Read all Latest Updates on and about Section 153A

Begin typing your search above and press return to search.

Home
»
Section 153A

Addition on Share Capital Unsustainable In Absence Of Incriminating Material: ITAT Deletes ₹9.99 Cr Addition u/s 68 [Read Order]

The Income Tax Appellate Tribunal Chennai Bench, has held that no addition can be made under Section 68 of the Income Tax Act 1961 in the absence of...

No Addition Permissible in Unabated AY Without Incriminating Material Found During Search: ITAT...

S. 153C cannot be invoked against Searched Person: ITAT Rules Assessment required u/s 153A,...

Assessment quashed without granting Liberty of Reopening to AO: ITAT rectifies order as per SC...

Consolidated Approval u/s 153D for Multiple Taxpayers and Years in a Mechanical Manner: ITAT...

Search Assessment Invalid Without Incriminating Evidence: ITAT Quashes Section 153A Additions [Read Order]

The New Delhi Bench ofIncome Tax Appellate Tribunal (ITAT) quashed additions made under Section 153A of the Income Tax Act, 1961, due to absence of incriminating material seized during search and...

Annual Income Tax Case Digest: ITAT Decisions 2025 [Part XIV]

This annual round-up analytically summarizes the key Direct Tax-Income Tax rulings of the Income Tax Appellate Tribunal (ITAT) reported on Taxscan.in in 2025. Income from House...

Failure to Issue Mandatory Draft Assessment Order to Non-Resident u/s 144C(1) Invalidates Search Assessment: ITAT Quashes Order [Read Order]

The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) quashed search assessment and ruled that the Assessing Officer (AO) failed to mandatorily issue draft assessment order to ...

‘Base Note’ from French Govt. is Not Incriminating Material for Income Tax Addition u/s 153A: Bombay HC [Read Order]

The Bombay High Court recently clarified that a “base note” received from the French Government under international information exchange arrangements does not constitute incriminating material for...

S. 153D Approvals Granted to 30+ Cases within Hours by Income Tax Dept: Bombay Slams ‘Casual’ Revenue Approach [Read Order]

In a recent ruling, the Bombay High Court has criticised the Income Tax Department’s mechanical and casual approach in granting prior approvals under Section 153Dof the Income Tax Act, 1961 after...

Relief for Lalitha Jewellery: Madras HC Quashes ₹51 Crore Unexplained Cash Credits Addition due to Uncorroborated Search Statements [Read Order]

The Madras High Court quashed Rs. 51 crore addition under Section 68 of the IncomeTax Act, 1961, determining that uncorroborated search statements cannot be treated as evidence to brand genuine...

Revision Invalid when Assessment Order u/s 153A passed with JCIT Approval u/s 153D: ITAT [Read Order]

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) set aside an order passed under Section 263 of the Income Tax Act, 1961 and ruled that a revision of an assessment order made under Section...