![Scrap Dealer Gets Second Chance: ITAT Orders Fresh Hearing After ₹3.84 Crore Tax Dispute Dismissed Without Merit Review [Read Order]](https://images.taxscan.in/h-upload/2025/07/24/500x300_2068430-scrap-dealer-gets-second-chance-scrap-dealer-itat-itat-orders-fresh-hearing-taxscan.webp "Scrap Dealer Gets Second Chance: ITAT Orders Fresh Hearing After ₹3.84 Crore Tax Dispute Dismissed Without Merit Review [Read Order]")
Scrap Dealer Gets Second Chance: ITAT Orders Fresh Hearing After ₹3.84 Crore Tax Dispute Dismissed Without Merit Review [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench, has granted relief to a Maharashtra-based scrap dealer by directing a fresh hearing in his ...
![Kerala Co-op Bank Secures Tax Win: ITAT allows ₹16.5 Lakh Deduction u/s 80P [Read Order]](https://images.taxscan.in/h-upload/2025/07/24/250x150_2068425-cooperative-bank-deduction-itat-taxscan.webp "Kerala Co-op Bank Secures Tax Win: ITAT allows ₹16.5 Lakh Deduction u/s 80P [Read Order]")
![Valuation Report for Cost of Acquisition in LTCG Computation Accepted: ITAT Directs Re-Computation of ₹104.27 Lakh Gains [Read Order]](https://images.taxscan.in/h-upload/2025/07/23/250x150_2068083-valuation-report-valuation-report-for-cost-of-acquisition-cost-of-acquisition-taxscan.webp "Valuation Report for Cost of Acquisition in LTCG Computation Accepted: ITAT Directs Re-Computation of ₹104.27 Lakh Gains [Read Order]")
![No Merit in Assessee’s Objection of Lack of Hearing Opportunity u/s 144A: ITAT Upholds Income Tax Assessment on Best Judgment by AO [Read Order]](https://images.taxscan.in/h-upload/2025/07/23/250x150_2068138-income-tax-assessment-taxscan.webp "No Merit in Assessee’s Objection of Lack of Hearing Opportunity u/s 144A: ITAT Upholds Income Tax Assessment on Best Judgment by AO [Read Order]")
![Kerala HC Stays Recovery Proceedings for One Month as Petitioners Shift Appeals to Tribunal u/s 253(1)(d) [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/250x150_2067071-kerala-hc-kerala-hc-stays-recovery-proceedings-recovery-proceedings-taxscan.webp "Kerala HC Stays Recovery Proceedings for One Month as Petitioners Shift Appeals to Tribunal u/s 253(1)(d) [Read Order]")
![ITAT Weekly Round -Up [ July 13th - July 19th ]](https://images.taxscan.in/h-upload/2025/07/21/500x300_2066915-itat-weekly-round-up-weekly-round-up-round-up-itat-weekly-round-up-2025-taxscan.webp "ITAT Weekly Round -Up [ July 13th - July 19th ]")
ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) held the reassessment proceedings void ab initio as the notice under Section 148 of Income Tax Act,1961,was issued beyond the three-year...
![ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/500x300_2066846-itat-itat-holds-reassessment-notice-reassessment-notice-taxscan.webp "ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]")
AO made One Sided Addition u/s 68 without Examining Evidence: ITAT Remits ₹7.17 Matter for Fresh Adjudication [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has set aside an addition of Rs. 7,17,35,323/- made under Section 68 and directed the Assessing Officer (AO) to conduct a fresh ...
![AO made One Sided Addition u/s 68 without Examining Evidence: ITAT Remits ₹7.17 Matter for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065739-examining-evidence-itat-evidence-taxscan.webp "AO made One Sided Addition u/s 68 without Examining Evidence: ITAT Remits ₹7.17 Matter for Fresh Adjudication [Read Order]")
Gross Negligence of Accountant Not a Ground for Condonation: ITAT Dismisses Income Tax Appeal with 477-Day Delay [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) dismissed an appeal filed by a charitable trust with a delay of 477 days and ruled that gross negligence on the part of the ...
![Gross Negligence of Accountant Not a Ground for Condonation: ITAT Dismisses Income Tax Appeal with 477-Day Delay [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065787-gross-negligence-of-accountant-gross-negligence-accountant-not-a-ground-for-condonation-taxscan.webp "Gross Negligence of Accountant Not a Ground for Condonation: ITAT Dismisses Income Tax Appeal with 477-Day Delay [Read Order]")
Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal ( ITAT ) restored the appeal of Tapas Kumar Chanda to the Commissionerof Income Tax (Appeals)[ CIT(A) ] with a direction to grant one more ...
![Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065641-cash-deposit-cash-deposit-addition-cash-deposit-addition-of-9-lakh-itat-itat-remands-taxscan.webp "Cash Deposit Addition of ₹9 Lakh: ITAT Remands With One More Opportunity For Production of Documentary Evidence [Read Order]")
ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AO's Reliance on Unverified STR Information [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of an addition of Rs. 11,73,52,801 made by the Assessing Officer (AO) as unexplained cash credits under Section 68 and...
![ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065627-itat-itat-upholds-deletion-unexplained-cash-credit-cash-credit-addition-citing-aos-reliance-taxscan.webp "ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]")
Total Income 100% Tax-Exempt if S.80P Deduction Allowed: ITAT dismisses appeal noting No Effect on Disallowances [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the appeal, noting that disallowances made by the Assessing Officer (AO) had no tax effect as the assessee was already...
![Total Income 100% Tax-Exempt if S.80P Deduction Allowed: ITAT dismisses appeal noting No Effect on Disallowances [Read Order]](https://images.taxscan.in/h-upload/2025/07/18/500x300_2065030-total-income-tax-exempt-if-s80p-deduction-allowed-tax-exempt-deduction-itat-itat-dismisses-appeal-taxscan.webp "Total Income 100% Tax-Exempt if S.80P Deduction Allowed: ITAT dismisses appeal noting No Effect on Disallowances [Read Order]")