![Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110077-income-tax-addition-taxpayer-days-delay-taxscan.webp "Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]")
Consultant Failed Him’: ITAT remands ₹18.5L Income Tax Addition on Differently Abled Taxpayer, Condones 600+ days Delay [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad bench, has remanded a matter of a ₹18.55 lakh income tax addition made against a 60% ...
![Taxpayer Yet to Prove Source of Deposit from Property Sale to Father: ITAT Remands Cash Deposit Matter for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/250x150_2108303-itat-remands-cash-deposit.webp "Taxpayer Yet to Prove Source of Deposit from Property Sale to Father: ITAT Remands Cash Deposit Matter for Verification [Read Order]")
![Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104921-share-premium-capital-income-taxscan.webp "Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]")
![Partial Relief for IIECL: ITAT Holds Only Profit Margin Taxable, Restricts Addition on ₹92.20 Lakh Bogus Purchases to 5% [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102318-iiecl-itat-profit-margin-taxable-restricts-bogus-taxscan.webp "Partial Relief for IIECL: ITAT Holds Only Profit Margin Taxable, Restricts Addition on ₹92.20 Lakh Bogus Purchases to 5% [Read Order]")
![Unexplained Cash Deposits in Bank: ITAT Restricts Addition to 12% as Interest on Short-Term Loans [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093491-itat-itat-kolkata-unexplained-cash-deposit-income-tax-appellate-tribunal-itat-case-for-reassessment-of-cash-deposit-taxscan.webp "Unexplained Cash Deposits in Bank: ITAT Restricts Addition to 12% as Interest on Short-Term Loans [Read Order]")
Accommodation Entry Share Sale Treated as Unexplained Income u/s 69: ITAT Deletes Addition, Finds Actual Profit Only Rs. 842 [Read Order]
The Nagpur Bench of Income Tax AppellateTribunal ( ITAT ) deleted an addition under section 69 of Income Tax Act,1961 in an alleged accommodation entry share sale, finding that the actual profit was...
![Accommodation Entry Share Sale Treated as Unexplained Income u/s 69: ITAT Deletes Addition, Finds Actual Profit Only Rs. 842 [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/500x300_2091875-accommodation-entry-share-sale-treated-unexplained-income-us-69-itat-finds-actual-profit-taxscan.webp "Accommodation Entry Share Sale Treated as Unexplained Income u/s 69: ITAT Deletes Addition, Finds Actual Profit Only Rs. 842 [Read Order]")
Reopening of Assessment regarding Excess claim of Depreciation: Supreme Court dismisses SLP due to lack of Sufficient Reason for Delay [Read Judgement]
In a recent ruling, the supreme court dismissed a Special Leave Petition(SLP) filed challenging the reopening assessment regarding excess claim of depreciation. The dismissal was due to the lack of...
![Reopening of Assessment regarding Excess claim of Depreciation: Supreme Court dismisses SLP due to lack of Sufficient Reason for Delay [Read Judgement]](https://images.taxscan.in/h-upload/2025/09/27/500x300_2091570-reopening-of-assessment-excess-claim-of-depreciation-supreme-court-slp-due-sufficient-reason-delay-taxscan.webp "Reopening of Assessment regarding Excess claim of Depreciation: Supreme Court dismisses SLP due to lack of Sufficient Reason for Delay [Read Judgement]")
Revenue Challenges Gujarat HC Order on Reopening Income Tax Assessment Based on External Trading Data Before Supreme Court [Read Order]
The Revenue approached the Supreme Court challenging a Gujarat High Court judgment that quashed a reassessment notice issued under Section 148 of the Income Tax Act, 1961, on the ground that the...
![Revenue Challenges Gujarat HC Order on Reopening Income Tax Assessment Based on External Trading Data Before Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2025/09/03/500x300_2083776-revenue-gujarat-hc-income-tax-assessment-taxscan.webp "Revenue Challenges Gujarat HC Order on Reopening Income Tax Assessment Based on External Trading Data Before Supreme Court [Read Order]")
Delhi HC Quashes Reassessment Notice Issued on failure to follow Procedure as prescribed u/S 148A of Income Tax Act [Read Order]
The Delhi High Court quashed the reassessment notice issued on failure to follow the procedure as prescribed under section 148A of the Income Tax Act, 1961. Chandra Prakash...
![Delhi HC Quashes Reassessment Notice Issued on failure to follow Procedure as prescribed u/S 148A of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041770-delhi-hc-delhi-h-quashes-reassessment-notice-taxscan.webp "Delhi HC Quashes Reassessment Notice Issued on failure to follow Procedure as prescribed u/S 148A of Income Tax Act [Read Order]")
Income Tax Notice Dispatch Date Prevails Over Digital Signature Date: Delhi HC upholds Notice issued on Basis of SC Judgment [Read Order]
In a recent ruling, the Delhi High Court has held that the date of dispatch of an income tax notice is determinative, not the date of its digital signature. The bench upheld the notice issued on the...
![Income Tax Notice Dispatch Date Prevails Over Digital Signature Date: Delhi HC upholds Notice issued on Basis of SC Judgment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Notice-delhi-high-court-taxscan.jpg "Income Tax Notice Dispatch Date Prevails Over Digital Signature Date: Delhi HC upholds Notice issued on Basis of SC Judgment [Read Order]")
Validity of ₹95.56 Lakh Addition as On-Money u/s 69A: ITAT Deletes Addition Due to Lack of Proper Verification [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) deleted the addition of ₹95.56 Lakh as on-money under Section 69A of Income Tax Act,1961, ruling that the addition lacked proper...
![Validity of ₹95.56 Lakh Addition as On-Money u/s 69A: ITAT Deletes Addition Due to Lack of Proper Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Addition-Due-to-Lack-of-Proper-Verification-ITAT-Deletes-Addition-Due-taxscan.jpg "Validity of ₹95.56 Lakh Addition as On-Money u/s 69A: ITAT Deletes Addition Due to Lack of Proper Verification [Read Order]")
Unexplained Investment in Property: ITAT Upholds Sources Proven by Assessee from Family Members [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) upholds sources proven by the assessee for an unexplained investment in property, finding that the ₹40,00,000 used for the property purchase...
![Unexplained Investment in Property: ITAT Upholds Sources Proven by Assessee from Family Members [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Unexplained-Investment-in-Property-Unexplained-Investment-ITAT-ITAT-Upholds-Family-Members-Assessee-from-Family-Members-taxscan.jpg "Unexplained Investment in Property: ITAT Upholds Sources Proven by Assessee from Family Members [Read Order]")