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![Non-Mentioning of Business Income in Books of Account cannot be Sole Reason to Invoke S. 115BBE of the Income Tax Act: ITAT [Read Order] Non-Mentioning of Business Income in Books of Account cannot be Sole Reason to Invoke S. 115BBE of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Business-income-Non-Mentioning-of-Business-Income-Books-of-Account-Business-Income-in-Books-of-Account-Invoke-taxscan.jpg)
Non-Mentioning of Business Income in Books of Account cannot be Sole Reason to Invoke S. 115BBE of the Income Tax Act: ITAT [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal (ITAT) held that Non-mentioning of the business income in the books of account cannot be...



![Set off of any Loss Prior to AY 2016-17 cannot be Denied u/s 115BBE of Income Tax Act: ITAT [Read Order] Set off of any Loss Prior to AY 2016-17 cannot be Denied u/s 115BBE of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/income-tax-act-income-tax-act-set-off-ITAT-loss-denial-taxscan.jpg)
![Claim of Loss against Surrendered Business Income Rejected on Ground of Unexplained Income: ITAT Directs Re-adjudication [Read Order] Claim of Loss against Surrendered Business Income Rejected on Ground of Unexplained Income: ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Claim-of-Loss-Business-Income-Rejected-Unexplained-Income-ITAT-Re-adjudication-TAXSCAN.jpg)
![Cash Deposit Not Deemed Unexplained u/s 144 r/w 147 of Income Tax Act Without Reasonable Opportunity to Prove Source: ITAT affirms Substantial Justice & Fair Play [Read Order] Cash Deposit Not Deemed Unexplained u/s 144 r/w 147 of Income Tax Act Without Reasonable Opportunity to Prove Source: ITAT affirms Substantial Justice & Fair Play [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Cash-Deposit-Not-Deemed-Unexplained-Income-Tax-Act-ITAT-affirms-Substantial-Justice-Fair-Play-taxscan.jpg)
![PCIT wrongly invokes Revisionary Powers u/s 263 of IT Act on order issued by AO with Sufficient Enquiry: ITAT revives Assessment Order [Read Order] PCIT wrongly invokes Revisionary Powers u/s 263 of IT Act on order issued by AO with Sufficient Enquiry: ITAT revives Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-Order-PCIT-Revisionary-Powers-IT-Act-Income-Tax-AO-Sufficient-Enquiry-ITAT-taxscan.jpg)
![Enforceability of Agreement to Sale cannot be denied Unless Fresh Affidavits are Verified: ITAT deletes Addition u/s 69 [Read Order] Enforceability of Agreement to Sale cannot be denied Unless Fresh Affidavits are Verified: ITAT deletes Addition u/s 69 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Enforceability-of-Agreement-to-Sale-Unless-Fresh-Affidavits-are-Verified-ITAT-deletes-Addition-us-69-TAXSCAN.jpg)
![Late Deposit of Employees Share of PF/ESI Contribution to Relevant Fund: ITAT Upholds Disallowance u/s 143(1)(a) [Read Order] Late Deposit of Employees Share of PF/ESI Contribution to Relevant Fund: ITAT Upholds Disallowance u/s 143(1)(a) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Late-Deposit-of-Employees-Deposit-Share-of-PF-PF-ESI-Contribution-to-Relevant-Fund-ITAT-Upholds-Disallowance-ITAT-Disallowance-Taxscan.jpg)
![ESI/PF Contribution made after due Date: ITAT Disallows Deduction u/s 143(1) (a) of IT Act for Late Deposit [Read Order] ESI/PF Contribution made after due Date: ITAT Disallows Deduction u/s 143(1) (a) of IT Act for Late Deposit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ESI-or-PF-Contribution-made-after-due-Date-ESI-PF-due-Date-ITAT-Disallows-Deduction-IT-Act-for-Late-Deposit-Deduction-IT-Act-Late-Deposit-Taxscan.jpg)
![ITAT disallows Exemption under Section 54B for Property Purchased in Name of Wife [Read Order] ITAT disallows Exemption under Section 54B for Property Purchased in Name of Wife [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-disallows-Exemption-ITAT-Exemption-Property-Purchased-in-Name-of-Wife-Name-of-Wife-Property-Purchased-taxscan.jpg)
![Lack of Enabling Provision in IT Act: ITAT quashes Disallowance of Claim u/s 143(1)(a) for Belated Filing of ITR [Read Order] Lack of Enabling Provision in IT Act: ITAT quashes Disallowance of Claim u/s 143(1)(a) for Belated Filing of ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/IT-Act-ITAT-Disallowance-of-Claim-Filing-of-ITR-ITR-taxscan.jpg)
![Order u/s 143(3) Passed by AO, without Issuing Mandatory Notice u/s 143(2): ITAT Quashes Order [Read Order] Order u/s 143(3) Passed by AO, without Issuing Mandatory Notice u/s 143(2): ITAT Quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Order-AO-Mandatory-Notice-ITAT-taxscan-.jpg)
![Income surrendered by way of Account Receivables Not Taxable under Deeming Provisions of 69 r/w S. 115BBE: ITAT [Read Order] Income surrendered by way of Account Receivables Not Taxable under Deeming Provisions of 69 r/w S. 115BBE: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Account-Receivables-Deeming-Provisions-Income-Tax-ITAT-taxscan.jpg)