![ITAT Deletes Disallowance of Cash Payments u/s 40A(3), Upholds Claims of Rule 6DD Exemptions on Property Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Deletes-Disallowance-of-Cash-Payments-Disallowance-of-Cash-Payments-Cash-Payments-Exemptions-on-Property-Transactions-Property-Transactions-taxscan.jpg "ITAT Deletes Disallowance of Cash Payments u/s 40A(3), Upholds Claims of Rule 6DD Exemptions on Property Transactions [Read Order]")
ITAT Deletes Disallowance of Cash Payments u/s 40A(3), Upholds Claims of Rule 6DD Exemptions on Property Transactions [Read Order]
In a recent ruling, the Jaipur bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of ₹8.36 lakh made by the AO under Section...
![Income Tax Annual Digest 2024: ITAT Cases [Part 24]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-Income-Tax-Part-24-ITAT-Cases-Part-24-site-image-1.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 24]")
![Disallowance of PF Damages u/s 14B of the PF Act: ITAT allows 40% as Compensatory, Disallows 60% as Penal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Disallowance-of-PF-PF-Damages-Disallowance-of-PF-Damage-PF-Act-Section-14B-of-the-PF-Act-Compensatory-taxscan.jpg "Disallowance of PF Damages u/s 14B of the PF Act: ITAT allows 40% as Compensatory, Disallows 60% as Penal [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 21]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-Income-Tax-Annual-Digest-2024-ITAT-ITAT-Cases-Part-21-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 21]")
![PACS Development Fund Contributions not Business Expense: ITAT upholds Disallownace Citing Binding Rajasthan High Court Precedent [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Jaipur-PACS-Development-Fund-PACS-Development-Business-Expense-Rajasthan-High-Court-Precedent-taxscan.jpg "PACS Development Fund Contributions not Business Expense: ITAT upholds Disallownace Citing Binding Rajasthan High Court Precedent [Read Order]")
ITAT Quashes Penalty under Section 271(1)(c), Directs AO to Reconsider Quantum Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench, quashed a penalty under Section 271(1)(c) of the Income Tax Act, 1961, and remanded the quantum addition case back to the Assessing Officer...
![ITAT Quashes Penalty under Section 271(1)(c), Directs AO to Reconsider Quantum Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Quashes-Penalty-ITAT-Quashes-Penalty-Quantum-Addition-Directs-AO-Reconsider-Quantum-Addition-ITAT-Quashes-Penalty-Under-Section-2711c-taxscan.jpg "ITAT Quashes Penalty under Section 271(1)(c), Directs AO to Reconsider Quantum Addition [Read Order]")
Agriculturist not Liable for Buyer's non-response to Tax Notice: ITAT Confirms Cash Deposits as Agricultural Income with Sale Bills and Land Records [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) ruled an agriculturist could not be held liable for the non-response of a third party to a tax notice. The tribunal confirmed that...
![Agriculturist not Liable for Buyers non-response to Tax Notice: ITAT Confirms Cash Deposits as Agricultural Income with Sale Bills and Land Records [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Agriculturist-Not-Liable-for-Buyers-Non-Response-to-Tax-Notice-Sale-Land-taxsscan.jpg "Agriculturist not Liable for Buyers non-response to Tax Notice: ITAT Confirms Cash Deposits as Agricultural Income with Sale Bills and Land Records [Read Order]")
Violation of Natural Justice for Lack of Hearing Opportunity: ITAT Remands Case to CIT(A) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) remanded the case to the Commissioner of Income Tax (Appeals) [CIT(A)] due to a violation of natural justice, as the appellant was not given...
ITAT remands case to Assessing Officer: Allows Assessee to furnish details for Unexplained Investment [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad bench, has remanded a case back to the Assessing Officer ( AO ) for further examination, allowing the assessee to furnish the necessary details...
![ITAT remands case to Assessing Officer: Allows Assessee to furnish details for Unexplained Investment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Remands-Case-Assessing-Officer-Unexplained-Investment-taxscan.jpg "ITAT remands case to Assessing Officer: Allows Assessee to furnish details for Unexplained Investment [Read Order]")
Disallowance of Rs.25.85 Lakh Purchases due to Lack of Documentation: ITAT reduces Addition to 12.5% [Read Order]
The Surat Bench of Income Tax Appellate Tribunal(ITAT) reduced the disallowance of Rs. 25.85 lakh worth of purchases, originally made due to lack of documentation, to 12.5%. Shamkant Gajmal...
![Disallowance of Rs.25.85 Lakh Purchases due to Lack of Documentation: ITAT reduces Addition to 12.5% [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Purchases-Due-Purchases-Due-to-Lack-of-Documentation-Lack-of-Documentation-Reduces-Addition-ITAT-Surat-taxscan.jpg "Disallowance of Rs.25.85 Lakh Purchases due to Lack of Documentation: ITAT reduces Addition to 12.5% [Read Order]")
AO added Rs.89,49,138 u/s 69A as unexplained money, Taxpayer submitted paper book explaining each entries: ITAT Remands Matter for Reconsideration [Read Order]
The Ranchi Bench of Income Tax Appellate Tribunal (ITAT) remanded the addition of Rs. 89,49,138 under section 69A of the Income Tax Act matter back to the Commissioner of Income Tax (Appeals)...
![AO added Rs.89,49,138 u/s 69A as unexplained money, Taxpayer submitted paper book explaining each entries: ITAT Remands Matter for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Section-69A-unexplained-money-Taxpayer-submitted-paper-book-ITAT-Remands-Matter-Assessing-Officer-AO-taxscan.jpg "AO added Rs.89,49,138 u/s 69A as unexplained money, Taxpayer submitted paper book explaining each entries: ITAT Remands Matter for Reconsideration [Read Order]")
Section 153C Assessment Quashed: ITAT Holds Search-Based Additions Invalid Without Incriminating Material [Read Order]
Delhi Bench of Income Tax Appellate Tribunal (ITAT), quashed the assessment orders for the Assessment Years (AYs) 2011-12 to 2016-17 due to Jurisdictional issues as well as held that the search...
![Section 153C Assessment Quashed: ITAT Holds Search-Based Additions Invalid Without Incriminating Material [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Section-153C-Assessment-Quashed-Search-Based-Additions-Incriminating-Material-taxscan.jpg "Section 153C Assessment Quashed: ITAT Holds Search-Based Additions Invalid Without Incriminating Material [Read Order]")