![ITAT Confirms CIT(A)’s Deletion of Rs.1.82 Crore Addition as Revenue Fails to Produce Contrary Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Income-tax-Income-tax-news-Tax-news-Corroborative-Evidence-taxscan-1.jpg "ITAT Confirms CIT(A)’s Deletion of Rs.1.82 Crore Addition as Revenue Fails to Produce Contrary Evidence [Read Order]")
ITAT Confirms CIT(A)’s Deletion of Rs.1.82 Crore Addition as Revenue Fails to Produce Contrary Evidence [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) confirmed the Commissioner of Income Tax (Appeals) [CIT(A)]’s deletion of Rs. 1.82...
![ITAT Allows Final Opportunity to Justify Rs. 34 Lakh Deposits, Cites Fresh Evidence as Reason [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-addition-Cash-Deposits-Bank-Accounts-failure-explain-Sources-TAXSCAN.jpg "ITAT Allows Final Opportunity to Justify Rs. 34 Lakh Deposits, Cites Fresh Evidence as Reason [Read Order]")
![ITAT Cuts Estimated 20% Profit Rate to 12.5% in Bogus Purchase Case Calling It Excessive, remanded for Recomputation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Ahmedabad-income-tax-Bogus-Purchases-Citing-Genuine-Sales-Taxscan.jpg "ITAT Cuts Estimated 20% Profit Rate to 12.5% in Bogus Purchase Case Calling It Excessive, remanded for Recomputation [Read Order]")
![Jurisdiction of AO u/s 153C of Income Tax Act beyond block of 10 year is invalid: Delhi HC upholds ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Benefit-of-Monetary-Limits-Guidelines-Dispute-related-to-Classification-Product-for-Customs-Duty-Delhi-HC-taxscan.jpg "Jurisdiction of AO u/s 153C of Income Tax Act beyond block of 10 year is invalid: Delhi HC upholds ITAT Order [Read Order]")
ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) directed the Assessing Officer(AO) to grant relief after exemption under Section 10(23C)(iiiad) of Income Tax Act,1961, was approved, holding...
![ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ruling-Income-Tax-appeal-CPC-mistake-taxscan-.jpg "ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]")
Disallowance of Interest Payments for Non-Deduction of TDS u/s 40(a)(ia): ITAT Remands Matter to AO for Verification of Form 26A [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) remanded the matter to the Assessing Officer (AO) to verify the submission of Form 26A regarding the disallowance of interest payments under...
![Disallowance of Interest Payments for Non-Deduction of TDS u/s 40(a)(ia): ITAT Remands Matter to AO for Verification of Form 26A [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Form-26A-site-img.jpg "Disallowance of Interest Payments for Non-Deduction of TDS u/s 40(a)(ia): ITAT Remands Matter to AO for Verification of Form 26A [Read Order]")
Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AO's Addition, Accepts DCF Method [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) deleted the addition made by the Assessing Officer (AO) under Section 56(2)(viib) of Income Tax Act,1961 regarding the share premium valuation,...
![Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AOs Addition, Accepts DCF Method [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Income-Addition-Income-Tax-taxscan.jpg "Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AOs Addition, Accepts DCF Method [Read Order]")
Rs.14.93 Crores Addition u/s 68 for Share Capital Premium: ITAT Deletes AO's Addition, Upholds Genuineness of Funds [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) deleted the AO's addition of Rs. 14.93 crores under Section 68 of Income Tax Act,1961,for share capital premium, ruling that the funds came from...
![Rs.14.93 Crores Addition u/s 68 for Share Capital Premium: ITAT Deletes AOs Addition, Upholds Genuineness of Funds [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Bombay-HC-Interest-Expenditure-Interest-Free-Surplus-Fund-Investment-TAXSCAN.jpg "Rs.14.93 Crores Addition u/s 68 for Share Capital Premium: ITAT Deletes AOs Addition, Upholds Genuineness of Funds [Read Order]")
Is Trust’s Registration u/s 12A a Prerequisite for Grant of Approval u/s 80(G)(5)(iv)(B)?: ITAT remits Matter [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has recently rejected an application of an assessee for approval under Section 80G (5)(iv)(B) of the Income Tax Act, 1961 since the order...
![Is Trust’s Registration u/s 12A a Prerequisite for Grant of Approval u/s 80(G)(5)(iv)(B)?: ITAT remits Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/SITE-IMG-48.jpg "Is Trust’s Registration u/s 12A a Prerequisite for Grant of Approval u/s 80(G)(5)(iv)(B)?: ITAT remits Matter [Read Order]")
Order of Appellate Authority Seeking Requisite Information Must be Complied With: ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has recently imposed costs amounting to ₹5000 on an assessee charitable trust who failed to comply with the order of the Commissioner of...
![Order of Appellate Authority Seeking Requisite Information Must be Complied With: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Order-TAXSCAN.jpg "Order of Appellate Authority Seeking Requisite Information Must be Complied With: ITAT [Read Order]")
![ITAT Restores Trust’s 12A Registration, Imposes ₹2,500 Cost on CA for Negligence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-mumbai-Rental-Income-From-Trust-Property-TAXSCAN.jpg "ITAT Restores Trust’s 12A Registration, Imposes ₹2,500 Cost on CA for Negligence [Read Order]")