![Unabated Assessment and Lack of Incriminating Material in Search: ITAT Deletes Benami Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105379-incriminating-material-taxscan.webp "Unabated Assessment and Lack of Incriminating Material in Search: ITAT Deletes Benami Addition [Read Order]")
Unabated Assessment and Lack of Incriminating Material in Search: ITAT Deletes Benami Addition [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of ₹4,20,000 made on account of an alleged Benami investment...
![AO Failed to Disprove Expenses Vouched by Cheque on Painting & Marble Work: ITAT Deletes unaccounted expenditure addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/250x150_2105372-unaccounted-expenditure-taxscan.webp "AO Failed to Disprove Expenses Vouched by Cheque on Painting & Marble Work: ITAT Deletes unaccounted expenditure addition [Read Order]")
![AOs Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/250x150_2105366-income-tax-addition-taxscan.webp "AOs Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]")
![Lower Margin on High-Value Items Traded Out of Books: ITAT Reduces 10% to 6% GP Rate on Unaccounted Sales [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/250x150_2105360-gross-profit-rate-taxscan.webp "Lower Margin on High-Value Items Traded Out of Books: ITAT Reduces 10% to 6% GP Rate on Unaccounted Sales [Read Order]")
Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the appeal, holding that the delay in filing her appeal was due to sufficient cause, namely her husband’s serious illness...
![Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104812-respond-to-scn-scn-itat-ex-parte-order-condones-delay-taxscan.webp "Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]")
Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition after finding that the Assessing Officer (AO) did not examine the evidence placed on record and had relied only...
![Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105245-landowner-agricultural-income-mango-sales-triggers-scrutiny-itat-taxscan.webp "Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]")
ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Canon India Pvt. Ltd. is entitled to full foreign tax credit for taxes paid in Japan, even though its tax liability in India...
![ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105215-itat-canon-india-foreign-tax-credit-japan-despite-nil-indian-tax-liability-taxscan.webp "ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]")
Seized Excel Sheet Not Prepared by Taxpayer, Not Credible: ITAT Deletes ₹35 Lakh Unexplained Investment Addition [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) deleted ₹35 Lakh addition under section 69A/69B for alleged unaccounted land investment for the assessment year (A.Y) 2016-17, holding that...
![Seized Excel Sheet Not Prepared by Taxpayer, Not Credible: ITAT Deletes ₹35 Lakh Unexplained Investment Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105196-whatsapp-image-2025-11-14-at-15517-pm.webp "Seized Excel Sheet Not Prepared by Taxpayer, Not Credible: ITAT Deletes ₹35 Lakh Unexplained Investment Addition [Read Order]")
Misclassification of Real Estate Income as LTCG u/s 50C: ITAT Remands ₹21.24 Lakh Addition for Fresh Adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has set aside the ex parte order passed by the CIT(A) and remanded the matter to the AO for fresh adjudication on the ground that income from...
![Misclassification of Real Estate Income as LTCG u/s 50C: ITAT Remands ₹21.24 Lakh Addition for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105167-real-estate-income-itat-.webp "Misclassification of Real Estate Income as LTCG u/s 50C: ITAT Remands ₹21.24 Lakh Addition for Fresh Adjudication [Read Order]")
Concurrent Jurisdiction of JAO and FAO to initiate Re-assessment proceedings under Income-Tax Act: Supreme Court issues notice [Read Judgement]
The Supreme Court of India has issued notice in a batch of Special Leave Petitions (SLPs) against the Income Tax Department, challenging the judgment of the Delhi High Court. The High Court...
![Concurrent Jurisdiction of JAO and FAO to initiate Re-assessment proceedings under Income-Tax Act: Supreme Court issues notice [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105128-supreme-court-income-tax-act-re-assessment-proceedings-concurrent-jurisdiction-of-jao-taxscan.webp "Concurrent Jurisdiction of JAO and FAO to initiate Re-assessment proceedings under Income-Tax Act: Supreme Court issues notice [Read Judgement]")