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GSTN Issues Advisory for Biometric-Based Aadhaar Authentication & Document Verification

The Goods and Services Tax Network ( GSTN ) has issued advisory for biometric-based Aadhaar authentication and document verification for GST...

DGFT - DGFT Prohibits - Export of Raw Human Hair - Export - Raw Human Hair - FOB Value - FOB - taxscan

DGFT Prohibits Export of Raw Human Hair Below $65/kg FOB Value [Read Notification]

CBDT Approves Bhaikaka University for Income Tax Benefits on Scientific Research [Read Notification]

GCC - income tax gulf countries - economic diversification strategies - Taxscan

Do the GCC Countries impose Personal Income Tax on their Residents?

ITAT Quashes Reassessment as AO Fails to Address Objections in Proceedings [Read Order]

Lack of proper inquiry on Unexplained Cash Deposits during Demonetization: ITAT restores matter [Read Order]

The Agra Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter back to the Commissioner of Income Tax ( Appeals ) [CIT(A)] due to the lack of proper inquiry regarding unexplained cash...

ITAT Rules Abandoned IPO Expenses as Revenue in Nature, Deletes Disallowance u/s 37(1) [Read Order]

The Pune Bench of Income Tax Appellate Tribunal (ITAT) has held that expenses incurred on an abandoned Initial Public Offering (IPO) are revenue in nature and directed the deletion of the...

ITAT Weekly Round - Up [Feb 1st-Feb 7th,2025]

This weekly round-up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan during the previous week from February 1st to February 7th. ...

ITAT Jaipur quashes Section 263 Order Due to Violation of Natural Justice [Read Order]

In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Jaipur has ruled in favor of the appellant, setting aside the Principal Commissioner of Income Tax ( PCIT )’s order under Section 263...

ITAT Quashes Tax Additions due to Lack of Incriminating Evidence [Read Order]

The Income Tax Appellate Tribunal ( ITAT ) Delhi Bench ruled in favor of the appellant by deleting the tax additions made under Section 153A of the Income Tax Act, 1961. The tribunal held that the...

CIT(A) Ex-Parte Adding Rs. 12,06,189 as Undisclosed Income: ITAT directs Fresh Hearing [Read Order]

The Jaipur Bench of Income Tax Appellate Tribunal (ITAT) directed a fresh hearing in which the Commissioner of Income Tax (Appeals) [CIT(A)] had earlier dismissed the appeal ex-parte with an addition...

ITAT Rejects Appeal, Upholds Tax Additions due to Unaccounted Income [Read Order]

The Income Tax Appellate Tribunal ( ITAT ) Patna Bench has dismissed the appeals filed by the appellant and upheld the income tax additions made under Section 153A of the Income Tax Act, 1961. The...

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