![ITAT Allows 80JJAA Deduction Despite Delay in Filing Form 10DA, Terms It Procedural [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/2059124-itat-itat-allows-80jjaa-deduction-deduction-deduction-despite-delay-taxscan.webp "ITAT Allows 80JJAA Deduction Despite Delay in Filing Form 10DA, Terms It Procedural [Read Order]")
ITAT Allows 80JJAA Deduction Despite Delay in Filing Form 10DA, Terms It Procedural [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT) allowed the claim for deduction under Section 80JJAA of Income Tax Act,1961, despite a...
![Business Receipts Is Substantiated Source of Cash Deposit: ITAT overturns ₹5.01 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/2059947-business-receipts-is-substantiated-source-business-receipts-substantiated-source-taxscan.webp "Business Receipts Is Substantiated Source of Cash Deposit: ITAT overturns ₹5.01 Lakh Addition [Read Order]")
![ITAT Dismisses Rs. 6.80 Cr Addition u/s 69A as Finds Transactions Duly Recorded and Explained by Assessee [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/2059942-itat-itat-dismisses-rs-680-cr-addition-addition-of-section-69a-transactions-duly-taxscan.webp "ITAT Dismisses Rs. 6.80 Cr Addition u/s 69A as Finds Transactions Duly Recorded and Explained by Assessee [Read Order]")
![Co-op Bank Fails to Prove Identity and Creditworthiness of Depositors: ITAT upholds S. 68 addition and dismisses claim u/s 80P(2)(i)(a) [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/2059912-co-op-bank-fails-to-prove-identity-and-creditworthiness-co-op-bank-fails-to-prove-identity-taxscan.webp "Co-op Bank Fails to Prove Identity and Creditworthiness of Depositors: ITAT upholds S. 68 addition and dismisses claim u/s 80P(2)(i)(a) [Read Order]")
![ITAT Remands Case After Assessee Submits Cash Summaries, Audit Report, and Valuation Documents for Reconsideration [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/2059890-itat-itat-remands-case-itat-remands-case-after-assessee-submits-cash-summaries-taxscan.webp "ITAT Remands Case After Assessee Submits Cash Summaries, Audit Report, and Valuation Documents for Reconsideration [Read Order]")
CIT(A) Ignores Reply & Computation Showing Income Variation: ITAT Remands for Denovo Adjudication [Read Order]
The Indore Bench of the Income Tax Appellate Tribunal (ITAT) in its recent ruling set aside an order passed by theCommissioner of Income Tax (Appeals) ( CIT(A) ) and remanded the matter for denovo...
![CIT(A) Ignores Reply & Computation Showing Income Variation: ITAT Remands for Denovo Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/2059825-cita-cita-ignores-reply-computation-showing-income-variation-showing-income-variation-taxscan.webp "CIT(A) Ignores Reply & Computation Showing Income Variation: ITAT Remands for Denovo Adjudication [Read Order]")
![ITAT Weekly Round-Up [ June 26th - July 5th ]](https://images.taxscan.in/h-upload/2025/07/05/2059516-itat-weekly-round-up-weekly-round-up-round-up-itat-weekly-round-up-for-june-taxscan.webp "ITAT Weekly Round-Up [ June 26th - July 5th ]")
Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AO's Changed Opinion on Forex Gains [Read Order]
In a recent ruling, the Madras High Court quashed the reopening of Hyundai Motor India Ltd’s income tax assessment, stating that the action was based merely on a change of opinion by the Assessing...
![Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AOs Changed Opinion on Forex Gains [Read Order]](https://images.taxscan.in/h-upload/2025/07/03/2058629-relief-for-hyundai-hyundai-madras-hc-madras-hc-rules-taxscan.webp "Relief for Hyundai: Madras HC Rules Income Tax Assessment Cannot Be Reopened Just for AOs Changed Opinion on Forex Gains [Read Order]")
![ITAT WEEKLY ROUND-UP [ June 21st - 27th ]](https://images.taxscan.in/h-upload/2025/07/03/2058414-itat-weekly-round-up-june-21st-27th-.webp "ITAT WEEKLY ROUND-UP [ June 21st - 27th ]")
Telescoping of Unaccounted Payments against Unaccounted Receipts is valid when they are Business-Related: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) held that unaccounted payments can be telescoped against unaccounted receipts to determine the real income of an assessee, provided...
![Telescoping of Unaccounted Payments against Unaccounted Receipts is valid when they are Business-Related: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/02/2057957-unaccounted-receipt.webp "Telescoping of Unaccounted Payments against Unaccounted Receipts is valid when they are Business-Related: ITAT [Read Order]")
![Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/02/2057888-unaccounted-receipts.webp "Only Profit Embedded in Unaccounted Receipts can be Taxed, Not the Entire Receipts: ITAT [Read Order]")