![Misapplication of Income Tax Section 143(3) Instead of Section 153C by AO: ITAT quashes Entire Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Income-Tax-Section-1433-of-Income-Tax-Act-Income-Tax-Act-Taxscan.jpg "Misapplication of Income Tax Section 143(3) Instead of Section 153C by AO: ITAT quashes Entire Assessment [Read Order]")
Misapplication of Income Tax Section 143(3) Instead of Section 153C by AO: ITAT quashes Entire Assessment [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the order passed by the Deputy Commissioner of Income Tax ( DCIT ) for the...
![ITAT dismisses Revenue’s Tax Appeal for Lack of Jurisdiction, grants Liberty to Approach Appropriate Bench [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Delhi-ITAT-ITAT-Dismisses-Revenues-Tax-Appeal-Lack-of-Jurisdiction-Appropriate-Bench-Grants-Liberty-Income-Tax-Appellate-Tribunal-taxscan.jpg "ITAT dismisses Revenue’s Tax Appeal for Lack of Jurisdiction, grants Liberty to Approach Appropriate Bench [Read Order]")
![CIT(A) Deletion of Bogus Expenditure Additions upheld: ITAT affirms need for Substantive Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Bogus-Expenditure-ITAT-Substantive-Evidence-taxscan.jpg "CIT(A) Deletion of Bogus Expenditure Additions upheld: ITAT affirms need for Substantive Evidence [Read Order]")
![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) 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]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam in a recent matter directed the Assessing Officer (AO) to delete additions made under Section 69A read with Section 115BBE of the Income Tax...
![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]
The Income Tax Appellate Tribunal (ITAT) of Ahmedabad in a recent case allowed a deduction claim made by a Co-operative Society under Section 80P(2)(d) of the Income Tax Act, 1961 (ITA) related...
![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]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the order of the Commissioner of Income Tax (Appeals) [CIT(A)], stating that no incriminating evidence was found during the...
![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]")