![Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Lack-of-Incriminating-Evidence-Incriminating-Evidence-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-under-section-68-of-Income-Tax-Act-Commissioner-of-Income-Tax-Civil-Contractors-Pvt-TAXSC.jpg "Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]")
Lack of Incriminating Evidence: ITAT deletes S.68 Income Tax Addition of ₹13.60 lakhs [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, recently ruled in favor of an assessee by deleting an addition of ₹13.60 lakhs under section...
![No Incriminating Evidence found for Rs. 14.3 Cr Addition: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/TAT-Income-Tax-Appellate-Tribunal-ITAT-Delhi-No-Incriminating-Evidence-ITAT-dismisses-Revenues-Appeal-taxscan.jpg "No Incriminating Evidence found for Rs. 14.3 Cr Addition: ITAT dismisses Revenues Appeal [Read Order]")
![Madras HC Rejects Plea to quash Income Tax Case Transfer after Incriminating Evidence Found in Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Madras-High-Court-Madras-HC-Income-Tax-Case-Income-Tax-Case-Transfer-Incriminating-Evidence-Incriminating-Evidence-Found-tax-news-TAXSCAN.webp "Madras HC Rejects Plea to quash Income Tax Case Transfer after Incriminating Evidence Found in Kolkata [Read Order]")
![AOs Share Capital/Premium Addition Invalid Due to Absence of Incriminating Evidence in Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Pune-Incriminating-Evidence-AO-Taxscan.jpg "AOs Share Capital/Premium Addition Invalid Due to Absence of Incriminating Evidence in Search: ITAT [Read Order]")
CESTAT quashes Penalty u/ss 112 and 114AA of Customs Act on Import of Cold rolled Stainless Steel Coils on ground of Absence of Incriminating Evidence [Read Order]
The Bangalore bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the penalty imposed under sections 112 and 114AA of the Customs Act,1962 on the import of cold rolled...
![CESTAT quashes Penalty u/ss 112 and 114AA of Customs Act on Import of Cold rolled Stainless Steel Coils on ground of Absence of Incriminating Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/CESTAT-Quashes-Penalty-Customs-Act-on-Import-Cold-rolled-Stainless-Steel-Coils-Stainless-Steel-Coils-Steel-Coils-ground-of-Absence-Absence-of-Incriminating-Evidence-TAXSCAN.jpg "CESTAT quashes Penalty u/ss 112 and 114AA of Customs Act on Import of Cold rolled Stainless Steel Coils on ground of Absence of Incriminating Evidence [Read Order]")
Income Tax Raids Reveal Hidden Businesses in Educational Groups across Tamil Nadu and Puducherry; Uncovers unaccounted Fee Receipts of More than Rs. 400 crore
On October 5, 2023, the Income Tax Department initiated a comprehensive search and seizure operation targeting two distinct groups, primarily involved in operating educational institutions that offer...
Sufficient Incriminating Evidence about Involvement of Accused in Offence of Money Laundering: Delhi HC rejects Bail [Read Order]
The Delhi High Court dismissed bail of applicant, Tarun Kumar on the ground that there was sufficient incriminating evidence about involvement of accused in offence of money laundering The SBFL...
Supreme Court upholds quashing of Income Tax Assessment Proceedings initiated u/s 153C for Lack of Incriminating Evidence [Read Judgement]
The Supreme Court has recently upheld the quashing of reassessment proceedings by the jurisdictional High Court and dismissed a bunch of appeals of the revenue in the absence of any incriminating...
![Supreme Court upholds quashing of Income Tax Assessment Proceedings initiated u/s 153C for Lack of Incriminating Evidence [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/05/Supreme-Court-upholds-Supreme-Court-Income-Tax-Assessment-Proceedings-Income-Tax-Lack-of-Incriminating-Evidence-Incriminating-Evidence-taxscan.jpg "Supreme Court upholds quashing of Income Tax Assessment Proceedings initiated u/s 153C for Lack of Incriminating Evidence [Read Judgement]")
GST Proceedings initiated with Incriminating Evidence to Prove Suppression of Sales: Kerala HC dismisses Writ Petition [Read Order]
The High Court (HC)of Kerala dismisses the writ petition on the case where the GST Proceedings were initiated with Incriminating Evidence to Prove Suppression of Sales. K. Sanal Kumar, the...
![GST Proceedings initiated with Incriminating Evidence to Prove Suppression of Sales: Kerala HC dismisses Writ Petition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/GST-Proceedings-gst-Incriminating-Evidence-Sales-Kerala-HC-Writ-Petition-taxscan-.jpg "GST Proceedings initiated with Incriminating Evidence to Prove Suppression of Sales: Kerala HC dismisses Writ Petition [Read Order]")
ITAT directs AO to Fresh Consideration for Additions made after Completion of Assessment without Incriminating Evidence
The Indore Bench of the Income Tax Appellate Tribunal directed the Assessing Officer to re-examine the additions made for years in respect of which assessments were completed, as well as an addition...
