![CBDT Threshold of ₹60 Lakh Leads to Dismissal of Revenue Appeal by ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2098982-revenue-appeal-taxscan.webp "CBDT Threshold of ₹60 Lakh Leads to Dismissal of Revenue Appeal by ITAT [Read Order]")
CBDT Threshold of ₹60 Lakh Leads to Dismissal of Revenue Appeal by ITAT [Read Order]
The bench of the Income Tax Appellate Tribunal, Kolkata, dismissed the Revenue’s appeal on the ground of low tax effect and consequently...
![No Income Tax Penalty Leviable u/s 271D as Assessee did not Violate Section 296SS: ITAT Dismisses Appeal by Revenue [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/250x150_2094853-income-tax-act-cash-transaction-overview-of-cash-transaction-tax-evasion-non-cash-payments-reduce-tax-evasion-cash-transaction-provisions-taxscan.webp "No Income Tax Penalty Leviable u/s 271D as Assessee did not Violate Section 296SS: ITAT Dismisses Appeal by Revenue [Read Order]")
![Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-tax-assessment-ruling-Undisclosed-income-taxation-Bombay-High-Court-taxscan.jpg "Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea [Read Order]")
![CBDT Circular Leads to Dismissal of Revenues Appeal: ITAT upholds Threshold Limit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CBDT-Circular-Leads-Dismissal-Revenues-Appeal-ITAT-Threshold-Limit-taxscan.jpg "CBDT Circular Leads to Dismissal of Revenues Appeal: ITAT upholds Threshold Limit [Read Order]")
ITAT deletes Unexplained Jewelry Additions, Applies CBDT Instruction 1916 allowing Jewelry Holding for other Family Members
The Bangalore Bench of the Income Tax Appellate Authority ( ITAT ) deleted the addition made by the assessing officer (AO) on unexplained jewelry by applying the benefit under the Central Board of...
No reasonable ground u/s 119(2)(b) IT Act: Delhi HC dismisses Delay Condonation Application [Read Order]
The Delhi High Court rejected application of Employees Provident Fund Organisation, New Delhi seeking condonation of delay as the court finds no reasonable grounds for allowing condonation of delays...
![No reasonable ground u/s 119(2)(b) IT Act: Delhi HC dismisses Delay Condonation Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/No-reasonable-ground-1192b-IT-Act-Delhi-HC-Delay-Condonation-Application-taxscan.jpg "No reasonable ground u/s 119(2)(b) IT Act: Delhi HC dismisses Delay Condonation Application [Read Order]")
Madras HC dismisses Petition Against Joint Director of Income Tax (Inv) and Mining Company for Lack of Locus Standi, Not Included as Parties to Petition [Read Order]
The Madras High Court recently dismissed the writ petition filed against the Joint Director of Income Tax (Investigation) ad mining company for lack of Locus Standi and did not include them as...
![Madras HC dismisses Petition Against Joint Director of Income Tax (Inv) and Mining Company for Lack of Locus Standi, Not Included as Parties to Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Madras-High-Court-Income-Tax-Locus-Standi-Petition-writ-petition-Dismisses-Petition-Lack-of-Locus-Standi-taxscan.jpg "Madras HC dismisses Petition Against Joint Director of Income Tax (Inv) and Mining Company for Lack of Locus Standi, Not Included as Parties to Petition [Read Order]")
'Co-ordinated Investigation' to Avoid Tax Evasion is Good Ground For Transfer Case from ITO to DCIT: Delhi HC upholds Order u/s 127 of Income Tax Act [Read Order]
The Delhi High Court has held that 'Co-Ordinated Investigation' to avoid tax evasion is good ground for transferring the case from the Income Tax Officer ( ITO ) to the Deputy Commissioner of...
![Co-ordinated Investigation to Avoid Tax Evasion is Good Ground For Transfer Case from ITO to DCIT: Delhi HC upholds Order u/s 127 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Co-ordinated-Investigation-Avoid-Tax-Evasion-Good-Ground-For-Transfer-Case-from-ITO-DCIT-Delhi-HC-us-127-of-Income-Tax-Act-TAXSCAN.jpg "Co-ordinated Investigation to Avoid Tax Evasion is Good Ground For Transfer Case from ITO to DCIT: Delhi HC upholds Order u/s 127 of Income Tax Act [Read Order]")
Powers u/s 127 of Income Tax can be invoked for Public Interest, Administrative Convenience and Meaningful Assessment: Delhi HC [Read Order]
The Delhi High Court clarified that powers under Section 127 of the Income Tax Act, 1961, can be invoked for public interest, administrative convenience, and meaningful assessment. The present...
![Powers u/s 127 of Income Tax can be invoked for Public Interest, Administrative Convenience and Meaningful Assessment: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Powers-Income-Tax-invoked-Public-Interest-Administrative-Convenience-Meaningful-Assessment-Delhi-HC-taxscan.jpg "Powers u/s 127 of Income Tax can be invoked for Public Interest, Administrative Convenience and Meaningful Assessment: Delhi HC [Read Order]")
ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]
The Two member bench of Mumbai Income Tax Appellate Tribunal ( ITAT ) directs readjudication for determining the municipal rateable value of the flats held as stock in trade The Assessee, La...
![ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Mumbai-readjudication-ITAT-Updating-taxscan.jpg "ITAT directs Readjudication for determining Municipal Rateable Value of Flats held as Stock in Trade [Read Order]")
![ITAT Annual Digest [Part-23]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ANNUAL-DIGEST-PART-23-ITAT-ANNUAL-DIGEST-ITAT-ANNUAL-DIGEST-PART-23-taxscan.jpg "ITAT Annual Digest [Part-23]")