![Higher Tax Rate u/s 115BBE not Applicable as per Earlier Rulings for Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Surat-TAXSCAN.jpg "Higher Tax Rate u/s 115BBE not Applicable as per Earlier Rulings for Assessee: ITAT [Read Order]")
Higher Tax Rate u/s 115BBE not Applicable as per Earlier Rulings for Assessee: ITAT [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that the higher tax rate under Section 115BBE of the Income Tax Act, 1961, was not...
![Non-Submission of crucial Evidence on Unexplained Cash Credits due to COVID-19 disruptions: ITAT accepts delayed Evidence, remands matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Surat-Income-Tax-unexplained-cash-credits-taxscan.jpg "Non-Submission of crucial Evidence on Unexplained Cash Credits due to COVID-19 disruptions: ITAT accepts delayed Evidence, remands matter [Read Order]")
![ITAT Rejects Plea to Condone One-Day Delay in PF and ESI Contributions, Upholds Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Surat-PF-and-ESI-Contributions-TAXSCAN.jpg "ITAT Rejects Plea to Condone One-Day Delay in PF and ESI Contributions, Upholds Disallowance [Read Order]")
![Partnership Firm Converted into LLP: ITAT quashes Revision Proceedings Due to Non-Existence of Entity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Revision-Proceedings-Partnership-Firm-Income-Tax-Section-263-of-Income-Tax-Act-Partnership-firm-converted-into-LLP-TAXSCAN.jpg "Partnership Firm Converted into LLP: ITAT quashes Revision Proceedings Due to Non-Existence of Entity [Read Order]")
![Unsigned, Undated and Unstamped Satakhat has No Evidentiary value in Eyes of Law: ITAT deletes Rs. 1.19 crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Unsigned-Satakhat-Income-Tax-Undated-Satakhat-Satakhat-Unstamped-Satakhat-taxscan.jpg "Unsigned, Undated and Unstamped Satakhat has No Evidentiary value in Eyes of Law: ITAT deletes Rs. 1.19 crore Addition [Read Order]")
Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]
The Surat bench of Income Tax Appellate Tribunal ( ITAT ) has directed to pass fresh income tax assessment order as the CIT(A) and AO passed ex-parte order. No physical notice for hearing or order...
![Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Service-of-Notice-E-mail-despite-email-notice-improper-ITAT-remands-matter-for-improper-notice-taxscan.jpg "Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]")
Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter alleged cash deposit during the demonetization period back to the assessing officer ( AO ) to verify the agriculturalist...
![Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Pre-Demonetization-Cash-Deposit-Ex-Parte-Assessment-ITAT-remands-ex-parte-assessment-taxscan.jpg "Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]")
AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) deleted Rs. 15 Lakh addition alleged accommodation entries in the form of loans based on third-party information citing that the transaction...
![AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surath-Fake-Loan-ITAT-Deletes-Addition-Genuine-Transaction-ITAT-deletes-15-lakh-addition-taxscan.jpg "AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]")
![ITAT Annual Digest [Part 67]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Taxscan-ITAT-analysis-Income-Tax-Appellate-Tribunal-ITAT-annual-review-ITAT-judgments-Tax-tribunal-updates-taxscan.jpg "ITAT Annual Digest [Part 67]")
![ITAT Annual Digest [Part-41]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Tax-tribunal-updates-Income-Tax-Appellate-Tribunal-Income-tax-updates-2023-Income-Tax-taxscan.jpg "ITAT Annual Digest [Part-41]")
Every Loss of revenue as a consequence of an order of Assessing Officer cannot be treated as Prejudicial to Interest of Revenue: ITAT quashes Revision Order passed against Depreciation claimed on New Assets
The Income Tax Appellate Tribunal (ITAT), Surat bench, quashed the revision order passed under section 263 of the Income Tax Act, 1961, without following the natural justice principle in respect of...
No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench held that no revision order could be passed on issues raised by the PCIT outside the scope of limited scrutiny. Therefore, the bench quashed the...
![No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Revision-Order-Passed-On-Issue-Raised-By-PCIT-Outside-Scope-Limited-Scrutiny-Allows-Assessee-Appeal-ITAT-Income-Tax-TAXSCAN.jpg "No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]")