![ITAT Annual Digest [Part 33]](https://www.taxscan.in/wp-content/uploads/2024/01/annual-digest-2023-Part-33.jpg "ITAT Annual Digest [Part 33]")
ITAT Annual Digest [Part 33]
This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Land not a Capital Asset but a “Work-in-Progress” for...
![ITAT Annual Digest [Part 21]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-cases-2023-Tax-tribunal-updates-Annual-tax-analysis-Income-tax-appeals-ITAT-decisions-2023-ITAT-Cases-TAXSCAN.jpg "ITAT Annual Digest [Part 21]")
![ITAT Annual Digest [Part 17]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-cases-2023-Tax-tribunal-updates-Annual-tax-analysis-Income-tax-appeals-ITAT-decisions-2023-ITAT-ITAT-Case-taxscan.jpg "ITAT Annual Digest [Part 17]")
![Reopening of Assessment u/s 147 cant be initiated when no Transfer took place on Account of JDA entered by Group of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Reopening-of-Assessment-Transfer-took-place-on-Account-of-JDA-entered-Group-of-Assessee-ITAT-TAXSCAN.jpg "Reopening of Assessment u/s 147 cant be initiated when no Transfer took place on Account of JDA entered by Group of Assessee: ITAT [Read Order]")
![Capital Gain u/s 47(xiii) cant be attracted on Failure to prove Existence of Firm and its Succession with Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Capital-Gain-Failure-to-prove-Existence-of-Firm-and-its-Succession-with-Company-ITAT-TAXSCAN.jpg "Capital Gain u/s 47(xiii) cant be attracted on Failure to prove Existence of Firm and its Succession with Company: ITAT [Read Order]")
![Addition u/s 69A of Income Tax Act when Specific Notes form a part of Gross Sale: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Income-Tax-Act-Specific-Notes-Gross-Sale-ITAT-TAXSCAN.jpg "Addition u/s 69A of Income Tax Act when Specific Notes form a part of Gross Sale: ITAT [Read Order]")
ITAT directs to delete 75% of total addition made towards Overburden Removal Expenditure incurred for Mining Operations [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench directed to delete 75% of total addition made towards the overburden removal expenditure incurred for mining operations. The assessee,...
![ITAT directs to delete 75% of total addition made towards Overburden Removal Expenditure incurred for Mining Operations [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/ITAT-total-addition-addition-Overburden-taxscan.jpg "ITAT directs to delete 75% of total addition made towards Overburden Removal Expenditure incurred for Mining Operations [Read Order]")
Difference in dates of Agreement fixing for Consideration and Registration Of Property : ITAT directs to take Date of Agreement adopted by SVA for Compute Full Value Consideration [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench while observing the difference in dates of agreement fixing for consideration and registration of property, directed to take date of...
![Difference in dates of Agreement fixing for Consideration and Registration Of Property : ITAT directs to take Date of Agreement adopted by SVA for Compute Full Value Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Difference-dates-of-Agreement-Agreement-Registration-Of-Property-Registration-Property-taxscan.jpg "Difference in dates of Agreement fixing for Consideration and Registration Of Property : ITAT directs to take Date of Agreement adopted by SVA for Compute Full Value Consideration [Read Order]")
Deletion of Addition u/s 68 against Bharat Auto based on Vague, Unsubstantiate and Cryptic Findings: ITAT Directs Re-adjudication [Read Notification]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has directed re-adjudication as the deletion of addition under Section 68 of the Income Tax Act 1961 Bharat Auto was based on vague,...
![Deletion of Addition u/s 68 against Bharat Auto based on Vague, Unsubstantiate and Cryptic Findings: ITAT Directs Re-adjudication [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/11/Deletion-of-Addition-Bharat-Auto-based-on-Vague-Unsubstantiate-and-Cryptic-Findings-ITAT-Directs-Re-adjudication-Re-adjudication-ITAT-Income-Tax-Act-TAXSCAN.jpg "Deletion of Addition u/s 68 against Bharat Auto based on Vague, Unsubstantiate and Cryptic Findings: ITAT Directs Re-adjudication [Read Notification]")
Insurance Activities Carried out by Cooperative Society do not fall with Banking Business: ITAT upholds Disallowance of Deduction u/s 80P of Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) Hyderabad bench held insurance activities carried out by cooperative society did not fall with banking business. Therefore, the bench upheld the disallowance...
![Insurance Activities Carried out by Cooperative Society do not fall with Banking Business: ITAT upholds Disallowance of Deduction u/s 80P of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Insurance-Activities-Cooperative-Society-Banking-Business-ITAT-Disallowance-of-Deduction-Income-Tax-Act-TAXSCAN.jpg "Insurance Activities Carried out by Cooperative Society do not fall with Banking Business: ITAT upholds Disallowance of Deduction u/s 80P of Income Tax Act [Read Order]")
Capital Gain Deduction u/s 54F of Income Tax Act cannot be allowed without holding Flats for a minimum period of 3 years: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) held that the capital gain deduction under Section 54F of the Income Tax Act, 1961 cannot be allowed without holding flats for a...
![Capital Gain Deduction u/s 54F of Income Tax Act cannot be allowed without holding Flats for a minimum period of 3 years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Capital-Gain-Deduction-54F-of-Income-Tax-Act-allowed-without-holding-Flats-for-a-minimum-ITAT-TAXSCAN.jpg "Capital Gain Deduction u/s 54F of Income Tax Act cannot be allowed without holding Flats for a minimum period of 3 years: ITAT [Read Order]")