![ITAT sets aside Ex-Parte Order of CIT(A) for Fresh Hearing, upholds Principles of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-Appellate-Tribunal-CITA-Commissioner-of-Income-Tax-Appeals-Ex-Parte-Order-Fresh-Hearing-ITAT-news-ITAT-updates-taxscan.jpg "ITAT sets aside Ex-Parte Order of CIT(A) for Fresh Hearing, upholds Principles of Natural Justice [Read Order]")
ITAT sets aside Ex-Parte Order of CIT(A) for Fresh Hearing, upholds Principles of Natural Justice [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the principles of natural justice by setting aside the ex-parte order issued by the...
![ITAT Condones Delay Due to Rectification Efforts and CAs Death, Restores Case to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-mumbai-Condones-Delay-ITAT-Condones-Delay-CAs-Death-CITA-TAXSCAN.jpg "ITAT Condones Delay Due to Rectification Efforts and CAs Death, Restores Case to CIT(A) [Read Order]")
![ITAT Restores Appeal to CIT(A) for Fresh Consideration, Citing COVID-19 Impact on Limitation Periods [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-COVID-19-COVID-19-pandemic-COVID-19-Impact-ITAT-Restores-Appeal-Taxscan.jpg "ITAT Restores Appeal to CIT(A) for Fresh Consideration, Citing COVID-19 Impact on Limitation Periods [Read Order]")
![ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-ITAT-Dismisses-Revenue-Appeal-Revenue-appeal-dismissed-ITAT-dismisses-low-tax-appeal-Taxscan.jpg "ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]")
Non-discharge of Onus of Proof by AO: Bombay HC quashes treatment of Purchase Expenses as Bogus [Read Order]
The Bombay High Court ( Bombay HC ) recently set aside an order by the Income Tax Appellate Tribunal ( ITAT ) and Revenue Department, ruling that the purchase expenses claimed by the petitioner could...
![Non-discharge of Onus of Proof by AO: Bombay HC quashes treatment of Purchase Expenses as Bogus [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-Bombay-High-Court-Revenue-Department-TAXSCAN.jpg "Non-discharge of Onus of Proof by AO: Bombay HC quashes treatment of Purchase Expenses as Bogus [Read Order]")
Relief to Louis Berger Group: ITAT allows Bad Debts Deductions Citing Debts Written Off as per S. 36(1)(vii) [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the Louis Berger Group Bad Debts deduction claim citing debts were written off as per Section 36(1)(vii) of the Income Tax Act, 1961 ...
![Relief to Louis Berger Group: ITAT allows Bad Debts Deductions Citing Debts Written Off as per S. 36(1)(vii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Delhi-Louis-Berger-Group-Bad-Debts-Deduction-Income-Tax-Relief-to-Louis-Berger-Group-Taxscan.jpg "Relief to Louis Berger Group: ITAT allows Bad Debts Deductions Citing Debts Written Off as per S. 36(1)(vii) [Read Order]")
ITAT Upholds Deletion of Demand for Non-Deduction of Tax on Agency Fees by Bharti Airtel Ltd [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the deletion of demand for non-deduction of tax on agency fees paid by Bharti Airtel Limited. The tribunal dismissed the Revenue’s appeal...
![ITAT Upholds Deletion of Demand for Non-Deduction of Tax on Agency Fees by Bharti Airtel Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Bharti-Airtel.jpg "ITAT Upholds Deletion of Demand for Non-Deduction of Tax on Agency Fees by Bharti Airtel Ltd [Read Order]")
ITAT Quashes Tata’s Penalty Notice u/s 271(1)(c) Due to AO's Vague Justification & Non-Application of Mind [Read Order]
The New Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) quashed Tata Teleservice Penalty Notice Due to Assessing Officer ( AO )’s vague justification and Non-application of mind. Tata...
![ITAT Quashes Tata’s Penalty Notice u/s 271(1)(c) Due to AOs Vague Justification & Non-Application of Mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Penalty-Notice-TATA-Quashes-Penalty-Notice-Vague-Justification-Assessinf-Officer-Taxscan.jpg "ITAT Quashes Tata’s Penalty Notice u/s 271(1)(c) Due to AOs Vague Justification & Non-Application of Mind [Read Order]")
Relief for Genpact India: ITAT Allows 60% Depreciation Citing Printers and Routers as Part of an Integrated System with Computers [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) granted relief to Genpact India by allowing depreciation at the rate of 60% on certain computer peripherals such as printers, routers etc.,...
![Relief for Genpact India: ITAT Allows 60% Depreciation Citing Printers and Routers as Part of an Integrated System with Computers [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Delhi-Genpact-India-Depreciation-allowance-Printers-routers-depreciation-Integrated-system-depreciation-taxscan.jpg "Relief for Genpact India: ITAT Allows 60% Depreciation Citing Printers and Routers as Part of an Integrated System with Computers [Read Order]")
Revisionary Proceedings u/s 263 Income Tax Act cannot be invoked merely on Stock Valuation on Second Opinion: ITAT [Read Order]
In a recent ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that the revisionary proceedings under Section 263 Income Tax Act, 1961, cannot be invoked merely on stock...
![Revisionary Proceedings u/s 263 Income Tax Act cannot be invoked merely on Stock Valuation on Second Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Section-263-Income-Tax-Act-Stock-valuation-opinion-Stock-valuation-second-opinion-ITAT-taxscan.jpg "Revisionary Proceedings u/s 263 Income Tax Act cannot be invoked merely on Stock Valuation on Second Opinion: ITAT [Read Order]")
S. 68 of Income Tax Act not Invokable in absence of unexplained Amount in Bank Statement: Gujarat HC [Read Order]
In a recent case, the Gujarat High Court stated that there cannot be any income escapement by the assessee if there is no unexplained amount in the bank statement on record. The Court found that the...
![S. 68 of Income Tax Act not Invokable in absence of unexplained Amount in Bank Statement: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Gujarat-High-Court-Income-Tax-Act-Section-68-of-Income-Tax-Act-TAXSCAN.jpg "S. 68 of Income Tax Act not Invokable in absence of unexplained Amount in Bank Statement: Gujarat HC [Read Order]")