![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]")
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...
![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]](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]")
![ITAT confirms Penalty for Deliberate Concealment of Income u/s 271(1)(c) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-confirms-Penalty-for-Deliberate-Concealment-of-Income-ITAT-Penalty-Income-Concealment-of-Income-Taxscan.jpg "ITAT confirms Penalty for Deliberate Concealment of Income u/s 271(1)(c) [Read Order]")
Change of opinion & Change in Method of Accounting by assessee not Deemed Concealment of income: ITAT upholds Deletion of Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has upheld the deletion of penalty under Section 271(l)(c) of the Income Tax Act, 1961 stating that a change of opinion of assessee or a change in...
![Change of opinion & Change in Method of Accounting by assessee not Deemed Concealment of income: ITAT upholds Deletion of Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Change-in-Method-of-Accounting-by-assessee-Deemed-Concealment-of-income-Concealment-of-income-ITAT-upholds-Deletion-of-Penalty-Deletion-of-Penalty-taxscan.jpg "Change of opinion & Change in Method of Accounting by assessee not Deemed Concealment of income: ITAT upholds Deletion of Penalty [Read Order]")
Addition made by AO u/s 68 of IT Act could not made in Absence of any Incriminating Material: ITAT quashes Order [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) quashed the order passed by the assessing officer under section 68 of the Income Tax Act,1961 for an addition made in the absence of...
![Addition made by AO u/s 68 of IT Act could not made in Absence of any Incriminating Material: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/IT-Act-could-not-made-Absence-of-any-Incriminating-Material-ITAT-TAXSCAN.jpg "Addition made by AO u/s 68 of IT Act could not made in Absence of any Incriminating Material: ITAT quashes Order [Read Order]")
No Penalty can be Imposed u/s 271(1) when Income Surrendered by Assessee During Survey is Shown in Regular Income-Tax Return Filed within Prescribed Time: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has recently, in an appeal filed before it, held that no penalty under section 271 (1) can be imposed when income surrendered by the...
![No Penalty can be Imposed u/s 271(1) when Income Surrendered by Assessee During Survey is Shown in Regular Income-Tax Return Filed within Prescribed Time: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/when-Income-Surrendered-Assessee-During-Survey-in-Regular-Income-Tax-Return-Filed-within-Prescribed-Time-ITAT-TAXSCAN.jpg "No Penalty can be Imposed u/s 271(1) when Income Surrendered by Assessee During Survey is Shown in Regular Income-Tax Return Filed within Prescribed Time: ITAT [Read Order]")
Re-Assessment Order Passed Completely Inconsistent With Previous Assessment without a valid reason is invalid: Delhi HC [Read Order]
The Delhi High Court has held that the re-assessment order passed completely inconsistent with the previous assessment without a valid reason is invalid. Prem Kumar Chopra, the petitioner, a...
![Re-Assessment Order Passed Completely Inconsistent With Previous Assessment without a valid reason is invalid: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Re-Assessment-Order-Passed-Completely-Inconsistent-With-Previous-Assessment-Delhi-HC-TAXSCAN.jpg "Re-Assessment Order Passed Completely Inconsistent With Previous Assessment without a valid reason is invalid: Delhi HC [Read Order]")
Incriminating Statements by Third Parties Cannot Be Used for Addition in Income Tax Assessment: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) recently ruled that the incriminating statements by third parties cannot be used for addition in Income Tax assessment. The ...
![Incriminating Statements by Third Parties Cannot Be Used for Addition in Income Tax Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Incriminating-Statements-by-Third-Parties-Incriminating-Statements-Income-Tax-Assessment-ITAT-taxscan.jpg "Incriminating Statements by Third Parties Cannot Be Used for Addition in Income Tax Assessment: ITAT [Read Order]")
![Assessment Order Framed against Non-Existing Company Illegal and Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Assessment-Order-Framed-against-Non-Existing-Company-Assessment-Order-Non-Existing-Company-ITAT-Void-Ab-Initio-Taxscan.jpg "Assessment Order Framed against Non-Existing Company Illegal and Void Ab Initio: ITAT [Read Order]")
![No Income Tax Addition can be made in respect of Addition under the Black Money Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Income-Tax-Addition-Income-Tax-Addition-Black-Money-Act-ITAT-Taxscan.jpg "No Income Tax Addition can be made in respect of Addition under the Black Money Act: ITAT [Read Order]")