![Income Tax Penalty u/s 271F Not Leviable as ITR Filed Within Prescribed Time: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104472-income-tax-penalty-itr-prescribed-time-itat-taxscan.webp "Income Tax Penalty u/s 271F Not Leviable as ITR Filed Within Prescribed Time: ITAT [Read Order]")
Income Tax Penalty u/s 271F Not Leviable as ITR Filed Within Prescribed Time: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently ruled in favour of the assessee, deleting a penalty of ₹5,000 under Section...
![Time-Barred and Vague Satisfaction Note: ITAT Quashes Assessments Beyond Six-Year Limit u/s 153C [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102757-vague-satisfaction-note-itat-itat-quashes-itat-quashes-assessments-taxscan.webp "Time-Barred and Vague Satisfaction Note: ITAT Quashes Assessments Beyond Six-Year Limit u/s 153C [Read Order]")
![Reopening of Assessment u/s 147: ITAT upholds CIT(A) Decision, Finds Reassessment Beyond Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Reopening-of-Assessment-Assessment-Section-147-ITAT-ITAT-Upholds-CITA-CITA-Decision-Reassessment-Jurisdiction-taxscan.jpg "Reopening of Assessment u/s 147: ITAT upholds CIT(A) Decision, Finds Reassessment Beyond Jurisdiction [Read Order]")
![Late Filing of Form 10B for Exemption Claim u/s 11: ITAT Allows Claim Based on Submission Before Assessment Completion [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Form-10B.jpg "Late Filing of Form 10B for Exemption Claim u/s 11: ITAT Allows Claim Based on Submission Before Assessment Completion [Read Order]")
ITAT Deletes Penalty u/s 271D: Penalty Held Invalid as Section 153C Assessment Quashed due to Lack of Incriminating Material [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) set aside a penalty of ₹3,50,000 imposed under Section 271D of the Income Tax Act. The Deputy Commissioner of Income Tax (DCIT) initially...
![ITAT Deletes Penalty u/s 271D: Penalty Held Invalid as Section 153C Assessment Quashed due to Lack of Incriminating Material [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Deletes-Penalty-Penalty-Held-Invalid-Section-153C-Assessment-Quashed-Assessment-Quashed-due-Lack-of-Incriminating-Material-taxscan.jpg "ITAT Deletes Penalty u/s 271D: Penalty Held Invalid as Section 153C Assessment Quashed due to Lack of Incriminating Material [Read Order]")
CIT(A) Deleted Income Tax Additions w/o Considering AO's Observations: ITAT Remands Matter Back for Reconsideration [Read Order]
In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded a case back to the Commissioner of Income Tax (Appeals) [CIT(A)] for reconsideration noting that the CIT(A)...
![CIT(A) Deleted Income Tax Additions w/o Considering AOs Observations: ITAT Remands Matter Back for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/itat.jpg "CIT(A) Deleted Income Tax Additions w/o Considering AOs Observations: ITAT Remands Matter Back for Reconsideration [Read Order]")
AO’s Mistaken Presumption of Personal Expenditure instead of Personnel Expenditure: ITAT deletes Disallowance [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the disallowance made by the AO as the AO presumed the expenses claimed by the assessee as ‘personal...
![AO’s Mistaken Presumption of Personal Expenditure instead of Personnel Expenditure: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/AO-Mistaken-Presumption-Personal-Expenditure-Personnel-Expenditure-ITAT-Disallowance-taxscan.jpg "AO’s Mistaken Presumption of Personal Expenditure instead of Personnel Expenditure: ITAT deletes Disallowance [Read Order]")
ITAT dismisses Revenue’s Appeal as Assessment Order Invalid due to Expiry of Statutory Time Limit u/s 201 [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) held that the assessment order passed by the Assessing Officer ( AO ) was invalid due to the expiry of the statutory...
![ITAT dismisses Revenue’s Appeal as Assessment Order Invalid due to Expiry of Statutory Time Limit u/s 201 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Statutory-Time-Limit-Section-201-Income-Tax-Act-income-tax-taxscan-1.jpg "ITAT dismisses Revenue’s Appeal as Assessment Order Invalid due to Expiry of Statutory Time Limit u/s 201 [Read Order]")
![ITAT Rules Compensation for Delayed Property Delivery as Capital Receipt, Not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/itat-income-tax-itat-delhi-Delayed-Property-Delivery-Taxscan.jpg "ITAT Rules Compensation for Delayed Property Delivery as Capital Receipt, Not Taxable [Read Order]")
![No Representation from Assessee Side: ITAT quashes Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/No-Representation-Assessee-Side-ITAT-Appeal-taxscan.jpg "No Representation from Assessee Side: ITAT quashes Appeal [Read Order]")
Assessment against Non-Existent Entity cannot be Cured by Invoking S. 292 Income Tax Act: ITAT [Read Order]
In a recent case before Income Tax Appellate Tribunal ( ITAT ), New Delhi it was ruled that an assessment against a non-existent entity cannot be rectified by invoking Section 292 of the Income Tax...
![Assessment against Non-Existent Entity cannot be Cured by Invoking S. 292 Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-New-Delhi-Income-Tax-Income-Tax-Act-Section-292-of-Income-Tax-Act-Section-292-of-ITA-Taxscan.png "Assessment against Non-Existent Entity cannot be Cured by Invoking S. 292 Income Tax Act: ITAT [Read Order]")