![₹4.81L Housing Loan Repayment Treated as Unexplained u/s 69C: ITAT Remands Matter to AO for Reassessment After Reviewing Assessee’s Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094741-2060517-unexplained-cash-credit.webp "₹4.81L Housing Loan Repayment Treated as Unexplained u/s 69C: ITAT Remands Matter to AO for Reassessment After Reviewing Assessee’s Evidence [Read Order]")
₹4.81L Housing Loan Repayment Treated as Unexplained u/s 69C: ITAT Remands Matter to AO for Reassessment After Reviewing Assessee’s Evidence [Read Order]
The Panaji Bench of the Income Tax Appellate Tribunal (ITAT) remanded the matter to the Assessing Officer (AO), as the Assessing Officer had treated...
![Fresh Probe Data Warrants Reassessment but Unjustified 5% Income Addition Fails Scrutiny: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/250x150_2094342-fresh-probe-data-reassessment-income-addition-income-addition-fails-scrutiny-taxscan.webp "Fresh Probe Data Warrants Reassessment but Unjustified 5% Income Addition Fails Scrutiny: ITAT [Read Order]")
![Time-Barred Income Tax Notice u/s 148 over Investment Scheme: ITAT quashes Reassessment [Read Order ]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2093063-income-tax-notice-reassessment-taxscan.webp "Time-Barred Income Tax Notice u/s 148 over Investment Scheme: ITAT quashes Reassessment [Read Order ]")
![Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090121-reassessment-income-tax-notice-taxscan.webp "Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]")
![2% CST on Interstate Electronic Sales With No Surcharge Valid: Allahabad HC Quashes Reassessment Based on Invalid Circular [Read Order]](https://images.taxscan.in/h-upload/2025/09/19/250x150_2088734-allahabad-high-court-electronic-sales-reassessment-taxscan.webp "2% CST on Interstate Electronic Sales With No Surcharge Valid: Allahabad HC Quashes Reassessment Based on Invalid Circular [Read Order]")
Revenue Can Tax Only if Case Falls Within Four Corners of Statute, Not on Legislative Intent or Substance: Supreme Court [Read Order]
In a recent ruling, the Supreme Court has held that the Revenue authorities cannot impose tax on the basis of legislative intent, substance, or analogy, unless the case strictly falls within the...
![Revenue Can Tax Only if Case Falls Within Four Corners of Statute, Not on Legislative Intent or Substance: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2025/09/19/500x300_2088531-supreme-court-taxscan.webp "Revenue Can Tax Only if Case Falls Within Four Corners of Statute, Not on Legislative Intent or Substance: Supreme Court [Read Order]")
Chartered Accountant’s Error in Form 3CB confirms Addition of IGST Claim of ₹37.92 Lakh: ITAT remands Matter [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur bench, dealt with the disallowance of an Input GST claim of ₹37.92 lakh that arose due to an erroneous entry made by the assessee’s Chartered...
![Chartered Accountant’s Error in Form 3CB confirms Addition of IGST Claim of ₹37.92 Lakh: ITAT remands Matter [Read Order]](https://images.taxscan.in/h-upload/2025/09/02/500x300_2083366-3cb.webp "Chartered Accountant’s Error in Form 3CB confirms Addition of IGST Claim of ₹37.92 Lakh: ITAT remands Matter [Read Order]")
![Reassessment based on Incorrect Facts not Valid: ITAT Quashes Notice u/s 148 [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076365-itat-quashes-reassessment-itat-taxscan.webp "Reassessment based on Incorrect Facts not Valid: ITAT Quashes Notice u/s 148 [Read Order]")
Identity Misuse in Bank Account: ITAT Sets Aside Addition and Directs AO to Conduct Fresh Probe [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the addition of ₹15,97,500 made as unexplained cash deposits and directed the Assessing Officer (AO) to conduct a fresh probe...
![Identity Misuse in Bank Account: ITAT Sets Aside Addition and Directs AO to Conduct Fresh Probe [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072012-itat-ahmedabad-bank-account-identity-misuse-taxscan.webp "Identity Misuse in Bank Account: ITAT Sets Aside Addition and Directs AO to Conduct Fresh Probe [Read Order]")
Reassessment Invalid Due to Lack of New Tangible Material and Credible Information: ITAT Quashes ₹33.81 Lakh Addition [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the reassessment under Section 147 of the Income TaxAct, 1961, was invalid due to the lack of new tangible material and credible...
![Reassessment Invalid Due to Lack of New Tangible Material and Credible Information: ITAT Quashes ₹33.81 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071541-reassessment-itat-taxscan.webp "Reassessment Invalid Due to Lack of New Tangible Material and Credible Information: ITAT Quashes ₹33.81 Lakh Addition [Read Order]")
ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) held the reassessment proceedings void ab initio as the notice under Section 148 of Income Tax Act,1961,was issued beyond the three-year...
![ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/500x300_2066846-itat-itat-holds-reassessment-notice-reassessment-notice-taxscan.webp "ITAT Holds Reassessment Void Ab Initio as Notice Issued Beyond Three-Year Limit for Income Below ₹50 Lakh [Read Order]")