No Evidence of Cash Receipt: ITAT Deletes Addition of Rs.2.5 Crore due to Lack of Corroborative Proof
The Income Tax Appellate Tribunal (ITAT), Nagpur Bench, has nullified an addition of Rs. 2.5 crore made by tax authorities against Shrigopal...
![Rejection of Trusts Registration u/s 80G due to Insufficient Details: ITAT Remands Matter to CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Rejection-of-Trusts-Registration-Trusts-Registration-Section-80G-Due-to-Insufficient-Details-Insufficient-Details-ITAT-ITAT-Remands-Matter-taxscan.jpg "Rejection of Trusts Registration u/s 80G due to Insufficient Details: ITAT Remands Matter to CIT(E) [Read Order]")
![S. 12A Amendments on Timely Filing Apply from AY 2018-19, Not Retroactively: ITAT Allows Society’s Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-tax-exemption-for-societies.jpg "S. 12A Amendments on Timely Filing Apply from AY 2018-19, Not Retroactively: ITAT Allows Society’s Exemption [Read Order]")
![ITAT Upholds CIT(A) Deletion of ₹2.17 Crore Addition u/s 69C Due to Lack of Evidence on Unexplained Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Unexplained-Expenditure.jpg "ITAT Upholds CIT(A) Deletion of ₹2.17 Crore Addition u/s 69C Due to Lack of Evidence on Unexplained Expenditure [Read Order]")
![Income from Mushroom Cultivation Qualifies as Agricultural Income, Exempt u/s 10(1): ITAT Dismisses Revenue’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Mushroom-Cultivation.jpg "Income from Mushroom Cultivation Qualifies as Agricultural Income, Exempt u/s 10(1): ITAT Dismisses Revenue’s Appeal [Read Order]")
ITAT quashes Addition on Previous Year on Account of Seven Companies by finding Investment Transactions to be Genuine of two companies [Read Order]
The Nagpur bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the addition of Rs. 6.58 crore for the previous year, finding the investment transactions of two out of seven companies to be...
![ITAT quashes Addition on Previous Year on Account of Seven Companies by finding Investment Transactions to be Genuine of two companies [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Nagpur-Income-Tax-Appellate-Tribunal-ITAT-quashes-Addition-TAXSCAN.jpeg "ITAT quashes Addition on Previous Year on Account of Seven Companies by finding Investment Transactions to be Genuine of two companies [Read Order]")
No Legal Action Including Income Tax Can Proceed by or against Party whose Liquidation Order is passed: ITAT dismisses Appeals [Read Order]
The Nagpur Bench of Income Tax Appellate Tribunal ( ITAT ), on hearing two parallel cases, held that no legal action including Income Tax can be proceed by or against the party whose liquidation...
![No Legal Action Including Income Tax Can Proceed by or against Party whose Liquidation Order is passed: ITAT dismisses Appeals [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-ITAT-ITAT-Nagpur-Legal-action-proceed-against-party-Income-Tax-Appellate-Tribunal-Taxscan.jpg "No Legal Action Including Income Tax Can Proceed by or against Party whose Liquidation Order is passed: ITAT dismisses Appeals [Read Order]")
Income from Surplus Funds in Bank Deposits Eligible for Deduction u/s 80P(2)(a)(i) of Income Tax: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) has ruled that the interest income from bank deposits is eligible for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961. The appellant,...
![Income from Surplus Funds in Bank Deposits Eligible for Deduction u/s 80P(2)(a)(i) of Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-Section-80P2ai-Section-80P2ai-Income-Tax-Act-Income-Tax-Income-Tax-News-Tax-news-TAXSCAN.webp "Income from Surplus Funds in Bank Deposits Eligible for Deduction u/s 80P(2)(a)(i) of Income Tax: ITAT [Read Order]")
![TDS Orders Beyond Four-Year Limit is Invalid: ITAT quashes CIT(A)s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-Tax-Deducted-at-Source-TDS-Income-Tax-Appellate-Tribunal-TDS-orders-four-year-limit-TDS-demand-taxscan.jpg "TDS Orders Beyond Four-Year Limit is Invalid: ITAT quashes CIT(A)s Order [Read Order]")
Income Computation Admitted Before CIT(A) cannot be Easily Contested at Tribunal Level: ITAT [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) upheld the order of the Commissioner of Income Tax (Appeals) emphasizing that once the assessee’s income computation is admitted before...
![Income Computation Admitted Before CIT(A) cannot be Easily Contested at Tribunal Level: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-CITA-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Appeals-Commissioner-of-Income-Tax-Taxscan.webp "Income Computation Admitted Before CIT(A) cannot be Easily Contested at Tribunal Level: ITAT [Read Order]")
![Section 80IA Deduction not allowable for Belated Income Tax Returns: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-Returns-Income-Tax-Appellate-Tribunal-Income-Tax-Calcutta-High-Court-ITAT-Nagpur-Section-80IA-Deduction-taxscan.jpg "Section 80IA Deduction not allowable for Belated Income Tax Returns: ITAT [Read Order]")