![Non-Compliance Due to Notice for Seven AYs Issued in Short Period: ITAT Deletes 6 Penalties, Upholds Only One [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Non-Compliance-6-Penalties-Seven-AYs-ITAT-Deletes-ITAT-Surat-year-penalty-Short-Period-taxscan.jpg "Non-Compliance Due to Notice for Seven AYs Issued in Short Period: ITAT Deletes 6 Penalties, Upholds Only One [Read Order]")
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...
![CIT(A) Rejects Appeal without Merit Discussion: ITAT remits Case for Fresh Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CIT-CIT-Rejects-Merit-Discussion-ITAT-ITAT-Remits-Case-for-Fresh-Hearing-Delhi-Bench-of-Income-Tax-Appellate-Tribunal-Income-Tax-Appellate-Tribunal-Section-143-Section-254-taxpayer-Taxscan.jpg "CIT(A) Rejects Appeal without Merit Discussion: ITAT remits Case for Fresh Hearing [Read Order]")
![CIT(A) Makes Addition Without Considering NRIs Only 50% Ownership Claim in Property: ITAT Remands Matter for Proper Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CIT-CITA-Makes-Addition-Without-Considering-NRIs-ITAT-ITAT-Remands-Matter-for-Proper-Hearing-Ahmedabad-Bench-of-the-Income-Tax-Appellate-Tribunal-Income-Tax-Act-capital-gains-TAXSCAN.jpg "CIT(A) Makes Addition Without Considering NRIs Only 50% Ownership Claim in Property: ITAT Remands Matter for Proper Hearing [Read Order]")
![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]")
![ITAT upholds AOs Disallowance of STCL Due to Adjustment already made in Previous AY but Deletes Penalty Citing Lack of Justification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Upholds-STCL-AOs-Disallowance-STCL-Due-to-Adjustment-Income-Tax-Appellate-Tribunal-previous-assessment-year-Commissioner-of-Tax-Taxscan.jpg "ITAT upholds AOs Disallowance of STCL Due to Adjustment already made in Previous AY but Deletes Penalty Citing Lack of Justification [Read Order]")
Relief to Huawei: Delhi HC Rules AY 2013-14 Assessment Time-Barred Due to Inaction After ITAT's Remand [Read Order]
In the recent ruling,the High Court of Delhi granted relief to Huawei Telecommunications India, ruling that the assessment for the assessment year(AY) 2013-14 was time-barred due to inaction by the...
No Penalty if Assessee Discloses Genuine LTCG Amount: ITAT Deletes Income Tax Penalty finding Reasonable Cause for S.269SS Non-Compliance [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore recently held that no penalty may be levied on an Assessee if they have made genuine disclosure of their Long Term Capital Gains (LTCG) while...
![No Penalty if Assessee Discloses Genuine LTCG Amount: ITAT Deletes Income Tax Penalty finding Reasonable Cause for S.269SS Non-Compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-Appellate-Tribunal-Income-Tax-Appellate-Tribunal-Bangalore-ITAT-Bangalore-LTCG-LTCG-Amount-ITAT-Deletes-Income-Tax-Penalty-Commissioner-of-Income-Taxes-CIT-Taxscan.jpg "No Penalty if Assessee Discloses Genuine LTCG Amount: ITAT Deletes Income Tax Penalty finding Reasonable Cause for S.269SS Non-Compliance [Read Order]")
Petitioners Entitled to Prior Notice Before Adverse Conclusion on Capital Gains Account: Madras HC quashes Assessment Order [Read Order]
In a recent ruling, the Madras High Court quashed the assessment order and held that petitioners were entitled to prior notice before the department arrived at an adverse conclusion on the capital...
![Petitioners Entitled to Prior Notice Before Adverse Conclusion on Capital Gains Account: Madras HC quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Madras-HC-quashes-Assessment-order-Capital-Gains-Account-Conclusion-on-Capital-Gains-Account-Madras-High-Court-assessment-order-Assessment-Year-2014-2015-Pahilajrai-Lund-Taxscan.jpg "Petitioners Entitled to Prior Notice Before Adverse Conclusion on Capital Gains Account: Madras HC quashes Assessment Order [Read Order]")
ITAT Dismisses Appeal as Withdrawn Following Application Under Vivad Se Vishwas Scheme [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) dismissed the appeal filed by the assessee following a request for withdrawal due to the application under the Vivad Se Vishwas Scheme 2024....
![ITAT Dismisses Appeal as Withdrawn Following Application Under Vivad Se Vishwas Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Dismisses-Appeal-Vivad-Se-Vishwas-Scheme-Ahmedabad-Bench-of-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Income-tax-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "ITAT Dismisses Appeal as Withdrawn Following Application Under Vivad Se Vishwas Scheme [Read Order]")
ITAT upholds CIT(A)'s Rs. 3L Disallowance of Gift, Boni, and Chandla Expenses due to Inadequate Documentation [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]'s disallowance of Rs. 3,00,000 out of Rs. 16,32,609 claimed for gift, boni, and...
![ITAT upholds CIT(A)s Rs. 3L Disallowance of Gift, Boni, and Chandla Expenses due to Inadequate Documentation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-CITA-Disallowance-of-Gift-Boni-Chandla-Expenses-Inadequate-Documentation-taxscan.jpg "ITAT upholds CIT(A)s Rs. 3L Disallowance of Gift, Boni, and Chandla Expenses due to Inadequate Documentation [Read Order]")