![Income Tax SCNs Missed After Accounts Executive Resigned, but Records Show updated Email Actively Used: Madras HC quashes with Cost of 50k to cancer institute [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/500x300_2105865-scn-taxsacn.webp "Income Tax SCNs Missed After Accounts Executive Resigned, but Records Show updated Email Actively Used: Madras HC quashes with Cost of 50k to cancer institute [Read Order]")
Income Tax SCNs Missed After Accounts Executive Resigned, but Records Show updated Email Actively Used: Madras HC quashes with Cost of 50k to cancer institute [Read Order]
The Madras High Court set aside an ex-parte assessment order but imposed a cost of ₹50,000 on the petitioner, directing the payment to the Adyar...
![Wrong Tax Advice Not a ‘Sufficient Cause’ for 1,370-Day Delay: ITAT Says Assessee Cannot Shift Entire Blame to Consultant [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105140-income-tax-taxscan.webp "Wrong Tax Advice Not a ‘Sufficient Cause’ for 1,370-Day Delay: ITAT Says Assessee Cannot Shift Entire Blame to Consultant [Read Order]")
![Extraordinary Delay of 2590 Days without Sufficient Cause Cannot Be Condoned: ITAT Dismisses Appeal Filed by Private Company [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104838-private-company-site-image.webp "Extraordinary Delay of 2590 Days without Sufficient Cause Cannot Be Condoned: ITAT Dismisses Appeal Filed by Private Company [Read Order]")
![Reassessment in Wrong Year and Notice Beyond Limitation: ITAT Quashes ₹2.13 Cr Additions u/s 50C [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104877-reassessment-itat-taxscan.webp "Reassessment in Wrong Year and Notice Beyond Limitation: ITAT Quashes ₹2.13 Cr Additions u/s 50C [Read Order]")
![Petrol Pump Operator’s Cash Deposits Fully Explained in Books: ITAT Deletes ₹14.10 Lakh Unexplained Income Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/250x150_2105562-petrol-pump-operators-cash-deposits-explained-books-itat-unexplained-income-addition-txn.webp "Petrol Pump Operator’s Cash Deposits Fully Explained in Books: ITAT Deletes ₹14.10 Lakh Unexplained Income Addition [Read Order]")
Promotional Expenses for Dealer Scheme Recognised as Liquor Business Expenditure: ITAT Deletes ₹16.22 Lakh Addition [Read Order]
The Nagpur bench of Income Tax Appellate Tribunal (ITAT) has allowed the appeal of the assessee for A.Y. 2014–15, holding that ₹16.22 lakh claimed as promotional expenses under a dealer scheme were...
![Promotional Expenses for Dealer Scheme Recognised as Liquor Business Expenditure: ITAT Deletes ₹16.22 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104839-promotional-expenses-dealer-scheme-liquor-business-expenditure-itat-taxscan.webp "Promotional Expenses for Dealer Scheme Recognised as Liquor Business Expenditure: ITAT Deletes ₹16.22 Lakh Addition [Read Order]")
Additions on Cash Deposits and Property Purchase Made Without Proper Appraisal of Evidence: ITAT Orders Fresh Verification [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions made under Sections 69A, 69C, and 56(2)(x) of the Income Tax Act against an individual taxpayer, holding that the...
![Additions on Cash Deposits and Property Purchase Made Without Proper Appraisal of Evidence: ITAT Orders Fresh Verification [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104797-whatsapp-image-2025-11-13-at-103613-am.webp "Additions on Cash Deposits and Property Purchase Made Without Proper Appraisal of Evidence: ITAT Orders Fresh Verification [Read Order]")
Lack of confrontation and Denial of Cross-Examination on Third-Party Documents Invalidates Sales Addition: ITAT [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted the additions of estimated Gross Profit (GP) made on unaccounted sales for Assessment Years (A.Y.) 2018-19 and 2020-21 observing ...
![Lack of confrontation and Denial of Cross-Examination on Third-Party Documents Invalidates Sales Addition: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105383-cross-examination-taxscan.webp "Lack of confrontation and Denial of Cross-Examination on Third-Party Documents Invalidates Sales Addition: ITAT [Read Order]")
![Unabated Assessment and Lack of Incriminating Material in Search: ITAT Deletes Benami Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105379-incriminating-material-taxscan.webp "Unabated Assessment and Lack of Incriminating Material in Search: ITAT Deletes Benami Addition [Read Order]")
AO Failed to Disprove Expenses Vouched by Cheque on Painting & Marble Work: ITAT Deletes unaccounted expenditure addition [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted the additions made on account of unexplained expenditure related to the construction of his residential house for Assessment ...
![AO Failed to Disprove Expenses Vouched by Cheque on Painting & Marble Work: ITAT Deletes unaccounted expenditure addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105372-unaccounted-expenditure-taxscan.webp "AO Failed to Disprove Expenses Vouched by Cheque on Painting & Marble Work: ITAT Deletes unaccounted expenditure addition [Read Order]")
AO's Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of ₹20,34,000 made on account of undisclosed interest income for the Assessment Year (A.Y.) 2020-21 by observing ...
![AOs Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105366-income-tax-addition-taxscan.webp "AOs Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]")
Lower Margin on High-Value Items Traded Out of Books: ITAT Reduces 10% to 6% GP Rate on Unaccounted Sales [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) allowed partial relief by substantially reducing the estimated Gross Profit (GP) rate applied to sales transactions kept outside the...
![Lower Margin on High-Value Items Traded Out of Books: ITAT Reduces 10% to 6% GP Rate on Unaccounted Sales [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105360-gross-profit-rate-taxscan.webp "Lower Margin on High-Value Items Traded Out of Books: ITAT Reduces 10% to 6% GP Rate on Unaccounted Sales [Read Order]")