![Assessee should get Reasonable Opportunity before Making Addition u/s 40A (7) before Processing Rectification Application: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessee-get-Reasonable-Opportunity-before-Making-Addition-Processing-Rectification-Application-ITAT-TAXSCAN.jpg "Assessee should get Reasonable Opportunity before Making Addition u/s 40A (7) before Processing Rectification Application: ITAT [Read Order]")
Assessee should get Reasonable Opportunity before Making Addition u/s 40A (7) before Processing Rectification Application: ITAT [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) has held that the assessee should be given reasonable opportunity before making addition...
![ITAT upholds Assessment passed u/s 153A/144 of Income Tax Act based on Special Audit conduct u/s 142(2A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-ITAT-upholds-Assessment-Assessment-Income-Tax-Act-Income-Tax-Special-Audit-conduct-Special-Audit-Income-Tax-Act-based-on-Special-Audit-conduct-taxscan.jpg "ITAT upholds Assessment passed u/s 153A/144 of Income Tax Act based on Special Audit conduct u/s 142(2A) [Read Order]")
![Registration u/s 12A(1)(ac)(iii) of Income Tax Act shall not be denied if Remuneration paid to trusts full time workers is not contravening Section 13(1)(c) : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Registration-Income-Tax-Act-Remuneration-paid-to-trusts-full-time-workers-trusts-full-time-workers-taxscan.jpg "Registration u/s 12A(1)(ac)(iii) of Income Tax Act shall not be denied if Remuneration paid to trusts full time workers is not contravening Section 13(1)(c) : ITAT [Read Order]")
![Late Filing of Audit Report due to Sufficient Cause u/s 273B of IT Act: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Late-Filing-of-Audit-Report-Sufficient-Cause-Late-Filing-Audit-Report-Audit-Report-due-to-Sufficient-Cause-taxscan.jpg "Late Filing of Audit Report due to Sufficient Cause u/s 273B of IT Act: ITAT deletes Penalty [Read Order]")
ITAT deletes Penalty u/s 271(1)(b) and 272A(1)(b) for Improper Procedure in Issuance of Income Tax Notice [Read Order]
The Amritsar Bench of the Income Tax Appellate Tribunal (ITAT) recently deleted the penalty under Sections 271(1)(b) and 272A(1)(b) of the Income Tax Act due to improper procedure in issuance of...
![ITAT deletes Penalty u/s 271(1)(b) and 272A(1)(b) for Improper Procedure in Issuance of Income Tax Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-deletes-Penalty-ITAT-Penalty-Improper-Procedure-Issuance-of-Income-Tax-Notice-Income-Tax-Notice-Income-Tax-Notice-Tax-Notice-taxscan-1.jpg "ITAT deletes Penalty u/s 271(1)(b) and 272A(1)(b) for Improper Procedure in Issuance of Income Tax Notice [Read Order]")
Assessee cannot be Non-Filer or Undeclared of Tax in Return on Wrong Allotment of PANs: ITAT Directs Re-Adjudication [Read Order]
The Amritsar Bench Income Tax Appellate Tribunal (ITAT) has directed re-adjudication as the assessee could not be treated as non-filter or undisclosed of tax in return on wrong allotment. The...
![Assessee cannot be Non-Filer or Undeclared of Tax in Return on Wrong Allotment of PANs: ITAT Directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Non-Filer-or-Undeclared-of-Tax-in-Return-on-Wrong-Allotment-of-PANs-ITAT-Directs-Re-Adjudication-TAXSCAN.jpg "Assessee cannot be Non-Filer or Undeclared of Tax in Return on Wrong Allotment of PANs: ITAT Directs Re-Adjudication [Read Order]")
No Cogent and Satisfactory Explanation u/s 5 of Limitation Act: ITAT Refuses to Condone Delay of 781 Days [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) has refused to condone a delay of 781 days holding that cogent and satisfactory explanation were not furnished by the assessee as per...
![No Cogent and Satisfactory Explanation u/s 5 of Limitation Act: ITAT Refuses to Condone Delay of 781 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Cogent-and-Satisfactory-Explanation-Limitation-Act-ITAT-ITAT-Refuses-to-Condone-Delay-of-781-Days-Condone-Delay-taxscan.jpg "No Cogent and Satisfactory Explanation u/s 5 of Limitation Act: ITAT Refuses to Condone Delay of 781 Days [Read Order]")
![Corpus Donations Received by Unregistered Trusts are not Taxable unless Verified: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Corpus-Donations-Received-by-Unregistered-Trusts-Corpus-Donations-Unregistered-Trusts-ITAT-taxscan.jpg "Corpus Donations Received by Unregistered Trusts are not Taxable unless Verified: ITAT [Read Order]")
![No Addition u/s 68 for Turnover Already Reflected in Books of the Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Turnover-Books-of-the-Assessee-ITAT-taxscan.jpeg "No Addition u/s 68 for Turnover Already Reflected in Books of the Assessee: ITAT [Read Order]")
Employer Contribution u/s 43B of Income Tax Act is allowable if Payment is done Before Filing of Returns u/s 139(1): ITAT quashes Addition [Read Order]
The employer's contribution under Section 43B of the Income Tax Act, 1961 is acceptable if the payment is made prior to the filing of returns, according to a recent decision by the Income Tax...
![Employer Contribution u/s 43B of Income Tax Act is allowable if Payment is done Before Filing of Returns u/s 139(1): ITAT quashes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Employer-Contribution-income-tax-act-payment-filing-of-returns-ITAT-Taxscan.jpg "Employer Contribution u/s 43B of Income Tax Act is allowable if Payment is done Before Filing of Returns u/s 139(1): ITAT quashes Addition [Read Order]")
