![ITAT Dismisses Revenue’s Appeal as Reassessment Under Section 147/148 Invalid Due to Third-Party Search Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Dismisses-Revenues-Appeal-Revenues-Appeal-Revenues-Appeal-as-Reassessment-Reassessment-Under-Section-147-148-Reassessment-taxscan.jpg "ITAT Dismisses Revenue’s Appeal as Reassessment Under Section 147/148 Invalid Due to Third-Party Search Evidence [Read Order]")
ITAT Dismisses Revenue’s Appeal as Reassessment Under Section 147/148 Invalid Due to Third-Party Search Evidence [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal(ITAT) dismissed the Revenue’s appeal, holding that reassessment under Section 147/148 of Income Tax...
![“Income Chargeable to Tax Means Chargeable Under the Act”: Rajasthan HC Quashes S.148A(d) Order on NRI’s Land Purchase [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Rajasthan-High-Court-NRIs-Land-Purchase-Chargeable-Under-the-Act-taxscan.jpg "“Income Chargeable to Tax Means Chargeable Under the Act”: Rajasthan HC Quashes S.148A(d) Order on NRI’s Land Purchase [Read Order]")
![FMV of Shares Determined by Statutorily Prescribed Methods cannot be Rejected without Recording Contrary Evidence: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Fair-Market-Value-Contrary-Evidence-FMV-of-Shares-Determined-taxscan.jpg "FMV of Shares Determined by Statutorily Prescribed Methods cannot be Rejected without Recording Contrary Evidence: Karnataka HC [Read Order]")
![₹278.67 Crore Addition on Ex-Andhra CM Y.S. Jagan Mohan Reddy Scrapped by ITAT Over Insufficient Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Ex-Andhra-CM-Y.S.-Jagan-Mohan-Reddy-ITAT-Addition-on-Ex-Andhra-CM-taxscan.jpg "₹278.67 Crore Addition on Ex-Andhra CM Y.S. Jagan Mohan Reddy Scrapped by ITAT Over Insufficient Evidence [Read Order]")
![ITAT Upholds CIT(A)s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/itat-itat-delhi-cita-Bogus-Purchase-Taxscan.jpg "ITAT Upholds CIT(A)s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]")
Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]
The Bombay High Court granted relief to the The Shri Saibaba Sansthan Trust - Shirdi (Saibaba Trust), preventing the Revenue from reopening the assessment of the Trust for the Assessment Year (A.Y.) ...
![Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Shri-Sai-Baba-Sansthan-Trust-Relief-to-Shri-Sai-Baba-Sansthan-Trust-Bombay-HC-Bombay-HC-halts-Reopening-Income-Tax-taxscan.jpg "Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]")
ITAT Upholds Deletion of Rs. 4 Crore Addition for Unexplained Expenditure, Citing Insufficient Evidence of Off-Book Payments [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the deletion of a Rs. 4 crore addition for unexplained expenditure under section 69C of Income Tax Act,1961, ruling that there was...
![ITAT Upholds Deletion of Rs. 4 Crore Addition for Unexplained Expenditure, Citing Insufficient Evidence of Off-Book Payments [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Chennai-Unexplained-Expenditure-section-69C-of-Income-Tax-Act-Citing-Insufficient-Evidence-of-Off-Book-Payments-TAXSCAN.jpg "ITAT Upholds Deletion of Rs. 4 Crore Addition for Unexplained Expenditure, Citing Insufficient Evidence of Off-Book Payments [Read Order]")
Low Tax effect but exceptional Income Tax case: Karnataka HC allows revival of appeal by dept. [Read Order]
The Karnataka High Court has dismissed an Income Tax appeal filed by the Principal Commissioner of Income Tax due to the tax effect being below the Rs.1 Crore threshold. However, the court left the...
![Low Tax effect but exceptional Income Tax case: Karnataka HC allows revival of appeal by dept. [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Karnataka-High-Court-CBDT-CBDT-Circular-Income-Tax-Revival-of-Income-Tax-appeals-Principal-Commissioner-of-Income-Tax-taxscan.jpg "Low Tax effect but exceptional Income Tax case: Karnataka HC allows revival of appeal by dept. [Read Order]")
![Unacknowledged Adjournment Requests: ITAT remands Matter to CIT(A) For Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Unacknowledged-Adjournment-ITAT-CITA-Fresh-Consideration-Adjournment-Requests-Unacknowledged-Adjournment-Requests-itat-to-CITA-tax-news-itat-news-CITA-news-taxscan.jpg "Unacknowledged Adjournment Requests: ITAT remands Matter to CIT(A) For Fresh Consideration [Read Order]")
![Negligence of Assessee throughout Assessment Proceedings: ITAT rejects Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-ITAT-ITAT-Raipur-Negligence-of-Assessment-Proceedings-TAXSCAN.jpeg "Negligence of Assessee throughout Assessment Proceedings: ITAT rejects Appeal [Read Order]")
Lack of Evidence in proving Unexplained Investment u/s 69 of IT Act: ITAT deletes Addition [Read Order]
The Raipur bench of Income Tax Appellate Tribunal (ITAT) directed for the deletion of the additional amount charged by the Assessing Officer (AO). An addition of Rs.2.10 crore was made by the AO, but...
![Lack of Evidence in proving Unexplained Investment u/s 69 of IT Act: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-in-Raipur-Lack-of-evidence-ITAT-deletes-Addition-unexplained-investment-IT-Act-Section-69-ITAT-news-TAXSCAN.jpg "Lack of Evidence in proving Unexplained Investment u/s 69 of IT Act: ITAT deletes Addition [Read Order]")
Non-Adjudication of Jurisdictional Grounds and Failure to State Point of Determination u/s 250(6) of Income Tax Act: ITAT sets Aside Order [Read Order]
The Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has set aside the consolidated order and remanded four appeals back to the Commissioner of Income Tax (Appeals) [CIT(A)] for fresh...
![Non-Adjudication of Jurisdictional Grounds and Failure to State Point of Determination u/s 250(6) of Income Tax Act: ITAT sets Aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-Jurisdictional-Grounds-ITAT-Pune-TAXSCAN.jpg "Non-Adjudication of Jurisdictional Grounds and Failure to State Point of Determination u/s 250(6) of Income Tax Act: ITAT sets Aside Order [Read Order]")