![Assessment concluded by Predecessor cant be Reopened u/s 147 of Income Tax Act merely on ground of Change of Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Assessment-Predecessor-Assessment-concluded-by-Predecessor-Income-Tax-Act-ITAT-taxscan.jpg "Assessment concluded by Predecessor cant be Reopened u/s 147 of Income Tax Act merely on ground of Change of Opinion: ITAT [Read Order]")
Assessment concluded by Predecessor can't be Reopened u/s 147 of Income Tax Act merely on ground of "Change of Opinion": ITAT [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) held that the assessment concluded by the predecessor cannot be reopened under Section...
![Penalty Order issued u/s 270 for Misreporting or Not reporting Income is appealable before CIT(A): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Penalty-Misreporting-Income-Income-is-appealable-before-CITA-ITAT-income-tax-act-taxscan.jpg "Penalty Order issued u/s 270 for Misreporting or Not reporting Income is appealable before CIT(A): ITAT [Read Order]")
![AOs failure to verify Nature and Source of Income: ITAT upholds Revision Order of Pr. CIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Reopening-Reopening-Case-initiated-failure-Cash-deposits-AO-taxscan-1.jpg "AOs failure to verify Nature and Source of Income: ITAT upholds Revision Order of Pr. CIT [Read Order]")
![AO fails to Show Conclusive Proof of Assessee being Benamidar of Registered Society: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/AO-AO-fails-to-Show-Conclusive-Proof-of-Assessee-Conclusive-Proof-Conclusive-Proof-of-Assessee-taxscan.jpg "AO fails to Show Conclusive Proof of Assessee being Benamidar of Registered Society: ITAT deletes Addition [Read Order]")
Share of Substantial Profit earned from sale of Agricultural Land to NRDA eligible to Tax: ITAT upholds Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Raipur Bench while upheld the revision order held that the share of substantial profit earned from sale of agricultural land to National Rural...
![Share of Substantial Profit earned from sale of Agricultural Land to NRDA eligible to Tax: ITAT upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Share-of-Substantial-Profit-Substantial-Profit-Agricultural-Land-Profit-NRDA-NRDA-eligible-to-Tax-taxscan.jpg "Share of Substantial Profit earned from sale of Agricultural Land to NRDA eligible to Tax: ITAT upholds Revision Order [Read Order]")
ITAT Condones Delay Application for Income Tax Exemption to Educational Institution u/s 10(23C)(vi) for Subsequent Year not Being Time Barred [Read Order]
The Income Tax Appellate Tribunal (ITAT) Raipur Bench, condoned delayed application for income tax exemption to educational institution under Section 10(23C)(vi) of the Income Tax Act,1961 for...
![ITAT Condones Delay Application for Income Tax Exemption to Educational Institution u/s 10(23C)(vi) for Subsequent Year not Being Time Barred [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Condones-Delay-Application-Income-Tax-Exemption-Educational-Institution-taxscan.jpg "ITAT Condones Delay Application for Income Tax Exemption to Educational Institution u/s 10(23C)(vi) for Subsequent Year not Being Time Barred [Read Order]")
Addition made to Income which was Already Declared in Income Disclosure Scheme : ITAT directs Re-adjudication [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) directed re-adjudication to the assessing officer for making the addition to Income that was already declared in Income Disclosure...
![Addition made to Income which was Already Declared in Income Disclosure Scheme : ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Addition-made-to-Income-Declared-in-Income-Disclosure-Scheme-ITAT-directs-Re-adjudication-TAXSCAN.jpg "Addition made to Income which was Already Declared in Income Disclosure Scheme : ITAT directs Re-adjudication [Read Order]")
Delay in Filing Form 10B can be Condoned only when it was filed Before “Due Date” of Filing of Return of Income u/s.139: ITAT [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) has held that delay in filing Form 10B can be condoned only when it was filed before the “due date” of filing of return of income under...
![Delay in Filing Form 10B can be Condoned only when it was filed Before “Due Date” of Filing of Return of Income u/s.139: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Delay-in-Filing-Form-10B-Condoned-delay-Due-Date-Filing-Form-10B-Form-10B-Filing-of-Return-of-Income-ITAT-taxscan.jpg "Delay in Filing Form 10B can be Condoned only when it was filed Before “Due Date” of Filing of Return of Income u/s.139: ITAT [Read Order]")
ITAT allows Stamp Duty paid on Sale by Builder, holds Section 43CA of Income Tax Act not to be Triggered [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal (ITAT), allowed the stamp duty paid on sale by the builder and held that Section 43CA of the Income Tax Act, 1961 not to be triggered. During...
![ITAT allows Stamp Duty paid on Sale by Builder, holds Section 43CA of Income Tax Act not to be Triggered [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ITAT-Stamp-Duty-Sale-by-Builder-Section-43CA-of-Income-Tax-Act-TAXSCAN.jpg "ITAT allows Stamp Duty paid on Sale by Builder, holds Section 43CA of Income Tax Act not to be Triggered [Read Order]")
Assessment Order against non-existent Entity would be void in eyes of law: ITAT grants relief Siemens [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench while quashing the order passed by the Assessing Officer (AO) held that the Assessment Order against non-existent entities would be void in eyes...
![Assessment Order against non-existent Entity would be void in eyes of law: ITAT grants relief Siemens [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/ITAT-non-existent-Entity-Assessment-Order-Siemens-Taxscan.jpg "Assessment Order against non-existent Entity would be void in eyes of law: ITAT grants relief Siemens [Read Order]")
