![Unexplained Cash Deposits from Dairy Business: ITAT Sets Aside Ex-Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-Dairy-Business-Cash-Deposits-cases-TAXSCAN.jpg "Unexplained Cash Deposits from Dairy Business: ITAT Sets Aside Ex-Parte Order [Read Order]")
Unexplained Cash Deposits from Dairy Business: ITAT Sets Aside Ex-Parte Order [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the ex-parte order on unexplained cash deposits from the dairy business and...
![Unexplained Cash Deposits u/s 69A: ITAT Reduces Addition to Rs. 2.5 Lakh due to Partial Explanation of Source [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Section-69A-of-Income-Tax-Act-TAXSCAN.jpg "Unexplained Cash Deposits u/s 69A: ITAT Reduces Addition to Rs. 2.5 Lakh due to Partial Explanation of Source [Read Order]")
![Objections to Draft Assessment Order filed beyond Statutory Time Limit: ITAT restores matter to DRP for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Dispute-Resolution-Panel-DRP-DRP-for-Verification-taxscan.jpg "Objections to Draft Assessment Order filed beyond Statutory Time Limit: ITAT restores matter to DRP for Verification [Read Order]")
![CIT(A) Fails to consider written submission and issued notice via email despite opted No in Form 35: ITAT Quashes Ex Parte order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Surat-CITA-issued-notice-via-email-despite-ITAT-Quashes-ITAT-Quashes-Ex-Parte-order-taxscan.jpg "CIT(A) Fails to consider written submission and issued notice via email despite opted No in Form 35: ITAT Quashes Ex Parte order [Read Order]")
AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) directed further verification in the matter concerning the Assessing Officer (AO) treating entire purchases as bogus citing that the...
![AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Bangalore-Assessing-Officer-Label-Them-Bogus-Suppliers-Issuing-Fake-Bills-to-Income-AO-Adds-Purchases-taxscan.jpg "AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]")
Improper Assumption of Jurisdiction u/s 147: ITAT Quashes Assessment Due to AO’s Non-Application of Mind [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT)Â quashed the assessment for the Assessment Year 2018-19, ruling that the Assessing Officer (AO) improperly assumed jurisdiction under Section...
![Improper Assumption of Jurisdiction u/s 147: ITAT Quashes Assessment Due to AO’s Non-Application of Mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Improve-Assumption-of-Jurisdiction-ITAT-Delhi-Section-147-Assessing-Officer-taxscan.jpg "Improper Assumption of Jurisdiction u/s 147: ITAT Quashes Assessment Due to AO’s Non-Application of Mind [Read Order]")
![Relief to IBIBO Group: Delhi HC drops Income Tax Reassessment Proceedings for AY 2015-16 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/IBIBO-Group-Income-Tax-Reassessment-Proceedings-Delhi-HC-taxscan-1.jpg "Relief to IBIBO Group: Delhi HC drops Income Tax Reassessment Proceedings for AY 2015-16 [Read Order]")
AO Adds Rs. 2.37 Crore u/s 56(2)(vii)(b) for Valuation Discrepancy in Agricultural Land Purchase: ITAT directs to obtain DVO report [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Assessing Officer (AO) to obtain the District Valuation Officer (DVO) report, as the AO added Rs. 2.37 under section...
![AO Adds Rs. 2.37 Crore u/s 56(2)(vii)(b) for Valuation Discrepancy in Agricultural Land Purchase: ITAT directs to obtain DVO report [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/agricultural-land-valuation.jpg "AO Adds Rs. 2.37 Crore u/s 56(2)(vii)(b) for Valuation Discrepancy in Agricultural Land Purchase: ITAT directs to obtain DVO report [Read Order]")
ITAT Deletes ₹9,640 Deduction Disallowance for LIC Premiums after AO Accepts Additional Evidence [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT )deleted the ₹9,640 disallowance for Life Insurance Corporation of India ( LIC ) premium deduction after the Assessing Officer ( AO ) accepted...
![ITAT Deletes ₹9,640 Deduction Disallowance for LIC Premiums after AO Accepts Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/itat-Deduction-Disallowance-LIC-Premiums-Additional-Evidence-income-tax-act-tax-assessment-tax-deduction-taxscan.jpg "ITAT Deletes ₹9,640 Deduction Disallowance for LIC Premiums after AO Accepts Additional Evidence [Read Order]")
![Disallowance of Indexed Construction Costs for Lack of Evidence: ITAT allows 50% as Reasonable Estimate [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Reasonable-Estimate-Lack-of-Evidence-Evidence-Disallowance-of-Indexed-Construction-Costs-taxscan.jpg "Disallowance of Indexed Construction Costs for Lack of Evidence: ITAT allows 50% as Reasonable Estimate [Read Order]")
![ITAT quashes Addition of Rs. 179 Cr, Holds Share of Profit from LLP is Exempt [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Share-of-Profit-LLP-Quashes-Addition-taxscan.jpg "ITAT quashes Addition of Rs. 179 Cr, Holds Share of Profit from LLP is Exempt [Read Order]")