![Calcutta HC Quashes Order u/s 154 of Income Tax Act Passed Against Deceased, Allows Appeal Filed by Daughter-in-law of Deceased [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053533-income-tax-1.webp "Calcutta HC Quashes Order u/s 154 of Income Tax Act Passed Against Deceased, Allows Appeal Filed by Daughter-in-law of Deceased [Read Order]")
Calcutta HC Quashes Order u/s 154 of Income Tax Act Passed Against Deceased, Allows Appeal Filed by Daughter-in-law of Deceased [Read Order]
The Calcutta HighCourt, in a recent ruling, quashed the order under section 154 of the IncomeTax Act, 1961, which was passed against the deceased,...
![Non-Participation in Income Tax Proceedings Due to PAN Mismatch from Trust to Society Conversion: Madras HC Grants Fresh Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/250x150_2053276-pan-mismatch-taxscan.webp "Non-Participation in Income Tax Proceedings Due to PAN Mismatch from Trust to Society Conversion: Madras HC Grants Fresh Hearing [Read Order]")
![Property with Shops and Single Room Not Eligible for S.54 Exemption: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/250x150_2053226-exemption-itat-taxscan.webp "Property with Shops and Single Room Not Eligible for S.54 Exemption: ITAT [Read Order]")
![Income Tax Job Fraud: Allahabad HC grants Bail to Accused without Expressing Opinion on Merits with Conditions [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/250x150_2053209-merits-with-conditions-bail-to-accused-income-tax-taxscan.webp "Income Tax Job Fraud: Allahabad HC grants Bail to Accused without Expressing Opinion on Merits with Conditions [Read Order]")
![[TAXSCAN 360] Income Tax Rectification: Time Limits and Grounds for Seeking Rectification u/s 154](https://images.taxscan.in/h-upload/2025/06/23/250x150_2053181-taxscan-360-income-tax-rectification-income-tax-rectification-income-tax-taxscan.webp "[TAXSCAN 360] Income Tax Rectification: Time Limits and Grounds for Seeking Rectification u/s 154")
ITAT Holds 10% Tolerance Limit u/s 56(2)(x) Applicable Retrospectively, Cuts Addition in Property Valuation Case [Read Order]
In a significant ruling, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the enhanced 10% tolerance limit under section 56(2)(x) of the Income Tax Act applies...
![ITAT Holds 10% Tolerance Limit u/s 56(2)(x) Applicable Retrospectively, Cuts Addition in Property Valuation Case [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053169-itat-tolerance-limit-taxscan.webp "ITAT Holds 10% Tolerance Limit u/s 56(2)(x) Applicable Retrospectively, Cuts Addition in Property Valuation Case [Read Order]")
ITAT Sets Aside Penalty Order, Cites Denial of Fair Hearing Due to Improper E-Notice Delivery [Read Order]
The Income Tax Appellate Tribunal (ITAT) Lucknow has canceled a penalty order against a Raebareli taxpayer, ruling that authorities failed to provide a fair hearing by ignoring the assessee's...
![ITAT Sets Aside Penalty Order, Cites Denial of Fair Hearing Due to Improper E-Notice Delivery [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053117-d0358ca8-9bcc-47a4-aadb-5f709f3e4963.webp "ITAT Sets Aside Penalty Order, Cites Denial of Fair Hearing Due to Improper E-Notice Delivery [Read Order]")
ITAT Upholds Tax on Unsold Inventory as 'Income from House Property,' Directs Recalculation of ALV Based on Market Rates [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the taxability of unsold flats held as stock-in-trade under the head "Income from House Property," while remanding the...
![ITAT Upholds Tax on Unsold Inventory as Income from House Property, Directs Recalculation of ALV Based on Market Rates [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053072-itat-itat-mumbai-income-from-house-property-business-assets-taxscan.webp "ITAT Upholds Tax on Unsold Inventory as Income from House Property, Directs Recalculation of ALV Based on Market Rates [Read Order]")
Addition of 1% Commission to ₹63L Income for Issuing Bogus Sales Bills: ITAT sustains Tax Computation due to No Plausible Explanation [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) recently dismissed six appeals with common grounds, challenging the justification of the order by the Commissioner of Income Tax...
![Addition of 1% Commission to ₹63L Income for Issuing Bogus Sales Bills: ITAT sustains Tax Computation due to No Plausible Explanation [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053082-bogus-sales-bills-itat-taxscan.webp "Addition of 1% Commission to ₹63L Income for Issuing Bogus Sales Bills: ITAT sustains Tax Computation due to No Plausible Explanation [Read Order]")
ITAT Slams CIT(A) for Denial of Natural Justice, Restores Unsecured Loan Addition Case to AO for Fresh Hearing [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai has strongly criticized the Commissioner of Income Tax (Appeals) for denying a fair hearing to a taxpayer, calling it a violation of natural justice....
![ITAT Slams CIT(A) for Denial of Natural Justice, Restores Unsecured Loan Addition Case to AO for Fresh Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053079-itat-itat-slams-cita-cita-for-denial-of-natural-justice-denial-of-natural-justice-natural-justice-taxscan.webp "ITAT Slams CIT(A) for Denial of Natural Justice, Restores Unsecured Loan Addition Case to AO for Fresh Hearing [Read Order]")
ITAT Directs Fresh Assessment in Petrol Pump Case, Cites Denial of Natural Justice Over Electronic Notices [Read Order]
The Income Tax Appellate Tribunal (ITAT) Lucknow Bench has ordered tax authorities to conduct a fresh assessment in the case of a Kanpur petrol pump owner, ruling that the taxpayer's right to...
![ITAT Directs Fresh Assessment in Petrol Pump Case, Cites Denial of Natural Justice Over Electronic Notices [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053053-petroleum-companies-dealer-tax-petroleum-companies-tax-petroleum-dealer-tax-gst-on-petroleum-dealer-petroleum-dealer-gst-taxscan.webp "ITAT Directs Fresh Assessment in Petrol Pump Case, Cites Denial of Natural Justice Over Electronic Notices [Read Order]")
