![Addition based on mere Statements during Survey is Invalid without Tangible Materials: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/ITAT-Taxscan.jpg "Addition based on mere Statements during Survey is Invalid without Tangible Materials: ITAT [Read Order]")
Addition based on mere Statements during Survey is Invalid without Tangible Materials: ITAT [Read Order]
The ITAT Ahmedabad bench, in ‘DCIT v. M/s Real Strips Ltd, held that any additions based on mere statements during the survey are invalid without...
![Assessment can’t be Re-Opened for mere Non-Disclosure of method used for Calculation of Disallowance under Section 14A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Revisional-Assessment-Taxscan.jpg "Assessment can’t be Re-Opened for mere Non-Disclosure of method used for Calculation of Disallowance under Section 14A: ITAT [Read Order]")
No Addition since Assessment was framed by the AO on Non-Existent Amalgamated Company, not on the Amalgamating Company: ITAT [Read Order]
In the case of Genpact Infrastructure (Bhopal) Pvt. Ltd, Delhi bench of Income Tax Appellate Tribunal ( ITAT ) recently held that addition cannot be made since the assessment framed by the Assessing...
![No Addition since Assessment was framed by the AO on Non-Existent Amalgamated Company, not on the Amalgamating Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/ITAT-Taxscan.jpg "No Addition since Assessment was framed by the AO on Non-Existent Amalgamated Company, not on the Amalgamating Company: ITAT [Read Order]")
![Assessment cannot be Revised after issue of Certificate of Settlement: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Madras-High-Court-Taxscan.jpg "Assessment cannot be Revised after issue of Certificate of Settlement: Madras HC [Read Order]")
Assessment can’t be Re-Opened When there is No Failure on the part of Assessee to Disclose Material facts: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal recently declared that assessment cannot be re-opened by invoking sections 147/148 of the Income Tax Act when there is no failure on the part of the...
![Assessment can’t be Re-Opened When there is No Failure on the part of Assessee to Disclose Material facts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "Assessment can’t be Re-Opened When there is No Failure on the part of Assessee to Disclose Material facts: ITAT [Read Order]")
Mistake of Auditor who has Wrongly given the Figures and Made Wrong Observation can’t be basis for Assessment: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) has recently declared that addition merely on ground of mistake of the auditor has wrongly given the figures and made wrong observations is...
![Mistake of Auditor who has Wrongly given the Figures and Made Wrong Observation can’t be basis for Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/06/Auditor.jpg "Mistake of Auditor who has Wrongly given the Figures and Made Wrong Observation can’t be basis for Assessment: ITAT [Read Order]")
Assessment u/s 153C is without Jurisdiction When Documents Seized is not belonged to the Assessee: ITAT [Read Order]
While dismissing the appeal filed by the revenue the Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that assessment under Section 153C of the Income Tax Act without jurisdiction...
![Assessment u/s 153C is without Jurisdiction When Documents Seized is not belonged to the Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "Assessment u/s 153C is without Jurisdiction When Documents Seized is not belonged to the Assessee: ITAT [Read Order]")