![ITAT Restores Assessee’s Appeal After NFAC Dismisses it for Non-Compliance: Grants One Last Opportunity with Cost [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071432-itat-restores-assessees-appeal-nfac-dismisses-non-compliance-taxscan.webp "ITAT Restores Assessee’s Appeal After NFAC Dismisses it for Non-Compliance: Grants One Last Opportunity with Cost [Read Order]")
ITAT Restores Assessee’s Appeal After NFAC Dismisses it for Non-Compliance: Grants One Last Opportunity with Cost [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) restored the appeal of an assessee, Subramaniyam Kulandhaivel, which had been dismissed...
![Only Investments Yielding Exempt Income Can Be Considered Under Section 14A: ITAT Dismisses Revenue’s Appeal Against Assessee [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071413-investments-yielding-exempt-income-considered-under-section-14a-itat-dismisses-revenues-appeal-against-assessee-taxscan.webp "Only Investments Yielding Exempt Income Can Be Considered Under Section 14A: ITAT Dismisses Revenue’s Appeal Against Assessee [Read Order]")
![Evidence For Normal Business Activity: ITAT Upholds Surrendered ₹1.60 Cr as Business Income, Rejects S. 115BBE Application [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071416-business-income-taxscan.webp "Evidence For Normal Business Activity: ITAT Upholds Surrendered ₹1.60 Cr as Business Income, Rejects S. 115BBE Application [Read Order]")
![S.12A Registration Mandatory For Claiming S. 11 Exemption: ITAT Upholds ₹5.80 Crore Addition to Town Planning Authority [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071429-itat-upholds-s12a-registration-mandatory-town-planning-authority-taxscan.webp "S.12A Registration Mandatory For Claiming S. 11 Exemption: ITAT Upholds ₹5.80 Crore Addition to Town Planning Authority [Read Order]")
![S. 80G Application Rejected without Independent Scrutiny: ITAT Sets aside CIT(E) Orders [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071355-80g-application-rejected-independent-scrutiny-itat-cite-orders-taxscan.webp "S. 80G Application Rejected without Independent Scrutiny: ITAT Sets aside CIT(E) Orders [Read Order]")
Additional Evidence Filed for Supporting Genuineness of Business Advance: ITAT Remands ₹30 Cr Unexplained Credit Matter [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the admission of additional evidence under Rule 29 of the ITAT Rules, 1963, to substantiate the genuineness of a business advance...
![Additional Evidence Filed for Supporting Genuineness of Business Advance: ITAT Remands ₹30 Cr Unexplained Credit Matter [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071408-additional-evidence-filed-supporting-genuineness-business-advance-itat-remands-30-cr-unexplained-credit-taxscan.webp "Additional Evidence Filed for Supporting Genuineness of Business Advance: ITAT Remands ₹30 Cr Unexplained Credit Matter [Read Order]")
Allahabad HC Dismisses Petition Challenging Best Assessment by Income Tax in absence contrary proof [Read Order]
The Allahabad High Court has held that when a best assessment is done, it is for the assessee to bring on record the facts that may reveal that the findings are perverse in nature. An appeal...
![Allahabad HC Dismisses Petition Challenging Best Assessment by Income Tax in absence contrary proof [Read Order]](https://images.taxscan.in/h-upload/2025/08/03/500x300_2072653-allahabad-hc-petition-assessment-income-tax-contrary-proof-taxscan.webp "Allahabad HC Dismisses Petition Challenging Best Assessment by Income Tax in absence contrary proof [Read Order]")
Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal ( ITAT ) remitted the matter to the Commissioner of Income Tax (Appeals) [ CIT(A) ] ruling that notices were sent to an incorrect email ID...
![Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071593-email-notice-email-notice-sent-to-id-not-cited-in-form-35-email-notice-sent-to-id-taxscan.webp "Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]")
CBDT Notifies Income Tax Exemption for AICTE, HPCB, and WB Municipal Debt Fund Trust u/s 10(46) [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has notified income tax exemptions for the All India Council for Technical Education ([Notification No. 128 /2025), the Haryana State Pollution Control...
![CBDT Notifies Income Tax Exemption for AICTE, HPCB, and WB Municipal Debt Fund Trust u/s 10(46) [Read Notification]](https://images.taxscan.in/h-upload/2025/08/03/500x300_2072600-cbdt-income-tax-exemption-aicte-hpcb-wb-debt-fund-trust-taxscan.webp "CBDT Notifies Income Tax Exemption for AICTE, HPCB, and WB Municipal Debt Fund Trust u/s 10(46) [Read Notification]")
Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter to the Assessing Officer (AO) after noting that cash deposits of ₹18.32 lakh were treated as unexplained under ...
![Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071595-cash-deposits-cash-deposits-treated-cash-deposits-treated-as-unexplained-taxsacn.webp "Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]")
Assessee Wins Appeal as ITAT Slams CIT(A) for Skipping Key Legal Challenge on Search-Based Notice [Read Order]
The Pune Bench Income Tax Appellate Tribunal (ITAT) has set aside an income addition of Rs.72.18 lakh against a Jalgaon resident, ruling that the CIT(A) committed a "serious jurisdictional error" by...
![Assessee Wins Appeal as ITAT Slams CIT(A) for Skipping Key Legal Challenge on Search-Based Notice [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071277-assessee-wins-appeal-itat-slams-cita-skipping-key-legal-challenge-search-based-notice-taxscan.webp "Assessee Wins Appeal as ITAT Slams CIT(A) for Skipping Key Legal Challenge on Search-Based Notice [Read Order]")
Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has quashed a Rs. 12.56 lakh tax addition against a share trader, holding that frequent client code modifications (CCMs) alone cannot...
![Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071281-stock-trader.webp "Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]")