![₹12.71L Unexplained Investment and ₹3.63L Expense Disallowance: ITAT Remands to AO for Fresh Adjudication after Considering Newly Filed Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095193-unexplained-investment-taxscan.webp "₹12.71L Unexplained Investment and ₹3.63L Expense Disallowance: ITAT Remands to AO for Fresh Adjudication after Considering Newly Filed Evidence [Read Order]")
₹12.71L Unexplained Investment and ₹3.63L Expense Disallowance: ITAT Remands to AO for Fresh Adjudication after Considering Newly Filed Evidence [Read Order]
The Nagpur bench of Income Tax Appellate Tribunal restored the matter relating to ₹12.71L unexplained investment and ₹3.63L expense disallowance after...
![Belated ITR Not a Bar: ITAT allows 80P Deduction Claim, Remands Matter to AO for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095204-belated-itr-not-a-bar-itr-itat-deduction-claim-taxscan.webp "Belated ITR Not a Bar: ITAT allows 80P Deduction Claim, Remands Matter to AO for Fresh Adjudication [Read Order]")
![₹1.92 Cr Short-Term Deposit Interest: ITAT Remands to AO to Verify Capital vs. Revenue Treatment [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095185-cash-deposit-taxscan.webp "₹1.92 Cr Short-Term Deposit Interest: ITAT Remands to AO to Verify Capital vs. Revenue Treatment [Read Order]")
![Karnataka HC Upholds ITAT Order, ₹6.61 Crore Cash Sales on Demonetisation Day Accepted as Genuine u/s 68 with Supporting Invoices and Stock Records [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095189-karnataka-hc-upholds-itat-demonetisation-day-taxscan.webp "Karnataka HC Upholds ITAT Order, ₹6.61 Crore Cash Sales on Demonetisation Day Accepted as Genuine u/s 68 with Supporting Invoices and Stock Records [Read Order]")
![Rural Infrastructure Tax & Dead Rent Disallowance u/s 43B: ITAT Remands to AO for Fresh Verification of Legitimacy and Correctness [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095188-itat-jabalpur-disallowance-rural-infrastructure-tax-taxscan.webp "Rural Infrastructure Tax & Dead Rent Disallowance u/s 43B: ITAT Remands to AO for Fresh Verification of Legitimacy and Correctness [Read Order]")
ITAT Allows Gifts from Sisters, Rules Tax Dept Can't Reject Them Merely for 'Lack of Scrutiny' on Donors [Read Order]
The Agra Bench of the Income Tax Appellate Tribunal (ITAT) set aside additions made on account of gifts received by an assessee from his sisters, holding that the tax department cannot reject such...
![ITAT Allows Gifts from Sisters, Rules Tax Dept Cant Reject Them Merely for Lack of Scrutiny on Donors [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095171-scrutny.webp "ITAT Allows Gifts from Sisters, Rules Tax Dept Cant Reject Them Merely for Lack of Scrutiny on Donors [Read Order]")
Fertilizer Dealer's 'October Spike' in Sales Saves the Day as ITAT Deletes Rs. 2.45 Cr Demonetization Addition [Read Order]
The Agra Bench of the Income Tax Appellate Tribunal (ITAT) dismissed a revenue appeal and upheld the deletion of an addition of Rs. 2.45 crore made on account of cash deposits during the...
![Fertilizer Dealers October Spike in Sales Saves the Day as ITAT Deletes Rs. 2.45 Cr Demonetization Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095165-fertilizer-dealers-taxscan.webp "Fertilizer Dealers October Spike in Sales Saves the Day as ITAT Deletes Rs. 2.45 Cr Demonetization Addition [Read Order]")
Disallowance of Vehicle Running and Club Expenses under Income Tax Act: ITAT upholds Assessee’s Claims as Allowable Expenditure [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bench at Delhi, allowed the claims of assessee with respect to vehicle running and club expenses, as opposed to the order of CIT (A). The appellant...
![Disallowance of Vehicle Running and Club Expenses under Income Tax Act: ITAT upholds Assessee’s Claims as Allowable Expenditure [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095158-vehicle-running-club-income-tax-act-itat-upholds-taxscan.webp "Disallowance of Vehicle Running and Club Expenses under Income Tax Act: ITAT upholds Assessee’s Claims as Allowable Expenditure [Read Order]")
Banking Channel Records and Interest Paid Proves Loan Transaction: ITAT deletes ₹80.94 Lakh Unexplained Money Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) ruled that clear evidence of a genuine loan transaction, conducted through banking channels and including the payment of interest...
![Banking Channel Records and Interest Paid Proves Loan Transaction: ITAT deletes ₹80.94 Lakh Unexplained Money Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/2094939-itat-ahmedabad-unexplained-money-addition-banking-channel-records-taxscan.webp "Banking Channel Records and Interest Paid Proves Loan Transaction: ITAT deletes ₹80.94 Lakh Unexplained Money Addition [Read Order]")
ITAT Allows Application of S.115BAB Tax Rate, Citing Prior Order Recognizing Assessee as Manufacturer [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the application of the section 115BAB of Income Tax Act,1961, tax rate for the assessee citing a prior assessment order that...
![ITAT Allows Application of S.115BAB Tax Rate, Citing Prior Order Recognizing Assessee as Manufacturer [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/2094921-itat-application-s115bab-tax-rate-taxscan.webp "ITAT Allows Application of S.115BAB Tax Rate, Citing Prior Order Recognizing Assessee as Manufacturer [Read Order]")
Finance Act 2018’s Section 80AC Timely-Filing Requirement Applies Only from AY 2018-19: ITAT allows S.80P Deduction Despite Late ITR [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) held that the deduction under section 80P can be allowed as the amendment to section 80AC came in the year 2018, and it cannot be applied...
![Finance Act 2018’s Section 80AC Timely-Filing Requirement Applies Only from AY 2018-19: ITAT allows S.80P Deduction Despite Late ITR [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/2094679-finance-act-2018-from-ay-2018-19-itat-itr-taxscan.webp "Finance Act 2018’s Section 80AC Timely-Filing Requirement Applies Only from AY 2018-19: ITAT allows S.80P Deduction Despite Late ITR [Read Order]")
Scrap Dealer Wins Rs. 6.77 Cr Tax Battle as ITAT Accepts Bank Reconciliation, Rejects Dept's 'Mechanical' Approach [Read Order]
The Agra Bench of the Income Tax Appellate Tribunal (ITAT) dismissed a revenue appeal and upheld the deletion of an addition of Rs. 6.77 crore made under section 68 of the Income Tax Act against a...
![Scrap Dealer Wins Rs. 6.77 Cr Tax Battle as ITAT Accepts Bank Reconciliation, Rejects Depts Mechanical Approach [Read Order]](https://images.taxscan.in/h-upload/2025/10/09/2095149-scrap-dealers-taxscan.webp "Scrap Dealer Wins Rs. 6.77 Cr Tax Battle as ITAT Accepts Bank Reconciliation, Rejects Depts Mechanical Approach [Read Order]")