![Gold Loan Account Records and Bank Records validates Gold Loan Business: ITAT deletes Addition of Cash Withdrawals u/s 69C [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076326-gold-loan-taxscan.webp "Gold Loan Account Records and Bank Records validates Gold Loan Business: ITAT deletes Addition of Cash Withdrawals u/s 69C [Read Order]")
Gold Loan Account Records and Bank Records validates Gold Loan Business: ITAT deletes Addition of Cash Withdrawals u/s 69C [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) deleted addition of cash withdrawal under Section 69C of the Income Tax Act, 1961,...
![ITAT remands Matter to CIT(A) for Fresh Adjudication due to Denial of Personal Hearing to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Fresh-Adjudication-Commissioner-of-Income-Tax-Personal-Hearing-Denial-ITAT-Taxscan.jpg "ITAT remands Matter to CIT(A) for Fresh Adjudication due to Denial of Personal Hearing to Assessee [Read Order]")
![ITAT Remands Case to AO for Verification of Rs. 15.71 Lakh Liability u/s 41(1) due to Insufficient Evidence of Payment and TDS Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/TAT-ITAT-Surat-ITAT-Remands-Case-to-AO-TDS-Deduction-Income-Tax-Section-411-of-Income-Tax-Act-Taxscan.png "ITAT Remands Case to AO for Verification of Rs. 15.71 Lakh Liability u/s 41(1) due to Insufficient Evidence of Payment and TDS Deduction [Read Order]")
![ITAT sets aside Penalty, Orders Fresh Proceedings after Reconsideration of Quantum Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Quantum-Addition-Income-Tax-Section-271AAB-of-Income-Tax-Act-Taxscan.jpeg "ITAT sets aside Penalty, Orders Fresh Proceedings after Reconsideration of Quantum Addition [Read Order]")
![ITAT restores Additional Depreciation Claim for Statistical Reassessment following Legal Amendment in S.32(1)(iia) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Statistical-Reassessment-TAXSCAN.jpg "ITAT restores Additional Depreciation Claim for Statistical Reassessment following Legal Amendment in S.32(1)(iia) of Income Tax Act [Read Order]")
Failure to establish Legal Expenses incurred from Trading Loss as Civil Expenditure: ITAT directs Readjudication [Read Order]
The Mumbai bench Income Tax Appellate Tribunal ( ITAT ) directed readjudication on account of failure to establish legal expenses incurred from the trading loss as civil expenditure. The Two...
![Failure to establish Legal Expenses incurred from Trading Loss as Civil Expenditure: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Mumbai-Income-Tax-Readjudication-Civil-Expenditure-taxscan.jpg "Failure to establish Legal Expenses incurred from Trading Loss as Civil Expenditure: ITAT directs Readjudication [Read Order]")
Setback to Moraj Group Director Priya Mohan Gurnani: No Fresh Notice required u/s 143(2) of IT Act on Change of Income Tax Officer
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that no fresh notice was required to be issued under Section 143(2) of the Income Tax Act on change of Income Tax Officer, in the...
Failure of assessee to furnish details/Documentary Evidences to establish genuiness of activities in Persuance of registration u/s 12AA of Income Tax Act: ITAT remands matter to CIT(E) [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) held that in the interest of justice one final opportunity should be provided to the assessee to file the relevant details before the...
![Failure of assessee to furnish details/Documentary Evidences to establish genuiness of activities in Persuance of registration u/s 12AA of Income Tax Act: ITAT remands matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Failure-of-assessee-to-furnish-details-or-Documentary-Evidences-establish-genuiness-of-activities-ITAT-Income-Tax-Act-Income-Tax-CITE-Failure-Documentary-Evidences-TAXSCAN.jpg "Failure of assessee to furnish details/Documentary Evidences to establish genuiness of activities in Persuance of registration u/s 12AA of Income Tax Act: ITAT remands matter to CIT(E) [Read Order]")
Section 50C(1) of Income Tax Act is Retrospective in Nature: ITAT directs AO to Calculate Capital Gain [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that the amended provisions of section 50C(1) of the Income Tax Act is retrospective in nature, the value adopted or assessed or...
![Section 50C(1) of Income Tax Act is Retrospective in Nature: ITAT directs AO to Calculate Capital Gain [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Income-Tax-Retrospective-Nature-ITAT-Directs-AO-Calculate-Capital-Gain-taxscan.jpg "Section 50C(1) of Income Tax Act is Retrospective in Nature: ITAT directs AO to Calculate Capital Gain [Read Order]")
Department Lawyers have to act Impartially to assist Court in administration of Justice: ITAT [Read Order]
"The D R is unique in that he has both powers and duties that other lawyers do not. This does not mean he is any better or worse than other lawyers, but it does result in many misconceptions about the...
![Department Lawyers have to act Impartially to assist Court in administration of Justice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Lawyers-Taxscan.jpg "Department Lawyers have to act Impartially to assist Court in administration of Justice: ITAT [Read Order]")