![Loan Received via Banking Channels and Repaid with Interest cannot be treated as Bogus: Delhi HC upholds ₹10 Cr Deletion [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/500x300_2106182-via-banking-channels-loan-repaid-with-interest-banking-channels-taxscan.webp "Loan Received via Banking Channels and Repaid with Interest cannot be treated as Bogus: Delhi HC upholds ₹10 Cr Deletion [Read Order]")
Loan Received via Banking Channels and Repaid with Interest cannot be treated as Bogus: Delhi HC upholds ₹10 Cr Deletion [Read Order]
In a recent ruling, the Delhi High Court held that a loan received through banking channels and repaid with interest could not be treated as bogus...
![Lack of proper opportunity to explain Bogus Creditors: ITAT Remits Matter with One more Opportunity [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/250x150_2096576-bogus-purchase-taxscan.webp "Lack of proper opportunity to explain Bogus Creditors: ITAT Remits Matter with One more Opportunity [Read Order]")
![ITAT Deletes Disallowance made by AO without undertaking Independent Inquiry u/s 133(6) of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/25/250x150_2080298-disallowance-not-applicable-payment-account-payee-cheque-account-payee-dd-itat-taxscan.webp "ITAT Deletes Disallowance made by AO without undertaking Independent Inquiry u/s 133(6) of Income Tax Act [Read Order]")
![Bogus Purchase Addition Without Adequate Verification: ITAT Restores ₹8.79 Lakh Matter to AO for Re-adjudication with Opportunity to Taxpayer [Read Order]](https://images.taxscan.in/h-upload/2025/07/28/250x150_2069863-itat-ahmedabad-income-tax-bogus-purchases-citing-genuine-sales-taxscan-1.webp "Bogus Purchase Addition Without Adequate Verification: ITAT Restores ₹8.79 Lakh Matter to AO for Re-adjudication with Opportunity to Taxpayer [Read Order]")
![Invalid Bank Account in ITR Filed: Rajasthan HC Sets aside Proceedings u/s 148AÂ of Income Tax Act due to Procedural Violation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Bank-Account-ITR-filed-Rajasthan-HC-Income-Tax-Act-Procedural-Violation-taxscan.jpg "Invalid Bank Account in ITR Filed: Rajasthan HC Sets aside Proceedings u/s 148AÂ of Income Tax Act due to Procedural Violation [Read Order]")
Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]
In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the 12.5% addition on alleged bogus purchases due to verification failures in disputed purchases and labour...
![Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Disputed-purchases-Labour-Expenses-Alleqed-Boqus-Purchases-taxscan.jpg "Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]")
Subscribers Affirms Investments in Equity shares of company, Explains Source of Funds: ITAT deletes addition of Rs. 57.5 crores u/s 68 [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition of Rs. 57.5 Crores under Section 68 of Income Tax Act, 1961 after the subscribers affirmed their investments in...
Order Freezing Bank Accounts not to Remain in Force Sixty Days from Date of Order under Sub-Section (8-A) to Section 132 of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court observed that the order freezing bank accounts not to remain in force for more than sixty days from date of order under sub-section (8-A) to Section 132 of the Income Tax Act,...
![Order Freezing Bank Accounts not to Remain in Force Sixty Days from Date of Order under Sub-Section (8-A) to Section 132 of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Delhi-high-court-freezing-of-bank-accounts-Income-tax-acts-Section-132-TAXSCAN.jpg "Order Freezing Bank Accounts not to Remain in Force Sixty Days from Date of Order under Sub-Section (8-A) to Section 132 of Income Tax Act: Delhi HC [Read Order]")
![Opportunity to be Heard Denied:Â ITAT deletes addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Opportunity-Heard-Denied-ITAT-addition-Income-Tax-Act-taxscan.jpg "Opportunity to be Heard Denied:Â ITAT deletes addition u/s 68 of Income Tax Act [Read Order]")
Deletion of Addition u/s 68 against Bharat Auto based on Vague, Unsubstantiate and Cryptic Findings: ITAT Directs Re-adjudication [Read Notification]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has directed re-adjudication as the deletion of addition under Section 68 of the Income Tax Act 1961 Bharat Auto was based on vague,...
![Deletion of Addition u/s 68 against Bharat Auto based on Vague, Unsubstantiate and Cryptic Findings: ITAT Directs Re-adjudication [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/11/Deletion-of-Addition-Bharat-Auto-based-on-Vague-Unsubstantiate-and-Cryptic-Findings-ITAT-Directs-Re-adjudication-Re-adjudication-ITAT-Income-Tax-Act-TAXSCAN.jpg "Deletion of Addition u/s 68 against Bharat Auto based on Vague, Unsubstantiate and Cryptic Findings: ITAT Directs Re-adjudication [Read Notification]")
Due Opportunity shall be provided to Assessee for establishing a case of Non-receipt of Statutory Notices: ITAT set aside Order of CIT(A) [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that due opportunity shall be provided to the assessee for establishing a case of non-receipt of the statutory notice. The assessee...
![Due Opportunity shall be provided to Assessee for establishing a case of Non-receipt of Statutory Notices: ITAT set aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Due-Opportunity-Assessee-establishing-Non-receipt-Statutory-Notices-ITAT-Order-CITA-TAXSCAN.jpg "Due Opportunity shall be provided to Assessee for establishing a case of Non-receipt of Statutory Notices: ITAT set aside Order of CIT(A) [Read Order]")