ITAT Weekly Round Up
No Disallowance for PF/ESI Contributions made before Return Filing Deadline: ITAT [Read Order] M/s.Heylands Exports Pvt. Ltd. vs The PCIT-1...
![Excise Duty Exemption Not Taxable Under Income Tax Act: Jammu & Kashmir And Ladakh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Excise-Duty-Exemption-Taxable-Under-Income-Tax-Act-Jammu-Kashmir-And-Ladakh-HC-TAXSCAN.jpg "Excise Duty Exemption Not Taxable Under Income Tax Act: Jammu & Kashmir And Ladakh HC [Read Order]")
![No Jurisdiction to AO for considering Claim by Assessee in Revised Return filed after Time Prescribed u/s 139(5) of Income Tax Act: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Income-Tax-Act-Income-Tax-Return-Assessing-Officer-TAXSCAN.jpg "No Jurisdiction to AO for considering Claim by Assessee in Revised Return filed after Time Prescribed u/s 139(5) of Income Tax Act: Supreme Court [Read Order]")
![Supreme Court remands Income Tax Matter for Determination of Purpose of Short Term FD Accounts, Nature Of Income [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/10/Supreme-Court-Income-Tax-Matter-Determination-of-Purpose-FD-Accounts-Nature-Of-Income-TAXSCAN.jpg "Supreme Court remands Income Tax Matter for Determination of Purpose of Short Term FD Accounts, Nature Of Income [Read Judgement]")
Charging of Short Gross Tax liability Determined u/s 5(3) by CIT(A) is Final and Non-Revisable: Delhi HC quashes Rectification notice u/s 154 [Read Order]
In a recent Judgement, the Delhi High Court has ruled that the charging of short gross tax liability determined under Section 5(3) Direct Tax Vivad Se Vishwas Act ( DTVSV Act ) by the...
Date of Sale/Transfer of Shares included in Holding Period Calculation for Capital Gain: ITAT upholds CIT(A) Decision [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals) [CIT(A)] decision regarding determining capital gains. The tribunal confirmed the...
![Date of Sale/Transfer of Shares included in Holding Period Calculation for Capital Gain: ITAT upholds CIT(A) Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/CITA-ITAT-Upholds-Capital-Gain-Income-Tax-Appellate-Tribunal-Date-of-Sale-CITA-Decision-Commissioner-of-Income-Tax-Appeals-taxscan.webp "Date of Sale/Transfer of Shares included in Holding Period Calculation for Capital Gain: ITAT upholds CIT(A) Decision [Read Order]")
No Incriminating Material found during Search for Unabated AY: ITAT upholds Deletion of Additions [Read Order]
The Income Tax Appellate Tribunal (ITAT) Raipur Bench upheld the decision of Commissioner of Income Tax (Appeals) (CIT(A)) which deleted an Addition of 2.19 crore for the Assessment Year (AY)...
![No Incriminating Material found during Search for Unabated AY: ITAT upholds Deletion of Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-upholds-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Appeals-CITA-Assessment-Year-taxscan.webp "No Incriminating Material found during Search for Unabated AY: ITAT upholds Deletion of Additions [Read Order]")
Trust withdraws Income Tax Appeal Following Successful Registration u/s 12A: ITAT Dismisses Appeal [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) dismissed the appeal as the assessee sought to withdraw it after receiving the required registration under section 12A of the Income Tax...
![Trust withdraws Income Tax Appeal Following Successful Registration u/s 12A: ITAT Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Appeal-Registration-ITAT-Dismisses-ITAT-ITAT-Dismisses-Appeal-Trust-withdraws-Income-Tax-Appellate-Tribunal-taxscan.jpg "Trust withdraws Income Tax Appeal Following Successful Registration u/s 12A: ITAT Dismisses Appeal [Read Order]")
Cash Sales Evidence not Produced to Prove genuineness of Cash Deposit Made During Demonetisation Period: ITAT directs Fresh Adjudication [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) directed the Commissioner of Income Tax (Appeals) to conduct fresh adjudication in the matter where the assessee failed to produce...
![Cash Sales Evidence not Produced to Prove genuineness of Cash Deposit Made During Demonetisation Period: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-directs-Adjudication-Cash-Sales-Fresh-Adjudication-Cash-Deposit-Commissioner-of-Income-Tax-Commissioner-of-Income-Tax-Appeals-taxscan.webp "Cash Sales Evidence not Produced to Prove genuineness of Cash Deposit Made During Demonetisation Period: ITAT directs Fresh Adjudication [Read Order]")
Income Computation Admitted Before CIT(A) cannot be Easily Contested at Tribunal Level: ITAT [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) upheld the order of the Commissioner of Income Tax (Appeals) emphasizing that once the assessee’s income computation is admitted before...
![Income Computation Admitted Before CIT(A) cannot be Easily Contested at Tribunal Level: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-CITA-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Appeals-Commissioner-of-Income-Tax-Taxscan.webp "Income Computation Admitted Before CIT(A) cannot be Easily Contested at Tribunal Level: ITAT [Read Order]")
No Affidavit showing Cause of 2086-Day Delay in Filing Income Tax Appeal: ITAT upholds CIT(A) decision dismissing Appeal in-limine [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the decision of the Commissioner of Income Tax (Appeals) [CIT(A)], dismissing an appeal that was delayed by 2086 days. The...
![No Affidavit showing Cause of 2086-Day Delay in Filing Income Tax Appeal: ITAT upholds CIT(A) decision dismissing Appeal in-limine [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/TAT-ITAT-upholds-CITA-Income-Tax-Appeal-Income-Tax-Filing-Income-Tax-Appeal-Filing-Income-Tax-Income-Tax-Appellate-Tribunal-taxscan.jpg "No Affidavit showing Cause of 2086-Day Delay in Filing Income Tax Appeal: ITAT upholds CIT(A) decision dismissing Appeal in-limine [Read Order]")