![Lack of proper inquiry on Unexplained Cash Deposits during Demonetization: ITAT restores matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Unexplained-Cash-Deposits-Demonetization-taxscan.jpg "Lack of proper inquiry on Unexplained Cash Deposits during Demonetization: ITAT restores matter [Read Order]")
Lack of proper inquiry on Unexplained Cash Deposits during Demonetization: ITAT restores matter [Read Order]
The Agra Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter back to the Commissioner of Income Tax ( Appeals ) [CIT(A)] due to the...
![Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Taxability-of-Lease-Taxability-Taxability-of-Lease-Premiums-Rent-Collected-State-Government-ITAT-ITAT-Rules-ITAT-Rules-Funds-Not-Taxable-Taxable-taxscan.jpg "Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]")
![ITAT Remands ₹44.9 Lakhs Unexplained Cash Deposits Case to AO: Deliberates on need for Natural Justice in Reassessments [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Natural-Justice-in-Reassessment-TAXSCAN.jpg "ITAT Remands ₹44.9 Lakhs Unexplained Cash Deposits Case to AO: Deliberates on need for Natural Justice in Reassessments [Read Order]")
![Non-Furnishing of Approval u/s 151 to Assessee: Bombay HC quashes Income Tax Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Bombay-High-Court-Income-Tax-Income-Tax-Reassessment-Section-151-of-Income-Tax-Act-TAXSCAN.jpg "Non-Furnishing of Approval u/s 151 to Assessee: Bombay HC quashes Income Tax Reassessment [Read Order]")
![Rs.19 Lakh ‘Unexplained Money’ with Golgappa Vendor: ITAT Remands Income Tax matter Directing Opportunity for Personal Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Golgappa-vendor-taxscan-.png "Rs.19 Lakh ‘Unexplained Money’ with Golgappa Vendor: ITAT Remands Income Tax matter Directing Opportunity for Personal Hearing [Read Order]")
ITAT Remands Case to AO for Re-examination of Cash Deposits and Bank Entries due to Improper Assessment, Imposes Rs.20,000 Cost for Non-Compliance [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case to the Assessing Officer ( AO ) for re-examination of cash deposits and bank entries due to improper assessment. A cost...
![ITAT Remands Case to AO for Re-examination of Cash Deposits and Bank Entries due to Improper Assessment, Imposes Rs.20,000 Cost for Non-Compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/TAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-ITAT-Remands-Case-for-Re-examination-of-Cash-Deposit-Taxscan.jpeg "ITAT Remands Case to AO for Re-examination of Cash Deposits and Bank Entries due to Improper Assessment, Imposes Rs.20,000 Cost for Non-Compliance [Read Order]")
AO Overlaps Unexplained Income with Declared Turnover: ITAT deletes Incorrect Addition and Lowers Income Estimation Rate to 4% [Read Order]
The Visakhapatnam bench of the Income Tax Appellate Tribunal ( ITAT ) deleted an incorrect addition made by the assessing officer who mistakenly added declared turnover as unexplained income. The...
![AO Overlaps Unexplained Income with Declared Turnover: ITAT deletes Incorrect Addition and Lowers Income Estimation Rate to 4% [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Visakhapatnam-Income-Tax-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "AO Overlaps Unexplained Income with Declared Turnover: ITAT deletes Incorrect Addition and Lowers Income Estimation Rate to 4% [Read Order]")
AO is “Prescribed Income Tax Authority” to issue Notices u/s 143(2) and 142(1): Delhi HC [Read Order]
The Delhi High Court recently dismissed a petition challenging Notices issued by the Assistant Commissioner of Income Tax under Sections 143(2) and 142(1) of the Income Tax Act, 1961, affirming the...
![AO is “Prescribed Income Tax Authority” to issue Notices u/s 143(2) and 142(1): Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Delhi-High-Court-Delhi-HC-Income-Tax-Authority-section-1432-TAXSCAN.jpg "AO is “Prescribed Income Tax Authority” to issue Notices u/s 143(2) and 142(1): Delhi HC [Read Order]")
![NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/NFAC-Appeal-ITAT-taxscan.jpg "NFAC dismisses Appeal in-limine for Non-appearance: ITAT Remands Case [Read Order]")
Ex-Parte Dismissal citing Absenteeism by NFAC: ITAT Reverts Income Tax matter for Meritorious Adjudication [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam recently reverted an Order passed by the Commissioner of Income Taxes (Appeal) - National Faceless Appeals Centre ( CIT(A)-NFAC ) citing the...
![Ex-Parte Dismissal citing Absenteeism by NFAC: ITAT Reverts Income Tax matter for Meritorious Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-NFAC-Income-Tax-Ex-Parte-Dismissal-ITAT-Reverts-Income-Tax-matter-Meritorious-Adjudication-taxscan.jpg "Ex-Parte Dismissal citing Absenteeism by NFAC: ITAT Reverts Income Tax matter for Meritorious Adjudication [Read Order]")
ITAT deletes Penalty u/s 270 A over Income Discrepancy Caused by Auditors Incorrect Recording of WDV in Tax Audit Report [Read Order]
In a recent judgement, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the penalty under Section 270A of the Income Tax Act, 1961, citing that the income discrepancy was due to...
![ITAT deletes Penalty u/s 270 A over Income Discrepancy Caused by Auditors Incorrect Recording of WDV in Tax Audit Report [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Completion-of-Audit-Audit-Furnishing-of-Tax-Audit-Report-Tax-Audit-Report-Assessment-Proceedings-ITAT-Penalty-Taxscan.jpg "ITAT deletes Penalty u/s 270 A over Income Discrepancy Caused by Auditors Incorrect Recording of WDV in Tax Audit Report [Read Order]")
Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]
Recently, the Ahmedabad “A” Bench of Income Tax Appellate Tribunal (ITAT) set aside an order passed under Section 144 of the Income Tax Act, 1961 (ITA), noting that income tax notices were not sent...
![Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-Income-Tax-Act-Income-Tax-Notice-Wrong-Address-Section-144-ITAT-news-ITAT-Sets-Aside-Order-TAXSCAN.jpg "Income Tax Notice Sent to Wrong Address: ITAT sets aside Order u/s 144 of Income Tax Act [ Read Order]")