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Section 144 of Income...

CIT(A) Restricts Addition on Alleged Bogus Transactions to 5% Instead of 100%: ITAT Orders De Novo Adjudication on Revenue’s Appeal [Read Order]

Navasree A.M

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ), with respect to the case involving alleged bogus purchase transactions, has set aside...

Addition of Rs. 1,17,538/- u/s 68 for Penny Stock Transactions: ITAT Deletes Addition as Assessee...

Agricultural Receipts Treated as Unexplained Income u/s 68: ITAT Grants Opportunity to Substantiate...

Income Tax Assessment against Company Dissolved and Struck Off u/s 560(5) of Companies Act Held...

Ex-Parte Order Passed without Adjudicating Issue On Merits: ITAT Remits Rs. 3 Cr Sales and Purchases...

ITAT bars CIT(A) from Remand Without First Deciding Jurisdiction in Time-Barred Reassessment Case [Read Order]

Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has set aside an order passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), observing that the CIT(A)...

ITAT Dismisses Revenue’s Appeals against Civil Contractor as Tax Effect Below ₹60 Lakhs, Grounds Termed “Cryptic and Nebulous” [Read Order]

The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) recently dismissed two appeals filed by the Income Tax Officer against the assessee Janardan Shyam Bihari Singh, a civil contractor, for...

ITAT Rules in Favor of NGO, Cites Principles of Natural Justice in Ex Parte Case [Read Order]

The Income Tax Appellate Tribunal (ITAT) Ranchi Bench has ruled in favor of appellant, setting aside an ex parte assessment order and subsequent appellate decision that had confirmed tax additions...

Ex-Parte Orders Passed without Fair Opportunity: ITAT sets aside CIT(A) Order

The Lucknow Bench of Income Tax Appellate Tribunal(ITAT) set aside the ex-parte order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] after finding that the assessee was not given a fair...

ITAT Weekly Round-Up [Feb 22nd-Feb 28th,2025]

This weekly round-up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan during the previous week from February 22nd to February 28th 2025 ...

Failure of CA and Advocate not Attributable to Delay of 2655 Days in Appeal Filing: ITAT holds Assessee Negligent [Read Order]

The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) recently dismissed an appeal filed with a delay of 2655 days, maintaining that the onus for ensuring timely filing of appeal does not lie...

ITAT Sets Aside CIT(A) Order for Non-Consideration of Merits and Non-Exemption of Advance Tax Payment [Read Order]

In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Kolkata Bench has set aside the order of the Commissioner of Income Tax (Appeals)-NFAC, Delhi, for failing to consider the merits of...