![Unexplained Cash Deposits u/s 69A: ITAT Remands Case to AO for Reassessment citing Natural Justice Violation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Income-Tax-Unexplained-cash-deposits-taxscan.jpg "Unexplained Cash Deposits u/s 69A: ITAT Remands Case to AO for Reassessment citing Natural Justice Violation [Read Order]")
Unexplained Cash Deposits u/s 69A: ITAT Remands Case to AO for Reassessment citing Natural Justice Violation [Read Order]
In a recent ruling, the Surat Bench of the Income Tax Appellate Tribunal ( ITAT ) held that the principles of natural justice demand the reassessment...
![Section 147 and 153C of Income Tax can be Applied Interchangeably: ITAT upholds Reassessment u/s 147 in Bogus Purchase Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Section-147-153C-of-Income-Tax-Applied-Interchangeably-ITAT-Reassessment-Bogus-Purchase-Matter-taxscan.jpg "Section 147 and 153C of Income Tax can be Applied Interchangeably: ITAT upholds Reassessment u/s 147 in Bogus Purchase Matter [Read Order]")
![Plea of Technical Glitch Rejected for Delayed EPF, ESI Payments: ITAT upholds Disallowance of 1.75L [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/delayed-EPF-and-ESI-payment-Cases-Delayed-PF-payments-penalty-EPF-and-ESI-compliance-taxscan.jpg "Plea of Technical Glitch Rejected for Delayed EPF, ESI Payments: ITAT upholds Disallowance of 1.75L [Read Order]")
![Unsecured Loans Received in Previous Years not Taxable in Next Year: ITAT deletes Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Surat-Unsecured-Loan-Taxation-in-Unsecured-Loans-Section-68-of-Income-Tax-Act-Taxscan.jpeg "Unsecured Loans Received in Previous Years not Taxable in Next Year: ITAT deletes Addition u/s 68 [Read Order]")
![ITAT Restores Case to AO for Fresh Assessment, Granting Assessee Opportunity to Substantiate Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Surat-Cash-Deposits-Income-Tax-Appellate-Tribunal-Income-Tax-Section-144-of-Income-Tax-Act-Taxscan.jpg "ITAT Restores Case to AO for Fresh Assessment, Granting Assessee Opportunity to Substantiate Cash Deposits [Read Order]")
ITAT Reduces Commission Income Addition to 0.50% on Bank Transactions in Income Tax Appeal, Citing It as Reasonable [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) reduced the commission income addition to 0.50% on bank transactions in an income tax appeal filed by the assessee, who was engaged in...
![ITAT Reduces Commission Income Addition to 0.50% on Bank Transactions in Income Tax Appeal, Citing It as Reasonable [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Surat-Income-Tax-Income-Addition-Income-Tax-Appeal-ITAT-Reduces-Income-Addition-Taxscan.jpeg "ITAT Reduces Commission Income Addition to 0.50% on Bank Transactions in Income Tax Appeal, Citing It as Reasonable [Read Order]")
ITAT Remands Case to AO for Verification of Rs. 15.71 Lakh Liability u/s 41(1) due to Insufficient Evidence of Payment and TDS Deduction [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT )Â remanded the case of the assessee to the Assessing Officer ( AO ) for verification of a Rs. 15.71 lakh liability under Section 41(1) of the...
![ITAT Remands Case to AO for Verification of Rs. 15.71 Lakh Liability u/s 41(1) due to Insufficient Evidence of Payment and TDS Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/TAT-ITAT-Surat-ITAT-Remands-Case-to-AO-TDS-Deduction-Income-Tax-Section-411-of-Income-Tax-Act-Taxscan.png "ITAT Remands Case to AO for Verification of Rs. 15.71 Lakh Liability u/s 41(1) due to Insufficient Evidence of Payment and TDS Deduction [Read Order]")
ITAT Partly allows Agricultural Income Claim, upholds Disallowance of Portion due to Lack of Evidence [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) partially allowed the claim of Rs. 5,00,000/- of the agricultural income, while upholding the disallowance of Rs. 3,10,470/- due to the lack...
![ITAT Partly allows Agricultural Income Claim, upholds Disallowance of Portion due to Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-Agricultural-Income-taxscan.jpg "ITAT Partly allows Agricultural Income Claim, upholds Disallowance of Portion due to Lack of Evidence [Read Order]")
![ITAT Condones Delay in Filing Appeal and Restores Matter for Fresh Assessment to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Plea-for-Deduction-of-Professional-and-Salary-Expenses-Income-Tax-Act-ITAT-Condones-Delay-TAXSCAN.jpg "ITAT Condones Delay in Filing Appeal and Restores Matter for Fresh Assessment to AO [Read Order]")
No Deduction for Delay in Deposit of Employees’ Contributions to ESIC and PF: ITAT Upholds Disallowance u/s 36(1)(va) [Read Order]
The Surat Bench of Income Tax Appellate Tribunal(ITAT) upheld the disallowance of deductions for delayed employee contributions to the Employees' State Insurance Corporation (ESIC) and provident fund...
![No Deduction for Delay in Deposit of Employees’ Contributions to ESIC and PF: ITAT Upholds Disallowance u/s 36(1)(va) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ESIC-and-PF.jpg "No Deduction for Delay in Deposit of Employees’ Contributions to ESIC and PF: ITAT Upholds Disallowance u/s 36(1)(va) [Read Order]")
ITAT Partially reduces addition of Unexplained Cash Deposits to ₹6,50,000, upholding CBDT Guidelines [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) partially reduced the addition of unexplained cash deposits to ₹6,50,000 while upholding the Central Board of Direct Taxes ( CBDT )...
![ITAT Partially reduces addition of Unexplained Cash Deposits to ₹6,50,000, upholding CBDT Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Surat-TAXSCAN-1.jpg "ITAT Partially reduces addition of Unexplained Cash Deposits to ₹6,50,000, upholding CBDT Guidelines [Read Order]")