Ipsita Das
![Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Onus-Prove-Accrual-Capital-Gain-Assessee-ITAT-Order-income-tax-taxscan.jpg "Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]")
Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]
In a ruling by the Chennai Bench of the Income Tax Appellate Tribunal (ITAT), it was determined that the burden of proof lies with the assessee to...
![No Liability for Assessee in Default to Deduct TDS on Payee having No Liability to Pay Tax on Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Liability-Assessee-Default-Deduct-TDS-Payee-No-Liability-Pay-Tax-Income-ITAT-TAXSCAN.jpg "No Liability for Assessee in Default to Deduct TDS on Payee having No Liability to Pay Tax on Income: ITAT [Read Order]")
![Disallowance of Income Tax Addition made on Ground of Unexplained Cash Deposits: ITAT Sets Aside Exparte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Disallowance-Income-Tax-Ground-Unexplained-Cash-Deposits-ITAT-Exparte-TAXSCAN.jpg "Disallowance of Income Tax Addition made on Ground of Unexplained Cash Deposits: ITAT Sets Aside Exparte Order [Read Order]")
![No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Income-Tax-Addition-Without-Incriminating-Materials-Unearthed-Search-Seizure-ITAT-TAXSCAN.jpg "No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]")
![Excess Jewellery Beyond Specified WTR cannot be Treated as Stridhan to Claim Benefits under CBDT Circular: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Excess-Jewellery-Beyond-Specified-WTR-cannot-be-Treated-as-Stridhan-to-Claim-Benefits-under-CBDT-Circular-ITAT-TAXSCAN.jpg "Excess Jewellery Beyond Specified WTR cannot be Treated as Stridhan to Claim Benefits under CBDT Circular: ITAT [Read Order]")
![Disallowance to Enhancement of Assessed Income: ITAT Reverses Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Disallowance-Enhancement-of-Assessed-Income-Enhancement-Assessed-Income-Income-ITAT-Reverses-Order-of-CITA-ITAT-Reverses-Order-of-CITA-Reverses-Order-CITA-taxscan.jpg "Disallowance to Enhancement of Assessed Income: ITAT Reverses Order of CIT(A) [Read Order]")
Unsecured Loan Availed not to be Treated as Unexplained Cash Credits u/s 68 of Income Tax Act: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the unsecured loan availed by the assessee cannot be treated as unexplained cash credit under Section 68 of the Income Tax Act,1961...
![Unsecured Loan Availed not to be Treated as Unexplained Cash Credits u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Unsecured-Loan-Availed-not-to-be-Treated-as-Unexplained-Cash-Credits-Income-Tax-Act-ITAT-TAXSCAN-1.jpg "Unsecured Loan Availed not to be Treated as Unexplained Cash Credits u/s 68 of Income Tax Act: ITAT [Read Order]")
Mere Delay of Developer to Handover Possession of Flat would not Vitiate Claim of Assessee: ITAT Allows Capital Gain Deduction [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) held that mere delay on the part of the developer to hand over the possession of the flat would not vitiate the claim of the assessee and...
![Mere Delay of Developer to Handover Possession of Flat would not Vitiate Claim of Assessee: ITAT Allows Capital Gain Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Delay-of-Developer-Possession-of-Flat-Flat-Claim-ITAT-Capital-Gain-Deduction-Capital-Gain-Deduction-ITAT-Allows-Capital-Gain-Deduction-taxscan.jpg "Mere Delay of Developer to Handover Possession of Flat would not Vitiate Claim of Assessee: ITAT Allows Capital Gain Deduction [Read Order]")
![No Deduction of TDS for Reimbursement of Salary Cost for Seconded Employees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Deduction-TDS-Reimbursement-Salary-Cost-Salary-Seconded-Employees-ITAT-taxscan.jpg "No Deduction of TDS for Reimbursement of Salary Cost for Seconded Employees: ITAT [Read Order]")
![TDS Credit Allowable to HUF for Sale of Housing Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-TDS-Credit-Allowable-to-HUF-for-Sale-of-Housing-Property-TDS-Credit-TDS-HUF-Sale-of-Housing-Property-Housing-Property-Taxscan.jpg "TDS Credit Allowable to HUF for Sale of Housing Property: ITAT [Read Order]")
Mere Non-Furnishing of Copy of Registration of Charitable Trust u/s 12A of Income Tax Act not Reason to Deny Exemption u/s 11: ITAT Sets Aside Order [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal (ITAT) held that mere non-furnishing of a copy of the registration of charitable Trust under Section 12A of the Income Tax Act cannot be a reason...
![Mere Non-Furnishing of Copy of Registration of Charitable Trust u/s 12A of Income Tax Act not Reason to Deny Exemption u/s 11: ITAT Sets Aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Mere-Non-Furnishing-of-Copy-of-Registration-of-Charitable-Trust-Charitable-Trust-Income-Tax-Act-Exemption-ITAT-Sets-Aside-Order-ITAT-Order-Taxscan.jpg "Mere Non-Furnishing of Copy of Registration of Charitable Trust u/s 12A of Income Tax Act not Reason to Deny Exemption u/s 11: ITAT Sets Aside Order [Read Order]")