![ITAT invalidates PCITs S.263 Revision Order Issued in Deceased Taxpayers Name Due to Procedural Lapses [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-ITAT-Invalidates-PCITs-Principal-Commissioner-of-Income-Tax-Income-Tax-Appellate-Tribunal-taxscan.jpg "ITAT invalidates PCITs S.263 Revision Order Issued in Deceased Taxpayers Name Due to Procedural Lapses [Read Order]")
ITAT invalidates PCIT's S.263 Revision Order Issued in Deceased Taxpayer's Name Due to Procedural Lapses [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) invalidated the Principal Commissioner of Income Tax ( PCIT )'s Section 263 revision...
![ITAT Orders Fresh Hearing by CIT(A) in Rs. 1.65 Crore Cash Deposit Case on Grounds of Non-Compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Ahmedabad-Income-Tax-Non-compliance-Cash-Deposit-case-Taxscan.jpg "ITAT Orders Fresh Hearing by CIT(A) in Rs. 1.65 Crore Cash Deposit Case on Grounds of Non-Compliance [Read Order]")
![ITAT Sets Aside Ex-Parte Order, Remands Case to CIT(A) for Fresh Hearing u/s 251 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/itat-1.jpg "ITAT Sets Aside Ex-Parte Order, Remands Case to CIT(A) for Fresh Hearing u/s 251 [Read Order]")
![Assessment Reopened w/o Mandatory Application of Mind: ITAT Quashes Income Tax Reassessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Income-Tax-Reassessment-TAXSCAN.jpg "Assessment Reopened w/o Mandatory Application of Mind: ITAT Quashes Income Tax Reassessment Order [Read Order]")
![Unexplained Cash Deposits: ITAT Directs CIT(A) to Pass Reasoned Order Based on Evidence Submitted by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Unexplained-Cash-Deposits-ITAT-Directs-Based-on-Evidence-Evidence-Submitted-by-Assessee-Cash-Deposits-taxscan.jpg "Unexplained Cash Deposits: ITAT Directs CIT(A) to Pass Reasoned Order Based on Evidence Submitted by Assessee [Read Order]")
Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, recently ruled in favor of an assessee by deleting an addition of ₹13.60 lakhs under section 68 of Income Tax Act 1961 (ITA) noting that the...
![Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Lack-of-Incriminating-Evidence-Incriminating-Evidence-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-under-section-68-of-Income-Tax-Act-Commissioner-of-Income-Tax-Civil-Contractors-Pvt-TAXSC.jpg "Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]")
Undisclosed income to be computed on basis of principle of Real Income: ITAT dismisses appeal filed by Revenue [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that undisclosed income is to be computed on the basis of the principle of real income and dismissed the appeal filed by the...
![Undisclosed income to be computed on basis of principle of Real Income: ITAT dismisses appeal filed by Revenue [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Ahmedabad-income-tax-Undisclosed-income-principle-of-real-income-Taxscan.jpg "Undisclosed income to be computed on basis of principle of Real Income: ITAT dismisses appeal filed by Revenue [Read Order]")
Circular Transactions proven by Father’s Bank Statement: ITAT upholds Peak Credit Assessment by CIT(A) [Read Order]
Recently, the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has upheld the peak credit assessed by the Commissioner of Income Tax (Appeals) [CIT(A)], owing to the circular transactions....
![Circular Transactions proven by Father’s Bank Statement: ITAT upholds Peak Credit Assessment by CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Chennai-ITAT-upholds-Peak-Credit-Assessment-Peak-Credit-Assessment-Assessment-CITA-taxscan.jpg "Circular Transactions proven by Father’s Bank Statement: ITAT upholds Peak Credit Assessment by CIT(A) [Read Order]")
Time of uploading DRP Order onto ITBA Portal is Time of Dispatch: ITAT sets aside Income Tax Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) at Delhi recently clarified that the time of uploading the Order by the Dispute Resolution Panel (DRP) onto the Income Tax Business Application ( ITBA )...
![Time of uploading DRP Order onto ITBA Portal is Time of Dispatch: ITAT sets aside Income Tax Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/TBA-Portal-Dispute-Resolution-Panel-Time-of-uploading-DRP-Order-DRP-Order-onto-ITBA-Portal-ITAT-sets-aside-Income-Tax-Income-Tax-Business-Application-ITBA-Portal-taxscan.jpg "Time of uploading DRP Order onto ITBA Portal is Time of Dispatch: ITAT sets aside Income Tax Order [Read Order]")
CIT(A) Deleted Income Tax Additions w/o Considering AO's Observations: ITAT Remands Matter Back for Reconsideration [Read Order]
In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded a case back to the Commissioner of Income Tax (Appeals) [CIT(A)] for reconsideration noting that the CIT(A)...
![CIT(A) Deleted Income Tax Additions w/o Considering AOs Observations: ITAT Remands Matter Back for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/itat.jpg "CIT(A) Deleted Income Tax Additions w/o Considering AOs Observations: ITAT Remands Matter Back for Reconsideration [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 271(1)(c) of the Income Tax Act, 1961, upon...
![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]")
CSR Contributions by Cheil India towards Clean Ganga Fund and Swacch Bharath Kosh are Sec.80G Tax Deductibles: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi recently granted relief to Cheil India by affirming that Corporate Social Responsibility (CSR) expenses incurred by them in light of contributions...
![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]")