![ITAT Remands Case to CIT(A) for Fresh Adjudication on Rs. 8.82 Lakh FD Investment due to Failure to consider Evidence of Source from FD/OD Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-FD-Investment-FD-investment-case-ITAT-Taxscan.jpg "ITAT Remands Case to CIT(A) for Fresh Adjudication on Rs. 8.82 Lakh FD Investment due to Failure to consider Evidence of Source from FD/OD Account [Read Order]")
ITAT Remands Case to CIT(A) for Fresh Adjudication on Rs. 8.82 Lakh FD Investment due to Failure to consider Evidence of Source from FD/OD Account [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case to the Commissioner of Income Tax (Appeals)[CIT(A)] for fresh...
![Actual Turnover of Kaccha Aarahtias is Commission Charged, Does not include Sales affected on Behalf of Principals: ITAT grants Full TDS Grant to Agent [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/commission-agents-tax-CBDT-circular-Kaccha-Aarahtias-TDS-credit-commission-agents-taxscan.jpg "Actual Turnover of Kaccha Aarahtias is Commission Charged, Does not include Sales affected on Behalf of Principals: ITAT grants Full TDS Grant to Agent [Read Order]")
![Plea of Technical Glitch Rejected for Delayed EPF, ESI Payments: ITAT upholds Disallowance of 1.75L [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/delayed-EPF-and-ESI-payment-Cases-Delayed-PF-payments-penalty-EPF-and-ESI-compliance-taxscan.jpg "Plea of Technical Glitch Rejected for Delayed EPF, ESI Payments: ITAT upholds Disallowance of 1.75L [Read Order]")
![Kerala HC restores ‪Order u/s 119(2)(b) of Income Tax Act to decide on Matter of Condonation of Delay in Filing Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Kerala-High-Court-Income-Tax-Section-1192b-of-Income-Tax-Act-Income-Tax-Act-Section-1192b-of-ITA-Taxscan.jpg "Kerala HC restores ‪Order u/s 119(2)(b) of Income Tax Act to decide on Matter of Condonation of Delay in Filing Appeal [Read Order]")
![1 Day Delay is not a Delay in filing Income Tax Appeal Belatedly: ITAT restores Gratuity Addition Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/1-Day-Delay-Delay-in-filing-Income-Tax-Appeal-ITAT-Gratuity-Addition-Matter-CITA-taxscan.jpg "1 Day Delay is not a Delay in filing Income Tax Appeal Belatedly: ITAT restores Gratuity Addition Matter to CIT(A) [Read Order]")
![ITAT quashes S.263 Revision Order and Annuls CIT(A) Order due to Invalid Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Revision-Order-Annuls-CITA-Order-Invalid-Assessment-taxscan.jpg "ITAT quashes S.263 Revision Order and Annuls CIT(A) Order due to Invalid Assessment [Read Order]")
Failure of Lower Authorities to Consider Assessee's Evidence on Bank Deposits: ITAT Remands Case to CIT(A) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case to the Commissioner of Income Tax(Appeals) [CIT(A)] for fresh adjudication after finding that the lower authorities...
![Failure of Lower Authorities to Consider Assessees Evidence on Bank Deposits: ITAT Remands Case to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Ahmedabad-ITAT-Remands-Case-ITAT-Remands-Case-to-CITA-CITA-Bank-Deposits-Assessees-Evidence-taxscan.jpg "Failure of Lower Authorities to Consider Assessees Evidence on Bank Deposits: ITAT Remands Case to CIT(A) [Read Order]")
![Late Filing of Form 67 Cannot Override Rights under DTAA: ITAT Allows FTC Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Kolkata-FTC-Claim-under-ITAT-TAXSCAN.jpg "Late Filing of Form 67 Cannot Override Rights under DTAA: ITAT Allows FTC Claim [Read Order]")
Loan Interest Deduction u/s 48 of Income Tax Valid Despite Prior Claim u/s 24(b), Amendment to S. 48 Effective from AY 2024-25: ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) confirmed that taxpayers can claim loan interest deductions under Section 48 of the Income Tax Act even if they have already claimed...
![Loan Interest Deduction u/s 48 of Income Tax Valid Despite Prior Claim u/s 24(b), Amendment to S. 48 Effective from AY 2024-25: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-ITAT-Kolkata-Income-Tax-Appellate-Tribunal-Income-Tax-Deduction-TAXSCAN.jpg "Loan Interest Deduction u/s 48 of Income Tax Valid Despite Prior Claim u/s 24(b), Amendment to S. 48 Effective from AY 2024-25: ITAT [Read Order]")
Non-Compliance with AO Notices Despite Being Indian Oil Corporation Employee Aware of Tax Obligations: ITAT Upholds Penalty [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the penalty for non-compliance with assessing officer notices stating that the assessee being an Indian Oil Corporation employee...
![Non-Compliance with AO Notices Despite Being Indian Oil Corporation Employee Aware of Tax Obligations: ITAT Upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Kolkata-Non-Compliance-with-AO-Notices-Indian-Oil-Corporation-Tax-Obligations-ITAT-Upholds-Penalty-TAXSCAN.jpg "Non-Compliance with AO Notices Despite Being Indian Oil Corporation Employee Aware of Tax Obligations: ITAT Upholds Penalty [Read Order]")
No Incriminating Evidence found for Rs. 14.3 Cr Addition: ITAT dismisses Revenue's Appeal [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal filed by the revenue as the bench was of the opinion that the addition of Rs. 14.3 crores made...
![No Incriminating Evidence found for Rs. 14.3 Cr Addition: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/TAT-Income-Tax-Appellate-Tribunal-ITAT-Delhi-No-Incriminating-Evidence-ITAT-dismisses-Revenues-Appeal-taxscan.jpg "No Incriminating Evidence found for Rs. 14.3 Cr Addition: ITAT dismisses Revenues Appeal [Read Order]")