![Non-appearance due to COVID pandemic: ITAT quashes exparte order citing sufficient ground for non-compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-COVID-pandemic-non-compliance-taxscan.jpg "Non-appearance due to COVID pandemic: ITAT quashes exparte order citing sufficient ground for non-compliance [Read Order]")
Non-appearance due to COVID pandemic: ITAT quashes exparte order citing sufficient ground for non-compliance [Read Order]
The Pune bench of the Income Tax Appellate Tribunal (ITAT) quashed the exparte order of the Assessing Officer (AO) accepting that the COVID-19...
![Trader Sold Opening Stock at Discounted Rates leading to Higher Sales compared to Previous Years: ITAT deletes 32 Lakh Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Discounts-ITAT-Discounted-Rates-taxscan.jpg "Trader Sold Opening Stock at Discounted Rates leading to Higher Sales compared to Previous Years: ITAT deletes 32 Lakh Addition [Read Order]")
![Illiterate Agriculturist Unaware of Complex Tax Proceedings: ITAT Condones 228-Day Delay, Remands Unexplained Cash Credit Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chandigarh-ITAT-Condones-delay-Unexplained-Cash-Credit-Agriculturist-Unaware-of-Complex-Tax-taxscan.jpg "Illiterate Agriculturist Unaware of Complex Tax Proceedings: ITAT Condones 228-Day Delay, Remands Unexplained Cash Credit Matter [Read Order]")
![ITAT Orders Verification of TDS Deposits, Grants Relief to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Orders-Verification-ITAT-Orders-Verification-TDS-Deposits-TDS-Deposits-Grants-Relief-Grants-Relief-to-Assessee-taxscan.jpg "ITAT Orders Verification of TDS Deposits, Grants Relief to Assessee [Read Order]")
![ITAT Quashes Assessment for Failure to Issue Notice u/s 143(2) and Unjustified Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Quashes-ITAT-Quashes-Assessment-Failure-to-Issue-Notice-Issue-Notice-Issue-Notice-Section-1432-Unjustified-Additions-taxscan.jpg "ITAT Quashes Assessment for Failure to Issue Notice u/s 143(2) and Unjustified Additions [Read Order]")
Absence of mentioning Specific Charge u/s 274 by AO Renders Penalty Levied Unsustainable: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) rendered the penalty levied against the assessee as unsustainable due to the absence of mentioning a specific charge under Section...
![Absence of mentioning Specific Charge u/s 274 by AO Renders Penalty Levied Unsustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Penalty-Penalty-Levied-Unsustainable-taxscan.jpg "Absence of mentioning Specific Charge u/s 274 by AO Renders Penalty Levied Unsustainable: ITAT [Read Order]")
![Denial of Hearing: ITAT directs Fresh Adjudication of Addition at 8% of the Gross Profit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Denial-of-Hearing-Hearing-ITAT-ITAT-directs-Fresh-Adjudication-Fresh-Adjudication-Gross-Profit-Fresh-Adjudication-of-Addition-taxscan.jpg "Denial of Hearing: ITAT directs Fresh Adjudication of Addition at 8% of the Gross Profit [Read Order]")
Stock Record Discrepancies: ITAT restricts Profit Estimation to 5% of Purchase Transactions of Petroleum Firm [Read Order]
In a recent judgment by the ITAT Panaji, the Tribunal restricted the profit estimation to 5% of the purchase transactions for a petroleum firm facing stock record discrepancies. A petroleum firm,...
![Stock Record Discrepancies: ITAT restricts Profit Estimation to 5% of Purchase Transactions of Petroleum Firm [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Stock-Record-Stock-Record-Discrepancies-ITAT-ITAT-restricts-Profit-Estimation-Purchase-Transactions-Petroleum-Petroleum-Firm-taxscan.jpg "Stock Record Discrepancies: ITAT restricts Profit Estimation to 5% of Purchase Transactions of Petroleum Firm [Read Order]")
ITAT condones 24-Day delay in filing Form 10B due to Technical Issues, Grants Exemption u/s 11 of Income Tax Act [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) condoned a 24-day delay in filing Form 10B due to technical issues and granted exemption under section 11 of Income Tax Act,1961. Kaydee...
![ITAT condones 24-Day delay in filing Form 10B due to Technical Issues, Grants Exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Form-10B-Filing-Form-Due-to-Technical-Issues-Income-Tax-Act-taxscan.jpg "ITAT condones 24-Day delay in filing Form 10B due to Technical Issues, Grants Exemption u/s 11 of Income Tax Act [Read Order]")
ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) ordered the Income Tax matter re-adjudication due to non-consideration of demonetization period evidence. In this case, the assessee...
![ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Demonetization-Non-Consideration-of-Demonetization-taxscan.jpg "ITAT orders for Re- adjudication due to Non-Consideration of Demonetization-Period Evidence [Read Order]")
Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) quashed an ex parte order issued by the Commissioner of Income Tax (Appeals) [CIT(A)] due to the assessee did not receive the income tax...
![Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Hearing-Notice-Income-Tax-Hearing-Notice-ITAT-ITAT-Quashes-ITAT-Quashes-Ex-Parte-Order-Ex-Parte-Order-taxscan.jpg "Income Tax Hearing Notice Not Received: ITAT Quashes Ex Parte Order, Remands Matter for Fresh Hearing [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 31]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-ITAT-Cases-Income-Tax-Cases-Part-31-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 31]")