![Chennai ITAT Applies ‘Surviving Period’ Rule for First Time, quashes Income Tax Reassessment Notice [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061962-itat-chennai-itat-income-tax-reassessment-notice-taxscan.webp "Chennai ITAT Applies ‘Surviving Period’ Rule for First Time, quashes Income Tax Reassessment Notice [Read Order]")
Chennai ITAT Applies ‘Surviving Period’ Rule for First Time, quashes Income Tax Reassessment Notice [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) quashed a reassessment notice holding that the Income Tax Department cannot issue ...
![ITAT Sets Aside Best Judgment Assessment u/s 144, Orders Fresh Hearing Noting Prior Grant of S.11 Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/250x150_2059926-itat-itat-sets-aside-best-judgment-assessment-judgment-assessment-orders-fresh-hearing-taxscan.webp "ITAT Sets Aside Best Judgment Assessment u/s 144, Orders Fresh Hearing Noting Prior Grant of S.11 Exemption [Read Order]")
![ITAT Weekly Round-Up [ June 26th - July 5th ]](https://images.taxscan.in/h-upload/2025/07/05/250x150_2059516-itat-weekly-round-up-weekly-round-up-round-up-itat-weekly-round-up-for-june-taxscan.webp "ITAT Weekly Round-Up [ June 26th - July 5th ]")
![No Bar on Retaining Cash for Reasonable Period if Source Traceable: ITAT Quashes Cash Deposit Addition During Demonetisation in absence of Corroborative Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/250x150_2057044-site-img30-.webp "No Bar on Retaining Cash for Reasonable Period if Source Traceable: ITAT Quashes Cash Deposit Addition During Demonetisation in absence of Corroborative Evidence [Read Order]")
![Rental Income Not Taxed: Taxpayer Claims to Be Mere Rent Collector, ITAT Permits Fresh Hearing Conditionally [Read Order]](https://images.taxscan.in/h-upload/2025/06/29/250x150_2056221-rental-income-taxed-taxpayer-rent-collector-itat-taxscan.webp "Rental Income Not Taxed: Taxpayer Claims to Be Mere Rent Collector, ITAT Permits Fresh Hearing Conditionally [Read Order]")
Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) recently directed the Assessing Officer (AO) to re-examine whether the VoluntaryRetirement Scheme (VRS) issue compensation amount was...
![Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/500x300_2051143-deduction-deduction-of-vrs-compensation-vrs-compensation-by-auto-dealer-taxscan.webp "Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]")
![Relief to Reliance Motors: ITAT holds Loan to Non-Shareholder Not a Deemed Dividend [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/500x300_2051072-reliance-motors-itat-non-shareholder-taxscan.webp "Relief to Reliance Motors: ITAT holds Loan to Non-Shareholder Not a Deemed Dividend [Read Order]")
![No Penalty or Redemption Fine if Confiscation of Goods is Set Aside by Customs Tribunal: CESTAT [read Order]](https://images.taxscan.in/h-upload/2025/06/13/500x300_2043841-chennai-cestat-no-penalty-cestat-redemption-goods-customs-tribunal-cestat-taxscan-1.webp "No Penalty or Redemption Fine if Confiscation of Goods is Set Aside by Customs Tribunal: CESTAT [read Order]")
Rejection of 80G Renewal over Non-Response to Income Tax Notices in Spam Folder: ITAT Sets Aside CIT(E) Order
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) set aside the order of the Commissioner of Income Tax (Exemptions)[CIT(E)] that rejected the section 80G renewal application due to ...
Penalty u/s 271(1)(c) Based on Estimated Addition: ITAT Deletes Penalty Citing Absence of Concealment [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT) deleted the penalty imposed under section 271(1)(c) of Income Tax Act,1961, for the Assessment Year 2008-09, holding that the penalty could...
![Penalty u/s 271(1)(c) Based on Estimated Addition: ITAT Deletes Penalty Citing Absence of Concealment [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041840-penalty-us-2711c-estimated-itat-penalty-absence-concealment-taxscan.webp "Penalty u/s 271(1)(c) Based on Estimated Addition: ITAT Deletes Penalty Citing Absence of Concealment [Read Order]")
Income Tax Notices Sent to Spam Folder in E-Mail, Not Replied: ITAT Sets Aside Ex-Parte Order citing Violation of Natural Justice
The Chennai Bench of Income Tax Appellate Tribunal( ITAT)set aside the ex parte order passed by the Commissioner of Income Tax(Appeals)[CIT(A)] for Assessment Year 2017-18 after the assessee failed...
Lack of Corroborative Evidence for Addition of Rs.4.93 Cr as Unaccounted Property Investment: ITAT Dismisses Revenue Appeals [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed nine appeals filed by the Revenue ruling that lack of corroborative evidence for additions totaling Rs. 4.93 crore made by...
![Lack of Corroborative Evidence for Addition of Rs.4.93 Cr as Unaccounted Property Investment: ITAT Dismisses Revenue Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-property-case.jpg "Lack of Corroborative Evidence for Addition of Rs.4.93 Cr as Unaccounted Property Investment: ITAT Dismisses Revenue Appeals [Read Order]")