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![ITAT directs matter to AO to examine afresh Rate of Gross Profit declared on Unaccounted Turnover [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-gross-profit-unaccounted-turnover-Taxscan.jpg "ITAT directs matter to AO to examine afresh Rate of Gross Profit declared on Unaccounted Turnover [Read Order]")
ITAT directs matter to AO to examine afresh Rate of Gross Profit declared on Unaccounted Turnover [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench directed the matter to AO to examine the afresh rate of gross profit declared on unaccounted...
![CBDT notifies Head-quarter of PCIT/CIT (Central), Guwahati retrospectively from January 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/03/CBDT-Head-quarter-PCIT-CIT-Central-Taxscan.jpg "CBDT notifies Head-quarter of PCIT/CIT (Central), Guwahati retrospectively from January 1, 2020 [Read Notification]")
![PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/PCIT-AO-order-ITAT-Bank-of-India-Taxscan.jpeg "PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]")
![PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-PCIT-Bank-of-India-Transfer-Pricing-Officer-ALP-Taxscan.jpeg "PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]")
Assessment Order can’t erroneous merely for reason that PCIT doesn’t agree with view taken by AO: ITAT grants relief to Tata Housing
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the Assessment order sought to be revised does not suffer from error merely for the reason that PCIT does not agree with one of the...
Bar on revision of orders prejudicial to revenue, If AO allowed claim after proper examination and due application of mind: ITAT grants relief to Vodafone
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that no proceedings relating to revision of orders prejudicial to revenue under Section 263, if AO took one of the possible views and...
