![ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-quashes-Revision-Order-Natural-Justice-Principle-Fixed-Assets-Revision-Order-ITAT-Income-Tax-Act-Income-Tax-TAXSCAN.jpg "ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]")
ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench, quashed the revision order passed under Section 263 of the Income Tax Act, 1961, without...
![Deduction on account of Bad Debts are allowable, if bad debt is Written Off as irrecoverable in books of accounts: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Deduction-account-Bad-Debts-Deduction-on-account-of-Bad-Debts-are-allowable-Written-Off-irrecoverable-taxscan.jpg "Deduction on account of Bad Debts are allowable, if bad debt is Written Off as irrecoverable in books of accounts: ITAT quashes Revision Order [Read Order]")
![Addition u/s 56(2)(x) not sustainable when Conditions for purchase were as per Conditions mentioned in Allotment letter: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Addition-sustainable-Conditions-sustainable-when-Conditions-for-purchase-were-as-per-Conditions-mentioned-in-Allotment-letter-ITAT-taxscan.jpg "Addition u/s 56(2)(x) not sustainable when Conditions for purchase were as per Conditions mentioned in Allotment letter: ITAT [Read Order]")
![No Power to Review by Reopening Assessment under Section 147 of Income Tax Act if no Addition made by AO During Original Assessment : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-Power-to-Review-by-Reopening-Assessment-Income-Tax-Act-if-no-Addition-made-by-AO-During-Original-Assessment-ITAT-TAXSCAN.jpg "No Power to Review by Reopening Assessment under Section 147 of Income Tax Act if no Addition made by AO During Original Assessment : ITAT [Read Order]")
![Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Weight-of-Diamond-Weight-of-Diamond-shall-be-Excluded-to-Determine-Gross-Weight-Gross-Weight-Gross-Weight-of-Jewellery-taxscan.jpg "Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]")
Recognition u/s 80G of Income Tax Act shall not be granted without completing Registration of Trust: ITAT directs Re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT) Surat Bench directed readjudication for granting recognition under section Income Tax Act and held that without completing registration recognition...
![Recognition u/s 80G of Income Tax Act shall not be granted without completing Registration of Trust: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Recognition-Income-Tax-Act-Income-Tax-Act-shall-not-be-granted-without-completing-Registration-of-Trust-taxscan.jpg "Recognition u/s 80G of Income Tax Act shall not be granted without completing Registration of Trust: ITAT directs Re-adjudication [Read Order]")
![Mere Suspicion Not Enough for Income Tax Dept to make Additions to Taxpayers Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mere-Suspicion-Suspicion-Income-Tax-Mere-Suspicion-Not-Enough-for-Income-Tax-Dept-taxscan.jpg "Mere Suspicion Not Enough for Income Tax Dept to make Additions to Taxpayers Income: ITAT [Read Order]")
Plea for Deduction of Professional and Salary Expenses u/s 201 of Income Tax Act: ITAT Condones Delay of 85 Days [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) in the absence of deliberate or intentional or gross negligence and hence condoned the delay of 85 days and allowed the plea for deduction of...
![Plea for Deduction of Professional and Salary Expenses u/s 201 of Income Tax Act: ITAT Condones Delay of 85 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Plea-for-Deduction-of-Professional-and-Salary-Expenses-Income-Tax-Act-ITAT-Condones-Delay-TAXSCAN.jpg "Plea for Deduction of Professional and Salary Expenses u/s 201 of Income Tax Act: ITAT Condones Delay of 85 Days [Read Order]")
Internet Subscription Expenses incurred for members of Housing Society are not eligible for Deduction u/s 57 of Income Tax Act: ITAT [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) has held that the Internet subscription expenses incurred for members of housing society are not eligible for deduction under...
![Internet Subscription Expenses incurred for members of Housing Society are not eligible for Deduction u/s 57 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Internet-Subscription-Expenses-incurred-for-members-of-Housing-Society-are-not-eligible-for-Deduction-Income-Tax-Act-ITAT-TAXSCAN.jpg "Internet Subscription Expenses incurred for members of Housing Society are not eligible for Deduction u/s 57 of Income Tax Act: ITAT [Read Order]")
Fair Market Value determined by Registered valuers for Computation of Taxable value should not be ignored: ITAT [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) has held that the fair market value determined by the registered valuers for the purpose of computation of taxable value should not be ignored....
![Fair Market Value determined by Registered valuers for Computation of Taxable value should not be ignored: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Fair-market-value-determined-by-registered-valuers-for-computation-of-taxable-value-should-not-be-ignored-ITAT-TAXSCAN.jpg "Fair Market Value determined by Registered valuers for Computation of Taxable value should not be ignored: ITAT [Read Order]")
![No Addition during Reassessment once Genuineness of Transaction is Proven: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Addition-during-Reassessment-once-Genuineness-of-Transaction-is-Proven-ITAT-TAXSCAN.jpg "No Addition during Reassessment once Genuineness of Transaction is Proven: ITAT [Read Order]")
No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench, has recently, in an appeal filed before it, held that there can be no deemed registration, if the income tax department is not deciding...
![No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Deemed-Registration-Income-Tax-Department-Registration-Application-ITAT-TAXSCAN.jpg "No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]")