![Disallowance of Rs. 31.38 Lakh u/s 37 of Income Tax Act: ITAT Restores Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Income-Tax-Section-37-of-Income-Tax-Act-taxscan.jpg "Disallowance of Rs. 31.38 Lakh u/s 37 of Income Tax Act: ITAT Restores Matter to AO [Read Order]")
Disallowance of Rs. 31.38 Lakh u/s 37 of Income Tax Act: ITAT Restores Matter to AO [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter to the Assessing Officer ( AO ) concerning the disallowance of Rs....
![Timely Deposit of Employee PF and ESI Contributions Required for Deduction u/s 36(1)(va) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Section-361va-of-Income-Tax-Act-PF-and-ESI-for-Deduction-ITAT-Case-taxscan.jpg "Timely Deposit of Employee PF and ESI Contributions Required for Deduction u/s 36(1)(va) of Income Tax Act: ITAT [Read Order]")
![Long-Term Capital Gains cannot be deemed Bogus as AO fails to prove Price Rigging: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Mumbai-Income-Tax-Income-Tax-News-Long-Term-Capital-Gains-Taxscan.jpg "Long-Term Capital Gains cannot be deemed Bogus as AO fails to prove Price Rigging: ITAT [Read Order]")
![Failure to File Appeal due to lack of knowledge about e-filing system: ITAT Condones 1030 Days Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-New-Delhi-ITAT-Condones-Failure-to-File-Appeal-Lack-of-knowledge-e-filing-system-taxscan.jpg "Failure to File Appeal due to lack of knowledge about e-filing system: ITAT Condones 1030 Days Delay [Read Order]")
![Income Tax Notice Issued On Address in Income Tax Portal instead of Address in ITR: Kerala HC Allows writ petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-Income-Tax-Notice-Income-Tax-Notice-Issued-On-Address-in-Income-Tax-Portal-ITR-Kerala-HC-Kerala-High-Court-news-Income-Tax-Return-National-Faceless-Assessment-Centre-Taxscan.jpg "Income Tax Notice Issued On Address in Income Tax Portal instead of Address in ITR: Kerala HC Allows writ petition [Read Order]")
![Sale Value as of Agreement Date to be Considered u/s 50C of the Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Sale-Value-as-of-Agreement-Date-Income-Tax-Appellate-Tribunal-agreement-date-under-Section-50C-capital-gains-under-Section-48-CIT-The-appellate-tribunal-capital-gains-Taxscan.jpg "Sale Value as of Agreement Date to be Considered u/s 50C of the Act: ITAT [Read Order]")
No Material Relating to Assessee Found during Search: ITAT upholds Reassessment u/s 147 [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the reassessment under section 147 of Income Tax Act,1961, stating that no material directly relating to the assessee was found...
![No Material Relating to Assessee Found during Search: ITAT upholds Reassessment u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Section-147-of-Income-Tax-Act-taxscan.jpg "No Material Relating to Assessee Found during Search: ITAT upholds Reassessment u/s 147 [Read Order]")
ITAT invalidates Reassessment proceeding: No addition made by AO in respect of the issue for which reopening was made
In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) held that the reopening of the assessment was bad in law as the assessing officer ( AO ) made no addition in respect...
CBDT launches Special e-Campaign to rectify ITR-AIS Income-Transaction Mismatch for FY 2021-22 and FY 2023-24
The Central Board of Direct Taxes has launched a special e-Campaign to rectify Income-Transaction mismatches in the Annual Information Statement ( AIS ) and Income Tax Returns for the Financial Years...
![Assessee Proves Validity of Outstanding Trade Payables: ITAT deletes addition u/s 41( 1 ) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Mumbai-Income-Tax-Addition-Taxscan.jpg "Assessee Proves Validity of Outstanding Trade Payables: ITAT deletes addition u/s 41( 1 ) [Read Order]")