![ITAT Dismisses Revenues Appeal Against Sun Gold Capital Limited due to Low Tax Effect as per CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Ahmedabad-Sun-Gold-Capital-Limited-case-updates-TAXSCAN.jpg "ITAT Dismisses Revenues Appeal Against Sun Gold Capital Limited due to Low Tax Effect as per CBDT Circular [Read Order]")
ITAT Dismisses Revenue's Appeal Against Sun Gold Capital Limited due to Low Tax Effect as per CBDT Circular [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeal against Sun Gold Capital Limited due to low tax effect as...
![ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Penalty-Cash-Receipt-Ancestral-Land-Sale-Citing-Bona-Fide-Belief-taxscan.webp "ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]")
![ITAT Quashes PCITs Revision u/s 263, Finds AO Conducted Proper Verification of Investment and ESI Payments [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-PCITs-Revision-PCITs-Revision-Section-263-AO-Conducted-Proper-Verification-Proper-Verification-of-Investment-Investment-and-ESI-Payments-ESI-Payments-taxscan.jpg "ITAT Quashes PCITs Revision u/s 263, Finds AO Conducted Proper Verification of Investment and ESI Payments [Read Order]")
![Incorrect Exemption on LIC Annuity from VRS: ITAT Upholds Revision u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/LIC.jpg "Incorrect Exemption on LIC Annuity from VRS: ITAT Upholds Revision u/s 263 of Income Tax Act [Read Order]")
Penalty for Non-Compliance with Notice During Covid-19: ITAT Deletes It Citing Pandemic Disruptions [Read Order]
The Agra Bench of Income Tax Appellate Tribunal(ITAT)Â deleted a penalty imposed for non-compliance with a notice during the Covid-19 pandemic, citing disruptions caused by lockdowns and the Supreme...
![Penalty for Non-Compliance with Notice During Covid-19: ITAT Deletes It Citing Pandemic Disruptions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Penalty-Penalty-for-Non-Compliance-Non-Compliance-Covid-19-ITAT-ITAT-Deletes-It-Citing-Pandemic-Disruptions-Pandemic-Disruptions-taxscan-1.jpg "Penalty for Non-Compliance with Notice During Covid-19: ITAT Deletes It Citing Pandemic Disruptions [Read Order]")
![CIT(A) Must Decide Ex-Parte Appeal on Merits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Chennai-Ex-Parte-Ex-Parte-Appeal-on-Merits-taxscan.jpg "CIT(A) Must Decide Ex-Parte Appeal on Merits: ITAT [Read Order]")
Failure to Consider Assessee's Delay Condonation Request u/s 249(3): ITAT Remands Case to CIT(A) [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal set aside the order of the Commissioner of Income Tax(Appeals) CIT(A), National Faceless Appeal Centre (NFAC) after it erroneously dismissed the...
![Failure to Consider Assessees Delay Condonation Request u/s 249(3): ITAT Remands Case to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-11.jpg "Failure to Consider Assessees Delay Condonation Request u/s 249(3): ITAT Remands Case to CIT(A) [Read Order]")
Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench ruled in favor of the assessee, setting aside the revision order passed by the Principal Commissioner of Income Tax (PCIT)-1, Ahmedabad, under...
![Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Adani-Infrastructure.jpg "Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]")
![Denial of S.80P Deduction Over Late Filing: ITAT Rules Appeal Infructuous [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Rajkot-Section-80P-Deduction-TAXSCAN.jpg "Denial of S.80P Deduction Over Late Filing: ITAT Rules Appeal Infructuous [Read Order]")
Consideration received for Sale of Truck through Banking Channel not "Unexplained Cash Credit" u/s 68 of Income Tax Act: ITAT [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) held that the consideration received for the sale of a truck through the banking channel does not qualify as "unexplained cash credit"...
![Consideration received for Sale of Truck through Banking Channel not Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Consideration-received-for-Sale-Sale-of-Truck-Banking-Channel-Unexplained-Cash-Credit-Section-68-of-Income-Tax-Act-Income-Tax-Act-ITAT-taxscan.jpg "Consideration received for Sale of Truck through Banking Channel not Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]")
Denial of Immunity from Penalty u/s 270A to Co-operative Bank: ITAT Remands Matter to AO [Read Order]
The Cochin Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter to the Assessing Officer (AO) after noting that the denial of immunity from penalty under Section 270A of Income Tax...
![Denial of Immunity from Penalty u/s 270A to Co-operative Bank: ITAT Remands Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Penalty-under-section-270A-section-270A-of-income-tax-act-TAXSCAN.jpg "Denial of Immunity from Penalty u/s 270A to Co-operative Bank: ITAT Remands Matter to AO [Read Order]")