![Relief for Adani Power: ITAT Invalidates Revision Order Passed Against Non-Existent Entity [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Adani-Power-limited-Income-Tax-Income-tax-re-assessment-Delay-in-filing-SLP-Taxscan.jpg "Relief for Adani Power: ITAT Invalidates Revision Order Passed Against Non-Existent Entity [Read Order]")
Relief for Adani Power: ITAT Invalidates Revision Order Passed Against Non-Existent Entity [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has set aside a revision order passed by the Principal Commissioner of Income Tax...
![ITAT Directs AO to Revisit Penalty Proceedings After Completion of de novo assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/De-novo-Assessment.jpg "ITAT Directs AO to Revisit Penalty Proceedings After Completion of de novo assessment [Read Order]")
![Non Disclosure of Funds Routed through Tax Havens: Bombay HC upholds Income Tax Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/incometax-reassessment-proceedings-TAXSCAN.jpg "Non Disclosure of Funds Routed through Tax Havens: Bombay HC upholds Income Tax Reassessment Proceedings [Read Order]")
![Mere Confession Of Assessee Not Enough for Conviction Without Credible Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Income-tax-Income-tax-news-Tax-news-Corroborative-Evidence-taxscan.jpg "Mere Confession Of Assessee Not Enough for Conviction Without Credible Evidence: ITAT [Read Order]")
![ITAT rejects Price-Rigging Allegations on Penny Stock Transactions Due to Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/penny-stock-site-img.jpg "ITAT rejects Price-Rigging Allegations on Penny Stock Transactions Due to Lack of Evidence [Read Order]")
ITAT Condoned Delay in Oriental Bank’s Tax Appeal Due to Merger, Sets Aside CIT(A) Ex Parte Order for Ignoring Crucial TDS Evidence [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the ex parte order passed by the Commissioner of Income Tax (Appeals) CIT(A) in the case of Oriental Bank of Commerce...
![ITAT Condoned Delay in Oriental Bank’s Tax Appeal Due to Merger, Sets Aside CIT(A) Ex Parte Order for Ignoring Crucial TDS Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Condoned-Delay-site-img.jpg "ITAT Condoned Delay in Oriental Bank’s Tax Appeal Due to Merger, Sets Aside CIT(A) Ex Parte Order for Ignoring Crucial TDS Evidence [Read Order]")
Written Down Assets of Constituent Companies can be adjusted by Amalgamated Company Without Central Govt Approval: Bombay HC [Read Order]
The Bombay High Court stated that amalgamated company can adjust written down of assets of amalgamating companies and claim depreciation without central government's approval. The appellant...
![Written Down Assets of Constituent Companies can be adjusted by Amalgamated Company Without Central Govt Approval: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Amalgamated-company-HC-TAXSCAN.jpg "Written Down Assets of Constituent Companies can be adjusted by Amalgamated Company Without Central Govt Approval: Bombay HC [Read Order]")
Reassessment Without Proper Consideration of Evidence: ITAT Restores Rs.15.88 Lakh Addition for Fresh Verification [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) restored a reassessment case to the Assessing Officer (AO) observing that the AO failed to properly consider the documentary evidence...
![Reassessment Without Proper Consideration of Evidence: ITAT Restores Rs.15.88 Lakh Addition for Fresh Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/reassessment-site-img-1.jpg "Reassessment Without Proper Consideration of Evidence: ITAT Restores Rs.15.88 Lakh Addition for Fresh Verification [Read Order]")
ITAT rejects Income Tax Department’s Algorithm-Based Tax Addition in Cash Deposit Made During Demonetization Period [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) [CIT(A)]’s decision to delete the ₹1.63 crore addition made by the...
![ITAT rejects Income Tax Department’s Algorithm-Based Tax Addition in Cash Deposit Made During Demonetization Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Cash-Deposits-during-Demonetization.jpg "ITAT rejects Income Tax Department’s Algorithm-Based Tax Addition in Cash Deposit Made During Demonetization Period [Read Order]")
Approval Memo u/s 153D Silent on Issues Involved not Sustainable in Law: ITAT quashes ₹32L Income Tax Addition [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) has quashed an assessment order on the ground of an erroneous and non-speaking approval granted by the Additional Commissioner of Income Tax...
![Approval Memo u/s 153D Silent on Issues Involved not Sustainable in Law: ITAT quashes ₹32L Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Memo-site-img.jpg "Approval Memo u/s 153D Silent on Issues Involved not Sustainable in Law: ITAT quashes ₹32L Income Tax Addition [Read Order]")
![Opportunity of Being Heard Must be Provided: ITAT Remits Ex-Parte Order to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Ex-parte-Dismissal-Lack-of-Consideration-ITAT-remands-CITA-taxscan.jpg "Opportunity of Being Heard Must be Provided: ITAT Remits Ex-Parte Order to AO [Read Order]")
![Failure to Adjudicate AO’s Jurisdictional Grounds: ITAT Remands Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Adjudication.jpg "Failure to Adjudicate AO’s Jurisdictional Grounds: ITAT Remands Matter to CIT(A) [Read Order]")