![AO Obtains Invalid Sanction for Reopening Assessment Beyond Three Years u/s 148: ITAT Quashes Notice and Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/08/15/500x300_2076905-reopening-assessment-taxscan.webp "AO Obtains Invalid Sanction for Reopening Assessment Beyond Three Years u/s 148: ITAT Quashes Notice and Proceedings [Read Order]")
AO Obtains Invalid Sanction for Reopening Assessment Beyond Three Years u/s 148: ITAT Quashes Notice and Proceedings [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT ) quashed the notice under section 148 of the Income Tax Act,1961 and reassessment...
![Cash on Hand in Real Estate Business Not Unusual, Cannot Be Taxed Solely for Demonetization Deposits: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2050082-real-estate-business.webp "Cash on Hand in Real Estate Business Not Unusual, Cannot Be Taxed Solely for Demonetization Deposits: ITAT [Read Order]")
![Disallowance of Exempt Allowances Due to Form 16 and Form 26AS Mismatch: ITAT Remits Matter to AO for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/250x150_2041495-disallowance1.webp "Disallowance of Exempt Allowances Due to Form 16 and Form 26AS Mismatch: ITAT Remits Matter to AO for Verification [Read Order]")
![Factual Mistake committed by Tax auditor: ITAT restores Disallowance of employer contribution to PF/ESIC for verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Factual-Mistake-Tax-auditor-ITAT-restores-Disallowance-employer-contribution-PF-ESIC-verification-TAXSCAN.jpg "Factual Mistake committed by Tax auditor: ITAT restores Disallowance of employer contribution to PF/ESIC for verification [Read Order]")
![Denial of Hearing Opportunity: ITAT restores Registration u/s 12A matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Hearing-Opportunity-ITAT-Registration-taxscan.jpg "Denial of Hearing Opportunity: ITAT restores Registration u/s 12A matter [Read Order]")
Non-Compliance Due to Notice for Seven AYs Issued in Short Period: ITAT Deletes 6 Penalties, Upholds Only One [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) deleted penalties levied on seven assessment years due to non-compliance citing all notices served in a short period and upheld only one...
![Non-Compliance Due to Notice for Seven AYs Issued in Short Period: ITAT Deletes 6 Penalties, Upholds Only One [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Non-Compliance-6-Penalties-Seven-AYs-ITAT-Deletes-ITAT-Surat-year-penalty-Short-Period-taxscan.jpg "Non-Compliance Due to Notice for Seven AYs Issued in Short Period: ITAT Deletes 6 Penalties, Upholds Only One [Read Order]")
Cash Deposits from Business Income during Demonetization cannot be treated as Unexplained Entirely: ITAT upholds 20% of Additions due to Unknown Source
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) held that the cash deposits made during demonetization out of business income cannot be treated as unexplained cash deposits completely....
![Unexplained Income from Rigged Stock Trades: ITAT upholds Rs. 44L Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Surat-Unexplained-Income-Rigged-Stock-Trades-Income-Tax-Appellate-Tribunal-Section-68-of-Income-Tax-Act-Income-Tax-taxscan.jpg "Unexplained Income from Rigged Stock Trades: ITAT upholds Rs. 44L Addition [Read Order]")
![ITAT restores Assessment for Fresh Consideration due to Lack of Fair Opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Lack-of-Fair-Opportunity-ITAT-Restores-Assessment-Fresh-assessment-ordered-by-ITAT-Income-Tax-taxscan.jpg "ITAT restores Assessment for Fresh Consideration due to Lack of Fair Opportunity [Read Order]")
ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) remanded unexplained investment under Section 69A of the Income Tax Act, 1961 matter due to notices issued during COVID period which led to the...
![ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Unexplained-Investment-Income-Tax-Notices-COVID-Period-taxscan.jpg "ITAT Remands Unexplained Investment Matter Due to Non-Appearance Linked to Income Tax Notices issued During COVID Period [Read Order]")
No Addition shall be made u/s 68 of Income Tax Act when creditworthiness of Loan provider through Banking Channel satisfactorily explained: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench, held that an addition shall not be made under section 68 of the Income Tax Act, 1961 when the creditworthiness of the loan provider through the...
![No Addition shall be made u/s 68 of Income Tax Act when creditworthiness of Loan provider through Banking Channel satisfactorily explained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/addition-Income-Tax-Act-creditworthiness-of-loan-provider-banking-channel-satisfactorily-explained-ITAT-taxscan.jpg "No Addition shall be made u/s 68 of Income Tax Act when creditworthiness of Loan provider through Banking Channel satisfactorily explained: ITAT [Read Order]")