![ITAT Sets Aside Assessment Order on Cash Deposits During Demonetization due to Violation of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/assessment-order.jpg "ITAT Sets Aside Assessment Order on Cash Deposits During Demonetization due to Violation of Natural Justice [Read Order]")
ITAT Sets Aside Assessment Order on Cash Deposits During Demonetization due to Violation of Natural Justice [Read Order]
The assessee, Keyur Rajeshbhai Agrawal, has appealed against the order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] for the assessment...
![ITAT Remands Case as Assessee was not given Final Opportunity to Explain Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Remands-Case-Explain-Cash-Deposits-Assessing-Officer-CIT-ITAT-Chennai-ITAT-India-ITAT-NEWS-INCOME-TAX-INCOME-TAX-NEWS-Section-144-Taxscan.jpg "ITAT Remands Case as Assessee was not given Final Opportunity to Explain Cash Deposits [Read Order]")
![ITAT Remands Case Back, Grants Fresh Opportunity for Registration under Sections 12AB and 80G [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Remands-Case-Grants-Fresh-Opportunity-Sections-12AB-CIT-Section-80G-financial-records-ITAT-Mumbai-ITAT-INDIA-Income-tax-income-tax-news-ITAT-news-Taxscan.jpg "ITAT Remands Case Back, Grants Fresh Opportunity for Registration under Sections 12AB and 80G [Read Order]")
![ITAT Weekly Round-Up [Feb 8th-Feb 14th,2025]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Weekly-Round-Up-ITAT-Weekly-Round-Up-taxscan.jpg "ITAT Weekly Round-Up [Feb 8th-Feb 14th,2025]")
![ITAT Directs Reassessment of Disputed Tax Deduction Claimed Under VSV Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Directs-Reassessment-Disputed-Tax-Deduction-Claimed-VSV-Scheme-TAXSCAN.jpg "ITAT Directs Reassessment of Disputed Tax Deduction Claimed Under VSV Scheme [Read Order]")
Taxpayer Must Disclose Cash-in-Hand, Bank Balances, and Receivables Even Under Presumptive Taxation Scheme: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) ruled that a taxpayer must disclose cash-in-hand, bank balances, and receivables even under the Presumptive Taxation Scheme, rejecting the...
![Taxpayer Must Disclose Cash-in-Hand, Bank Balances, and Receivables Even Under Presumptive Taxation Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Cash-in-Hand.jpg "Taxpayer Must Disclose Cash-in-Hand, Bank Balances, and Receivables Even Under Presumptive Taxation Scheme: ITAT [Read Order]")
AO Fails to Properly Divide Stamp Duty Valuation Difference and Unexplained Investment: ITAT Upholds PCIT’s Invocation [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) upheld the Principal Commissioner of Income Tax (PCIT)’s invocation of Section 263 of the Income Tax Act, 1961, after finding that the...
![AO Fails to Properly Divide Stamp Duty Valuation Difference and Unexplained Investment: ITAT Upholds PCIT’s Invocation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Stamp-Duty-Valuation-Stamp-Duty-Valuation-Difference-and-Unexplained-Investment-Valuation-Difference-Unexplained-Investment-ITAT-Upholds-ITAT-taxscan.jpg "AO Fails to Properly Divide Stamp Duty Valuation Difference and Unexplained Investment: ITAT Upholds PCIT’s Invocation [Read Order]")
![Employed Abroad? Here’s How India’s New 2025 Tax Bill May Affect Your Income Tax [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/02/employed-abroad-income-tax.jpg "Employed Abroad? Here’s How India’s New 2025 Tax Bill May Affect Your Income Tax [Read Bill]")
ITAT Strikes Down Excessive S.14A Disallowance Due to AO’s Failure to Record Dissatisfaction [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) struck down an excessive disallowance made under Section 14A of the Income Tax Act, 1961 as the Assessing Officer (AO) had failed to...
![ITAT Strikes Down Excessive S.14A Disallowance Due to AO’s Failure to Record Dissatisfaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Down-Excessive-Disallowance-Record-Dissatisfaction-taxscan.jpg "ITAT Strikes Down Excessive S.14A Disallowance Due to AO’s Failure to Record Dissatisfaction [Read Order]")
ITAT Upholds Rs. 4.64 Crore addition U/s 69A due to Assessee’s Failure to Explain & lack of cooperation [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition of Rs. 4.64 crores made under Section due to the assessee’s failure to explain and lack of cooperation. In this...
![ITAT Upholds Rs. 4.64 Crore addition U/s 69A due to Assessee’s Failure to Explain & lack of cooperation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Upholds-cooperation-ITAT-Ahmedabad-Commissioner-of-Income-Tax-CIT-Income-Tax-Act-high-value-transactions-ITAT-news-income-tax-news-ITAT-india-Taxscan.jpg "ITAT Upholds Rs. 4.64 Crore addition U/s 69A due to Assessee’s Failure to Explain & lack of cooperation [Read Order]")
ITAT Upholds CIT(A)'s Deletion of ₹3.24 Crore Cash Sales Addition Post-Demonetization u/s 68 of Income Tax Act [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]'s decision to delete the addition of ₹3.24 crore under Section 68 of Income Tax Act,...
![ITAT Upholds CIT(A)s Deletion of ₹3.24 Crore Cash Sales Addition Post-Demonetization u/s 68 of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/06/03/500x300_2041092-itat-delhi-deletion-of-324-crore-cash-sales-addition-taxscan.webp "ITAT Upholds CIT(A)s Deletion of ₹3.24 Crore Cash Sales Addition Post-Demonetization u/s 68 of Income Tax Act [Read Order]")