![Benefit Allowed in Assessment shall not be withdrawn by exercising Power u/s 154 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Benefit-allowed-Assessment-withdrawn-exercising-Income-Tax-Act-ITAT-TAXSCAN.jpg "Benefit Allowed in Assessment shall not be withdrawn by exercising Power u/s 154 of Income Tax Act: ITAT [Read Order]")
Benefit Allowed in Assessment shall not be withdrawn by exercising Power u/s 154 of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench held that benefit allowed assessment orders should not be withdrawn by exercising power under...
![No addition can be made on Cash Deposited to Bank Account from Husbands Savings for pay of Bank Loan: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Cash-Deposited-Bank-Account-Husbands-Savings-pay-Bank-Loan-ITAT-TAXSCAN.jpg "No addition can be made on Cash Deposited to Bank Account from Husbands Savings for pay of Bank Loan: ITAT [Read Order]")
![Value Attributed to as Non-updated Stock Amounts to Taxation: ITAT partly sustains Order of AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Value-Attributed-Non-updated-Stock-Amounts-Taxation-ITAT-partly-sustains-Order-AO-TAXSCAN.jpg "Value Attributed to as Non-updated Stock Amounts to Taxation: ITAT partly sustains Order of AO [Read Order]")
![DTAA Benefits allowable to Assessee acts as Intermediary between Indian Subscribers and Alibaba.com Hongkong: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/DTAA-allowable-Assessee-acts-Intermediary-Indian-Subscribers-Albaba.com-�Hongkong-Bombay-HC-.jpg "DTAA Benefits allowable to Assessee acts as Intermediary between Indian Subscribers and Alibaba.com Hongkong: Bombay HC [Read Order]")
![No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Income-Tax-Addition-Without-Incriminating-Materials-Unearthed-Search-Seizure-ITAT-TAXSCAN.jpg "No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]")
ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted the additions made on the cash out of income leaving aside the amount of huge cash withdrawals from State Bank of India to...
![ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Addition-Cash-Income-Amount-Huge-Cash-Withdrawals-SBI-UCO-Bank-TAXSCAN.jpg "ITAT deletes Addition made on Cash out of Income leaving aside Amount of Huge Cash Withdrawals from SBI to UCO Bank [Read Order]")
ITAT allows CSR Expenditure on Community Development, and Environment, Health and Safety Expenses [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), allowed Corporate Social Responsibility (CSR) Expenditure on community development, and environment, health and safety expenses. The...
![ITAT allows CSR Expenditure on Community Development, and Environment, Health and Safety Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-CSR-Expenditure-Community-Development-Environment-Health-Safety-Expenses-TAXSCAN.jpg "ITAT allows CSR Expenditure on Community Development, and Environment, Health and Safety Expenses [Read Order]")
Addition made by AO Without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the addition made without giving the sufficient opportunity of hearing to the...
![Addition made by AO Without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Addition-Addition-made-by-AO-AO-Sufficient-Opportunity-to-Assessee-Sufficient-Opportunity-Assessee-ITAT-Directs-Re-adjudication-ITAT-Re-adjudication-taxscan.jpg "Addition made by AO Without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]")
Cash deposited through Bank Accounts of Company during Demonetisation Period are not Unexplained Cash: ITAT [Read Order]
The Lucknow bench of Income Tax Appellate Tribunal (ITAT) has held that cash deposited through bank accounts of companies during the demonetisation period are not unexplained cash. The assessee...
![Cash deposited through Bank Accounts of Company during Demonetisation Period are not Unexplained Cash: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Cash-deposited-Bank-Accounts-Company-Demonetisation-Period-Unexplained-Cash-ITAT-TAXSCAN.jpg "Cash deposited through Bank Accounts of Company during Demonetisation Period are not Unexplained Cash: ITAT [Read Order]")
Disallowance made by AO on ground of Utilisation of Expenses for Non Business Purposes : ITAT Directs Re-adjudication [Read Order]
The Indore bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the disallowance made on the ground of utilization of expenses for personal use or...
![Disallowance made by AO on ground of Utilisation of Expenses for Non Business Purposes : ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Disallowance-Income-Tax-AO-Utilisation-of-Expenses-Utilisation-Expenses-Non-Business-Purposes-ITAT-Directs-Re-adjudication-ITAT-Re-adjudication-taxscan.jpg "Disallowance made by AO on ground of Utilisation of Expenses for Non Business Purposes : ITAT Directs Re-adjudication [Read Order]")
ITAT quashes disallowance of Payment made to Subcontractors Workers on basis of Admissions or Confessions made during Survey Proceedings [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has quashed disallowance of payment made to subcontractors workers on basis of admissions or confessions made during survey proceedings . The...
![ITAT quashes disallowance of Payment made to Subcontractors Workers on basis of Admissions or Confessions made during Survey Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-disallowance-Payment-Subcontractors-Workers-Admissions-or-Confessions-during-Survey-Proceedings-TAXSCAN.jpg "ITAT quashes disallowance of Payment made to Subcontractors Workers on basis of Admissions or Confessions made during Survey Proceedings [Read Order]")
Validity of TRC: Delhi High Court direct AO to provide Information to Vodafone Mauritius [Read Order]
The Delhi High court recently directed the Assessing Officer (AO) to provide information to vodafone Mauritius regarding validity of Tax Residency Certificate (TRC). The writ petition is filed by...
![Validity of TRC: Delhi High Court direct AO to provide Information to Vodafone Mauritius [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Validity-of-TRC-TRC-Delhi-High-Court-AO-Assessing-Officer-Information-to-Vodafone-Mauritius-Vodafone-Mauritius-Delhi-High-Court-direct-AO-Taxscan.jpg "Validity of TRC: Delhi High Court direct AO to provide Information to Vodafone Mauritius [Read Order]")