![Addition of Unexplained Income based on Information from SEBI not valid in Absence of Opportunity to produce Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Addition-of-Unexplained-Income-Unexplained-Income-SEBI-Absence-of-Opportunity-Evidence-ITAT-Income-Tax-Income-taxscan.jpg "Addition of Unexplained Income based on Information from SEBI not valid in Absence of Opportunity to produce Evidence: ITAT [Read Order]")
Addition of Unexplained Income based on Information from SEBI not valid in Absence of Opportunity to produce Evidence: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the addition of Unexplained income based on information from SEBI is...
![Sec 69 of Income Tax Act not applicable when amount represents Sale Proceeds realized by Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Act-Income-Tax-Tax-Company-Sale-Sale-Proceeds-ITAT-Taxscan.jpg "Sec 69 of Income Tax Act not applicable when amount represents Sale Proceeds realized by Company: ITAT [Read Order]")
![Rejection of Condonation Application on mere Technical Grounds amounts to Violation of Natural Justice Principles: ITAT remands matter back to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Application-Technical-Grounds-Natural-Justice-Principles-ITAT-CITA-TAXSCAN.jpeg "Rejection of Condonation Application on mere Technical Grounds amounts to Violation of Natural Justice Principles: ITAT remands matter back to CIT(A) [Read Order]")
![Income Tax Deduction u/s 43B not applicable to Mine Closure Fund: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Deduction-applicable-to-Mine-Closure-Fund-ITAT-TAXSCAN.jpg "Income Tax Deduction u/s 43B not applicable to Mine Closure Fund: ITAT [Read Order]")
![No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/exemption-Income-from-agricultural-land-capital-ITAT-TAXSCAN.jpg "No Exemption on Income from Sale of Non-Agricultural Land on failure to fulfil twin condition for not being a Capital Asset: ITAT [Read Order]")
Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT)has held that capital gain exemption cannot be denied on the ground of Delay in the registration of new property for reasons beyond the...
![Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Capital-gain-exemption-registration-property-ITAT-TAXSCAN.jpg "Capital Gain Exemption cannot be denied on ground of Delay in Registration of New Property for reasons beyond control: ITAT [Read Order]")
No Information available with respect to Subsequent Recovery of Bad Debts: ITAT sustains Disallowances of Bad Debt written off for Rupees Twenty Lakhs
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench sustained disallowances of bad debt written off for Rupees Twenty Lakhs as there was No information available with respect to subsequent...
![Share Trading through Benami: ITAT upholds Denial of Claim of Business Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Share-Trading-Benami-ITAT-Business-Loss-taxscan.jpeg "Share Trading through Benami: ITAT upholds Denial of Claim of Business Loss [Read Order]")
![ITAT allows Depreciation on Cost of the Assets as Expenditure is allowable [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/ITAT-Depreciation-Expenditure-Income-Tax-Taxscan.jpg "ITAT allows Depreciation on Cost of the Assets as Expenditure is allowable [Read Order]")
ITAT allows Foreign Tax Credit to Taxpayer on Remuneration Income under India-UK Tax Treaty [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench allowed the foreign tax credit to a taxpayer on his remuneration income under the India-UK tax treaty. The assessee, Kapil Dev Ranwan who...
![ITAT allows Foreign Tax Credit to Taxpayer on Remuneration Income under India-UK Tax Treaty [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-Foreign-Tax-Credit-Taxpayer-Remuneration-Income-India-UK-Tax-Treaty-Taxscan-1.jpg "ITAT allows Foreign Tax Credit to Taxpayer on Remuneration Income under India-UK Tax Treaty [Read Order]")
![ITAT quashes ex parte order against Fox Mandal [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/ITAT-ex-parte-order-Fox-Mandal-Taxscan.jpg "ITAT quashes ex parte order against Fox Mandal [Read Order]")
![Mitsui India isn’t a DAPE under India-Japan Tax Treaty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Mitsui-India-India-Japan-Tax-Treaty-DAPE-Taxscan.jpeg "Mitsui India isn’t a DAPE under India-Japan Tax Treaty: ITAT [Read Order]")