![ITAT upholds CIT(A) Decision, Dismissing Additions for AY 2015-16 Due to Lack of Evidentiary Value in Excel Sheet [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Additions-Excel-Sheet-taxscan.jpg "ITAT upholds CIT(A) Decision, Dismissing Additions for AY 2015-16 Due to Lack of Evidentiary Value in Excel Sheet [Read Order]")
ITAT upholds CIT(A) Decision, Dismissing Additions for AY 2015-16 Due to Lack of Evidentiary Value in Excel Sheet [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal(ITAT) upheld the decision of the Commissioner of Income Tax...
![AO Wrongly allowed Posco Indias set-off of Brought-Forward Loss of ₹1.4 cr: ITAT directs Disallowance, Citing Adjustments made in Previous Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cuttack-Posco-India-Brought-Forward-Loss-Posco-India-set-off-disallowed-by-ITAT-taxscan.jpg "AO Wrongly allowed Posco Indias set-off of Brought-Forward Loss of ₹1.4 cr: ITAT directs Disallowance, Citing Adjustments made in Previous Years [Read Order]")
![NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NFAC-Appeal-ITAT-taxscan.jpg "NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]")
![Circular Transactions within Group Entities not Considered Income for Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Circular-Transactions-Group-Entities-Income-for-Assessee-ITAT-taxscan.png "Circular Transactions within Group Entities not Considered Income for Assessee: ITAT [Read Order]")
ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) remanded unexplained investment under Section 69A of the Income Tax Act, 1961 matter due to notices issued during COVID period which led to the...
![ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Unexplained-Investment-Income-Tax-Notices-COVID-Period-taxscan.jpg "ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]")
Ex-Parte Dismissal citing Absenteeism by NFAC: ITAT Reverts Income Tax matter for Meritorious Adjudication [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam recently reverted an Order passed by the Commissioner of Income Taxes (Appeal) - National Faceless Appeals Centre ( CIT(A)-NFAC ) citing the...
![Ex-Parte Dismissal citing Absenteeism by NFAC: ITAT Reverts Income Tax matter for Meritorious Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-NFAC-Income-Tax-Ex-Parte-Dismissal-ITAT-Reverts-Income-Tax-matter-Meritorious-Adjudication-taxscan.jpg "Ex-Parte Dismissal citing Absenteeism by NFAC: ITAT Reverts Income Tax matter for Meritorious Adjudication [Read Order]")
Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam recently directed an Assessing Officer ( AO ) to forgo the amount generated by Kaccha Arahtias from sales conducted for their Principal as...
![Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Visakapatanam-Kaccha-Arahtia-Sales-of-Kaccha-Arahtia-TDS-Tax-Deducted-at-Source-Income-Tax-Section-44AB-of-Income-Tax-Act-taxscan.jpg "Sales of ‘Kaccha Arahtia’ for Principal excluded from Turnover u/s 44AB: ITAT directs to Credit Entire TDS [Read Order]")
Assessee Not Required To Produce Documents When AO Accepted Co-Owner’s Indexed Renovation Expenses in Income Tax Assessment order: Gujarat HC [Read Order]
The Gujarat High Court in a recent case has held that the assessee is not required to produce documents when the Assessing officer ( AO ) accepted co-owner’s indexed renovation expenses in income tax...
![Assessee Not Required To Produce Documents When AO Accepted Co-Owner’s Indexed Renovation Expenses in Income Tax Assessment order: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Gujarat-High-Court-Income-Tax-Assessment-order-Indexed-Renovation-Expenses-taxscan.jpg "Assessee Not Required To Produce Documents When AO Accepted Co-Owner’s Indexed Renovation Expenses in Income Tax Assessment order: Gujarat HC [Read Order]")
Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]
The Surat bench of Income Tax Appellate Tribunal ( ITAT ) has directed to pass fresh income tax assessment order as the CIT(A) and AO passed ex-parte order. No physical notice for hearing or order...
![Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Service-of-Notice-E-mail-despite-email-notice-improper-ITAT-remands-matter-for-improper-notice-taxscan.jpg "Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]")
Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter alleged cash deposit during the demonetization period back to the assessing officer ( AO ) to verify the agriculturalist...
![Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Pre-Demonetization-Cash-Deposit-Ex-Parte-Assessment-ITAT-remands-ex-parte-assessment-taxscan.jpg "Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]")
AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) deleted Rs. 15 Lakh addition alleged accommodation entries in the form of loans based on third-party information citing that the transaction...
![AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surath-Fake-Loan-ITAT-Deletes-Addition-Genuine-Transaction-ITAT-deletes-15-lakh-addition-taxscan.jpg "AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]")