![Validity of S.153C Proceedings for AY 2006-07 : ITAT Restores Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-ITAT-Restores-Matter-to-CITA-Income-Tax-Income-Tax-Act-Assessment-Year-2006-07-taxscan.jpeg "Validity of S.153C Proceedings for AY 2006-07 : ITAT Restores Matter to CIT(A) [Read Order]")
Validity of S.153C Proceedings for AY 2006-07 : ITAT Restores Matter to CIT(A) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter to the Commissioner of Income Tax(Appeals) [ CIT(A) ] for further...
![No Representation from Assessee Side: ITAT quashes Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/No-Representation-Assessee-Side-ITAT-Appeal-taxscan.jpg "No Representation from Assessee Side: ITAT quashes Appeal [Read Order]")
![No Additions allowed in Completed/Unabated Assessments u/s 153A or 153C without Incriminating Material found during Search: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/No-Additions-Completed-Unabated-Assessments-Incriminating-Material-Search-ITAT-taxscan.jpg "No Additions allowed in Completed/Unabated Assessments u/s 153A or 153C without Incriminating Material found during Search: ITAT [Read Order]")
![ITAT quashes Revision Order passed without showing Prejudice to Revenue or Error by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Failure-to-prove-sufficient-cause-to-condone-delay-filing-appeal-against-revision-order-condone-delay-Income-Tax-Act-revision-order-ITAT-dismisses-appeal-ITAT-appeal-taxscan.jpg "ITAT quashes Revision Order passed without showing Prejudice to Revenue or Error by AO [Read Order]")
![Interest Paid on Borrowings to Acquire Property deductible from Sale Consideration: ITAT directs to Re-Compute Capital Gain [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-Appellate-Tribunal-ITAT-ITAT-chennai-Capital-Gain-Long-Term-Capital-Gains-taxscan.jpg "Interest Paid on Borrowings to Acquire Property deductible from Sale Consideration: ITAT directs to Re-Compute Capital Gain [Read Order]")
ITAT cannot Place Reliance on Order of ITSC in Previous Years: Delhi HC restores Additions [Read Order]
The Delhi High Court has ruled that the order of the Income Tax Settlement Commission ( ITSC ) is final and conclusive for the assessment year ( AY ) for which the application was filed. The bench...
![ITAT cannot Place Reliance on Order of ITSC in Previous Years: Delhi HC restores Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Reliance-on-Order-ITSC-Previous-Years-Delhi-HC-taxscan.jpg "ITAT cannot Place Reliance on Order of ITSC in Previous Years: Delhi HC restores Additions [Read Order]")
Income Tax Dept must mandatorily follow Digital Evidence Investigation Manual by CBDT while conducting searches and seizing electronic evidence: Madras HC [Read Order]
A Single Bench of the Madras High Court ruled that Income Tax Department should mandatorily follow Digital Evidence Investigation Manual by the Central Board of Direct Taxes ( CBDT ) while conducting...
![Income Tax Dept must mandatorily follow Digital Evidence Investigation Manual by CBDT while conducting searches and seizing electronic evidence: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Madras-High-Court-CBDT-Income-Tax-Income-Tax-Department-taxscan.jpg "Income Tax Dept must mandatorily follow Digital Evidence Investigation Manual by CBDT while conducting searches and seizing electronic evidence: Madras HC [Read Order]")
Incriminating material about Rs.37 Cr revealed during Search from Moraj Group Co-Founder: ITAT remands matter to AO for further Enquiry [Read Order]
In a case where incriminating material of about Rs. 37 Crore was revealed during search in connection with Moraj Group Co-Founder Priya M Gurnani, the Income Tax Appellate Tribunal (ITAT) Mumbai...
![Incriminating material about Rs.37 Cr revealed during Search from Moraj Group Co-Founder: ITAT remands matter to AO for further Enquiry [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Incriminating-material-Moraj-Group-Co-Founder-ITAT-ITAT-remands-matter-to-AO-AO-Enquiry-taxscan.jpg "Incriminating material about Rs.37 Cr revealed during Search from Moraj Group Co-Founder: ITAT remands matter to AO for further Enquiry [Read Order]")
Penalty Proceedings u/s 271AAB(1A) is not Mandatory and can't be initiated by AO without Specifying Default of Assessee: ITAT
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that the penalty proceedings under Section 271AAB(1A) of the Income Tax Act, 1961 is not mandatory and cannot be initiated by the...
Merely on basis of Statement of Director of Vendor Company, Addition u/s 69B can't be made ignoring facts of Assessee Company: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that merely on the basis of the statement of the director of the vendor company an addition under Section 69B of the Income Tax Act,...
![Merely on basis of Statement of Director of Vendor Company, Addition u/s 69B cant be made ignoring facts of Assessee Company: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Merely-on-basis-of-Statement-Director-of-Vendor-Company-Vendor-Vendor-Company-taxscan.jpg "Merely on basis of Statement of Director of Vendor Company, Addition u/s 69B cant be made ignoring facts of Assessee Company: ITAT [Read Order]")
No Addition u/s 68 of Income Tax Act when Share Application Money received from companies engaged in business of Share Trading proven with documents: ITAT
The Income Tax Appellate Tribunal (ITAT), Mumbai bench, held that an addition under Section 68 of the Income Tax Act, 1961, should not be made when share application money received from companies...
![Addition u/s 153C of Income Tax Act without Incriminating Material is Invalid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Income-Tax-Act-Incriminating-Material-Income-Tax-Delhi-Highcourt-taxscan.jpg "Addition u/s 153C of Income Tax Act without Incriminating Material is Invalid: Delhi HC [Read Order]")