![Mere Determination of Income based on Surmise and Conjecture is Grossly Illegal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mere-Determination-of-Income-based-on-Surmise-and-Conjecture-is-Grossly-Illegal-ITAT-TAXSCAN.jpg "Mere Determination of Income based on Surmise and Conjecture is Grossly Illegal: ITAT [Read Order]")
Mere Determination of Income based on Surmise and Conjecture is Grossly Illegal: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that mere determination of the income based on surmise and conjecture is grossly...
![ITAT upholds addition made on account of Unverifiable Unsecured loan due to failure to Prove Creditworthiness of Lenders [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-upholds-addition-made-on-account-of-Unverifiable-Unsecured-loan-due-to-failure-to-Prove-Creditworthiness-of-Lenders-TAXSCAN.jpg "ITAT upholds addition made on account of Unverifiable Unsecured loan due to failure to Prove Creditworthiness of Lenders [Read Order]")
![Payment Made for Employees Contribution after Due Date cannot be Allowed as Deduction : ITAT Directs to Restrict Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Payment-Made-for-Employees-Contribution-after-Due-Date-cannot-be-Allowed-as-Deduction-ITAT-Directs-to-Restrict-Disallowance-.jpg "Payment Made for Employees Contribution after Due Date cannot be Allowed as Deduction : ITAT Directs to Restrict Disallowance [Read Order]")
![Management Support Services provided to various Hotels in India are not FTS as per Article 12(4) of India-Singapore DTAA: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Management-Support-Services-Management-Support-Services-provided-to-various-Hotels-in-India-FTS-India-Singapore-DTAA-DTAA-ITAT-deletes-Addition-ITAT-Addition-Taxscan.jpg "Management Support Services provided to various Hotels in India are not FTS as per Article 12(4) of India-Singapore DTAA: ITAT deletes Addition [Read Order]")
![No Income Tax Addition without Examination of Documents Furnished by Assessee, on Ground of No Response to Notice Issued by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Income-Tax-Addition-Income-Tax-Addition-No-Income-Tax-Addition-without-Examination-of-Documents-Examination-of-Documents-Furnished-by-Assessee-No-Response-to-Notice-Issued-by-AO-ITAT-Taxscan.jpg "No Income Tax Addition without Examination of Documents Furnished by Assessee, on Ground of No Response to Notice Issued by AO: ITAT [Read Order]")
Deduction u/s 80P of Income Tax Act shall not be allowed on Interest Income earned from Nationalized Banks: ITAT upholds CIT(A) Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench while upholding the order of Commissioner of Income Tax (Appeal) held that deduction under Section 80P of Income Tax Act, 1961 should not be...
![Deduction u/s 80P of Income Tax Act shall not be allowed on Interest Income earned from Nationalized Banks: ITAT upholds CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Deduction-Income-Tax-Act-shall-not-be-allowed-on-Interest-Income-earned-from-Nationalized-Banks-ITAT-Upholds-CITA-order-TAXSCAN.jpg "Deduction u/s 80P of Income Tax Act shall not be allowed on Interest Income earned from Nationalized Banks: ITAT upholds CIT(A) Order [Read Order]")
Disallowances can't be made u/s 14A of Income Tax Act Earnings from Exempt Income: ITAT deleted the Addition made in Income [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that the disallowances cannot be made under Section 14A of the Income Tax Act, 1961 earnings from the exempt income hence deleted the...
![Disallowances cant be made u/s 14A of Income Tax Act Earnings from Exempt Income: ITAT deleted the Addition made in Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Disallowances-Income-Tax-Act-Earnings-from-Exempt-Income-ITAT-deleted-the-Addition-made-in-Income-TAXSCAN.jpg "Disallowances cant be made u/s 14A of Income Tax Act Earnings from Exempt Income: ITAT deleted the Addition made in Income [Read Order]")
![Interest Received Loan given from OD not Taxable: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Interest-Received-Loan-given-from-OD-not-Taxable-ITAT-Deletes-Addition-TAXSCAN.jpg "Interest Received Loan given from OD not Taxable: ITAT Deletes Addition [Read Order]")
Amount given for Admission is not Donation to Charitable Trust: ITAT Confirms Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune Bench, confirmed the income tax addition of 6 Lakhs given for the admission in college is not donation to charitable trust and thus is taxable. The...
![Amount given for Admission is not Donation to Charitable Trust: ITAT Confirms Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Amount-given-for-Admission-is-not-Donation-to-Charitable-Trust-ITAT-Confirms-Income-Tax-Addition-TAXSCAN.jpg "Amount given for Admission is not Donation to Charitable Trust: ITAT Confirms Income Tax Addition [Read Order]")
![Re-adjudication of Income Tax Addition as Unexplained Money: ITAT Restores Delayed Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Re-adjudication-of-Income-Tax-Addition-as-Unexplained-Money-ITAT-Restores-Delayed-Application-TAXSCAN-1.jpg "Re-adjudication of Income Tax Addition as Unexplained Money: ITAT Restores Delayed Application [Read Order]")
Ex parte Order passed u/s 250 of the Income Tax Act without Providing Reasonable Opportunity: ITAT directs Readjudication [Read Order]
In a significant case, the Amritsar bench of the Income Tax Appellate Tribunal (ITAT) ex parte order passed under section 250 of the Income Tax Act, 1961 without providing a reasonable opportunity ...
![Ex parte Order passed u/s 250 of the Income Tax Act without Providing Reasonable Opportunity: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Ex-parte-Order-passed-the-Income-Tax-Act-without-Providing-Reasonable-Opportunity-ITAT-directs-Readjudication-TAXSCAN-1.jpg "Ex parte Order passed u/s 250 of the Income Tax Act without Providing Reasonable Opportunity: ITAT directs Readjudication [Read Order]")