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ITAT quashes S.263 Revision Order and Annuls CIT(A) Order due to Invalid Assessment [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the Section 263 revision order and annulled the Commissioner of Income...

Inability to prove Unexplained Cash Credit u/s 69A of Income Tax Act: ITAT remits issue to AO for...

ITAT upholds Disallowance of PF/ESI Contributions due to Late Deposits Beyond Statutory Deadlines...

ITAT Restores Case to AO for Fresh Assessment, Granting Assessee Opportunity to Substantiate Cash...

ITAT remands Matter to CIT(A) for Fresh Adjudication due to Denial of Personal Hearing to Assessee...

“No delay in filing appeal before CIT(A)”: ITAT considers COVID-19 Limitation Extension [Read Order]

In a recent ruling, the Cuttak bench of the Incomed Tax Appeallate Tribunal ( ITAT ) ruled in favour of the assessee and held that there was no delay in filing an appeal before the Commissioner of...

Procedural Lapse in Initial Proceedings u/s 148 of Income Tax nullifies Resultant Notices and Orders Automatically: ITAT [Read Order]

In a recent ruling, the Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) nullified the notice issued under Section 148 of the Income Tax Act, 1961, due to procedural lapses on the part of...

ITAT Sets Aside CIT(A) Order, Directs NFAC to Resolve Appeal Alongside Pending Assessment Matter [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)set aside the order of the Commissioner of Income Tax (Appeals)[CIT(A)] and directed the National Faceless Appeal Centre (NFAC) to resolve...

ITAT Weekly Round Up

A Round Up of the ITAT Cases Reported at Taxscan Last Week Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order] Akshaykumar Lathiya vs I.T.O....

ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the Revenue's appeal as infructuous due to the tax effect being below ₹60 lakhs, as outlined in the recently issued Circular No....

ITAT upholds NFAC Order for Recomputation of Income as ‘Capital Gains’ due to Improper Classification u/s68 r.w.s. 115BBE [Read Order]

The Income Tax Appellate Tribunal (ITAT), Visakhapatnam recently upheld an order passed by the Commissioner of Income Taxes - National Faceless Appeals Centre (CIT(A)-NFAC) directing an Assessing...

NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]

The Income Tax Appellate Tribunal (ITAT), Visakhapatnam recently remanded a case dismissed in limine by the Commissioner of Income Taxes (Appeal) - National Faceless Appeals Centre (CIT(A)-NFAC) for...

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