Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![Capital Creditors reflected in FY 2015-16 Mistakenly Shown as Trade Payables in FY 2016-17: ITAT upholds Deletion [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057368-capital-creditors.webp "Capital Creditors reflected in FY 2015-16 Mistakenly Shown as Trade Payables in FY 2016-17: ITAT upholds Deletion [Read Order]")
Capital Creditors reflected in FY 2015-16 Mistakenly Shown as Trade Payables in FY 2016-17: ITAT upholds Deletion [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of an addition exceeding ₹11 crore made by the Assessing Officer...
![Additions Without Concrete Evidence and Show Cause Notice Violates Natural Justice: ITAT deletes all Additions, Dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/250x150_2057352-madras-high-court-scn-show-cause-notice-taxscan-1.webp "Additions Without Concrete Evidence and Show Cause Notice Violates Natural Justice: ITAT deletes all Additions, Dismisses Revenue’s Appeal [Read Order]")
![Technical Glitch in Income Tax Portal: Madras HC quashes Order as Taxpayer Could not Opt Personal Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2057101-madras-high-court-technical-glitch-income-tax-portal-taxscan.webp "Technical Glitch in Income Tax Portal: Madras HC quashes Order as Taxpayer Could not Opt Personal Hearing [Read Order]")
![No Business Found at Declared Address: Calcutta HC Refuses to Quash GST Cancellation, Directs to take Appellate Remedy [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2057167-no-business-found-business-found-at-declared-address-calcutta-hc-calcutta-hc-refuses-taxscan.webp "No Business Found at Declared Address: Calcutta HC Refuses to Quash GST Cancellation, Directs to take Appellate Remedy [Read Order]")
![GST Officer Must Consider Granting Additional Time for Reply When Repeated Adjournments Are Sought: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2057118-madras-high-court-gst-officer-taxscan.webp "GST Officer Must Consider Granting Additional Time for Reply When Repeated Adjournments Are Sought: Madras HC [Read Order]")
![GST Order Liable to Be Set Aside When No Hearing u/s 75(4) is Provided: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057082-madras-high-court-gst-gst-order-taxscan.webp "GST Order Liable to Be Set Aside When No Hearing u/s 75(4) is Provided: Madras HC [Read Order]")
Invoking S. 263 on Interest on Loan Disallowance While such Loan Addition Pending Before CIT(A) Invalid: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that a Principal Commissioner of Income Tax ( PCIT ) cannot invoke revisionary jurisdiction under Section 263 to disallow...
![Invoking S. 263 on Interest on Loan Disallowance While such Loan Addition Pending Before CIT(A) Invalid: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057065-itat-disallowance-loan-taxscan.webp "Invoking S. 263 on Interest on Loan Disallowance While such Loan Addition Pending Before CIT(A) Invalid: ITAT [Read Order]")
Adhoc Disallowance Without Complete Verification Unsustainable: ITAT Deletes ₹22 Lakh Addition for Cash Purchases from URD
In a matter of jewellers and traders dealing with unregistered vendors, the Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that an adhoc disallowance of purchases without complete...
No Bar on Retaining Cash for Reasonable Period if Source Traceable: ITAT Quashes Cash Deposit Addition During Demonetisation in absence of Corroborative Evidence [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that there is no legal bar on an assessee retaining cash for a reasonable period if the source of the funds is traceable and...
![No Bar on Retaining Cash for Reasonable Period if Source Traceable: ITAT Quashes Cash Deposit Addition During Demonetisation in absence of Corroborative Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057044-site-img30-.webp "No Bar on Retaining Cash for Reasonable Period if Source Traceable: ITAT Quashes Cash Deposit Addition During Demonetisation in absence of Corroborative Evidence [Read Order]")
No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has scaled down an ad hoc disallowance made by the Assessing Officer ( AO ) on various business expenses, citing lack of proper...
![No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057049-itat-disallowance.webp "No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]")
Technical Dismissal Without Going into Merits Unsustainable: ITAT Restores back Case to Decide ₹52 Lakh Capital Loss Adjustment with Proper Reasoning [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Pune Bench has held that an appeal cannot be disposed of merely on a technical ground without adjudicating the substantive issue on merits, especially when...
![Technical Dismissal Without Going into Merits Unsustainable: ITAT Restores back Case to Decide ₹52 Lakh Capital Loss Adjustment with Proper Reasoning [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2057048-technical-dismissal-going-into-merits-unsustainable-merits-unsustainable-taxscan.webp "Technical Dismissal Without Going into Merits Unsustainable: ITAT Restores back Case to Decide ₹52 Lakh Capital Loss Adjustment with Proper Reasoning [Read Order]")