![ITAT quashes Penalty under Section 271(1)(c), Directs AO to reconsider Quantum Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Agra-Income-Tax-Appellate-Tribunal-Section-2711c-of-ITA-TAXSCAN.jpg "ITAT quashes Penalty under Section 271(1)(c), Directs AO to reconsider Quantum Addition [Read Order]")
ITAT quashes Penalty under Section 271(1)(c), Directs AO to reconsider Quantum Addition [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal ( ITAT ) Agra Bench has set aside the penalty imposed under Section 271(1)(c) of the...
![ITAT Rules in favor of Assessee, Citing benefit of Doubt in Fraudulent Activity Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Income-Tax-Appellate-Tribunal-Fraudulent-Activity-Case-ITAT-fraudulent-activity-2025-TAXSCAN.jpg "ITAT Rules in favor of Assessee, Citing benefit of Doubt in Fraudulent Activity Case [Read Order]")
![Tax Effect below Threshold Limit: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Tax-Effect-Below-Threshold-Limit-ITAT-ITAT-Dismisses-ITAT-Dismisses-Revenues-Appeal-Threshold-Limit-CBDT-Kolkata-Bench-of-ITAT-Income-tax-revenue-appellant-Taxscan.jpg "Tax Effect below Threshold Limit: ITAT dismisses Revenues Appeal [Read Order]")
![Ex-Parte Order Over Unexplained Income: ITAT Remands 1.41 Cr Tax Dispute to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/itat-itat-ahmedabad-CITA-Unexplained-Income-Taxscan.jpg "Ex-Parte Order Over Unexplained Income: ITAT Remands 1.41 Cr Tax Dispute to CIT(A) [Read Order]")
![ITAT condones 24-Day delay in filing Form 10B due to Technical Issues, Grants Exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Form-10B-Filing-Form-Due-to-Technical-Issues-Income-Tax-Act-taxscan.jpg "ITAT condones 24-Day delay in filing Form 10B due to Technical Issues, Grants Exemption u/s 11 of Income Tax Act [Read Order]")
![ITAT Remands Case to AO for Fresh Order Due to Lack of Opportunity to Present Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Remands-Case-Remands-Case-Remands-Case-AO-for-Fresh-Order-Lack-of-Opportunity-Present-Evidence-Evidence-taxscan.jpg "ITAT Remands Case to AO for Fresh Order Due to Lack of Opportunity to Present Evidence [Read Order]")
![Cessation of Liabilities u/s 41(1): ITAT Upholds Deletion of Additions by CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Cessation-of-Liabilities-Cessation-of-Liabilities-Section-411-ITAT-ITAT-Upholds-Deletion-of-Additions-CITA-Deletion-of-Additions-by-CITA-taxscan.jpg "Cessation of Liabilities u/s 41(1): ITAT Upholds Deletion of Additions by CIT(A) [Read Order]")
ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) ordered the Income Tax matter re-adjudication due to non-consideration of demonetization period evidence. In this case, the assessee...
![ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Demonetization-Non-Consideration-of-Demonetization-taxscan.jpg "ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]")
Penalty Levy u/s 271(1)(c): ITAT Dismisses Appeal as Withdrawn Under Vivad Se Vishwas Scheme [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal(ITAT) dismissed the appeal of the assessee regarding the penalty levy under Section 271(1)(c) of Income Tax Act,1961 for Assessment Year 2013-14, as...
![Penalty Levy u/s 271(1)(c): ITAT Dismisses Appeal as Withdrawn Under Vivad Se Vishwas Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-dismissal-Vivad-Se-Vishwas-Scheme-appeal-withdrawn-ITAT-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Income-Tax-taxscan.jpg "Penalty Levy u/s 271(1)(c): ITAT Dismisses Appeal as Withdrawn Under Vivad Se Vishwas Scheme [Read Order]")
S.68 cannot be invoked for non-appearance before AO when genuineness established through documents: ITAT [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) rules that Section 68 of Income Tax ACt, 1961 cannot be invoked for non-appearance before the Assessing Officer ( AO ) when genuineness is...
![S.68 cannot be invoked for non-appearance before AO when genuineness established through documents: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Kolkata-genuineness-established-non-appearance-Section-68-of-Income-Tax-Act-taxscan.jpg "S.68 cannot be invoked for non-appearance before AO when genuineness established through documents: ITAT [Read Order]")
Clear Violation of S. 250(6): ITAT sets aside Ex- Parte Order regarding addition on Cash Deposits of Rs. 33 Lakhs [Read Order]
In a recent ruling, the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the ex-parte order regarding addition on cash deposits of Rs. 33 lakhs by noticing a clear violation of...
![Clear Violation of S. 250(6): ITAT sets aside Ex- Parte Order regarding addition on Cash Deposits of Rs. 33 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Income-Tax-Appellate-Tribunal-Section-2506-of-the-Income-Tax-Act-Ex-Parte-Order-taxscan.jpg "Clear Violation of S. 250(6): ITAT sets aside Ex- Parte Order regarding addition on Cash Deposits of Rs. 33 Lakhs [Read Order]")
![Invalid Reassessment Notice due to Lack of PCCIT Approval: ITAT quashes Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Invalid-Reassessment-Notice-Reassessment-Notice-PCCIT-PCCIT-Approval-ITAT-ITAT-Quashes-Additions-Reassessment-Reassessment-Notice-Due-to-Lack-of-PCCIT-Approval-Assessing-Officer-Income-Tax-Act-Taxscan.jpg "Invalid Reassessment Notice due to Lack of PCCIT Approval: ITAT quashes Additions [Read Order]")