![No Specification of Concealment or Inaccurate Particulars in SCN: ITAT rescinds Rs.10 Crore Income Tax Addition u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Bangalore-income-tax-Income-Tax-Addition-Taxscan.jpg "No Specification of Concealment or Inaccurate Particulars in SCN: ITAT rescinds Rs.10 Crore Income Tax Addition u/s 271(1)(c) [Read Order]")
No Specification of Concealment or Inaccurate Particulars in SCN: ITAT rescinds Rs.10 Crore Income Tax Addition u/s 271(1)(c) [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore recently dismissed the addition of Rs.10 Crore to the Income Tax of an Assessee under Section...
![CSR Contributions by Cheil India towards Clean Ganga Fund and Swacch Bharath Kosh are Sec.80G Tax Deductibles: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Delhi-Income-Tax-CSR-Contributions-Section-80G-Taxscan.jpg "CSR Contributions by Cheil India towards Clean Ganga Fund and Swacch Bharath Kosh are Sec.80G Tax Deductibles: ITAT [Read Order]")
![Failure to Adjudicate Issue u/s 148 of Income Tax Act: ITAT Remands Case to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Income-Tax-Section-148-of-Income-Tax-Act-taxscan.jpg "Failure to Adjudicate Issue u/s 148 of Income Tax Act: ITAT Remands Case to CIT(A) [Read Order]")
![ITAT Dismisses Appeal as Withdrawn Following Application Under Vivad Se Vishwas Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Dismisses-Appeal-Vivad-Se-Vishwas-Scheme-Ahmedabad-Bench-of-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Income-tax-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "ITAT Dismisses Appeal as Withdrawn Following Application Under Vivad Se Vishwas Scheme [Read Order]")
![Assessee Not Given an Opportunity to Properly Canvas Appeal: ITAT Quashes Ex Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Ex-Parte-Order-ITAT-Quashes-Ex-Parte-Order-Income-Tax-Appellate-Tribunal-taxscan.jpg "Assessee Not Given an Opportunity to Properly Canvas Appeal: ITAT Quashes Ex Parte Order [Read Order]")
ITAT Restores Case to CIT(A) for De-Novo Consideration, Citing Violation of Principles of Natural Justice [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) restored the case of Abdulrahim Yakubbhai Gudala to the Commissioner of Income Tax (Appeals) CIT(A) for fresh adjudication, citing a...
![ITAT Restores Case to CIT(A) for De-Novo Consideration, Citing Violation of Principles of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-De-Novo-TAXSCAN.jpg "ITAT Restores Case to CIT(A) for De-Novo Consideration, Citing Violation of Principles of Natural Justice [Read Order]")
![Reopening of Assessments u/s 153A Not Allowed Without Incriminating Material: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Reopening-of-Assessments-The-Ahmedabad-Bench-of-Income-Tax-Appellate-Tribunal-Income-Tax-Act-Taxscan.jpg "Reopening of Assessments u/s 153A Not Allowed Without Incriminating Material: ITAT [Read Order]")
Disallowance of S. 80JJAA Claim due to technical default: ITAT Directs JAO to rectify intimation by CPC [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Jurisdictional Assessing Officer (JAO) to rectify the intimation by the Central Processing Centre because of the...
![Disallowance of S. 80JJAA Claim due to technical default: ITAT Directs JAO to rectify intimation by CPC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Section-80JJAA-income-tax-act-taxscan.jpg "Disallowance of S. 80JJAA Claim due to technical default: ITAT Directs JAO to rectify intimation by CPC [Read Order]")
ITAT Upholds CIT(A) Decision Deleting Addition for Alleged Bogus Purchases, Citing Genuine Sales and Statement Retraction [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]'s decision deleting the addition for alleged bogus diamond purchases, citing...
![ITAT Upholds CIT(A) Decision Deleting Addition for Alleged Bogus Purchases, Citing Genuine Sales and Statement Retraction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Ahmedabad-income-tax-Bogus-Purchases-Citing-Genuine-Sales-Taxscan.jpg "ITAT Upholds CIT(A) Decision Deleting Addition for Alleged Bogus Purchases, Citing Genuine Sales and Statement Retraction [Read Order]")
Capital Gains Addition of Rs.1.81 Crore Set Aside: ITAT Remands Case to CIT(A) for Re-Examination [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) restored the case back to the National Faceless Appeal Centre ( NFAC ) for fresh adjudication of its section 11(1A) exemption claim,...
![Capital Gains Addition of Rs.1.81 Crore Set Aside: ITAT Remands Case to CIT(A) for Re-Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Capital-Gain-Addition-capital-gains-under-Income-Tax-Act-taxscan.jpeg "Capital Gains Addition of Rs.1.81 Crore Set Aside: ITAT Remands Case to CIT(A) for Re-Examination [Read Order]")
ITAT sets aside Addition of Rs. 90.52 Crores under Sections 69A/69B, Remits Interest Expenditure Issue back to AO [Read Order]
Recently, the Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) set aside an enhancement of Rs. 90.52 crores made by the Commissioner of Income Tax (Appeals) CIT(A) holding that the CIT(A) had...
![ITAT sets aside Addition of Rs. 90.52 Crores under Sections 69A/69B, Remits Interest Expenditure Issue back to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Section-69A-the-Income-tax-Act-Section-69B-of-Income-Tax-Act-taxscan.jpg "ITAT sets aside Addition of Rs. 90.52 Crores under Sections 69A/69B, Remits Interest Expenditure Issue back to AO [Read Order]")
[QnA] Can I Claim Income Tax Benefits on Selling Gifted Jewellery? Key Questions on Gift Taxation in India Answered
Are gifts from relatives taxable in India? A: Gifts from relatives are exempted from Tax in India. It is defined under section 56(2)(x) of the Income Tax Act. Gifts from relatives are tax-free,...
![[QnA] Can I Claim Income Tax Benefits on Selling Gifted Jewellery? Key Questions on Gift Taxation in India Answered](https://www.taxscan.in/wp-content/uploads/2024/12/Gift-tax-in-india.jpg "[QnA] Can I Claim Income Tax Benefits on Selling Gifted Jewellery? Key Questions on Gift Taxation in India Answered")