![Mere Submission of Documents Insufficient u/s 263, Proper Inquiry and Verification by AO Essential for Valid Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Mumbai-AO-Assessment-Documents-Insufficient-Income-Tax-Taxscan.jpg "Mere Submission of Documents Insufficient u/s 263, Proper Inquiry and Verification by AO Essential for Valid Assessment: ITAT [Read Order]")
Mere Submission of Documents Insufficient u/s 263, Proper Inquiry and Verification by AO Essential for Valid Assessment: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Authority ( ITAT ) ruled that the mere submission of documents was not sufficient under Section 263 of the...
![Assessees Admission not a valid Ground for Income Tax Addition: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Rajasthan-High-Court-Income-Tax-Addition-Income-Tax-Rajasthan-HC-Assessees-Income-Tax-update-Taxscan.jpg "Assessees Admission not a valid Ground for Income Tax Addition: Rajasthan HC [Read Order]")
![Non-Filing of Evidence: ITAT upholds Addition of Sundry Creditors Balances [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Sundry-Creditors-Balances-Non-Filing-of-Evidence-Taxscan.jpg "Non-Filing of Evidence: ITAT upholds Addition of Sundry Creditors Balances [Read Order]")
![S.54F Deduction Fully Allowable on Capital Gains Reinvestment with Proforma Purchaser: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Pune-Deduction-S.54F-Deduction-Capital-Gains-Taxscan.jpg "S.54F Deduction Fully Allowable on Capital Gains Reinvestment with Proforma Purchaser: ITAT [Read Order]")
CESTAT Orders Customs Commissioner to Pass Fresh Order after Examining AO's Speaking Order on Assessment of 18 Aluminum Scrap Import Bills [Read Order]
In a recent ruling, the Delhi bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) has directed the Customs Commissioner to issue a new order after reviewing the Assessing...
![CESTAT Orders Customs Commissioner to Pass Fresh Order after Examining AOs Speaking Order on Assessment of 18 Aluminum Scrap Import Bills [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CESTAT-CESTAT-Delhi-CESTAT-Orders-CESTAT-Orders-Aluminum-Scrap-Import-Taxscan.jpg "CESTAT Orders Customs Commissioner to Pass Fresh Order after Examining AOs Speaking Order on Assessment of 18 Aluminum Scrap Import Bills [Read Order]")
Agricultural Land Sold to Non-Agriculturist Remains Agricultural and cannot be treated as Capital Assets: ITAT [Read Order]
In a recent ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that agricultural land sold to a non-agriculturist retains its status as agricultural land and cannot...
![Agricultural Land Sold to Non-Agriculturist Remains Agricultural and cannot be treated as Capital Assets: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-on-Agriculturist-Agricultural-Land-Remains-Agricultural-Capital-Assets-Taxscan.jpg "Agricultural Land Sold to Non-Agriculturist Remains Agricultural and cannot be treated as Capital Assets: ITAT [Read Order]")
19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) condoned a delay of 19 days in filing an appeal due to notices being sent to an outdated email address.The delay occurred because the...
![19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-CITA-Taxscan.jpg "19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]")
Income Tax Notices Sent via Email against Assessee's Request: ITAT Sets aside CIT(A)’s Ex Parte Order [Read Order]
The Ahmedabad “B” bench of Income Tax Appellate Tribunal ( ITAT ) in a recent case set aside an ex parte order passed against the appellant, noting that the notices were sent to the appellant through...
![Income Tax Notices Sent via Email against Assessees Request: ITAT Sets aside CIT(A)’s Ex Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-Income-Tax-Notices-Ex-Parte-Order-Taxscan.jpg "Income Tax Notices Sent via Email against Assessees Request: ITAT Sets aside CIT(A)’s Ex Parte Order [Read Order]")
Inadequate Inquiry into Rs. 9.30 Crore Property Investment: ITAT Upholds PCIT's Revision Order [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) of Ahmedabad in a recent case, upheld a revision order passed by the Principal Commissioner of Income Tax ( PCIT ) under Section 263 of Income Tax Act 1961,...
![Inadequate Inquiry into Rs. 9.30 Crore Property Investment: ITAT Upholds PCITs Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-ITAT-Upholds-PCIT-ITAT-Upholds-Revision-Order-Investment-Taxscan.jpg "Inadequate Inquiry into Rs. 9.30 Crore Property Investment: ITAT Upholds PCITs Revision Order [Read Order]")
![CIT(A)s Non-Speaking Order denies Assessee Fair Hearing: ITAT directs Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Delhi-ITAT-CITA-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Directs-Reassessment-Fair-Hearing-ITAT-NEWS-TAXSCAN.jpg "CIT(A)s Non-Speaking Order denies Assessee Fair Hearing: ITAT directs Reassessment [Read Order]")
Meeting requirements of section 148 of Income Tax Act eliminates need for Separate Notice u/s 143: ITAT [Read Order]
Income Tax Appellate Tribunal ( ITAT ) in a recent case held that meeting statutory requirements of Section 148 of Income Tax Act 1961 ( ITA ) eliminates the need for separate notice under section...
![Meeting requirements of section 148 of Income Tax Act eliminates need for Separate Notice u/s 143: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-ITA-section-148-of-Income-Tax-Act-Income-Tax-Act-ITAT-news-Income-tax-news-taxscan.jpg "Meeting requirements of section 148 of Income Tax Act eliminates need for Separate Notice u/s 143: ITAT [Read Order]")