![Survey Reveals Undisclosed Income: ITAT Demands Verification of Tax Applicability u/s 115BBE [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Survey-Reveals-Undisclosed-Income-ITAT-ITAT-Demands-ITAT-Demands-Verification-of-Tax-Applicability-reassessment-of-income-tax-returns-income-tax-income-tax-news-Undisclosed-Income-Taxscan.jpg "Survey Reveals Undisclosed Income: ITAT Demands Verification of Tax Applicability u/s 115BBE [Read Order]")
Survey Reveals Undisclosed Income: ITAT Demands Verification of Tax Applicability u/s 115BBE [Read Order]
In a recent ruling, the Jaipur bench of the Income Tax Appellate Tribunal (ITAT) remanded the case back to the assessing officer (AO), asserting the...
![Setback to Titan as ITAT confirms Legality of Reopening Assessment u/s 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Income-Tax-Income-Tax-Appellate-Tribunal-Reopening-Assessment-TAXSCAN.jpg "Setback to Titan as ITAT confirms Legality of Reopening Assessment u/s 147 [Read Order]")
![Non Filing of appeal within time provided u/s 107 of CGST Act: Patna HC Directs to Consider Appeal relying on GST notification for condoning delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/GST-GST-Act-Patna-HC-CGST-Act-GST-filing-filing-appeal-in-GST-TAXSCAN.jpg "Non Filing of appeal within time provided u/s 107 of CGST Act: Patna HC Directs to Consider Appeal relying on GST notification for condoning delay [Read Order]")
![Denial of Rs. 50,000 Basic Deduction u/s 80P(2)(c) to Co-operative Society: ITAT Orders Grant of Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-TAXSCAN-2.jpg "Denial of Rs. 50,000 Basic Deduction u/s 80P(2)(c) to Co-operative Society: ITAT Orders Grant of Deduction [Read Order]")
![AO Must Probe Partners Creditworthiness, not the Firms, when Capital Contribution is in Doubt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/AO-Creditworthiness-Capital-Contribution-taxscan.jpg "AO Must Probe Partners Creditworthiness, not the Firms, when Capital Contribution is in Doubt: ITAT [Read Order]")
![No Additions Can Be Made Without Incriminating Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/No-Addition-Incriminating-Evidence-ITAT-assessee-appealed-to-the-CIT-CIT-Central-Board-of-Direct.jpg "No Additions Can Be Made Without Incriminating Evidence: ITAT [Read Order]")
Write-off of Rs. 8,002 on Non-Recoverable Employee Advances Allowed as Business Expense u/s 37: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)allowed the write-off of Rs. 8,002 on non-recoverable employee advances as a deductible business expense under Section 37 of the Income Tax...
![Write-off of Rs. 8,002 on Non-Recoverable Employee Advances Allowed as Business Expense u/s 37: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Business-Expense-Ahmedabad-Bench-of-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-non-recoverable-employee-advances-Income-Tax-Income-Tax-Appellate-Tribunal-Taxscan-1.jpg "Write-off of Rs. 8,002 on Non-Recoverable Employee Advances Allowed as Business Expense u/s 37: ITAT [Read Order]")
![Unexplained Cash Deposits from Dairy Business: ITAT Sets Aside Ex-Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-Dairy-Business-Cash-Deposits-cases-TAXSCAN.jpg "Unexplained Cash Deposits from Dairy Business: ITAT Sets Aside Ex-Parte Order [Read Order]")
No Material to Reject Contention that GST Order Not Reflecting under "View notices and orders" Tab: Allahabad HC Directs Issue Fresh Notice [Read Order]
The Allahabad High Court observed that there is no material to reject the argument of the assessee that the Goods and Services Tax ( GST ) order is not reflecting under "View notices and orders" Tab....
![No Material to Reject Contention that GST Order Not Reflecting under View notices and orders Tab: Allahabad HC Directs Issue Fresh Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/GST-Allahabad-High-Court-Goods-and-Services-Tax-Allahabad-HC-decision-on-GST-TAXSCAN.jpg "No Material to Reject Contention that GST Order Not Reflecting under View notices and orders Tab: Allahabad HC Directs Issue Fresh Notice [Read Order]")
ITAT Sets Aside Ex-Parte Order, Remands Case for Reassessment Due to Non-Compliance and Lack of Proper Opportunity for Hearing [Read Order]
Recently, the Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) set aside an ex-parte order and remanded a case to the Assessing Officer (AO) for reassessment as the assessee was denied a...
![ITAT Sets Aside Ex-Parte Order, Remands Case for Reassessment Due to Non-Compliance and Lack of Proper Opportunity for Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Remands-Case-for-Reassessment-Non-Compliance-and-Lack-of-Proper-Opportunity-Opportunity-for-Hearing-National-Faceless-Appeal-Centre-Assessing-Officer-Income-Tax-Appellate-Tribunal-Taxscan.jpg "ITAT Sets Aside Ex-Parte Order, Remands Case for Reassessment Due to Non-Compliance and Lack of Proper Opportunity for Hearing [Read Order]")
Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]
The Delhi High Court, in a recent decision, remanded a case to the Assessing Officer ( AO ) for a fresh assessment of a case relating to held-to-maturity ( HTM ) securities. The petitioner, Punjab...
![Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-Delhi-High-Court-Income-Tax-Act-Punjab-National-Bank-TAXSCAN.jpg "Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]")
Challenge Against AO's 8% Profit Margin Estimation on Aircel Recharge Coupon Sales: ITAT Remands Case [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT)Â remanded the case to the Assessing Officer (AO) after finding that the 8% profit margin estimate on Aircel recharge coupon sales was too high....
![Challenge Against AOs 8% Profit Margin Estimation on Aircel Recharge Coupon Sales: ITAT Remands Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Audit-Report-ITAT-Submission-of-Audit-Report-Ahmedabad-Bench-of-the-Income-Tax-Appellate-Tribunal-Income-Tax-Appellate-Tribunal-submission-of-the-audit-report-Assessing-Officer-Taxcan-1.jpg "Challenge Against AOs 8% Profit Margin Estimation on Aircel Recharge Coupon Sales: ITAT Remands Case [Read Order]")