![ITAT Annual Digest [Part 64]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Taxscan-ITAT-stories-ITAT-2023-analysis-Tax-tribunal-case-summaries-Income-Tax-Appellate-Tribunal-ITAT-cases-2023-taxscan.jpg "ITAT Annual Digest [Part 64]")
ITAT Annual Digest [Part 64]
This annual digest analyzes all the ITAT stories published in 2023 at taxscan.in Dismissal of Registration u/s 12AB of Income Tax Act due to...
![ITAT Annual Digest [Part 45]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Tax-tribunal-updates-Income-Tax-Appellate-Tribunal-analysis-Income-tax-updates-2023-taxscan.jpg "ITAT Annual Digest [Part 45]")
![Consideration received on Termination of Call Option Agreement that Relinquishes Purchase of Shares is Transfer under Income Tax Act Taxable as Capital Gains: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Consideration-received-Termination-Call-Option-Agreement-Relinquishes-Purchase-of-Shares-Transfer-under-Income-Tax-Act-Taxable-Capital-Gains-ITAT-taxscan.jpg "Consideration received on Termination of Call Option Agreement that Relinquishes Purchase of Shares is Transfer under Income Tax Act Taxable as Capital Gains: ITAT [Read Order]")
![Assessment Order passed without Proper Examination of Evidence shall be erroneous and prejudicial to Interest of Revenue: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Assessment-Order-Proper-Examination-Evidence-erroneous-prejudicial-Interest-Revenue-ITAT-taxscan.jpg "Assessment Order passed without Proper Examination of Evidence shall be erroneous and prejudicial to Interest of Revenue: ITAT [Read Order]")
![Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Onus-Prove-Accrual-Capital-Gain-Assessee-ITAT-Order-income-tax-taxscan.jpg "Onus to Prove Non-Accrual of Capital Gain Lies on Assessee: ITAT Orders for Readjudication of Capital Gain Assessment [Read Order]")
![Purchase of Windmill and Capitalisation in Books of Account: ITAT allows Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Windmill-Capitalisation-ITAT-Depreciation-TAXSCAN.jpg "Purchase of Windmill and Capitalisation in Books of Account: ITAT allows Depreciation [Read Order]")
Income Tax Addition on Deemed letting value not permissible when property was not let out: ITAT [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that addition on deemed letting value not permissible when the property was not let out and deleted the addition. The...
![Income Tax Addition on Deemed letting value not permissible when property was not let out: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Addition-Deemed-value-permissible-property-ITAT-TAXSCAN.jpg "Income Tax Addition on Deemed letting value not permissible when property was not let out: ITAT [Read Order]")
Addition on Cash Deposit during Demonetisation is not permissible when opportunity to adduce evidence to prove the Source was given: ITAT [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT)has held that addition on cash deposit During Demonetisation is not permissible when the opportunity to adduce evidence to prove the...
![Addition on Cash Deposit during Demonetisation is not permissible when opportunity to adduce evidence to prove the Source was given: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Cash-Deposit-Demonetisationis-opportunity-evidence-ITAT-TAXSCAN.jpg "Addition on Cash Deposit during Demonetisation is not permissible when opportunity to adduce evidence to prove the Source was given: ITAT [Read Order]")
![Reopening of Income Tax Assessment cannot be made on mere Change of Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Reopening-Income-Tax-ITAT-TAXSCAN-3.jpg "Reopening of Income Tax Assessment cannot be made on mere Change of Opinion: ITAT [Read Order]")
Department can't Advantageous on Ignorance of Assessee in Securing relief: ITAT restores issue of Deduction to file of AO [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the department can’t advantageous of the ignorance of the assessee in securing relief and restored the issue to the file of...
![Department cant Advantageous on Ignorance of Assessee in Securing relief: ITAT restores issue of Deduction to file of AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Department-advantageous-assessee-ITAT-deduction-AO-TAXSCAN.jpg "Department cant Advantageous on Ignorance of Assessee in Securing relief: ITAT restores issue of Deduction to file of AO [Read Order]")
Replacement of Spare Parts includes in regular repairs and maintenance shall be treated as Revenue Expenditure: ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that replacement of spare parts includes in regular repairs and maintenance shall be treated as revenue...
![Replacement of Spare Parts includes in regular repairs and maintenance shall be treated as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Replacement-spare-parts-regular-repairs-maintenance-shall-expenditure-ITAT-TAXSCAN.jpg "Replacement of Spare Parts includes in regular repairs and maintenance shall be treated as Revenue Expenditure: ITAT [Read Order]")