![ITAT Deletes ₹12 Lakh Addition on SBN Deposits Post-Demonetization, Accepts Sales as Source [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Bangalore-SBN-Demonetization-Deposits-taxscan.jpg "ITAT Deletes ₹12 Lakh Addition on SBN Deposits Post-Demonetization, Accepts Sales as Source [Read Order]")
ITAT Deletes ₹12 Lakh Addition on SBN Deposits Post-Demonetization, Accepts Sales as Source [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) deleted the ₹12 lakh addition made on cash deposits of Specified Bank Notes (SBNs)...
![ITAT Condones 2202-Day Delay in Appeal Filing, due to Bona Fide Belief in Rectification u/s 154 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/itat-itat-mumbai-Delay-in-Appeal-Filing-Filing-Appeal-taxscan.jpg "ITAT Condones 2202-Day Delay in Appeal Filing, due to Bona Fide Belief in Rectification u/s 154 [Read Order]")
![Indian Subsidiary’s Classification as Dependent Agent PE in Software Sales: ITAT Sets Aside AO’s Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Indian-Subsidiary-Software-Sales-Agent-PE-taxscan.jpg "Indian Subsidiary’s Classification as Dependent Agent PE in Software Sales: ITAT Sets Aside AO’s Decision [Read Order]")
![Income Tax Bill 2025: What Every Family Needs to Know About Clubbing of Income [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Bill-2025-Income-Tax-Bill-Family-Needs-to-Know-About-Clubbing-of-Income-Clubbing-of-Income-tax-administration-Income-Tax-Act-taxscan.jpg "Income Tax Bill 2025: What Every Family Needs to Know About Clubbing of Income [Read Bill]")
![ITAT Deletes Rs. 29.82 Lakh Addition u/s 69A as Cash Deposits Duly Accounted in Books [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/SITE-IMG-19.jpg "ITAT Deletes Rs. 29.82 Lakh Addition u/s 69A as Cash Deposits Duly Accounted in Books [Read Order]")
Addition u/s 69A made by AO without Bringing any Concrete Evidence Incriminating the assessee not Sustainable: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) Mumbai deleted an addition of Rs. 2 crore made under Section 69A of the Income Tax Act, 1961, as the Assessing Officer (AO) made the...
![Addition u/s 69A made by AO without Bringing any Concrete Evidence Incriminating the assessee not Sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/concrete-evidence-evidence-evidence-incriminating-assessee-not-sustainablesee-ITAT-not-sustainable-Addition-Section-69A-taxscan.jpg "Addition u/s 69A made by AO without Bringing any Concrete Evidence Incriminating the assessee not Sustainable: ITAT [Read Order]")
![Lack of Proof of Notice Service: ITAT sets aside CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Notice-Service-Income-Tax-taxscan.jpeg "Lack of Proof of Notice Service: ITAT sets aside CIT(A) Order [Read Order]")
ITAT Allows Delay in Filing Appeal Due to Pending Rectification and COVID-19, Orders Case to Be Heard on Merits [Read Order]
The Pune Bench of Income Tax Appellate Tribunal(ITAT)Â allowed the delay in filing an appeal due to the pending rectification application and the impact of the COVID-19 period. Pudumjee Paper...
![ITAT Allows Delay in Filing Appeal Due to Pending Rectification and COVID-19, Orders Case to Be Heard on Merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Appeal-Filing-Delay.jpg "ITAT Allows Delay in Filing Appeal Due to Pending Rectification and COVID-19, Orders Case to Be Heard on Merits [Read Order]")
Penalty u/s 271B Based on Bank Transactions: ITAT Remands Matter to AO for Fresh Consideration [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) remanded the matter to the Assessing Officer (AO) for fresh consideration in a matter involving a penalty under Section 271B of Income Tax...
![Penalty u/s 271B Based on Bank Transactions: ITAT Remands Matter to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Surat-bank-transactions-penalty-Taxscan-.jpg "Penalty u/s 271B Based on Bank Transactions: ITAT Remands Matter to AO for Fresh Consideration [Read Order]")
Gurgaon GST Authorities Bust ₹66 Crore Fraudulent ITC Operation using Tax-Heavy FMCG in Tiny Shop-Space [Read Order]
Officials of the Gurgaon Goods and Services Tax (GST) Department have uncovered a massive fraud operation involving generation of fake invoices to illicitly claim Input Tax Credit (ITC). The scam...
![Gurgaon GST Authorities Bust ₹66 Crore Fraudulent ITC Operation using Tax-Heavy FMCG in Tiny Shop-Space [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Gurgaon-GST-Authorities-GST-Authorities-Fraudulent-ITC-Operation-ITC-Operation-Tax-Heavy-FMCG-FMCG-Tiny-Shop-Space-taxscan.jpg "Gurgaon GST Authorities Bust ₹66 Crore Fraudulent ITC Operation using Tax-Heavy FMCG in Tiny Shop-Space [Read Order]")
![Disallowance of deduction made u/s 80P Beyond Scope of Section 143(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Disallowance-Disallowance-of-deduction-Income-Tax-taxscan.jpg "Disallowance of deduction made u/s 80P Beyond Scope of Section 143(1): ITAT [Read Order]")
Delhi HC Quashes ₹2,000 Cr Income Tax Notice against Maruti Suzuki, Declares It Time-Barred [Read Order]
In a recent ruling, the Delhi High Court quashed Rs. 2,000 crore income tax noticeby the Income Tax Department against Maruti Suzuki India Ltd. (the petitioner), holding that the reassessment notice...
![Delhi HC Quashes ₹2,000 Cr Income Tax Notice against Maruti Suzuki, Declares It Time-Barred [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-Income-Tax-Notice-Income-Tax-Maruti-Suzuki-case-updates-TAXSCAN.jpg "Delhi HC Quashes ₹2,000 Cr Income Tax Notice against Maruti Suzuki, Declares It Time-Barred [Read Order]")