![No Additions u/s 69A allowable for Deposit of Demonetized Currency if Advance Tax paid under PMGKY Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/No-Additions-Deposit-of-Demonetized-Currency-if-Advance-Tax-paid-under-PMGKY-Scheme-ITAT-TAXSCAN.jpg "No Additions u/s 69A allowable for Deposit of Demonetized Currency if Advance Tax paid under PMGKY Scheme: ITAT [Read Order]")
No Additions u/s 69A allowable for Deposit of Demonetized Currency if Advance Tax paid under PMGKY Scheme: ITAT [Read Order]
In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) chaired by N.K. Balliya, Accountant Member and Kul Bharat, Judicial...
![Revisional Jurisdiction cannot be Invoked to Redo Assessment Once Assessment Completed by Assessing Officer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Revisional-Jurisdiction-Assessment-Assessing-Officer-ITAT-taxscan.jpg "Revisional Jurisdiction cannot be Invoked to Redo Assessment Once Assessment Completed by Assessing Officer: ITAT [Read Order]")
![Revision u/s 263 on Ground of Failure to Collect TCS Invalid during Pendency of First Appeal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Revision-TCS-Appeal-ITAT-taxscan.jpg "Revision u/s 263 on Ground of Failure to Collect TCS Invalid during Pendency of First Appeal: ITAT [Read Order]")
![ITAT upholds Revisional Order on Ground of LTCG Exemption on STT Paid without Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Revisional-Order-LTCG-STT-taxscan.jpg "ITAT upholds Revisional Order on Ground of LTCG Exemption on STT Paid without Verification [Read Order]")
![Jurisdiction u/s 263 can invoke only on Inadequacy in Enquiry: ITAT sets aside Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Jurisdiction-enquiry-ITAT-Revisional-order-taxscan.jpeg "Jurisdiction u/s 263 can invoke only on Inadequacy in Enquiry: ITAT sets aside Revisional Order [Read Order]")
Order that suffers from patent irregularity, cannot be made foundation for subsequent proceedings: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench held that Order that suffers from patent irregularity, cannot be made foundation for subsequent proceedings. M/s. Goyal Solar Systems Pvt....
![Order that suffers from patent irregularity, cannot be made foundation for subsequent proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/patent-ITAT-taxscan.jpeg "Order that suffers from patent irregularity, cannot be made foundation for subsequent proceedings: ITAT [Read Order]")
Revisional Jurisdiction cannot be invoked to Initiate Penalty without finding that Assessment is Erroneous: ITAT [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the revisional jurisdiction of the Principal Commissioner of Income Tax (PCIT) under section 263 of the Income Tax Act, 1961...
![Revisional Jurisdiction cannot be invoked to Initiate Penalty without finding that Assessment is Erroneous: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Revisional-Jurisdiction-Penalty-Assessment-ITAT-taxscan.jpg "Revisional Jurisdiction cannot be invoked to Initiate Penalty without finding that Assessment is Erroneous: ITAT [Read Order]")
![PCIT fails to Record reason for Revision: ITAT quashes order u/s 263 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/PCIT-Revision-ITAT-raxscan.jpeg "PCIT fails to Record reason for Revision: ITAT quashes order u/s 263 [Read Order]")
Lack of Enquiry at right time, to prejudice Interest of Revenue, invokes Revisionary Jurisdiction u/s 263: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jabalpur held that, Lack of enquiry at right time, to prejudice interest of Revenue, invokes revisionary jurisdiction under Section 263 of the Income Tax...
![Lack of Enquiry at right time, to prejudice Interest of Revenue, invokes Revisionary Jurisdiction u/s 263: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/interest-of-Revenue-revisionary-jurisdiction-ITAT-Taxscan.jpg "Lack of Enquiry at right time, to prejudice Interest of Revenue, invokes Revisionary Jurisdiction u/s 263: ITAT [Read Order]")
![CBDT notifies Re-designation of Income Tax Officials [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/06/CBDT-Re-designation-Income-Tax-Officials-Income-Tax-Taxscan.jpg "CBDT notifies Re-designation of Income Tax Officials [Read Notification]")
Appeals by Assessee as well as Revenue are not Maintainable unless Liquidator amend Form 36A during Winding up Proceedings: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) has held that appeals by the assessee as well as revenue are not maintainable unless liquidator amend form 36A during winding up...
![Appeals by Assessee as well as Revenue are not Maintainable unless Liquidator amend Form 36A during Winding up Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Appeals-Assessee-Revenue-Liquidator-amend-Winding-up-ITAT-taxscan.jpeg "Appeals by Assessee as well as Revenue are not Maintainable unless Liquidator amend Form 36A during Winding up Proceedings: ITAT [Read Order]")
Revenue failed to prove Notice under Section 148 issued after obtaining requisite administrative approval: Delhi High Court [Read Judgment]
The Delhi High Court observed that the revenue failed to prove notice under Section 148 issued after obtaining requisite administrative approval. The petitioner-assessee, Deepak Wadhwa ...
![Revenue failed to prove Notice under Section 148 issued after obtaining requisite administrative approval: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Revenue-notice-Section-148-requisite-administrative-approval-Delhi-High-Court-Taxscan.jpg "Revenue failed to prove Notice under Section 148 issued after obtaining requisite administrative approval: Delhi High Court [Read Judgment]")