![Tribunal has no Power to Recall/Review its own Orders: ITAT dismisses MA Challenging Revisionary Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Hyderabad-Income-Tax-Appellate-Tribunal-Revisionary-Order-Miscellaneous-Application-Taxscan.jpg "Tribunal has no Power to Recall/Review its own Orders: ITAT dismisses MA Challenging Revisionary Order [Read Order]")
Tribunal has no Power to Recall/Review its own Orders: ITAT dismisses MA Challenging Revisionary Order [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the Miscellaneous Application (M.A.) of the assessee challenging revisionary...
![AO Erred by Not Examining Delayed Payment of Employers PF/ESIC Contributions During Scrutiny: ITAT Upheld PCITs Invocation of S.263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-PCIT-Income-Tax-Appellate-Tribunal-AO-Erred-Taxscan.jpg "AO Erred by Not Examining Delayed Payment of Employers PF/ESIC Contributions During Scrutiny: ITAT Upheld PCITs Invocation of S.263 [Read Order]")
![AO Conducted Proper Inquiry into S.80P Deduction Claim by Co-Op Society: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/AO-Deduction-Claim-Co-Op-Society-ITAT-Revision-Order-taxscan.jpg "AO Conducted Proper Inquiry into S.80P Deduction Claim by Co-Op Society: ITAT quashes Revision Order [Read Order]")
![ITAT Rejects Allegation of Fabricated LTCG, Validates Sale Price of Unquoted Shares [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Fabricated-LTCG-Sale-Price-Unquoted-Shares-taxscan.jpg "ITAT Rejects Allegation of Fabricated LTCG, Validates Sale Price of Unquoted Shares [Read Order]")
![Inadequate Inquiry into Rs. 9.30 Crore Property Investment: ITAT Upholds PCITs Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Ahmedabad-ITAT-Upholds-PCIT-ITAT-Upholds-Revision-Order-Investment-Taxscan.jpg "Inadequate Inquiry into Rs. 9.30 Crore Property Investment: ITAT Upholds PCITs Revision Order [Read Order]")
Expense Disallowance u/s 14A exceeds Exempt Income, no Error or Revenue Prejudice Found: ITAT criticizes PCIT's unnecessary revision [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) criticized the Principal Commissioner of Income Tax for not recognizing that the assessee had already disallowed a higher amount of...
![Expense Disallowance u/s 14A exceeds Exempt Income, no Error or Revenue Prejudice Found: ITAT criticizes PCITs unnecessary revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-ITAT-Chennai-PCIT-Revision-TAXSCAN.jpg "Expense Disallowance u/s 14A exceeds Exempt Income, no Error or Revenue Prejudice Found: ITAT criticizes PCITs unnecessary revision [Read Order]")
No Undue Delay in Submitting Reply to SCN: Himachal Pradesh HC sets aside u/s 143 (3) of Income Tax Act and remits matter back to PCIT [Read Order]
The Himachal Pradesh High Court has set aside the order under Section 143(3) of the Income Tax Act, 1961, citing no undue delay in submitting the reply to the Show Cause Notice, and has remitted the...
![No Undue Delay in Submitting Reply to SCN: Himachal Pradesh HC sets aside u/s 143 (3) of Income Tax Act and remits matter back to PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Himachal-Pradesh-High-Court-Principal-Commissioner-of-Income-Tax-SCN-Delay-in-Reply-to-SCN-taxscan-2.jpg "No Undue Delay in Submitting Reply to SCN: Himachal Pradesh HC sets aside u/s 143 (3) of Income Tax Act and remits matter back to PCIT [Read Order]")
Method of Revenue Recognition and application of Accounting Standard properly verified by AO in Assessment Order: ITAT quashes Revision Order
The Ahmedabad bench Income Tax Appellate Tribunal ( ITAT ) while quashing the revision order held that the method of revenue recognition and application of accounting standard are properly verified...
PCIT Directs AO to grant 80P Deduction without Proper Claim: ITAT nullifies Revision Order [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has invalidated a revision order issued by the Principal Commissioner of Income Tax (PCIT), which directed the Assessing Officer (AO)...
![PCIT Directs AO to grant 80P Deduction without Proper Claim: ITAT nullifies Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/PCIT-Directs-AO-80P-Deduction-Proper-Claim-ITAT-Revision-Order-TAXSCAN.jpg "PCIT Directs AO to grant 80P Deduction without Proper Claim: ITAT nullifies Revision Order [Read Order]")
Assessment completed routine and mechanical manner without due diligence and due application of mind: ITAT Upholds Revision order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench while sustaining the revision order passed under section 263 of the Income Tax Act , 1961 held that the assessment was completed in a...
![Assessment completed routine and mechanical manner without due diligence and due application of mind: ITAT Upholds Revision order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Upholds-Revision-order-Income-Tax-Appellate-Tribunal-ITAT-mumbai-TAXSCAN.jpg "Assessment completed routine and mechanical manner without due diligence and due application of mind: ITAT Upholds Revision order [Read Order]")
PCIT has no Jurisdiction When AO Enquired Issuance of High Premium Shares: Delhi HC Uphold order of ITAT [Read Order]
The Delhi High Court upheld the order of the Income Tax Appellate Tribunal (ITAT) and held that the Principal Commissioner of Income Tax (PCIT) has no jurisdiction when the Assessing Officer (AO)...
![PCIT has no Jurisdiction When AO Enquired Issuance of High Premium Shares: Delhi HC Uphold order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/PCIT-Jurisdiction-AO-High-Premium-Shares-Delhi-HC-ITAT-Delhi-HC-Uphold-order-of-ITAT-taxscan.jpg "PCIT has no Jurisdiction When AO Enquired Issuance of High Premium Shares: Delhi HC Uphold order of ITAT [Read Order]")
![ITAT Annual Digest [Part 51]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-ANNUAL-DIGEST-PART-51-ITAT-ITAT-ANNUAL-DIGEST-taxscan.jpg "ITAT Annual Digest [Part 51]")