![Order Passed u/s 147 r.w.s 143(3) under Reassessment Proceedings Initiated before Search and Seizure is Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Order-Reassessment-Proceedings-Reassessment-Proceedings-Initiated-before-Search-and-Seizure-is-Void-Ab-Initio-Search-and-Seizure-ITAT-Taxscan.jpg "Order Passed u/s 147 r.w.s 143(3) under Reassessment Proceedings Initiated before Search and Seizure is Void Ab Initio: ITAT [Read Order]")
Order Passed u/s 147 r.w.s 143(3) under Reassessment Proceedings Initiated before Search and Seizure is Void Ab Initio: ITAT [Read Order]
The Indore Bench of Income Tax Appellate Tribunal (ITAT) has held that the order passed under Section 147 read with Section 143(3) of the Income Tax...
![Revision order passed u/s 263 of Income Tax Act without jurisdiction: ITAT sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Revision-order-Income-Tax-Act-jurisdiction-ITAT-sets-aside-Order-ITAT-Order-Taxscan.jpg "Revision order passed u/s 263 of Income Tax Act without jurisdiction: ITAT sets aside Order [Read Order]")
![Registration u/s 12A(1)(ac)(iii) of Income Tax Act shall not be denied if Remuneration paid to trusts full time workers is not contravening Section 13(1)(c) : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Registration-Income-Tax-Act-Remuneration-paid-to-trusts-full-time-workers-trusts-full-time-workers-taxscan.jpg "Registration u/s 12A(1)(ac)(iii) of Income Tax Act shall not be denied if Remuneration paid to trusts full time workers is not contravening Section 13(1)(c) : ITAT [Read Order]")
![No Addition can be made u/s 56(2)(x)(b) of IT Act if Allotment Letter issued for Purchase Property in Future: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/IT-Act-if-allotment-letter-issued-purchase-property-in-future-ITAT-TAXSCAN.jpg "No Addition can be made u/s 56(2)(x)(b) of IT Act if Allotment Letter issued for Purchase Property in Future: ITAT [Read Order]")
![No Disallowance of Foreign Travel expenses of Company Employees Spouses accompanied on Official Tour: ITAT grants relief to Hindustan Unilever [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-Disallowance-of-Foreign-Travel-expenses-of-Company-Employees-Spouses-accompanied-on-Official-Tour-ITAT-grants-relief-to-Hindustan-Unilever-TAXSCAN.jpg "No Disallowance of Foreign Travel expenses of Company Employees Spouses accompanied on Official Tour: ITAT grants relief to Hindustan Unilever [Read Order]")
Penalty u/s 271AAB shall not be levied if search u/s 153A not conducted in Premises of Assessee: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) held that the penalty under section 271AAB Income Tax Act, 1961 should not be levied if the search under section 153A Income Tax...
![Penalty u/s 271AAB shall not be levied if search u/s 153A not conducted in Premises of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-shall-not-be-levied-not-conducted-in-Premises-of-Assessee-ITAT-TAXSCAN.jpg "Penalty u/s 271AAB shall not be levied if search u/s 153A not conducted in Premises of Assessee: ITAT [Read Order]")
Physical Cash found during Survey is Residual Amount of Cash Withdrawn from Firm against Imprest Account for Expenses: ITAT deletes Addition [Read Order]
The Indore bench of Income Tax Appellate Tribunal (ITAT) has recently held that physical cash found during survey is residual amount of cash withdrawn from firm against imprest account for expences. ...
![Physical Cash found during Survey is Residual Amount of Cash Withdrawn from Firm against Imprest Account for Expenses: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Physical-Cash-Survey-Cash-Withdrawn-from-Firm-Cash-Withdrawn-Imprest-Account-ITAT-deletes-Addition-ITAT-Physical-Cash-found-during-Survey-Taxscan-1.jpg "Physical Cash found during Survey is Residual Amount of Cash Withdrawn from Firm against Imprest Account for Expenses: ITAT deletes Addition [Read Order]")
Unexplained Money u/s 69A Received Back through Banking Channel as Sale Consideration of Shares: ITAT Upholds Addition u/s 115BBE [Read Order]
The Income Tax Appellate Tribunal (ITAT), Raipur Bench, has recently, in an appeal filed before it, on finding that unexplained money under section 69A was received back through banking channel as...
![Unexplained Money u/s 69A Received Back through Banking Channel as Sale Consideration of Shares: ITAT Upholds Addition u/s 115BBE [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Unexplained-Money-Banking-Channel-sale-Consideration-of-Shares-ITAT-Upholds-Addition-ITAT-Income-Tax-taxscan.jpg "Unexplained Money u/s 69A Received Back through Banking Channel as Sale Consideration of Shares: ITAT Upholds Addition u/s 115BBE [Read Order]")
No failure on the part of the Assessee to Disclose Material Facts during Scrutiny u/s 143(3), IT Act: ITAT quashes Reopening of Assessment u/s 148 [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) has recently while quashing the reopening assessment under Section 148 of the Income Tax Act, 1961 held that there is no failure on...
![No failure on the part of the Assessee to Disclose Material Facts during Scrutiny u/s 143(3), IT Act: ITAT quashes Reopening of Assessment u/s 148 [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/No-failure-on-the-part-of-the-Assessee-to-Disclose-Material-Facts-during-Scrutiny-Assessee-Material-Facts-Scrutiny-IT-Act-ITAT-quashes-Reopening-of-Assessment-ITAT-Taxscan.jpg "No failure on the part of the Assessee to Disclose Material Facts during Scrutiny u/s 143(3), IT Act: ITAT quashes Reopening of Assessment u/s 148 [Read Order]")
Citizenship & Taxability of NRI cannot be determined by TDS Deduction by Overseas Companies in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad “D” bench has held that the Citizenship & Taxability of an NRI cannot be determined by Tax Deducted at Source (TDS) by an Overseas Company in...
![Citizenship & Taxability of NRI cannot be determined by TDS Deduction by Overseas Companies in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Citizenship-and-Taxability-of-NRI-cannot-be-determined-by-TDS-Deduction-Citizenship-and-Taxability-of-NRI-NRI-TDS-Deduction-by-Overseas-Companies-in-India-TDS-Deduction-TDS-ITAT-Taxscan.jpg "Citizenship & Taxability of NRI cannot be determined by TDS Deduction by Overseas Companies in India: ITAT [Read Order]")
Income Earned by NRI outside India Exempted even if Paid into NRE Account in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the income earned by a Non-Resident Indian outside India is exempted from tax even if the same was paid into the Non-Resident...
![Income Earned by NRI outside India Exempted even if Paid into NRE Account in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/NRE-Account-in-India-Income-Income-Earned-by-NRI-outside-India-NRI-outside-India-Income-Earned-by-NRI-India-Exempted-Paid-into-NRE-Account-in-India-NRE-ITAT-Income-Tax-taxscan.jpg "Income Earned by NRI outside India Exempted even if Paid into NRE Account in India: ITAT [Read Order]")
![CBDT issues Guidelines and Procedure for Complete Scrutiny of ITRs during FY 2023-24 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/05/CBDT-issues-Guidelines-Procedure-Complete-Scrutiny-ITRs-taxscan.jpg "CBDT issues Guidelines and Procedure for Complete Scrutiny of ITRs during FY 2023-24 [Read Circular]")