![Prior Period Expenses Integrable to Current Income Tax Assessment if Unclaimed: ITAT Remands HUDCO Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-HUDCO-Housing-and-Urban-Development-Corporation-Income-Tax-Appellate-Tribunal-Prior-Period-Expenses-Integrable-taxscan.jpg "Prior Period Expenses Integrable to Current Income Tax Assessment if Unclaimed: ITAT Remands HUDCO Matter [Read Order]")
Prior Period Expenses Integrable to Current Income Tax Assessment if Unclaimed: ITAT Remands HUDCO Matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently remanded an Income Tax Appeal filed by Housing and Urban Development...
![ITAT upholds CIT(A) decision, Rejects Revenues Claim of Rs.8.77 Crore Income Understatement, Confirms Booking Advances, Not Consultancy Fees [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-TAXSCAN.jpg "ITAT upholds CIT(A) decision, Rejects Revenues Claim of Rs.8.77 Crore Income Understatement, Confirms Booking Advances, Not Consultancy Fees [Read Order]")
![ITAT dismisses Revenue Appeal on Ground of CBDT Circular on Low Tax Effect [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-low-tax-effect-TAXSCAN.jpg "ITAT dismisses Revenue Appeal on Ground of CBDT Circular on Low Tax Effect [Read Order]")
![10% Estimated Depreciation Claim on Property Registration Charges & Stamp Duty: ITAT remands for de novo Income Tax Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Income-Tax-Income-Tax-Assessment-De-novo-Assessment-ITAT-ITAT-Delhi-Income-Tax-Income-Tax-Assessment-De-novo-Assessment-Taxscan.jpg "10% Estimated Depreciation Claim on Property Registration Charges & Stamp Duty: ITAT remands for de novo Income Tax Assessment [Read Order]")
![ITAT Remands Case to AO for Fresh Adjudication, allowing Assessee to Present Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Income-Tax-ITAT-Remands-Case-for-Fresh-Adjudication-Taxscan.jpg "ITAT Remands Case to AO for Fresh Adjudication, allowing Assessee to Present Additional Evidence [Read Order]")
ITAT deletes Disallowance of Trading Loss on Alleged Penny Stock Shares Due to Insufficient Evidence of Price Manipulation [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) deleted the disallowance of trading losses claimed by the assessee on alleged penny stock shares, citing insufficient evidence of price...
![ITAT deletes Disallowance of Trading Loss on Alleged Penny Stock Shares Due to Insufficient Evidence of Price Manipulation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Disallowance-Trading-Loss-Penny-Stock-Shares-Insufficient-Evidence-Price-Manipulation-taxscan.jpg "ITAT deletes Disallowance of Trading Loss on Alleged Penny Stock Shares Due to Insufficient Evidence of Price Manipulation [Read Order]")
Compliance with S. 249(4)(b) of Income Tax is Mandatory: ITAT Rules Non-Payment of Advance Tax Bars Taxpayer's Right to Appeal [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) ruled that compliance with Section 249(4)(b) of the Income Tax Act is mandatory and failure to pay advance tax/self-assessment tax bars...
![Compliance with S. 249(4)(b) of Income Tax is Mandatory: ITAT Rules Non-Payment of Advance Tax Bars Taxpayers Right to Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-Rules-Advance-Tax-Bars-Taxpayer-Right-to-Appeal.jpg "Compliance with S. 249(4)(b) of Income Tax is Mandatory: ITAT Rules Non-Payment of Advance Tax Bars Taxpayers Right to Appeal [Read Order]")
ITAT dismisses Appeal under Income Tax Act on Failure to Cure certain Defects Pointed by Authority: Kerala HC sets aside Order [Read Order]
The Kerala High Court set aside the Income Tax Appellate Tribunal ( ITAT ) order dismissing appeal under Income Tax Act, 1961 on failure to cure certain defects pointed by authority. It was held that...
![ITAT dismisses Appeal under Income Tax Act on Failure to Cure certain Defects Pointed by Authority: Kerala HC sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Kerala-High-Court-ITAT-Income-Tax-Act-Income-Tax-Income-Tax-Act-Appeal-Dismissal-Taxscan.jpeg "ITAT dismisses Appeal under Income Tax Act on Failure to Cure certain Defects Pointed by Authority: Kerala HC sets aside Order [Read Order]")
![Invalid Assessment Order automatically Invalidates Revisional Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Invalid-Assessment-Order-Invalidates-Revisional-Order-ITAT-taxscan.jpg "Invalid Assessment Order automatically Invalidates Revisional Order: ITAT [Read Order]")
![ITAT deletes Incorrect Interest Charges due to Erroneous Due Date for Filing Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-ITAT-Deletes-Incorrect-Interest-Charges-ITAT-Deletes-ITAT-Delhi-Due-Date-for-Filing-Return-file-in-return-taxscan.jpg "ITAT deletes Incorrect Interest Charges due to Erroneous Due Date for Filing Return [Read Order]")
ITAT Rejects Revenue's Rs. 39.52 Lakh Overstatement of purchase claim, upholds CIT(A) Ruling due to GST Period Difference [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal( ITAT ) rejected the Revenue’s claim of Rs. 39.52 lakh overstatement of purchases, upholding the Commissioner of Income Tax(Appeals)[CIT(A)]...
![ITAT Rejects Revenues Rs. 39.52 Lakh Overstatement of purchase claim, upholds CIT(A) Ruling due to GST Period Difference [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Ahmedabad-Overstatement-of-Purchase-Claim-GST-Period-Difference-CITA-Ruling-ITAT-GST-Income-Tax-Appellate-Tribunal-Goods-and-Service-Tax-Commissioner-of-Income-Tax-CITA-taxscan.jpg "ITAT Rejects Revenues Rs. 39.52 Lakh Overstatement of purchase claim, upholds CIT(A) Ruling due to GST Period Difference [Read Order]")