![ITAT dismisses Appeal as Taxpayer Opts for Settlement under Vivad Se Vishwas Scheme with Liberty to Restore [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-dismisses-Appeal-Vivad-Se-Vishwas-Scheme-taxscan.jpg "ITAT dismisses Appeal as Taxpayer Opts for Settlement under Vivad Se Vishwas Scheme with Liberty to Restore [Read Order]")
ITAT dismisses Appeal as Taxpayer Opts for Settlement under Vivad Se Vishwas Scheme with Liberty to Restore [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) dismissed an appeal after the assessee opted to settle the pending dispute under the...
![Relief to Owner of Taj Hotel Group:Â ITAT Sets Aside Income Tax Reassessment action Initiated [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Taj-Hotel-Group-ITAT-Income-Tax-Reassessment-taxscan.jpg "Relief to Owner of Taj Hotel Group:Â ITAT Sets Aside Income Tax Reassessment action Initiated [Read Order]")
![PCIT Revision Order: ITAT Rules Assessment Order not erroneous, Rules Unexplained Money matter Properly Verified [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Unexplained-money.jpg "PCIT Revision Order: ITAT Rules Assessment Order not erroneous, Rules Unexplained Money matter Properly Verified [Read Order]")
![Timely Payment of Appeal Fee: ITAT Remands Case to CIT(A) for Fresh Adjudication After Condoning 5-Day Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Remands-Case-Timely-Payment-of-Appeal-Fee-taxscan.jpg "Timely Payment of Appeal Fee: ITAT Remands Case to CIT(A) for Fresh Adjudication After Condoning 5-Day Delay [Read Order]")
![ITAT Remits matter back to AO as Assessee was denied Sufficient Time to Respond [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Remits-ITAT-Remits-matter-back-to-AO-taxscan.jpg "ITAT Remits matter back to AO as Assessee was denied Sufficient Time to Respond [Read Order]")
![ITAT dismisses Tax Appeal as assessee Applies for Vivad Se Vishwas Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-dismisses-tax-appeal-tax-appeal-appeal-as-assessee-applies-Vivad-Se-Vishwas-Scheme-assessee-applies-for-Vivad-Se-Vishwas-Scheme-taxscan.jpg "ITAT dismisses Tax Appeal as assessee Applies for Vivad Se Vishwas Scheme [Read Order]")
![ITAT Delhi Drops Tax Appeal as LiuGong India Opts for Relief under Vivad Se Vishwas Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Delhi-Vivad-Se-Vishwas-Scheme-TAXSCAN.jpg "ITAT Delhi Drops Tax Appeal as LiuGong India Opts for Relief under Vivad Se Vishwas Scheme [Read Order]")
ITAT Directs CIT(A) to Condone 4-Day Delay and Adjudicate Kerala State Drugs and Pharmaceuticals Ltd.'s Appeal on Merits [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Cochin Bench has ruled in favor of Kerala State Drugs and Pharmaceuticals Ltd. and directed the Commissioner of Income Tax (Appeals) CIT(A) to condone a...
![ITAT Directs CIT(A) to Condone 4-Day Delay and Adjudicate Kerala State Drugs and Pharmaceuticals Ltd.s Appeal on Merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Pharmaceuticals-Kerala-State-Drugs-taxscan.jpg "ITAT Directs CIT(A) to Condone 4-Day Delay and Adjudicate Kerala State Drugs and Pharmaceuticals Ltd.s Appeal on Merits [Read Order]")
ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the penalty imposed under section 271D of Income Tax Act,1961, holding that the cash receipt from the sale of ancestral...
![ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Penalty-Cash-Receipt-Ancestral-Land-Sale-Citing-Bona-Fide-Belief-taxscan.webp "ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]")
Relief to Lupin Ltd: Bombay HC Quashes Arbitrary Reopening of Income Tax Assessment Citing Lack of New Evidence [Read Order]
In a recent ruling, the Bombay High Court quashed an arbitrary notice issued seeking to reopen the assessment for Lupin Limited without any fresh evidence. The case involved Lupin Limited (the...
![Relief to Lupin Ltd: Bombay HC Quashes Arbitrary Reopening of Income Tax Assessment Citing Lack of New Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Relief-to-Lupin-Ltd-Bombay-HC-Bombay-HC-Quashes-Reopening-of-Income-Tax-Assessment-Income-Tax-Assessment-Lack-of-New-Evidence-taxscan.jpg "Relief to Lupin Ltd: Bombay HC Quashes Arbitrary Reopening of Income Tax Assessment Citing Lack of New Evidence [Read Order]")
Tax Effect of ₹54.04 Lakh Below CBDT’s 60 Lakh Limit: ITAT Dismisses Revenue’s Appeal [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the Revenue’s appeal, noting that the tax effect of ₹54.04 lakh was below the ₹60 lakh threshold set by Central Board of Direct...
![Tax Effect of ₹54.04 Lakh Below CBDT’s 60 Lakh Limit: ITAT Dismisses Revenue’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/TAT-ITAT-Delhi-CBDT-ITAT-Dismisses-Revenue-Appeal-taxscan.jpg "Tax Effect of ₹54.04 Lakh Below CBDT’s 60 Lakh Limit: ITAT Dismisses Revenue’s Appeal [Read Order]")
Income Tax Dept. Cannot Reopen Old Assessments Using Future Amendment Banning Goodwill Depreciation: Gujarat HC [Read Order]
In a recent ruling, the Gujarat High Court ruled that a future amendment disallowing depreciation on goodwill, which came into effect on April 1, 2021, could not be used as a basis to reopen the...
![Income Tax Dept. Cannot Reopen Old Assessments Using Future Amendment Banning Goodwill Depreciation: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Income-Tax-Department-Old-Assessments-Amendment-Banning-Goodwill-Depreciation-Gujarat-HC-taxscan.jpg "Income Tax Dept. Cannot Reopen Old Assessments Using Future Amendment Banning Goodwill Depreciation: Gujarat HC [Read Order]")