![Addition on Additional Grounds are not Permissible if AO not make Addition on Primary Ground for Reopening Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/AO-Assessment-ITAT-taxscan.jpg "Addition on Additional Grounds are not Permissible if AO not make Addition on Primary Ground for Reopening Assessment: ITAT [Read Order]")
Addition on Additional Grounds are not Permissible if AO not make Addition on Primary Ground for Reopening Assessment: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal has held that addition on additional grounds are not permissible if Assessing Officer does not make...
![Third Party Statement alone not Incriminating Material for justifying Addition made in Assessment framed u/s 153A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Third-party-statement-material-assessment-ITAT-taxscan.jpeg "Third Party Statement alone not Incriminating Material for justifying Addition made in Assessment framed u/s 153A: ITAT [Read Order]")
![No Adjustment of Demand from Sanctioned Claim during Pendency of Demand Case before Tribunal: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Demand-Claim-Demand-Case-Tribunal-CESTAT-taxscan.jpeg "No Adjustment of Demand from Sanctioned Claim during Pendency of Demand Case before Tribunal: CESTAT [Read Order]")
![Defect of a belated Jurisdictional Notice is not Curable u/s 292B of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-Chennai-Jurisdictional-Notice-Income-Tax-Act-ITAT-Taxscan.jpeg "Defect of a belated Jurisdictional Notice is not Curable u/s 292B of the Income Tax Act: ITAT [Read Order]")
![Penalty u/s 271(1)(b) on Non-Appearance will not sustain on Completion of Scrutiny Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Penalty-Scrutiny-Assessment-ITAT-taxscan.jpeg "Penalty u/s 271(1)(b) on Non-Appearance will not sustain on Completion of Scrutiny Assessment: ITAT [Read Order]")
Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]
The Chennai Income Tax Appellate Tribunal (ITAT) presided by Mr. Mahavir Singh, Vice President and Mr. Manoj Kumar Aggarwal, Accountant Member has held that property purchased by coparceners of Hindu...
![Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Property-Purchased-HUF-Individual-Capacity-ITAT-Taxscan.jpg "Property Purchased by Coparceners of HUF in their Individual Capacity is Assessable u/s 64(2)(b): ITAT upholds Revision [Read Order]")
Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]
The Income Tax Appellate Tribunal, Chandigarh Bench has held that addition of part of cash deposit to total Income on surmises and conjectures and upholds the deletion of addition u/s 69A. ...
![Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Addition-Cash-Deposit-Total-Income-ITAT-taxscan.jpeg "Addition of Part of Cash Deposit to Total Income on Surmises and Conjectures: ITAT upholds deletion of Addition u/s 69A [Read Order]")
Reasonableness of Expenses to be judged from angle of Businessman rather than from angle of AO: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench, consisting of Anil Chaturvedi, Accountant Member, and Astha Chandra, Judicial Member held that reasonableness of expenses to be judged from the...
![Reasonableness of Expenses to be judged from angle of Businessman rather than from angle of AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Reasonableness-of-expenses-angle-of-businessman-angle-of-AO-ITAT.jpg "Reasonableness of Expenses to be judged from angle of Businessman rather than from angle of AO: ITAT [Read Order]")
Revenue Fails to provide Cross-Examination of Material Witness: ITAT Deletes Addition based on Statement of Witness [Read Order]
The Delhi bench of Income Tax Appellate Tribunal has deleted addition based on statement of witnesssince revenue fails to provide cross-examination of material witness. The appellant, Garg...
![Revenue Fails to provide Cross-Examination of Material Witness: ITAT Deletes Addition based on Statement of Witness [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Revenue-Cross-Examination-Material-Witness-ITAT-Statement-of-Witness-taxscan.jpeg "Revenue Fails to provide Cross-Examination of Material Witness: ITAT Deletes Addition based on Statement of Witness [Read Order]")
Amounts Credited in Books of Accounts Lack Genuineness: ITAT upholds Addition made u/s 68 [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal presided by Mr. Prashant Maharishi, AMand Mr. Sandeep Singh Karhail, JM has held that amounts credited in books of accounts lack genuineness and...
![Amounts Credited in Books of Accounts Lack Genuineness: ITAT upholds Addition made u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Amounts-Books-of-Accounts-ITAT-taxscan.jpg "Amounts Credited in Books of Accounts Lack Genuineness: ITAT upholds Addition made u/s 68 [Read Order]")
Scope of Limited Scrutiny is Confined: ITAT quashes Revision since Original Assessment was initiated to Cash Deposits during Demonetization [Read Order]
Quashing a revision order passed under section 263 of the Income Tax Act, 1961, the Income Tax Appellate Tribunal (ITAT), Jaipur bench has held that the scope of limited scrutiny is confined to its...
![Scope of Limited Scrutiny is Confined: ITAT quashes Revision since Original Assessment was initiated to Cash Deposits during Demonetization [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Scrutiny-ITAT-Assessment-Cash-Deposits-Demonetization-taxscan.jpg "Scope of Limited Scrutiny is Confined: ITAT quashes Revision since Original Assessment was initiated to Cash Deposits during Demonetization [Read Order]")
![Set Off of Business Loss by Showing Bogus Transactions: ITAT upholds Income Tax Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Business-Loss-Bogus-Transactions-ITAT-Income-Tax-Penalty-taxscan.jpeg "Set Off of Business Loss by Showing Bogus Transactions: ITAT upholds Income Tax Penalty [Read Order]")