![Statutory Approval Given by Quasi-Judicial Authority u/s 153D of Income Tax Act without Due Application of Mind Results in Fatal of Entire Search Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Statutory-Approval-Quasi-Judicial-Authority-Income-Tax-Act-Income-Tax-Search-Assessment-ITAT-Taxscan.jpg "Statutory Approval Given by Quasi-Judicial Authority u/s 153D of Income Tax Act without Due Application of Mind Results in Fatal of Entire Search Assessment: ITAT [Read Order]")
Statutory Approval Given by Quasi-Judicial Authority u/s 153D of Income Tax Act without Due Application of Mind Results in Fatal of Entire Search Assessment: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that the statutory approval given by quasi-judicial authority under Section 153D of...
![Failure of AO to provide Sufficient Time for required details Prevents Verification at the Time of Assessment: ITAT directs Readjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Failure-AO-provide-sufficient-time-details-prevents-verification-assessment-ITAT-readjudication-TAXSCAN-1.jpg "Failure of AO to provide Sufficient Time for required details Prevents Verification at the Time of Assessment: ITAT directs Readjudication [Read Order]")
![Addition u/s 69 of Income Tax Act shall not be made on basis of ledger account seized from third party on absence of clinching Evidence of Cash Payments towards Purchase of Flat: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Tax-Act-shall-not-be-made-on-basis-of-ledger-account-seized-from-third-party-absence-of-clinching-evidence-of-Cash-Payments-towards-purchase-of-Flat-ITAT-TAXSCAN.jpg "Addition u/s 69 of Income Tax Act shall not be made on basis of ledger account seized from third party on absence of clinching Evidence of Cash Payments towards Purchase of Flat: ITAT [Read Order]")
![ITAT dismisses Assessment Order passed u/s 153 of Income Tax Act without recording proper satisfaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-Assessment-passed-Income-Tax-Act-recording-satisfaction-TAXSCAN.jpg "ITAT dismisses Assessment Order passed u/s 153 of Income Tax Act without recording proper satisfaction [Read Order]")
![No Addition towards Unsecured Loan can be Made by AO in Absence of Incriminating Materials found during Search and Seizure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-Unsecured-Loan-AO-Absence-Incriminating-Materials-Search-Seizure-ITAT-TAXSCAN.jpg "No Addition towards Unsecured Loan can be Made by AO in Absence of Incriminating Materials found during Search and Seizure: ITAT [Read Order]")
Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]
The Surat Bench of Income Tax Appellate Tribunal (ITAT) has held that the weight of diamonds should be excluded to determine the gross weight of jewellery seized by the Income Tax Department. A...
![Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Weight-of-Diamond-Weight-of-Diamond-shall-be-Excluded-to-Determine-Gross-Weight-Gross-Weight-Gross-Weight-of-Jewellery-taxscan.jpg "Weight of Diamond shall be Excluded to Determine Gross Weight of Jewellery Seized by Income Tax Dept: ITAT [Read Order]")
ITAT upholds Approval Granted u/s 153D of Income Tax Act in light of Seized Material and appraisal report submitted by Investigation Wing [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench upheld that approval granted under Section 153D of Income Tax Act,1961 is in light of seized material and appraisal report submitted...
![ITAT upholds Approval Granted u/s 153D of Income Tax Act in light of Seized Material and appraisal report submitted by Investigation Wing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-ITAT-upholds-Approval-Granted-Income-Tax-Act-Income-Tax-Act-in-light-of-Seized-Material-taxscan.jpg "ITAT upholds Approval Granted u/s 153D of Income Tax Act in light of Seized Material and appraisal report submitted by Investigation Wing [Read Order]")
Income surrendered during Search and Seizure cannot be treated as 'Undisclosed': ITAT deletes Penalty u/s 271AAB of Income Tax Act [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that income surrendered during search and seizure cannot be treated as an undisclosed, deleted penalty under Section 271AAB of the...
![Income surrendered during Search and Seizure cannot be treated as Undisclosed: ITAT deletes Penalty u/s 271AAB of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Income-surrendered-during-Search-and-seizure-cannot-be-treated-as-Undisclosed-ITAT-deletes-Penalty-Income-Tax-Act-TAXSCAN.jpg "Income surrendered during Search and Seizure cannot be treated as Undisclosed: ITAT deletes Penalty u/s 271AAB of Income Tax Act [Read Order]")
No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the addition made by the Assessing Officer (AO) in the absence of any incriminating material found during the search operation...
![No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Income-Tax-Addition-Without-Incriminating-Materials-Unearthed-Search-Seizure-ITAT-TAXSCAN.jpg "No Income Tax Addition can be Made Without any Incriminating Materials being Unearthed during Search and Seizure: ITAT [Read Order]")
![CBDT Notifies Scope of e-Appeals Scheme, 2023 u/s 246(6) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/CBDT-e-Appeals-Scheme-Income-Tax-Act-Scope-of-e-Appeals-Scheme-e-Appeals-Scheme-2023-taxscan.jpg "CBDT Notifies Scope of e-Appeals Scheme, 2023 u/s 246(6) of Income Tax Act [Read Notification]")
![No Addition Based on Evidence not Confronted to Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/addition-evidence-ITAT-confront-assessee-taxscan.jpg "No Addition Based on Evidence not Confronted to Assessee: ITAT [Read Order]")
Material Found from Premises of Third Parties cannot be Utilized against Assessee for making Assessment u/s 143(3) r.w.s. 153A of IT Act :ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has recently held that material found from premises of third parties could not be utilized against assessee for assessment ...
![Material Found from Premises of Third Parties cannot be Utilized against Assessee for making Assessment u/s 143(3) r.w.s. 153A of IT Act :ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Material-Found-from-Premises-Third-Parties-cannot-be-utilized-assessee-for-making-Assessment-ITAT-TAXSCAN.jpg "Material Found from Premises of Third Parties cannot be Utilized against Assessee for making Assessment u/s 143(3) r.w.s. 153A of IT Act :ITAT [Read Order]")