![ITAT upholds CIT(A) Ruling on Accounting Manipulation and Tax Evasion Due to Insufficient Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Accounting-Manipulation-Tax-Evasion-Insufficient-Evidence-taxscan.jpg "ITAT upholds CIT(A) Ruling on Accounting Manipulation and Tax Evasion Due to Insufficient Evidence [Read Order]")
ITAT upholds CIT(A) Ruling on Accounting Manipulation and Tax Evasion Due to Insufficient Evidence [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal(ITAT) upheld the ruling of the Commissioner of Income Tax (Appeals) [CIT(A)] regarding accounting...
![ITAT upholds CIT(A) Decision, Dismissing Additions for AY 2015-16 Due to Lack of Evidentiary Value in Excel Sheet [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Additions-Excel-Sheet-taxscan.jpg "ITAT upholds CIT(A) Decision, Dismissing Additions for AY 2015-16 Due to Lack of Evidentiary Value in Excel Sheet [Read Order]")
![Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Cash-Deposits-Sale-Proceeds-ITAT-Deletion-Income-Tax-Additions-taxscan.jpg "Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]")
![AO Conducted Proper Inquiry into S.80P Deduction Claim by Co-Op Society: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/AO-Deduction-Claim-Co-Op-Society-ITAT-Revision-Order-taxscan.jpg "AO Conducted Proper Inquiry into S.80P Deduction Claim by Co-Op Society: ITAT quashes Revision Order [Read Order]")
![No Incriminating Evidence Found in Search, Unexplained Cash Credit Declared Invalid: ITAT upholds CIT (A) Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Commissioner-of-Income-Tax-Cash-Credit-Unexplained-Cash-Credit-TAXSCAN.jpg "No Incriminating Evidence Found in Search, Unexplained Cash Credit Declared Invalid: ITAT upholds CIT (A) Order [Read Order]")
Lack of Digital Submission of Audit Report not Destructive: Delhi HC Quashes Reassessment Proceedings [Read Order]
In a recent ruling of Delhi High Court the writ petitions were allowed, quashing the reassessment proceedings of the respondents as mere failure to digitally upload Audit Report doesn’t contribute to...
NFAC fails to Examine Nature of Unsecured Loan Transactions: ITAT restores Assessment Order [Read Order]
In a recent judgment, the Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has restored the assessment order, highlighting that the National Faceless Appeal Centre ( NFAC ), failed to examine...
![NFAC fails to Examine Nature of Unsecured Loan Transactions: ITAT restores Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-NFAC-NFAC-Fails-Assessment-Order-ITAT-Restores-Income-Tax-Appellate-Tribunal-National-Faceless-Appeal-Centre-taxscan.webp "NFAC fails to Examine Nature of Unsecured Loan Transactions: ITAT restores Assessment Order [Read Order]")
Non Diligence in Filing Appeal: ITAT imposes Cost on Appellant, directs to Deposit on PMRF [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench, recently imposed a cost on an appellant and directed her to deposit the same on Prime Minister's Relief Fund (PMRF), owing to the appellant’s...
![Non Diligence in Filing Appeal: ITAT imposes Cost on Appellant, directs to Deposit on PMRF [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Itat-Non-Diligence-Cost-on-Appellant-Deposit-on-PMRF-ITAT-Imposes-Cost-Appellant-appeal-filing-itat-news-itat-about-appeal-filing-itat-on-appeal-filing-itat-about-pmrf-taxscan.jpg "Non Diligence in Filing Appeal: ITAT imposes Cost on Appellant, directs to Deposit on PMRF [Read Order]")
S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that deduction under Section 36(1)(viia) of Income tax Act, 1961 is not allowed without any provision for Bad and Doubtful...
![S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Deduction-Bad-Doubtful-Debts-Books-of-Account-ITAT-taxscan.jpg "S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]")
Assessee can’t be Penalized for Fault of CA: ITAT Condones Delay of 1430 days in filing Appeal [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) held that an assessee cannot be penalized for the fault of their Chartered Accountant ( CA ) and accordingly condoned an exorbitant...
![Assessee can’t be Penalized for Fault of CA: ITAT Condones Delay of 1430 days in filing Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-ITAT-Ahmedabad-CA-assessee-cannot-be-penalized-Fault-of-CA-Condones-Delay-Chartered-Accountant-NFAC-taxscan.jpg "Assessee can’t be Penalized for Fault of CA: ITAT Condones Delay of 1430 days in filing Appeal [Read Order]")
No Undue Delay in Submitting Reply to SCN: Himachal Pradesh HC sets aside u/s 143 (3) of Income Tax Act and remits matter back to PCIT [Read Order]
The Himachal Pradesh High Court has set aside the order under Section 143(3) of the Income Tax Act, 1961, citing no undue delay in submitting the reply to the Show Cause Notice, and has remitted the...
![No Undue Delay in Submitting Reply to SCN: Himachal Pradesh HC sets aside u/s 143 (3) of Income Tax Act and remits matter back to PCIT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Himachal-Pradesh-High-Court-Principal-Commissioner-of-Income-Tax-SCN-Delay-in-Reply-to-SCN-taxscan-2.jpg "No Undue Delay in Submitting Reply to SCN: Himachal Pradesh HC sets aside u/s 143 (3) of Income Tax Act and remits matter back to PCIT [Read Order]")
Treating Cash Deposit During Demonetization as unexplained cash without rejecting Books of account is Invalid: ITAT [Read Order]
In a recent case, the New Delhi of the Income Tax Appellate Tribunal ( ITAT ) held that treating the cash deposit as unexplained cash without rejecting the books of account is invalid. Pilani...
![Treating Cash Deposit During Demonetization as unexplained cash without rejecting Books of account is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Income-Tax-Appellate-Tribunal-ITAT-delhi-Cash-Deposit-taxscan.jpg "Treating Cash Deposit During Demonetization as unexplained cash without rejecting Books of account is Invalid: ITAT [Read Order]")