![ITAT directs AO to use judicious approach and call for confirmation U/S 133(6) on grounds of Information not being provided in prescribed format and duly signed by CA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/ITAT-AO-ITAT-directs-AO-to-use-judicious-approach-and-call-for-confirmation-CA-taxscan.jpg "ITAT directs AO to use judicious approach and call for confirmation U/S 133(6) on grounds of Information not being provided in prescribed format and duly signed by CA [Read Order]")
ITAT directs AO to use judicious approach and call for confirmation U/S 133(6) on grounds of Information not being provided in prescribed format and duly signed by CA [Read Order]
The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that Information not being provided in prescribed format and duly signed by CA...
![Mere Suspicion cannot take place for the purpose of passing an Order: ITAT deletes Addition made u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mere-Suspicion-place-for-the-purpose-of-passing-an-Order-ITAT-deletes-Addition-Income-Tax-Act-TAXSCAN.jpg "Mere Suspicion cannot take place for the purpose of passing an Order: ITAT deletes Addition made u/s 68 of Income Tax Act [Read Order]")
![Absence of Cross-Verification u/s 133(6) Should Not Be Sole Basis to Disallow Expenses: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Absence-of-Cross-Verification-Disallow-Expenses-ITAT-Cross-Verification-taxscan.jpg "Absence of Cross-Verification u/s 133(6) Should Not Be Sole Basis to Disallow Expenses: ITAT [Read Order]")
![Act of AO Prejudicial to Interests of Revenue: ITAT upholds Revision Order of PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Act-AO-Prejudicial-Interests-Revenue-ITAT-Revision-PCIT-TAXSCAN-1.jpg "Act of AO Prejudicial to Interests of Revenue: ITAT upholds Revision Order of PCIT [Read Order]")
![ITAT Upholds Deletion of Addition made on Account of Unsecured Loan due to Failure to Produce Genuine Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Uphold-Delete-Addition-Assessing-officer-Unsecured-Loan-Non-submission-genuine-Documents-ITAT-income-tax-taxscan.jpg "ITAT Upholds Deletion of Addition made on Account of Unsecured Loan due to Failure to Produce Genuine Documents [Read Order]")
Cessation of Liabilty u/s 41(1) of Income Tax Act cannot be treated as Income for Addition : ITAT sets aside Addition[Read Order]
The Delhi bench of Income Tax Appellate Tribunal ( ITAT) held that cessation of liability under Section 41(1) of Income Tax Act,1961 cannot be treated as an income for addition. Raunika Fashion...
![Cessation of Liabilty u/s 41(1) of Income Tax Act cannot be treated as Income for Addition : ITAT sets aside Addition[Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Cessation-of-Liabilty-Income-Tax-Act-Income-Tax-Income-for-Addition-ITAT-sets-aside-Addition-taxscan.jpg "Cessation of Liabilty u/s 41(1) of Income Tax Act cannot be treated as Income for Addition : ITAT sets aside Addition[Read Order]")
![No Penalty u/s 271D if Reasonable Cause shown by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-Reasonable-Cause-shown-by-Assessee-ITAT-Assessee-Reasonable-Cause-Taxscan.jpg "No Penalty u/s 271D if Reasonable Cause shown by Assessee: ITAT [Read Order]")
Income Tax Dept issues FAQ on Submitting Responses to Notices and Letters Received under e-Verification Scheme
The Income Tax Department has released answers to the Frequently Asked Questions (FAQ) regarding submission of responses to notices and letters received under the e-verification scheme, 2021. What...
Revenue can bring Expenditure Incurred in Earlier Years to be Taxed in Subsequent Years on Bogus Expenditure: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that revenue could bring expenditure incurred in earlier years to be taxed in subsequent years on bogus expenditure. The assessee,...
![Revenue can bring Expenditure Incurred in Earlier Years to be Taxed in Subsequent Years on Bogus Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Revenue-can-bring-Expenditure-Incurred-Expenditure-Incurred-in-Earlier-Years-Revenue-Expenditure-Bogus-Expenditure-ITAT-Taxscan.jpg "Revenue can bring Expenditure Incurred in Earlier Years to be Taxed in Subsequent Years on Bogus Expenditure: ITAT [Read Order]")
Works by Government Agencies would not Complete if Entire Purchases were held as Non-genuine: Bombay HC upholds ITAT’s order on Bogus Purchases [Read Order]
In a recent ruling, a Division Bench of Bombay High Court while dismissing the appeal, upheld the order of the Income Tax Appellate Tribunal (ITAT) that the purchases from ten parties were bogus and...
![Works by Government Agencies would not Complete if Entire Purchases were held as Non-genuine: Bombay HC upholds ITAT’s order on Bogus Purchases [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Works-by-Government-Agencies-Complete-if-Entire-Purchases-Non-genuine-Bombay-HC-ITATs-order-on-Bogus-Purchases-TAXSCAN.jpg "Works by Government Agencies would not Complete if Entire Purchases were held as Non-genuine: Bombay HC upholds ITAT’s order on Bogus Purchases [Read Order]")
All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]
The Ahmadabad bench of the Income Tax Appellate Tribunal (ITAT), while allowing the appeal filed by the assesee, recently held that all cash deposits in the savings account could not be considered as...
![All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Cash-Deposits-in-Saving-Account-Saving-Account-Cash-Deposits-Income-of-Assessee-ITAT-Appeal-taxscan.jpg "All the Cash Deposits in Saving Account is not Income of Assessee: ITAT allows Appeal [Read Order]")
Income Tax Portal enables ‘Comply to Notice’ Feature: Taxpayers can now View and Submit Responses to Notices u/s 133(6) [Read Order]
The Income Tax e-Portal has releases a new functionality to enable taxpayers to reply to submit response to any ITBA notice/document DIN not linked to PAN/TAN or Notice under Section 133(6) where...
![Income Tax Portal enables ‘Comply to Notice’ Feature: Taxpayers can now View and Submit Responses to Notices u/s 133(6) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-Tax-Portal-Income-tax-Taxpayers-Notices-taxscan.jpg "Income Tax Portal enables ‘Comply to Notice’ Feature: Taxpayers can now View and Submit Responses to Notices u/s 133(6) [Read Order]")