![Failure to Issue Notice for Reassessment shall not be Curable u/s 292B of Income Tax Act: ITAT Quashes Reassessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Failure-Issue-Notice-Reassessment-Curable-Income-Tax-Act-ITAT-reassessment-order-TAXSCAN.jpg "Failure to Issue Notice for Reassessment shall not be Curable u/s 292B of Income Tax Act: ITAT Quashes Reassessment Order [Read Order]")
Failure to Issue Notice for Reassessment shall not be Curable u/s 292B of Income Tax Act: ITAT Quashes Reassessment Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench while quashing the reassessment order passed by the Assessing officer held that failure to...
![Interest Received u/s 28 of Land Acquisition Act on Enhanced Compensation is not Taxable being Part of Compensation: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Interest-Received-Interest-Land-Acquisition-Act-Land-Acquisition-Act-on-Enhanced-Compensation-is-not-Taxable-ITAT-deletes-Income-Tax-Addition-ITAT-Taxscan.jpg "Interest Received u/s 28 of Land Acquisition Act on Enhanced Compensation is not Taxable being Part of Compensation: ITAT deletes Income Tax Addition [Read Order]")
![Delayed Deposit of Employees Contribution to PF/ESIC is sufficient to make Income Tax Addition: ITAT rejects Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Delayed-deposit-of-employees-contribution-employees-contribution-PF-ESIC-income-tax-addition-ITAT-rejects-appeal-appeal.jpg "Delayed Deposit of Employees Contribution to PF/ESIC is sufficient to make Income Tax Addition: ITAT rejects Appeal [Read Order]")
![Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-Higher-Tax-Rate-Interest-Commercial-Expediency-Attracts-Disallowance-Income-Tax-Act-ITAT-TAXSCAN.jpg "Payment of Higher Tax Rate of Interest under Commercial Expediency Cannot Attracts any Disallowance u/s. 40A(2) of Income Tax Act: ITAT [Read Order]")
Assessment Order passed by AO u/s 144 of Income Tax Act Without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the assessment order under section 144 of the Income Tax Act,1961 without giving...
![Assessment Order passed by AO u/s 144 of Income Tax Act Without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Assessment-Order-Assessment-Order-passed-by-AO-Income-Tax-Act-Income-Tax-ITAT-Directs-Re-adjudication-taxscan.jpg "Assessment Order passed by AO u/s 144 of Income Tax Act Without Giving Sufficient Opportunity to Assessee: ITAT Directs Re-adjudication [Read Order]")
No Penalty can be Levied u/s 271D of Income Tax Act without any Evident Reason: ITAT dismisses Appeal [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that no penalty can be imposed under Section 271D of the Income Tax Act, 1961 without any evident reason. The Commissioner of...
![No Penalty can be Levied u/s 271D of Income Tax Act without any Evident Reason: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Penalty-No-Penalty-Income-Tax-Act-Evident-Reason-income-tax-act-taxscan.jpg "No Penalty can be Levied u/s 271D of Income Tax Act without any Evident Reason: ITAT dismisses Appeal [Read Order]")
Disallowance of Club Expenses on ground of Use of Expenses for Personal Benefit of Directors: ITAT Directs Re-adjudication [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the disallowance made on club expenses due to the use of expenses for the personal...
![Disallowance of Club Expenses on ground of Use of Expenses for Personal Benefit of Directors: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Disallowance-Club-Expenses-ground-Use-Expenses-Personal-Benefit-Directors-ITAT-Re-adjudication-TAXSCAN.jpg "Disallowance of Club Expenses on ground of Use of Expenses for Personal Benefit of Directors: ITAT Directs Re-adjudication [Read Order]")
Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that mere initiation of penalty proceedings cannot be challenged unless the formal order has been passed. The matter was called for...
![Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mere-initiation-Penalty-proceedings-challenged-unless-formal-order-passed-ITAT-dismisses-Appeal-TAXSCAN.jpg "Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]")
Relief to Steel Authority of India: ITAT directs to rework Disallowance made u/s 14 A without Following Directions made by CIT(A) [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) allowed relief to the Steel Authority of India by directing to rework disallowance made under Section 14A of the Income Tax Act, 1961...
![Relief to Steel Authority of India: ITAT directs to rework Disallowance made u/s 14 A without Following Directions made by CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Relief-to-Steel-Authority-of-India-ITAT-directs-to-rework-Disallowance-made-Directions-made-by-CITA-.jpg "Relief to Steel Authority of India: ITAT directs to rework Disallowance made u/s 14 A without Following Directions made by CIT(A) [Read Order]")
![ITAT sets aside Assessment Order passed without giving Opportunity to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Assessment-passed-without-Opportunity-Assessee-TAXSCAN.jpg "ITAT sets aside Assessment Order passed without giving Opportunity to Assessee [Read Order]")
Addition made by AO Without Considering Section 55A of Income Tax Act: ITAT Directs Re-adjudication [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal (ITAT) directed the assessing officer to re-adjudicate the addition made without considering section 55A of the Income Tax Act,1961. ...
![Addition made by AO Without Considering Section 55A of Income Tax Act: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Addition-AO-Income-Tax-Act-ITAT-Re-adjudication-TAXSCAN.jpg "Addition made by AO Without Considering Section 55A of Income Tax Act: ITAT Directs Re-adjudication [Read Order]")