Franklin Joshva
![CIT(A) Order Lacks Reasoning: ITAT Quashes ₹2.53 Cr LTCG Addition, Orders Fresh AO Assessment [Read Order]](https://images.taxscan.in/h-upload/2025/07/18/500x300_2065037-2055178-itat-long-term-capital-gains-ltcg-exemption-penny-stock-found-bougus-taxscan.webp "CIT(A) Order Lacks Reasoning: ITAT Quashes ₹2.53 Cr LTCG Addition, Orders Fresh AO Assessment [Read Order]")
CIT(A) Order Lacks Reasoning: ITAT Quashes ₹2.53 Cr LTCG Addition, Orders Fresh AO Assessment [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that the Commissioner of Income Tax (Appeals) [CIT(A)] erred in rejecting...
![SCN Issued for Property Purchase to Wrong Assessment Year: ITAT Quashes PCIT Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/18/250x150_2064906-property-purchase-wrong-assessment-itat-mumbai-taxscan.webp "SCN Issued for Property Purchase to Wrong Assessment Year: ITAT Quashes PCIT Order [Read Order]")
![80IB(10) Deduction Denial for Housing Project: ITAT Restores ₹1.73 Cr Claim to AO Relying on SC Precedent on Architects Completion Certificate [Read Order]](https://images.taxscan.in/h-upload/2025/07/18/250x150_2064912-deduction-itat-taxscan.webp "80IB(10) Deduction Denial for Housing Project: ITAT Restores ₹1.73 Cr Claim to AO Relying on SC Precedent on Architects Completion Certificate [Read Order]")
![Penny Stock Transactions Found Genuine: ITAT Deletes ₹1 Cr Addition Relying on SEBI Report and Sister Case Precedent [Read Order]](https://images.taxscan.in/h-upload/2025/07/18/250x150_2064911-site-img18-2.webp "Penny Stock Transactions Found Genuine: ITAT Deletes ₹1 Cr Addition Relying on SEBI Report and Sister Case Precedent [Read Order]")
![Section 69A Inapplicable For Audited Cash Deposits: ITAT Deletes ₹58.50 Lakh Unexplained Money Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/17/250x150_2064555-unexplained-money-taxscan.webp "Section 69A Inapplicable For Audited Cash Deposits: ITAT Deletes ₹58.50 Lakh Unexplained Money Addition [Read Order]")
![CESTAT WEEKLY ROUND-UP [July 06, 2025 to July 12, 2025]](https://images.taxscan.in/h-upload/2025/07/13/500x300_2063349-cestat-weekly-round-up-taxscan.webp "CESTAT WEEKLY ROUND-UP [July 06, 2025 to July 12, 2025]")
Project Completion Method Upheld: ITAT Deletes ₹3.56 Crore Addition for Real Estate Developer [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition of Rs. 3,56,16,215 made by the Assessing Officer (AO) held that the assessee correctly followed the Project ...
![Project Completion Method Upheld: ITAT Deletes ₹3.56 Crore Addition for Real Estate Developer [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063143-real-estate-developer-1.webp "Project Completion Method Upheld: ITAT Deletes ₹3.56 Crore Addition for Real Estate Developer [Read Order]")
ITAT Rules Non-Submission of Provisional Registration Copy for S.12AB Registration Not a Ground to Determine Pre-Requisite Condition [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the order of the Commissioner of Income Tax (Exemptions) [CIT(E)] which rejected the application for registration under...
![ITAT Rules Non-Submission of Provisional Registration Copy for S.12AB Registration Not a Ground to Determine Pre-Requisite Condition [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063021-registration-itat-taxscan.webp "ITAT Rules Non-Submission of Provisional Registration Copy for S.12AB Registration Not a Ground to Determine Pre-Requisite Condition [Read Order]")
Reassessment After 4 Years With Same Set of Facts Which Already Available During Original Assessment Legally Bad: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the reassessment order and declared the reopening of the assessment for Assessment Year (AY) 2012-13 after 4 years with the...
![Reassessment After 4 Years With Same Set of Facts Which Already Available During Original Assessment Legally Bad: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063019-income-tax-reassessment-1.webp "Reassessment After 4 Years With Same Set of Facts Which Already Available During Original Assessment Legally Bad: ITAT [Read Order]")
Consider GST Registration and Import Export Certificate for Proprietor Claim: ITAT Remands FTC Matter for Verification [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the order of the Commissioner of Income Tax (Appeals) [CIT(A)] and directed to verify the assessee’s claim as proprietor of...
![Consider GST Registration and Import Export Certificate for Proprietor Claim: ITAT Remands FTC Matter for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2063202-registration-1.webp "Consider GST Registration and Import Export Certificate for Proprietor Claim: ITAT Remands FTC Matter for Verification [Read Order]")
![BroadBand and Bandwidth Charges Not a Royalty: ITAT Dismisses TDS claim of Revenue [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2062975-tds-claim-taxscan.webp "BroadBand and Bandwidth Charges Not a Royalty: ITAT Dismisses TDS claim of Revenue [Read Order]")
![Conditions For Donees U/s 80G Satisfied: ITAT Allows Deduction of CSR Donations [Read Order]](https://images.taxscan.in/h-upload/2025/07/12/500x300_2062969-csr-donations-taxscan.webp "Conditions For Donees U/s 80G Satisfied: ITAT Allows Deduction of CSR Donations [Read Order]")