![ITAT Remands Case to CIT(A) Due to Incorrect Filing Date of Income Tax Return [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Return-ITAT-Income-Tax-Commissioner-TAXSCAN.jpg "ITAT Remands Case to CIT(A) Due to Incorrect Filing Date of Income Tax Return [Read Order]")
ITAT Remands Case to CIT(A) Due to Incorrect Filing Date of Income Tax Return [Read Order]
In the concerned case, the Cuttack bench of Income Tax Appellate Tribunal( ITAT ) partially allowed the appeal of the revenue appellant, by noting...
![ITAT allows Income Tax Exemptions u/s 80P, claimed by CIDCO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Mumbai-CIDCO-Income-Tax-Exemptions-Income-tax-Section-80P-80P2ai-income-tax-act-TAXSCAN.jpg "ITAT allows Income Tax Exemptions u/s 80P, claimed by CIDCO [Read Order]")
![None appeared on behalf of Assessee for Hearing 33 Time Consecutively: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-ITAT-dismisses-appeal-Income-Tax-Appellate-Tribunal-Non-appearance-of-the-assessee-taxscan.jpg "None appeared on behalf of Assessee for Hearing 33 Time Consecutively: ITAT dismisses Appeal [Read Order]")
![Settlement Commission Order cannot be Rectified u/s 154 of Income Tax Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Settlement-Commission-Order-Income-Tax-Act-under-Section-154-of-Income-tax-Act-under-Section-154-Madras-HC-Madras-High-Court-Assessing-Officer-taxscan-1.jpg "Settlement Commission Order cannot be Rectified u/s 154 of Income Tax Act: Madras HC [Read Order]")
![Addition u/s 68 of Income Tax Act deleted on Establishment of Source of Income: Calcutta HC upholds ITAT’s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-Calcutta-High-Court-ITAT-Order-Income-Tax-Act-Taxscan.jpg "Addition u/s 68 of Income Tax Act deleted on Establishment of Source of Income: Calcutta HC upholds ITAT’s Order [Read Order]")
Failure of CIT(A) to Properly Estimate Income and Profit: Calcutta HC sets aside ITAT Order [Read Order]
In a recent case, the Calcutta High Court set aside the order of the Income Tax Appellate Tribunal ( ITAT ) which affirms the Commissioner of Income Tax (Appeal)’s Order. It was found that the CIT(A)...
![Failure of CIT(A) to Properly Estimate Income and Profit: Calcutta HC sets aside ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-Income-Tax-Order-Income-and-Profit-under-ITAT-CIT-income-estimation-failure-TAXSCAN.jpg "Failure of CIT(A) to Properly Estimate Income and Profit: Calcutta HC sets aside ITAT Order [Read Order]")
No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has overturned an order regarding Concealment of Income, passed by the Commissioner of Income Taxes (Appeals) ( CIT(A) ) pertaining...
![No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Order-Income-Tax-Commissioner-Penalty-order-by-AO-TAXSCAN.jpg "No Concealment of Income: ITAT rebukes CIT(A) for sustaining Penalty Order by AO under Wrong Provisions [Read Order]")
ITAT upholds CIT (A) Ruling deleting Addition Made by AO on Bogus LTCG Due to Lack of Inquiry [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the revenue's appeal, upholding the Commissioner of Income Tax (Appeals) [ CIT(A) ]'s decision to delete the addition made by...
![ITAT upholds CIT (A) Ruling deleting Addition Made by AO on Bogus LTCG Due to Lack of Inquiry [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-ITAT-Upholds-CIT-A-Ruling-AO-Assessing-officer-Bogus-LTCG-taxscan.jpg "ITAT upholds CIT (A) Ruling deleting Addition Made by AO on Bogus LTCG Due to Lack of Inquiry [Read Order]")
Transfer of Assets of firm to Rural Area: ITAT allows Income Tax Exemptions u/s 54 G to assessee having Rs.1.22 crore Investment [Read Order]
The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, held that to claim exemption under Section 54 of the Income Tax Act, 1961, the assessee should have made investment in an undertaking that has...
![Transfer of Assets of firm to Rural Area: ITAT allows Income Tax Exemptions u/s 54 G to assessee having Rs.1.22 crore Investment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-Appellate-Tribunal-Income-Tax-Income-Tax-Exemptions-Tax-Exemptions-Section-54-of-the-Income-Tax-Act-ITAT-rajkot-taxscan.jpg "Transfer of Assets of firm to Rural Area: ITAT allows Income Tax Exemptions u/s 54 G to assessee having Rs.1.22 crore Investment [Read Order]")
Ex-Parte Dismissal without Adjudicating Unexplained Cash Deposits Unsustainable u/s 250(6): ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) set aside the Ex-Parte dismissal order by the Commissioner of Income Tax (Appeals) [ CIT(A)] without adjudicating the unexplained...
![Ex-Parte Dismissal without Adjudicating Unexplained Cash Deposits Unsustainable u/s 250(6): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Cash-Deposits-Taxable-Income-Absence-Evidence-Source-IT-Act-TAXSCAN.jpg "Ex-Parte Dismissal without Adjudicating Unexplained Cash Deposits Unsustainable u/s 250(6): ITAT [Read Order]")
Calcutta HC upholds ITAT's deletion of Income Tax Addition u/s 69 of the Income Tax Act due to lack of Direct Evidence against Assessee [Read Order]
The Calcutta HC in a recent case upheld the Income Tax Appellate Tribunal’s ( ITAT ) decision to delete Income tax addition made under section 69 of the Income Tax Act 1961 ( ITA ) due to lack of...
![Calcutta HC upholds ITATs deletion of Income Tax Addition u/s 69 of the Income Tax Act due to lack of Direct Evidence against Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-tax-act-Income-Tax-Appellate-Tribunal-Calcutta-HC-Section-69-Income-tax-act-taxscan.jpg "Calcutta HC upholds ITATs deletion of Income Tax Addition u/s 69 of the Income Tax Act due to lack of Direct Evidence against Assessee [Read Order]")
Community Service Contributions by Employer as per MOU with Workers Union is Business Expenditure, rules Bombay HC in Relief to Tata Engineering [Read Order]
The Bombay High Court recently ruled that contributions to a public welfare fund, if linked to the assessee's business or resulting in benefits to the business, should be eligible for deduction under...
![Community Service Contributions by Employer as per MOU with Workers Union is Business Expenditure, rules Bombay HC in Relief to Tata Engineering [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-Bombay-High-Court-Tata-Engineering-MOU-TAXSCAN.jpg "Community Service Contributions by Employer as per MOU with Workers Union is Business Expenditure, rules Bombay HC in Relief to Tata Engineering [Read Order]")