![Swiss Account cannot be Taxed in India If no incriminating evidence found against Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Swiss-account-ITAT-Taxscan.jpg "Swiss Account cannot be Taxed in India If no incriminating evidence found against Assessee: ITAT [Read Order]")
Swiss Account cannot be Taxed in India If no incriminating evidence found against Assessee: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the Swiss account cannot be taxed in India if no incriminating evidence is found...
![Provision related to Revision of Orders Prejudicial to Revenue can’t be invoked for Computational Error: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Provision-Revision-of-orders-prejudicial-computational-error-ITAT-Taxscan.jpg "Provision related to Revision of Orders Prejudicial to Revenue can’t be invoked for Computational Error: ITAT [Read Order]")
![ITAT deletes Addition as Assessee Discharged Initial Onus to Prove Identity of Investor Companies, Creditworthiness, Genuineness of Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-Addition-Investor-Companies-Creditworthiness-Genuineness-of-Transaction-Taxscan.jpg "ITAT deletes Addition as Assessee Discharged Initial Onus to Prove Identity of Investor Companies, Creditworthiness, Genuineness of Transaction [Read Order]")
![Income Tax: PCIT can’t expand Limited Scrutiny while invoking Revisional Jurisdiction, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/PCIT-Limited-Scrutiny-Revisional-Jurisdiction-ITAT-Taxscan.jpg "Income Tax: PCIT can’t expand Limited Scrutiny while invoking Revisional Jurisdiction, says ITAT [Read Order]")
Income Tax: Addition against Wife can’t be made solely relying upon Statement of Husband Recorded u/s 131, rules ITAT
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the addition against the wife cannot be made solely relying upon statements of the husband recorded under section 131 of Income Tax...
No Adverse inference to be drawn if Shareholders failed to respond to Notice issued by AO: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench while deleting the addition ruled that no adverse inference to be drawn if shareholders failed to respond to the notice issued by the AO. The...
![No Adverse inference to be drawn if Shareholders failed to respond to Notice issued by AO: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/shareholders-notice-AO-ITAT-Taxscan.jpg "No Adverse inference to be drawn if Shareholders failed to respond to Notice issued by AO: ITAT deletes Addition [Read Order]")
![ITAT deletes disallowance made on account of CSR and SD expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-disallowance-CSR-and-and-SD-expenses.jpg "ITAT deletes disallowance made on account of CSR and SD expenses [Read Order]")
![Revisional Jurisdiction cant be invoked when Re-Assessment is Illegal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Revisional-Jurisdiction-Re-Assessment-ITAT-Taxscan.jpg "Revisional Jurisdiction cant be invoked when Re-Assessment is Illegal: ITAT [Read Order]")
![ITAT deletes Addition made on account of disallowing Long Term Capital Gains [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/ITAT-long-term-capital-gains-Taxscan.jpg "ITAT deletes Addition made on account of disallowing Long Term Capital Gains [Read Order]")
Entire Reassessment proceedings invalid, if assessee precluded from raising objection against Reopening of Assessment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the entire reassessment proceedings invalid, if assessee precluded from raising objection against reopening of the assessment. The...
![Entire Reassessment proceedings invalid, if assessee precluded from raising objection against Reopening of Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/reassessment-proceedings-assessee-reopening-of-the-assessment-ITAT-taxscan.jpeg "Entire Reassessment proceedings invalid, if assessee precluded from raising objection against Reopening of Assessment: ITAT [Read Order]")
![No Addition merely on ground that Investors shown Lower Income in their Tax Returns: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Investors-Lower-Income-Tax-Returns-ITAT-Taxscan.jpg "No Addition merely on ground that Investors shown Lower Income in their Tax Returns: ITAT [Read Order]")