![ITAT Dismisses Revenue’s Appeals against Civil Contractor as Tax Effect Below ₹60 Lakhs, Grounds Termed “Cryptic and Nebulous” [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Dismisses-Revenues-Appeals-Revenues-Appeals-taxscan.jpg "ITAT Dismisses Revenue’s Appeals against Civil Contractor as Tax Effect Below ₹60 Lakhs, Grounds Termed “Cryptic and Nebulous” [Read Order]")
ITAT Dismisses Revenue’s Appeals against Civil Contractor as Tax Effect Below ₹60 Lakhs, Grounds Termed “Cryptic and Nebulous” [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) recently dismissed two appeals filed by the Income Tax Officer against the assessee...
![Income Already Disclosed: ITAT Deletes Unexplained Expenses and Stock Valuation Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-Already-Disclosed-ITAT-ITAT-Deletes-Unexplained-Expenses-Unexplained-Expenses-Unexplained-Expenses-and-Stock-Valuation-Addition-taxscan.jpg "Income Already Disclosed: ITAT Deletes Unexplained Expenses and Stock Valuation Addition [Read Order]")
![Rejection of Trusts Registration u/s 80G due to Insufficient Details: ITAT Remands Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Rejection-of-Trusts-Registration-Trusts-Registration-Section-80G-Due-to-Insufficient-Details-Insufficient-Details-ITAT-ITAT-Remands-Matter-taxscan.jpg "Rejection of Trusts Registration u/s 80G due to Insufficient Details: ITAT Remands Matter to CIT(E) [Read Order]")
![S. 12A Amendments on Timely Filing Apply from AY 2018-19, Not Retroactively: ITAT Allows Society’s Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-tax-exemption-for-societies.jpg "S. 12A Amendments on Timely Filing Apply from AY 2018-19, Not Retroactively: ITAT Allows Society’s Exemption [Read Order]")
Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) ruled that additions to income based solely on loose sheets, handwritten notations, or unregistered agreements are not sustainable under...
![Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/itat-siteimg.jpg "Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]")
ITAT Upholds CIT(A) Deletion of ₹2.17 Crore Addition u/s 69C Due to Lack of Evidence on Unexplained Expenditure [Read Order]
The Nagpur Bench of Income Tax Appellate Tribunal(ITAT) upheld the Commissioner of Income Tax(Appeals) [CIT(A)]’s decision to delete the ₹2.17 crore addition made under Section 69C of Income Tax...
![ITAT Upholds CIT(A) Deletion of ₹2.17 Crore Addition u/s 69C Due to Lack of Evidence on Unexplained Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Unexplained-Expenditure.jpg "ITAT Upholds CIT(A) Deletion of ₹2.17 Crore Addition u/s 69C Due to Lack of Evidence on Unexplained Expenditure [Read Order]")
Income from Mushroom Cultivation Qualifies as Agricultural Income, Exempt u/s 10(1): ITAT Dismisses Revenue’s Appeal [Read Order]
The Nagpur Bench of Income Tax Appellate Tribunal(ITAT) dismissed the Revenue’s appeal, affirming that income from mushroom cultivation qualifies as agricultural income exempt under Section 10(1) of...
![Income from Mushroom Cultivation Qualifies as Agricultural Income, Exempt u/s 10(1): ITAT Dismisses Revenue’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Mushroom-Cultivation.jpg "Income from Mushroom Cultivation Qualifies as Agricultural Income, Exempt u/s 10(1): ITAT Dismisses Revenue’s Appeal [Read Order]")
![Income Tax Amendment of Section 80AC Not Retrospective: ITAT Allows 80P Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/80P-Deduction.jpg "Income Tax Amendment of Section 80AC Not Retrospective: ITAT Allows 80P Deduction [Read Order]")
ITAT quashes Addition on Previous Year on Account of Seven Companies by finding Investment Transactions to be Genuine of two companies [Read Order]
The Nagpur bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the addition of Rs. 6.58 crore for the previous year, finding the investment transactions of two out of seven companies to be...
![ITAT quashes Addition on Previous Year on Account of Seven Companies by finding Investment Transactions to be Genuine of two companies [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Nagpur-Income-Tax-Appellate-Tribunal-ITAT-quashes-Addition-TAXSCAN.jpeg "ITAT quashes Addition on Previous Year on Account of Seven Companies by finding Investment Transactions to be Genuine of two companies [Read Order]")
Interest Income from Co-operative Bank qualifies as Business Income: ITAT allows Co-operative Society to claim Deduction u/s 80P [Read Order]
The Nagpur bench of the Income Tax Appellate Tribunal ( ITAT ) held that interest income from a co-operative Bank qualifies as business income and allowed the co-operative society to claim deduction...
![Interest Income from Co-operative Bank qualifies as Business Income: ITAT allows Co-operative Society to claim Deduction u/s 80P [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Interest-Income-Co-operative-Bank-Business-Income-ITAT-Co-operative-Society-Deduction-taxscan.jpg "Interest Income from Co-operative Bank qualifies as Business Income: ITAT allows Co-operative Society to claim Deduction u/s 80P [Read Order]")
![Interest u/s 234C to be Calculated on Tax Due as Per Returned Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Nagpur-Tax-Due-Interest-Taxscan.jpg "Interest u/s 234C to be Calculated on Tax Due as Per Returned Income: ITAT [Read Order]")