![No Order shall be passed without affording Reasonable Opportunity of being heard to Assessee: ITAT set aside Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-income-tax-Order-No-Order-No-Order-shall-be-passed-without-affording-Reasonable-Opportunity-taxscan.jpg "No Order shall be passed without affording Reasonable Opportunity of being heard to Assessee: ITAT set aside Order of CIT(A) [Read Order]")
No Order shall be passed without affording Reasonable Opportunity of being heard to Assessee: ITAT set aside Order of CIT(A) [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that no order shall be passed without affording reasonable opportunity of being...
![Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Mere-initiation-Penalty-proceedings-challenged-unless-formal-order-passed-ITAT-dismisses-Appeal-TAXSCAN.jpg "Mere initiation of Penalty proceedings cannot be challenged unless formal order has been passed: ITAT dismisses Appeal [Read Order]")
![ITAT sets aside Assessment Order passed without giving Opportunity to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Assessment-passed-without-Opportunity-Assessee-TAXSCAN.jpg "ITAT sets aside Assessment Order passed without giving Opportunity to Assessee [Read Order]")
![ITAT quashes Reassessment Proceedings Initiated by Assessing Officer without having Tangible Materials [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-quashes-Reassessment-Proceedings-Assessing-Officer-Tangible-Materials-Assessing-Officer-without-having-Tangible-Materials-Reassessment-Proceedings-taxscan.jpg "ITAT quashes Reassessment Proceedings Initiated by Assessing Officer without having Tangible Materials [Read Order]")
![AO wrongly invoked Section 50C (1) of Income Tax Act: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/AO-wrongly-invoked-Income-Tax-Act-ITAT-dismisses-Appeal-TAXSCAN.jpg "AO wrongly invoked Section 50C (1) of Income Tax Act: ITAT dismisses Appeal [Read Order]")
Ignorance that Income Earned from Partnership Liable to Tax not Reasonable Cause for Late Filing of ITR: ITAT Upholds Penalty [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that ‘Reasonable Cause' needs to be substantiated for failure of filing of return in order to claim exemption to penalty under Section...
![Ignorance that Income Earned from Partnership Liable to Tax not Reasonable Cause for Late Filing of ITR: ITAT Upholds Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Ignorance-Income-Earned-Income-Earned-from-Partnership-Partnership-Income-Liable-to-Tax-tax-Reasonable-Cause-for-Late-Filing-Late-Filing-Late-Filing-of-ITR-ITR-ITAT-Upholds-Penalty-ITAT-Penalty-taxscan.jpg "Ignorance that Income Earned from Partnership Liable to Tax not Reasonable Cause for Late Filing of ITR: ITAT Upholds Penalty [Read Order]")
![ITAT Upholds addition made on account of Trading in Penny Stock Shares of Shell Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Stock-share-addition-made-account-of-Trading-Penny-Stock-Shares-Shell-Company-ITAT-TAXSCAN.jpg "ITAT Upholds addition made on account of Trading in Penny Stock Shares of Shell Company [Read Order]")
ITAT quashes Reassessment based on vague and Innocuous Information regarding Accommodation Entry provided to Entry Operators
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has quashed the reopening of the assessment based on vague and innocuous information regarding accommodation entry provided to...
ITAT Deletes Addition on Disallowance of Subcontract Expenses on Ground of Lack of Evidence [Read Order]
The New Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently deleted the addition on disallowance of subcontract expenses on ground of lack of evidence. The appeal was filed by the...
![ITAT Deletes Addition on Disallowance of Subcontract Expenses on Ground of Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-Addition-on-Disallowance-of-Subcontract-Expenses-Lack-of-Evidence-ITAT-Deletes-Addition-Addition-on-Disallowance-of-Subcontract-Expenses-Subcontract-Expenses-taxscan.jpg "ITAT Deletes Addition on Disallowance of Subcontract Expenses on Ground of Lack of Evidence [Read Order]")
Filing of Statutory Appeal before NFAC Accompanied by Stay Application for Interim Protection: Madras HC Dismisses WP [Read Order]
The Madras High Court dismissed the writ petition (WP) as the petitioner filed the statutory appeal before the National Faceless Appeal Centre (NFAC) accompanied by stay application for interim...
![Filing of Statutory Appeal before NFAC Accompanied by Stay Application for Interim Protection: Madras HC Dismisses WP [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/dismisses-HC-High-court-madras-HC-dismisses-WP-madras-high-court-taxscan.jpg "Filing of Statutory Appeal before NFAC Accompanied by Stay Application for Interim Protection: Madras HC Dismisses WP [Read Order]")
Section 292BB of Income Tax Act shall not applicable if Assessee not Participated in Reassessment Proceedings: ITAT quashes Notice to Dead Person [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) quashed the notice issued to dead person and held that section 292B of the Income Tax Act, 1961 should not be applicable if the assessee has...
![Section 292BB of Income Tax Act shall not applicable if Assessee not Participated in Reassessment Proceedings: ITAT quashes Notice to Dead Person [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-Income-Tax-Reassessment-Proceedings-ITAT-quashes-notice-to-Dead-Person-taxscan.jpg "Section 292BB of Income Tax Act shall not applicable if Assessee not Participated in Reassessment Proceedings: ITAT quashes Notice to Dead Person [Read Order]")
Cash Deposit made in Savings Bank account is Sale Consideration earned from Agricultural Land: ITAT Quashes Revision Order [Read Order]
The Amritsar bench of Income Tax Appellate Tribunal (ITAT) while quashing the revision order, held that cash deposit made in a savings bank account is sale consideration earned from the...
![Cash Deposit made in Savings Bank account is Sale Consideration earned from Agricultural Land: ITAT Quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Cash-Deposit-made-Savings-Bank-account-Sale-Consideration-earned-Agricultural-Land-ITAT-TAXSCAN.jpg "Cash Deposit made in Savings Bank account is Sale Consideration earned from Agricultural Land: ITAT Quashes Revision Order [Read Order]")