![Application seeking Approval under section 80G(5)(i) Rejected on technical ground without providing Time for Rectification: ITAT allows Rectification [Read Order]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043566-itat-teachnical-taxscan.webp "Application seeking Approval under section 80G(5)(i) Rejected on technical ground without providing Time for Rectification: ITAT allows Rectification [Read Order]")
Application seeking Approval under section 80G(5)(i) Rejected on technical ground without providing Time for Rectification: ITAT allows Rectification [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) allowed the rectification of error on the application seeking approval under section 80...
![ITAT Dismisses GE Steam Power System’s Appeal on opting for dispute Settlement under VSVS [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/250x150_2041471-ge-steam-power-system.webp "ITAT Dismisses GE Steam Power System’s Appeal on opting for dispute Settlement under VSVS [Read Order]")
![Rejection of Trust Registration Due to Non-Submission of Required Documents: ITAT Restores Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/itat-itat-mumbai-Trust-Registration-Taxscan.jpg "Rejection of Trust Registration Due to Non-Submission of Required Documents: ITAT Restores Matter to CIT(E) [Read Order]")
![Motor Controllers Classifiable as Parts of Electric Motors For Import Valuation: CESTAT Upholds Customs Commissioner’s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-CESTAT-Kolkata-Parts-of-Electric-Motors-Motor-Controllers-Taxscan.jpg "Motor Controllers Classifiable as Parts of Electric Motors For Import Valuation: CESTAT Upholds Customs Commissioner’s Order [Read Order]")
![Punjab & Haryana HC directs to Waive Interest in Situations beyond Assessees Control in Timely Filing of Income Tax Returns [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Punjab-and-Haryana-High-Court-Income-Tax-Returns-Assessees-Taxscan.jpg "Punjab & Haryana HC directs to Waive Interest in Situations beyond Assessees Control in Timely Filing of Income Tax Returns [Read Order]")
Cash Deposit Made in Bank Account Stands Thoroughly and Properly Explained: ITAT Deletes Addition of Rs. 7.43 Crore [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) ruled that the cash deposit made in the bank account was thoroughly and properly explained, resulting in the deletion of an addition of Rs....
![Cash Deposit Made in Bank Account Stands Thoroughly and Properly Explained: ITAT Deletes Addition of Rs. 7.43 Crore [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Income-tax-appellate-tribunal-income-tax-act-income-tax-Tax-news-TAXSCAN.jpg "Cash Deposit Made in Bank Account Stands Thoroughly and Properly Explained: ITAT Deletes Addition of Rs. 7.43 Crore [Read Order]")
Expenditure incurred exclusively for business to be allowed whether or not assessee was having any income during year: ITAT [Read Order]
Income Tax Appellate Tribunal (ITAT), Chennai bench consisting of V Durga Rao, Judicial Member and Manoj Kumar Aggarwal, Accountant Member held that expenditure incurred exclusively for business to...
![Expenditure incurred exclusively for business to be allowed whether or not assessee was having any income during year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Expenditure-business-assessee-income-ITAT-taxscan.jpg "Expenditure incurred exclusively for business to be allowed whether or not assessee was having any income during year: ITAT [Read Order]")
No addition is Permitted u/s 68 of Income Tax Act as Unsecured Loan when Cash Deposits in Bank A/c of Lender Firm is Accepted: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition made under Section 68 of the Income Tax Act, 1961 on unsecured loan obtained from a firm by the Assessee on the...
![No addition is Permitted u/s 68 of Income Tax Act as Unsecured Loan when Cash Deposits in Bank A/c of Lender Firm is Accepted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Income-Tax-Act-Section-68-of-the-Income-Tax-Act-Income-Tax-Tax-news-Taxscan.jpg "No addition is Permitted u/s 68 of Income Tax Act as Unsecured Loan when Cash Deposits in Bank A/c of Lender Firm is Accepted: ITAT [Read Order]")
ITD Failure to consider receipts from Offshore Supplies as Income of PE: ITAT directs Readjudication [Read Order]
The two member bench of Delhi Income Tax Appellate Tribunal ( ITAT ) directed readjudication after finding that the Income Tax Department failed to consider the receipts from the offshore supplies as...
![ITD Failure to consider receipts from Offshore Supplies as Income of PE: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Delhi-ITAT-ITAT-directs-readjudication-tax-news-Taxscan-1.jpg "ITD Failure to consider receipts from Offshore Supplies as Income of PE: ITAT directs Readjudication [Read Order]")
ITAT upholds Cash Sales of Business of Trading of Gold/Silver Jewellery during Demonetisation Period were Bonafide [Read Order]
The two member bench of Delhi Income Tax Appellate Tribunal ( ITAT ) upheld that cash sales of business of trading of gold /silver jewelry during the demonetisation period were bonafide. The...
ITAT deletes Addition made u/s 69 of Income Tax Act without considering Evidence related Agreement of Sale [Read Order]
The two member bench of Delhi Income Tax Appellate Tribunal ( ITAT ) deleted the addition made under Section 69 of the Income Tax Act, 1961 without considering the evidence related to agreement of...
![ITAT deletes Addition made u/s 69 of Income Tax Act without considering Evidence related Agreement of Sale [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Income-tax-ITAT-Delhi-Section-69-of-the-Income-Tax-Act-tax-news-Taxscan.jpg "ITAT deletes Addition made u/s 69 of Income Tax Act without considering Evidence related Agreement of Sale [Read Order]")
Merely making Entries in books not discharge initial burden of proof regarding claim of cost of Improvement of Assets: ITAT [Read Order]
In a recent case, the Chandigarh bench of Income Tax Appellate Tribunal (ITAT) held that merely making entries in books not discharge initial burden of proof regarding claim of cost of improvement of...
