![Assessing Officer approved Assessment Order as per 153D of IT Act: ITAT dismisses the Appeal challenging the Approval [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Assessing-Officer-Assessment-Order-153D-IT-Act-ITAT-Appeal-Approval-taxscan.jpg "Assessing Officer approved Assessment Order as per 153D of IT Act: ITAT dismisses the Appeal challenging the Approval [Read Order]")
Assessing Officer approved Assessment Order as per 153D of IT Act: ITAT dismisses the Appeal challenging the Approval [Read Order]
The Delhi Income Tax Appellate Tribunal (ITAT) dismissed the appeal challenging the approval of Assessment Order Under Section 153D of the Income Tax...
![Inability to prove Unexplained Cash Credit u/s 69A of Income Tax Act: ITAT remits issue to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Inability-Unexplained-Cash-Credit-Income-Tax-Act-ITAT-AO-Fresh-Consideration-taxscan.jpg "Inability to prove Unexplained Cash Credit u/s 69A of Income Tax Act: ITAT remits issue to AO for Fresh Consideration [Read Order]")
![No Representation from Assessee Side: ITAT quashes Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/No-Representation-Assessee-Side-ITAT-Appeal-taxscan.jpg "No Representation from Assessee Side: ITAT quashes Appeal [Read Order]")
![ITAT upholds Addition of Unexplained Income under Section 69A due to Assessees Non-Compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Unexplained-Money-Banking-Channel-sale-Consideration-of-Shares-ITAT-Upholds-Addition-ITAT-Income-Tax-taxscan.jpg "ITAT upholds Addition of Unexplained Income under Section 69A due to Assessees Non-Compliance [Read Order]")
No Legal Action Including Income Tax Can Proceed by or against Party whose Liquidation Order is passed: ITAT dismisses Appeals [Read Order]
The Nagpur Bench of Income Tax Appellate Tribunal ( ITAT ), on hearing two parallel cases, held that no legal action including Income Tax can be proceed by or against the party whose liquidation...
![No Legal Action Including Income Tax Can Proceed by or against Party whose Liquidation Order is passed: ITAT dismisses Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Nagpur-Legal-action-proceed-against-party-Income-Tax-Appellate-Tribunal-Taxscan.jpg "No Legal Action Including Income Tax Can Proceed by or against Party whose Liquidation Order is passed: ITAT dismisses Appeals [Read Order]")
Delhi HC upholds PCIT Order overruling AO’s erroneous Land Classification in Income Tax Assessment Order [Read Order]
The Delhi High Court in a recently upheld an Order passed by the Principal Commissioner of Income Taxes, Delhi-11 ( PCIT ), ruling against the incorrect classification of an Assessee’s land by the...
![Delhi HC upholds PCIT Order overruling AO’s erroneous Land Classification in Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Income-Tax-Assessment-Order-Delhi-High-Court-Delhi-HC-on-Land-Classification-in-Tax-Assessment-Taxscan.jpg "Delhi HC upholds PCIT Order overruling AO’s erroneous Land Classification in Income Tax Assessment Order [Read Order]")
Unsecured Loans Received in Previous Years not Taxable in Next Year: ITAT deletes Addition u/s 68 [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the decision of the Commissioner of Income Tax (Appeals) [CIT(A)], who deleted the addition of Rs.3.53 crores on Assessee’s return...
![Unsecured Loans Received in Previous Years not Taxable in Next Year: ITAT deletes Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Surat-Unsecured-Loan-Taxation-in-Unsecured-Loans-Section-68-of-Income-Tax-Act-Taxscan.jpeg "Unsecured Loans Received in Previous Years not Taxable in Next Year: ITAT deletes Addition u/s 68 [Read Order]")
CBDT Launches Compliance-Awareness Campaign for AY 2024-25 to help Income Taxpayers in Reporting Foreign Assets and Income
The Central Board of Direct Taxes ( CBDT ) has introduced a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to help taxpayers accurately fill out Schedule Foreign Assets (Schedule...
ITAT dismisses Assessee's Appeal as Infructuous After Filing Fresh Application for Registration Within Extended Deadline [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal filed by the assessee, as infructuous, after the trust had filed a fresh application for registration within the...
![ITAT dismisses Assessees Appeal as Infructuous After Filing Fresh Application for Registration Within Extended Deadline [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Ahmedabad-ITAT-Dismisses-ITAT-Dismisses-Assessees-Appeal-Filing-Fresh-Application-for-Registration-TAXSCAN.jpg "ITAT dismisses Assessees Appeal as Infructuous After Filing Fresh Application for Registration Within Extended Deadline [Read Order]")
![ITAT quashes Reassessment Notice u/s 148 issued beyond the statutory time frame [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Section-148-Income-Tax-Act-Reassessment-notice-taxscan-1.jpg "ITAT quashes Reassessment Notice u/s 148 issued beyond the statutory time frame [Read Order]")
Dismissal of Appeal by CIT(A) even after submitting sufficient reasons: ITAT Condones Delay and Restores Matter to CIT(A) [Read order]
The Delhi Income Tax Appellate Tribunal ( ITAT ) Condoned the delay and restored the Matter to Commissioner of Income Tax (Appeals) [CIT(A)] as sufficient reasons were submitted by AVA Resources...
![Dismissal of Appeal by CIT(A) even after submitting sufficient reasons: ITAT Condones Delay and Restores Matter to CIT(A) [Read order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-ITAT-Condones-Delay-TAXSCAN.jpg "Dismissal of Appeal by CIT(A) even after submitting sufficient reasons: ITAT Condones Delay and Restores Matter to CIT(A) [Read order]")