Violation of Natural Justice for Lack of Hearing Opportunity: ITAT Remands Case to CIT(A) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) remanded the case to the Commissioner of Income Tax (Appeals) [CIT(A)] due to a violation...
![CIT(A) Dismisses Appeal as Time-Barred Despite Extended Deadline: ITAT Orders Rehearing and ₹10,000 Cost on Revenue [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "CIT(A) Dismisses Appeal as Time-Barred Despite Extended Deadline: ITAT Orders Rehearing and ₹10,000 Cost on Revenue [Read Order]")
![Relief for Bennet Coleman: ITAT quashes Assessment Order u/s 153 as NFAC delays digital signature beyond statutory deadline [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Bennet-Coleman-NFAC-National-Faceless-Assessment-Centre-NFAC-digital-signature-delay-taxscan.jpg "Relief for Bennet Coleman: ITAT quashes Assessment Order u/s 153 as NFAC delays digital signature beyond statutory deadline [Read Order]")
![Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Co-operative-societies-credit-facilities-Income-Tax-Deduction-Deduction-under-Section-80P-Tax-benefits-for-co-operative-societies-Section-80P-income-tax-taxscan.jpg "Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]")
![Non-Appearance before CIT(A) Due to Hearing Notices Sent to Non-Communication Email Address: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-Email-address-issues-under-ITAT-Hearing-Notices-TAXSCAN.jpg "Non-Appearance before CIT(A) Due to Hearing Notices Sent to Non-Communication Email Address: ITAT directs Fresh Adjudication [Read Order]")
Hearing Notices Sent by CIT(A) via Email against Assessee's Request in Form 35: ITAT remits Matter to CIT(A) [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) has remitted the matter to the Commissioner of Income Tax (Appeals)[CIT(A)] after finding that hearing notices were sent via email,...
![Hearing Notices Sent by CIT(A) via Email against Assessees Request in Form 35: ITAT remits Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-Income-Tax-Appellate-Tribunal-ITAT-News-TAXSCAN.jpeg "Hearing Notices Sent by CIT(A) via Email against Assessees Request in Form 35: ITAT remits Matter to CIT(A) [Read Order]")
Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that co-operative societies providing credit to their members are eligible for deductions under Section 80P(2)(a)(i) of the Income...
![Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Banglaore-Income-Tax-Cooperative-societies-tax-deductions-Cooperative-societies-taxscan.jpg "Co-operative Societies Offering Credit to its Members Eligible for Deductions u/s 80P(2)(a)(i): ITAT [Read Order]")
Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) in a recent decision reaffirmed the need for ensuring clarity and avoiding all sorts of procedural ambiguity while issuing Notices and...
![Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-Income-Tax-Income-Tax-Notice-Income-Tax-Act-Assessment-Order-taxscan.jpg "Non-mentioning of Specific Limb in Income Tax Notice and Assessment Order by AO: ITAT deletes Penalty u/s 271(1)(c) [Read Order]")
No Jurisdiction for AO to substitute NAV method of Assessing Valuation of Shares when Assessee Exercised DCF Valuation Method: HP HC [Read Order]
In a recent decision, the Himachal Pradesh High Court held that the Assessing Officer lacks jurisdiction to substitute the net asset value ( NAV ) method of assessing valuation of shares when...
Kerala HC Halts Coercive Recovery Measures, Orders Swift Appeal Resolution for Co-operative Bank, Prevents Undue Financial Hardship [Read Order]
The Kerala High Court has ordered an immediate halt to coercive recovery measures by the income tax authorities against the Pallickal Naduvilemuri Service Co-operative Bank Ltd. The ruling comes...
NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]
In a recent decision the Delhi High Court ruled that the National Faceless Assessment Centre ( NFAC ) cannot invoke Section 144B of the Income Tax Act, 1961 based on failure to lodge claim within...
![NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/NFAC-Invoke-Income-Tax-Act-Failure-to-Lodge-claim-Time-Stipulated-Delhi-HC-taxscann.jpg "NFAC cannot Invoke Section 144B of Income Tax Act based on Failure to Lodge claim within Time Stipulated: Delhi HC [Read Order]")
Income Tax Dept issues Notices on Saturday asking Production of Documents on Monday, sparks outrage among CA, Tax Professionals
Ideally, tax should be levied like how a honey bee collects honey from flowers. What Chanakya said, explaining Raj Dharma, was that a government should collect taxes in the manner a honey bee...
