan.webp "Senior Citizens Bonafide Belief and Ignorance of law is Reasonable Cause u/s 273B: ITAT Deletes Penalty [Read Order]")
Reassessment Initiated on New Grounds Not in Notice u/s 148A(b) for AY 2018-19: Delhi HC Quashes Order against E&Y Emeia Ltd [Read Order]
The Delhi High Court set aside an order initiating reassessment proceedings under Section 148 of the Income Tax Act, 1961 and held that the decision was based on new grounds that were not mentioned...
![Reassessment Initiated on New Grounds Not in Notice u/s 148A(b) for AY 2018-19: Delhi HC Quashes Order against E&Y Emeia Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100559-reassessment-delhi-hc-ey-emeia-ltd-reassessment-initiated-new-grounds-not-in-notice-taxscan.webp "Reassessment Initiated on New Grounds Not in Notice u/s 148A(b) for AY 2018-19: Delhi HC Quashes Order against E&Y Emeia Ltd [Read Order]")
S. 234E TDS Late Fee Levy Prospective: ITAT Restores Appeal for Fresh Adjudication Subject to Payment of 10k Cost [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) restored the appeal for fresh adjudication by the Commissioner of Income Tax (Appeals) [CIT(A)] for TDS late fee issue subject to...
![S. 234E TDS Late Fee Levy Prospective: ITAT Restores Appeal for Fresh Adjudication Subject to Payment of 10k Cost [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100712-tds-late-fee-levy-prospective-itat-appeal-payment-taxscan.webp "S. 234E TDS Late Fee Levy Prospective: ITAT Restores Appeal for Fresh Adjudication Subject to Payment of 10k Cost [Read Order]")
Statutory Variation Clause Applicable: Madras HC Upholds Arbitral Awards Granting Full GST Reimbursement and Sets Aside Conflicting Award [Read Order]
The Madras High Court dismissed the petitions filed by the Integral Coach Factory (ICF) and simultaneously set aside a solitary conflicting arbitral award, all revolving around the applicability of ...
![Statutory Variation Clause Applicable: Madras HC Upholds Arbitral Awards Granting Full GST Reimbursement and Sets Aside Conflicting Award [Read Order]](https://images.taxscan.in/h-upload/2025/10/28/500x300_2100325-arbitral-award-taxscan.webp "Statutory Variation Clause Applicable: Madras HC Upholds Arbitral Awards Granting Full GST Reimbursement and Sets Aside Conflicting Award [Read Order]")