Who is SC Collegium-Recommended Delhi CJ Manmohan? A Look at His Tax Bench Judgments
The Delhi Chief Justice Manmohan, a prominent figure in India's tax judiciary, has had his name recommended by the Supreme Court Collegium to the...
![ITAT Grants Partial Relief on Rs.35.13 Lakh Cash Deposit, Remands Vehicle Sale Issue to AO Due to Incomplete Documentation [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-ITAT-Grants-Partial-Relief-Remands-Vehicle-Sale-Issue-Vehicle-Sale-Issue-TAXSCAN.jpg "ITAT Grants Partial Relief on Rs.35.13 Lakh Cash Deposit, Remands Vehicle Sale Issue to AO Due to Incomplete Documentation [Read Order]")
![ITAT upholds CIT(A) Decision Deleting Rs. 3.80 Crore On-Money Addition in Land Purchase, citing Lack of Evidence linking Assessee to Cash Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Visakhapatnam-Addition-in-Land-Purchase-Cash-Transaction-Commissioner-of-Income-Tax-Taxscan.jpg "ITAT upholds CIT(A) Decision Deleting Rs. 3.80 Crore On-Money Addition in Land Purchase, citing Lack of Evidence linking Assessee to Cash Transaction [Read Order]")
![“Treating Cash Deposits from ‘Business Income’ as ‘Unexplained’ Results in Double Taxation”: ITAT Quashes S.69A Addition under Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Bangalore-Income-Tax-Business-Income-Cash-deposit-Double-Taxation-taxscan.jpg "“Treating Cash Deposits from ‘Business Income’ as ‘Unexplained’ Results in Double Taxation”: ITAT Quashes S.69A Addition under Income Tax [Read Order]")
![No Error or Prejudice to Revenue Interests: ITAT quashes Revision Order u/s 263 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Ahmedabad-Income-Tax-Section-263-Income-Tax-Act-Income-Tax-Act-Revision-Order-taxscan.jpg "No Error or Prejudice to Revenue Interests: ITAT quashes Revision Order u/s 263 of Income Tax Act [Read Order]")
ITAT deletes Rs. 14 Lakhs Addition made by AO due to Misreported Property Transaction Details [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) deleted a Rs. 14 lakhs addition made by the Assessing Officer ( AO ) under section 69A of Income Tax Act,1961. The addition was based on...
![ITAT deletes Rs. 14 Lakhs Addition made by AO due to Misreported Property Transaction Details [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Bangalore-ITAT-Income-Tax-Appellate-Tribunal-AO-Assessing-Officer-section-69A-of-Income-Tax-Act-Misreported-Property-Transaction-Details-taxscan.jpg "ITAT deletes Rs. 14 Lakhs Addition made by AO due to Misreported Property Transaction Details [Read Order]")
FAA issues 6 Income Tax Notices likely Delivered to Assessee's Spam Folder: ITAT directs Fresh Adjudication [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) directed fresh adjudication after finding that the First Appellate Authority ( FAA )'s six income tax notices were likely delivered to...
![FAA issues 6 Income Tax Notices likely Delivered to Assessees Spam Folder: ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/FAA-FAA-Issues-First-Appellate-Authority-Income-Tax-Notices-ITAT-Income-Tax-Appellate-Tribunal-ITAT-Bangalore-Assessees-Spam-ITAT-News-ITAT-update-TAXSCAN.jpg "FAA issues 6 Income Tax Notices likely Delivered to Assessees Spam Folder: ITAT directs Fresh Adjudication [Read Order]")
CIT (A) and AO Fails to consider CBDT Guidelines on Cash Deposits during Demonetization Period: ITAT remands Case to AO for Fresh Consideration [Read Order]
The two-member bench of the Income Tax Appellate Tribunal (ITAT) in Bangalore remanded the case to the Assessing Officer (AO) for fresh consideration, highlighting that both the AO and the...
![CIT (A) and AO Fails to consider CBDT Guidelines on Cash Deposits during Demonetization Period: ITAT remands Case to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CIT-A-AO-ITAT-Bangalore-ITAT-CBDT-Income-Tax-Appellate-Tribunal-Assessing-Officer-Central-Board-of-Direct-Taxes-Demonetization-Period-taxscan.jpg "CIT (A) and AO Fails to consider CBDT Guidelines on Cash Deposits during Demonetization Period: ITAT remands Case to AO for Fresh Consideration [Read Order]")
Only 6 days provided to Address Bank Credits Variation: Madras HC directs Reconsideration of Income Tax Assessment Order [Read Order]
The Madras High Court remanded the case for reconsideration, citing insufficient time given to the petitioner to address the variation in bank credits. The Income Tax Department had only allowed six...
![Only 6 days provided to Address Bank Credits Variation: Madras HC directs Reconsideration of Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Madras-High-Court-Income-Tax-Assessment-Order-Bank-Credits-Variation-Income-Tax-Department-taxscan.jpg "Only 6 days provided to Address Bank Credits Variation: Madras HC directs Reconsideration of Income Tax Assessment Order [Read Order]")
Addition u/s 68 of Income Tax Act Unjustified Due to Incorrect Tax Neutrality: ITAT Sets Aside CIT(A) Order [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the Commissioner Of Income Tax(Appeals)[ CIT(A)] order, observing that the reopening of assessment was based on incorrect facts...
![Addition u/s 68 of Income Tax Act Unjustified Due to Incorrect Tax Neutrality: ITAT Sets Aside CIT(A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Income-Tax-Act-ITAT-Income-Tax-Commissioner-Tax-Neutrality-TAXSCAN-1.jpg "Addition u/s 68 of Income Tax Act Unjustified Due to Incorrect Tax Neutrality: ITAT Sets Aside CIT(A) Order [Read Order]")
Family Business of Money Lending for 20 Years: ITAT upholds Addition of Excess Income as ‘Business Income’ [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (I TAT ) upheld the addition of excess income as 'business income' for a family engaged in the money lending business for 20 years. The...
![Family Business of Money Lending for 20 Years: ITAT upholds Addition of Excess Income as ‘Business Income’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Money-Lending-Income-Tax-Appellate-Tribunal-ITAT-Chennai-Family-Business-Business-Income-taxscan.jpg "Family Business of Money Lending for 20 Years: ITAT upholds Addition of Excess Income as ‘Business Income’ [Read Order]")
Discrepancy in Excess Stock accumulated during Normal Business Assessable as “Business Income”, S. 69B r.w.s S. 115BBE Not Applicable: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the discrepancy in the excess stock accumulated during normal business shall be assessable as business income and section...
![Discrepancy in Excess Stock accumulated during Normal Business Assessable as “Business Income”, S. 69B r.w.s S. 115BBE Not Applicable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-ITAT-Chennai-Income-tax-Discrepancy-in-Stock-Business-Income-taxscan.jpg "Discrepancy in Excess Stock accumulated during Normal Business Assessable as “Business Income”, S. 69B r.w.s S. 115BBE Not Applicable: ITAT [Read Order]")