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...
![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]](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]](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]](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]")
AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) directed further verification in the matter concerning the Assessing Officer (AO) treating entire purchases as bogus citing that the...
![AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Bangalore-Assessing-Officer-Label-Them-Bogus-Suppliers-Issuing-Fake-Bills-to-Income-AO-Adds-Purchases-taxscan.jpg "AO Adds Purchases from Suppliers Issuing Fake Bills to Income, Labels Them Bogus: ITAT directs for Further Verification [Read Order]")
ITAT Rules S.56(2)(x) Inapplicable to Property Transaction Due to Execution of Agreement Before 01 April 2017 [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled that the provisions of Section 56(2)(x) of the Income Tax Act, 1961, do not apply to a property transaction where the agreement was...
![ITAT Rules S.56(2)(x) Inapplicable to Property Transaction Due to Execution of Agreement Before 01 April 2017 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-Rules-ITAT-Mumbai-ITAT-Rules-S.562x-Property-Transaction-Agreement-TAXSCAN.jpg "ITAT Rules S.56(2)(x) Inapplicable to Property Transaction Due to Execution of Agreement Before 01 April 2017 [Read Order]")
ITAT Deems Labor Charges Genuine as Contractor Retracts Admission of False Payments, Quashes Disallowance [Read Order]
Recently, the Income Tax Appellate Tribunal (ITAT) of Mumbai quashed the disallowance of labor charges after determining the payments to be genuine, following a key contractor's retraction of an...
![ITAT Deems Labor Charges Genuine as Contractor Retracts Admission of False Payments, Quashes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-mumbai-Disallowance-Quashes-Disallowance-Labor-Charges-TAXSCAN.webp "ITAT Deems Labor Charges Genuine as Contractor Retracts Admission of False Payments, Quashes Disallowance [Read Order]")
Reopening of Assessment and Work-in-Progress Disallowance Unjustified Due to Change of Opinion by AO: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) found that the reopening of the assessment and the disallowance of work-in-progress were unjustified due to a change of opinion by the...
![Reopening of Assessment and Work-in-Progress Disallowance Unjustified Due to Change of Opinion by AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Assessment-Work-in-Progress-ITAT-income-tax-income-tax-act-Unjustified-Due-to-Change-of-Opinion-itat-on-Assessment-and-Work-in-Progress-income-tax-news-assessing-officer-news-taxscan.jpg "Reopening of Assessment and Work-in-Progress Disallowance Unjustified Due to Change of Opinion by AO: ITAT [Read Order]")
![80P Deduction cannot be claimed beyond due date of ITR Filing u/s 139(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/80P-Deduction-claimed-ITR-Filing-us-1391-ITAT-TAXSCAN.jpg "80P Deduction cannot be claimed beyond due date of ITR Filing u/s 139(1): ITAT [Read Order]")
Auditor’s Misreporting leads to Income Tax Addition of Rs. 3.7cr on Payment of ESI/PF : ITAT restores matter to CIT(A) [Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT ) has restored the matter of income tax addition of Rs. 3.7 crores on payment of ESI/ PF due to auditor’s misreporting. The assessee,...
![Auditor’s Misreporting leads to Income Tax Addition of Rs. 3.7cr on Payment of ESI/PF : ITAT restores matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-Audit-Due-Date-Tax-Audit-Penalty-TAXSCAN.jpg "Auditor’s Misreporting leads to Income Tax Addition of Rs. 3.7cr on Payment of ESI/PF : ITAT restores matter to CIT(A) [Read Order]")
Co-operative Society registered under Karnataka Souharda Sahakari Act eligible for S. 80P Deduction under Income Tax Act: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a taxpayer registered as a co-operative society under the Karnataka Souharda Sahakari Act is eligible for deduction...
![Co-operative Society registered under Karnataka Souharda Sahakari Act eligible for S. 80P Deduction under Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Co-operative-Society-Karnataka-Souharda-Sahakari-Act-section-80p-Deduction-ITAT-Souharda-Sahakari-Act-itat-on-Karnataka-Souharda-Sahakari-Act-tax-news-Karnataka-Souharda-Sahakari-Act-news-taxscan.jpg "Co-operative Society registered under Karnataka Souharda Sahakari Act eligible for S. 80P Deduction under Income Tax Act: ITAT [Read Order]")