![CIT(A) issues 5 Income Tax Notices within 40 days, Fails to Consider Facts filed in Form 35: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Income-Tax-Commissioner-of-Income-Tax-Form-35-Fresh-Adjudication-taxscan-1.jpg "CIT(A) issues 5 Income Tax Notices within 40 days, Fails to Consider Facts filed in Form 35: ITAT directs Fresh Adjudication [Read Order]")
CIT(A) issues 5 Income Tax Notices within 40 days, Fails to Consider Facts filed in Form 35: ITAT directs Fresh Adjudication [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) directed fresh adjudication after finding that the Commissioner of Income Tax (Appeals)...
![Tribunal has no Power to Recall/Review its own Orders: ITAT dismisses MA Challenging Revisionary Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Hyderabad-Income-Tax-Appellate-Tribunal-Revisionary-Order-Miscellaneous-Application-Taxscan.jpg "Tribunal has no Power to Recall/Review its own Orders: ITAT dismisses MA Challenging Revisionary Order [Read Order]")
![Additional interest u/s 244A(1A) of Income Tax Act Applies for delayed Refunds: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-interest-Additional-interest-Section-244A1A-Section-244A1A-of-the-Income-Tax-Act-Delayed-Refund-Income-Tax-Act-TAXSCAN.jpg "Additional interest u/s 244A(1A) of Income Tax Act Applies for delayed Refunds: ITAT [Read Order]")
![ITAT Rejects Assessee’s Appeal on PF and ESI Contributions due to Proper Intimation by CPC regarding delayed Payments [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-PF-and-ESI-Contributions-CPC-Central-Processing-Centre-taxscan.jpg "ITAT Rejects Assessee’s Appeal on PF and ESI Contributions due to Proper Intimation by CPC regarding delayed Payments [Read Order]")
![S. 115JB(2)(b) not Applicable to Union Bank Due to Non-Company Status under Companies Act, Despite Deeming Provision in Acquisition Act for Income Tax Purposes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Mumbai-Income-Tax-Income-Tax-Appellate-Tribunal-Union-Bank-Non-Company-Status-taxscan.jpg "S. 115JB(2)(b) not Applicable to Union Bank Due to Non-Company Status under Companies Act, Despite Deeming Provision in Acquisition Act for Income Tax Purposes: ITAT [Read Order]")
![No Re-Opening of Income Tax Assessment u/s 148 without New Materials: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Delhi-High-Court-Re-Opening-Income-Tax-Income-Tax-Assessment-Assessment-Taxscan.jpg "No Re-Opening of Income Tax Assessment u/s 148 without New Materials: Delhi HC [Read Order]")
![AO Fails assuming 8% of Unsecured Loans from Non-Members as Net Profit: ITAT deletes addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-AO-Net-Profit-Unsecured-Loans-Taxscan.jpg "AO Fails assuming 8% of Unsecured Loans from Non-Members as Net Profit: ITAT deletes addition [Read Order]")
ITAT Orders Review of S.80I Income Tax Deduction Claim by Windmill Business amidst Conflicting Precedents [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) of Ahmedabad recently remanded a case involving a Section 80IA deduction claim by a company engaged in windmill power business amidst conflicting precedents...
![ITAT Orders Review of S.80I Income Tax Deduction Claim by Windmill Business amidst Conflicting Precedents [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Deduction-Income-Tax-Deduction-Claim-Taxscan.jpg "ITAT Orders Review of S.80I Income Tax Deduction Claim by Windmill Business amidst Conflicting Precedents [Read Order]")
Relief to IDBI: ITAT Rules Bank Entitled to Full Refund Interest u/s 244A of Income Tax Act [Read Order]
In a significant relief for IDBI Bank, the Income Tax Appellate Tribunal ( ITAT ) of Mumbai ruled that the bank is entitled to the full amount of interest on its tax refund under Section 244A of the...
![Relief to IDBI: ITAT Rules Bank Entitled to Full Refund Interest u/s 244A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-ITAT-judgment-IDBI-refund-TAXSCAN.jpg "Relief to IDBI: ITAT Rules Bank Entitled to Full Refund Interest u/s 244A of Income Tax Act [Read Order]")
ITAT deletes Disallowance of Rs.26.25 Lakh u/s 36(1)(iii) based on Records of Sufficient Interest-Free Funds and Commercial Expediency [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the disallowance of Rs. 26.25 Lakh under Section 36(1)(iii) of Income Tax Act, 1961. This decision was made based on the...
![ITAT deletes Disallowance of Rs.26.25 Lakh u/s 36(1)(iii) based on Records of Sufficient Interest-Free Funds and Commercial Expediency [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-ITAT-judgment-on-commercial-expediency-Tax-disallowance-under-Section-36-TAXSCAN.webp "ITAT deletes Disallowance of Rs.26.25 Lakh u/s 36(1)(iii) based on Records of Sufficient Interest-Free Funds and Commercial Expediency [Read Order]")
Reopening of Assessment and Work-in-Progress Disallowance Unjustified Due to Change of Opinion by AO: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) found that the reopening of the assessment and the disallowance of work-in-progress were unjustified due to a change of opinion by the...
![Reopening of Assessment and Work-in-Progress Disallowance Unjustified Due to Change of Opinion by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Assessment-Work-in-Progress-ITAT-income-tax-income-tax-act-Unjustified-Due-to-Change-of-Opinion-itat-on-Assessment-and-Work-in-Progress-income-tax-news-assessing-officer-news-taxscan.jpg "Reopening of Assessment and Work-in-Progress Disallowance Unjustified Due to Change of Opinion by AO: ITAT [Read Order]")
