![Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ITAT-directs-readjudication-Assessment-Order-TAXSCAN.jpg "Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]")
Ex Parte Assessment Order passed regarding Bogus Purchases: ITAT directs re adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench, directed readjudication on account of an ex parte assessment order regarding the bogus...
![Failure to Furnish Supporting Evidence against addition under Income Tax Act: Kerala HC upholds addition to Capital Account of Partner [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Failure-to-Furnish-Supporting-Evidence-Income-Tax-Act-Kerala-HC-Capital-Account-of-Partner-TAXSCAN.jpg "Failure to Furnish Supporting Evidence against addition under Income Tax Act: Kerala HC upholds addition to Capital Account of Partner [Read Order]")
![Recovery Proceedings on Arrears of Income Tax: Kerala HC directs NFAC to decide Appeal expeditiously [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Recovery-Proceedings-Arrears-of-Income-Tax-Kerala-HC-NFAC-Appeal-expeditiously-TAXSCAN.jpg "Recovery Proceedings on Arrears of Income Tax: Kerala HC directs NFAC to decide Appeal expeditiously [Read Order]")
![ITAT dismisses appeal due to non compliance of notice issued by ITD for determining value of land u/s 50C of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-dismisses-appeal-non-compliance-notice-issued-ITD-for-determining-value-land-50C-Income-Tax-Act-TAXSCAN.jpg "ITAT dismisses appeal due to non compliance of notice issued by ITD for determining value of land u/s 50C of Income Tax Act [Read Order]")
![Assessees case not being represented before authorities for registration of e-mail of replaced chartered accountant deserves another opportunity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Assessees-case-registration-e-mail-replaced-chartered-accountant-another-opportunity-ITAT-taxscan.jpg "Assessees case not being represented before authorities for registration of e-mail of replaced chartered accountant deserves another opportunity: ITAT [Read Order]")
ITAT grants one final chance for Document Submission after Multiple Opportunities: upholding Natural Justice [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) held that in the interest of justice, it was proper to restore the issue to the file of the CIT(A) NFAC with a direction to grant one...
![ITAT grants one final chance for Document Submission after Multiple Opportunities: upholding Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-grants-final-chance-Document-Submission-Multiple-Opportunities-upholding-Natural-Justice-TAXSCAN.jpg "ITAT grants one final chance for Document Submission after Multiple Opportunities: upholding Natural Justice [Read Order]")
Development of Commercial Project along with Residential Project: ITAT directs readjudication for claiming deduction u/s 80IB(10) Income Tax Act [Read Order]
The Income Tax Appellate Tribunal (ITAT) Pune bench held that, while noting the development of commercial projects by assessee along with residential projects directed readjudication for claiming...
![Development of Commercial Project along with Residential Project: ITAT directs readjudication for claiming deduction u/s 80IB(10) Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Development-Development-of-Commercial-Project-Commercial-Project-ITAT-taxscan.jpg "Development of Commercial Project along with Residential Project: ITAT directs readjudication for claiming deduction u/s 80IB(10) Income Tax Act [Read Order]")
Lack of Reasonable Opportunity to substantiate Source of Cash Deposit: ITAT quashes Assessment [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that reasonable opportunity is to be provided to the assessee to substantiate source of cash deposit in favor of natural justice. ...
![Lack of Reasonable Opportunity to substantiate Source of Cash Deposit: ITAT quashes Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Lack-of-Reasonable-Opportunity-Source-of-Cash-Deposit-ITAT-quashes-Assessment-Cash-Deposit-Assessment-taxscan.jpg "Lack of Reasonable Opportunity to substantiate Source of Cash Deposit: ITAT quashes Assessment [Read Order]")
![Kerala HC directs to Consider Interim Stay order before Income Tax Recovery Proceeding [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Kerala-HC-directs-Consider-Interim-Stay-before-Income-Tax-Recovery-Proceeding-TAXSCAN.jpg "Kerala HC directs to Consider Interim Stay order before Income Tax Recovery Proceeding [Read Order]")
Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]
The Kerala High Court directed the Income Tax Department to dispose of the appeal in relation the assessment of income by the National Faceless Assessment Centre (NFAC) without considering the...
![Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Assessment-of-Income-by-NFAC-without-considering-Deposited-Amount-Kerala-HC-directs-Income-Tax-Dept-to-dispose-Appeal-TAXSCAN.jpg "Assessment of Income by NFAC without considering Deposited Amount: Kerala HC directs Income Tax Dept to dispose Appeal [Read Order]")
Co-operative Societies Eligible for Deduction u/s 80P(2)(d) of IT Act on Interest & Dividend received from Co-operative Banks and Societies: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that co-operative societies are eligible for deduction under section 80P(2)(d) of the Income Tax Act, 1961 on interest and dividend...
![Co-operative Societies Eligible for Deduction u/s 80P(2)(d) of IT Act on Interest & Dividend received from Co-operative Banks and Societies: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Co-operative-Societies-Deduction-IT-Act-Interest-Dividend-Co-operative-Banks-Societies-ITAT-TAXSCAN.jpg "Co-operative Societies Eligible for Deduction u/s 80P(2)(d) of IT Act on Interest & Dividend received from Co-operative Banks and Societies: ITAT [Read Order]")
ITAT levies Cost of Rs 5000 to be Paid towards PM's Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has levied the cost of Rs 5000 to be paid towards Prime Minister’s relief fund for callous attitude of ignoring notices of Commissioner of...
![ITAT levies Cost of Rs 5000 to be Paid towards PMs Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-ITAT-levies-Cost-PMs-Relief-Fund-Relief-Fund-Callous-Attitude-of-Ignoring-Notices-taxscan.jpg "ITAT levies Cost of Rs 5000 to be Paid towards PMs Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]")