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ITAT Dismisses GE Steam Power System’s Appeal on opting for dispute Settlement under VSVS [Read Order]

Yogitha S. Yogesh

In a recent case, the Income Tax Appellate Tribunal (ITAT) dismsises the appeal filed by GE Steam Power Systems as it opted for dispute settlement...

ITR Filing - Pre-Filing Tasks - Chartered Accountants - taxscan

Checklist for Chartered Accountants: Pre-Filing Tasks for Accurate ITR Filing

Composite SCN u/s 74 of GST Act for Multiple Assessment Years Not Permissible: Kerala HC [Read...

ITAT Dismisses Income Tax Appeal After Opting for Vivad Se Vishwas Scheme [Read Order]

Delayed Credit of ESI/EPF Amounts: ITAT deletes Penalty on Assessee for Technical Glitches [Read...

Non-appearance due to communication made to former Accountant’s email: ITAT Remands matter to CIT(A) [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the matter back to the file of the Commissioner of Income Tax Appeals [ CIT( A ) ] for non-appearance as the communication...

Income Tax Annual Digest 2024: ITAT Cases [Part 16]

This annual round-up analytically summarizes all the Income Tax related Orders of the Income Tax Appellate Tribunal (ITAT) Benches of India reported at Taxscan.in during 2024. No Incriminating...

AO added Rs.89,49,138 u/s 69A as unexplained money, Taxpayer submitted paper book explaining each entries: ITAT Remands Matter for Reconsideration [Read Order]

The Ranchi Bench of Income Tax Appellate Tribunal (ITAT) remanded the addition of Rs. 89,49,138 under section 69A of the Income Tax Act matter back to the Commissioner of Income Tax (Appeals)...

Non-Compliance Due to Notice for Seven AYs Issued in Short Period: ITAT Deletes 6 Penalties, Upholds Only One [Read Order]

The Surat Bench of the Income Tax Appellate Tribunal (ITAT) deleted penalties levied on seven assessment years due to non-compliance citing all notices served in a short period and upheld only one...

CIT(A) Rejects Appeal without Merit Discussion: ITAT remits Case for Fresh Hearing [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal(ITAT) sent the case back to the Commissioner of Income Tax (Appeals) [CIT(A)] for a fresh hearing, as the CIT(A) had rejected the appeal in one...

CIT(A) Makes Addition Without Considering NRI's Only 50% Ownership Claim in Property: ITAT Remands Matter for Proper Hearing [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) remanded the matter concerning the addition made without considering the assessee being a Non-Resident Indian (NRI) had only 50%...

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) remanded the case to the Assessing Officer (AO) after finding that the 8% profit margin estimate on Aircel recharge coupon sales was too high....