![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]")
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...
![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]")
![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]")
Delayed Income Tax Penalty Order u/s 271C for failure to Deduct TDS not Sustainable: Delhi HC [Read Order]
The Delhi High Court recently quashed an Income Tax Appeal filed by the Revenue, ruling that delayed order levying penalty on an Assessee under Section 271C of the Income Tax Act, 1961 for default in...
![Delayed Income Tax Penalty Order u/s 271C for failure to Deduct TDS not Sustainable: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Delhi-High-Court-Delhi-HC-Income-Tax-Penalty-Delayed-Income-Tax-Penalty-Order-Income-Tax-Tax-Deducted-at-Source-taxscan.jpg "Delayed Income Tax Penalty Order u/s 271C for failure to Deduct TDS not Sustainable: Delhi HC [Read Order]")
AO Overlaps Unexplained Income with Declared Turnover: ITAT deletes Incorrect Addition and Lowers Income Estimation Rate to 4% [Read Order]
The Visakhapatnam bench of the Income Tax Appellate Tribunal ( ITAT ) deleted an incorrect addition made by the assessing officer who mistakenly added declared turnover as unexplained income. The...
![AO Overlaps Unexplained Income with Declared Turnover: ITAT deletes Incorrect Addition and Lowers Income Estimation Rate to 4% [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Visakhapatnam-Income-Tax-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "AO Overlaps Unexplained Income with Declared Turnover: ITAT deletes Incorrect Addition and Lowers Income Estimation Rate to 4% [Read Order]")
Income Tax Demand on Denial of Benefit u/s 80P: Kerala HC sets aside Recovery on Pendency of Appeal before ITAT [Read Order]
In a significant ruling related to demand of Income Tax on denial of benefit under section 80 P of the Income Tax Act, 1961, the Kerala High Court set aside recovery on pendency of appeal before...
![Income Tax Demand on Denial of Benefit u/s 80P: Kerala HC sets aside Recovery on Pendency of Appeal before ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Income-Tax-Demand-Section-80-P-of-Income-Tax-Act-Income-Tax-Act-Kerala-High-Court-Taxscan-1.jpg "Income Tax Demand on Denial of Benefit u/s 80P: Kerala HC sets aside Recovery on Pendency of Appeal before ITAT [Read Order]")
Challenge against Attachment Order by Income Tax Dept: Kerala HC Permits to Withdraw 20 % of Pending Demand [Read Order]
The Kerala High Court in its recent judgement related to income tax department’s attachment order, permitted to withdraw 20% of the pending demand. It was held that it will always be open to the...
![Challenge against Attachment Order by Income Tax Dept: Kerala HC Permits to Withdraw 20 % of Pending Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Challenge-Attachment-Income-Tax-Dept-Kerala-HC-Withdraw-20-Pending-Demand-taxscan.jpg "Challenge against Attachment Order by Income Tax Dept: Kerala HC Permits to Withdraw 20 % of Pending Demand [Read Order]")
₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently set aside the addition of Rs.46,58,891/- made to an Income Tax Assessment passed under Sections 144 and 147 of the Income Tax...
![₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Delhi-Income-Tax-Addition-Income-Tax-Assessment-ex-parte-TAXSCAN.jpg "₹46 Lakh Ex-Parte Income Tax Addition after Assessment u/s 144 & 147 w/o Opportunity to adduce Evidence: ITAT Remits matter [Read Order]")