![ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-Income-Tax-ITAT-Dismisses-Revenue-Appeal-Revenue-appeal-dismissed-ITAT-dismisses-low-tax-appeal-Taxscan.jpg "ITAT Dismisses Revenue Appeal as Infructuous Due to Tax Effect Below ₹60 Lakhs [Read Order]")
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,...
![ITAT upholds NFAC Order for Recomputation of Income as ‘Capital Gains’ due to Improper Classification u/s68 r.w.s. 115BBE [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/capital-gain.jpg "ITAT upholds NFAC Order for Recomputation of Income as ‘Capital Gains’ due to Improper Classification u/s68 r.w.s. 115BBE [Read Order]")
![NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NFAC-Appeal-ITAT-taxscan.jpg "NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]")
![Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Service-of-Notice-E-mail-despite-email-notice-improper-ITAT-remands-matter-for-improper-notice-taxscan.jpg "Service of Notice through E-mail despite Opting ‘No’ is Improper: ITAT remands Matter [Read Order]")
![Rs. 54.52 Lakh Unexplained Income from Sugar Sale: ITAT Directs Fresh Assessment of S.69 Income Tax Addition Amid Contradictory Claims [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Bangalore-Assessing-Officer-Sugar-Sale-Taxscan.jpg "Rs. 54.52 Lakh Unexplained Income from Sugar Sale: ITAT Directs Fresh Assessment of S.69 Income Tax Addition Amid Contradictory Claims [Read Order]")
COVID-19 prevented Assessee from complying with Income Tax Notices: ITAT quashes Penalty u/s 272A(1)(d) [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Pune Bench recently quashed a penalty under Section 272A(1)(d) of the Income Tax Act, 1961, citing COVID-19 as a valid reason for non-compliance with...
![COVID-19 prevented Assessee from complying with Income Tax Notices: ITAT quashes Penalty u/s 272A(1)(d) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Pune-Income-tax-COVID-19-Income-Tax-Notice-Section-272A1d-of-Income-Tax-Act-taxscan.jpg "COVID-19 prevented Assessee from complying with Income Tax Notices: ITAT quashes Penalty u/s 272A(1)(d) [Read Order]")
ITAT quashes Reassessment Order on Cash Deposits due to AO's Vague Reasoning and Non-Application of Mind [Read Order]
The Delhi Bench of Income Tax Appellate Authority ( ITAT ) quashed the reassessment order on cash deposits due to the assessing officer's vague reasoning and non-application of mind for reopening the...
![ITAT quashes Reassessment Order on Cash Deposits due to AOs Vague Reasoning and Non-Application of Mind [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Delhi-Income-Tax-Appellate-Authority-ITAT-Quashes-Reassessment-Order-Non-Application-of-Mind-assessing-officers-vague-reasoning-Cash-Deposits-Reassessment-Order-on-Cash-Deposits-TAXSCAN.jpg "ITAT quashes Reassessment Order on Cash Deposits due to AOs Vague Reasoning and Non-Application of Mind [Read Order]")
SC Dismisses Rs. 5L Cost imposed by Allahabad HC against Income Tax Dept for Initiating Reassessment with Incorrect Information [Read Order]
The cost of Rs. 5 lakhs was dismissed by the Supreme Court which was imposed by the Allahabad High Court following the power abuse of the income tax department. The apex court condoned the delay,...
![SC Dismisses Rs. 5L Cost imposed by Allahabad HC against Income Tax Dept for Initiating Reassessment with Incorrect Information [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Supreme-Court-Allahabad-High-Court-Allahabad-HC-Income-Tax-Dept-Reassessment-with-Incorrect-Information-taxscan.jpg "SC Dismisses Rs. 5L Cost imposed by Allahabad HC against Income Tax Dept for Initiating Reassessment with Incorrect Information [Read Order]")
ITAT Remits Matter to AO for Reassessment as CIT(A) Sent Notices to Incorrect Email ID [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) remitted the matter to the Assessing Officer ( AO ) for reassessment after finding that the Commissioner of Income Tax(Appeals) [CIT(A)]...
![ITAT Remits Matter to AO for Reassessment as CIT(A) Sent Notices to Incorrect Email ID [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Remits-Matter-AO-Reassessment-CITA-Sent-Notices-Incorrect-Email-ID-taxscan.jpg "ITAT Remits Matter to AO for Reassessment as CIT(A) Sent Notices to Incorrect Email ID [Read Order]")
19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) condoned a delay of 19 days in filing an appeal due to notices being sent to an outdated email address.The delay occurred because the...
![19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-CITA-Taxscan.jpg "19 Days of Delay in Filing Appeal Condoned due to Outdated Email Address: ITAT remits Matter to CIT(A) [Read Order]")
S.80P(2)(d) Exclusion on Fixed Deposit Interest has to be considered u/s 57 of Income Tax: ITAT directs AO to Reassess Matter [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) has directed the Assessing Officer (AO) to reassess the fixed deposit interest claims of Tungabhadra Credit Co-operative Society,...
![S.80P(2)(d) Exclusion on Fixed Deposit Interest has to be considered u/s 57 of Income Tax: ITAT directs AO to Reassess Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-bangalore-Fixed-Deposit-Fixed-Deposit-Interest-Assessing-Officer-Section-80P2d-taxscan.jpg "S.80P(2)(d) Exclusion on Fixed Deposit Interest has to be considered u/s 57 of Income Tax: ITAT directs AO to Reassess Matter [Read Order]")
![ITAT Invalidates unsigned NFAC Order, remands Matter for Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-unsigned-NFAC-Order-remands-Matter-Re-Adjudication-taxscan.jpg "ITAT Invalidates unsigned NFAC Order, remands Matter for Re-Adjudication [Read Order]")