![Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Checking-Cross-checking-Reconciliation-Reasonable-Cause-ITR-Penalty-ITAT-TAXSCAN.jpg "Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]")
Checking, Cross-checking and Reconciliation of Data was A Very Lengthy Process and a Valid “Reasonable Cause” for Non-filing of ITR, No Penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Rajkot Bench, has recently, in an appeal filed before it, held that there is no penalty as checking,...
![ITAT Quashes S. 153C Assessments based on Invalid Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/ITAT-Assessments-Notices-Invalid-Notices-Income-Tax-Act-Income-Tax-Tax-Taxscan-.jpg "ITAT Quashes S. 153C Assessments based on Invalid Notices [Read Order]")
![Income Tax Assessment u/s 153A without incriminating material found in search: Supreme Court commences hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Assessment-Income-Tax-incriminating-material-Supreme-Court-Supreme-Court-commences-hearing-Income-tax-Taxscan.jpg "Income Tax Assessment u/s 153A without incriminating material found in search: Supreme Court commences hearing [Read Order]")
![Relief to Jindal India: ITAT treats Incentives under West Bengal Incentives Scheme as Capital Receipts, not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Jindal-India-ITAT-Incentives-West-Bengal-Incentives-Scheme-Capital-Receipts-Taxable-ITAT-treats-Incentives-Taxscan.jpg "Relief to Jindal India: ITAT treats Incentives under West Bengal Incentives Scheme as Capital Receipts, not Taxable [Read Order]")
![Addition of Unexplained Investment of Land is permissible in the absence of explanation by Cash Flow Statement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Unexplained-Investment-of-Land-Cash-Flow-Statement-ITAT-taxscan.jpg "Addition of Unexplained Investment of Land is permissible in the absence of explanation by Cash Flow Statement: ITAT [Read Order]")
No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai deleted addition as no incriminating material found in respect of on-money receipt. A search under section 132 of the Income Tax Act, 1961 was...
![No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Documentary-Evidence-On-Money-Receipt-ITAT-Income-Tax-Addition-taxscan.jpeg "No Documentary Evidence found in respect of On-Money Receipt: ITAT deletes Income Tax Addition [Read Order]")
![Stay order made u/S 220 (6) of the Income Tax Act must be a Speaking Order: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Order-Income-Tax-speaking-order-Madras-HC-taxscan.jpg "Stay order made u/S 220 (6) of the Income Tax Act must be a Speaking Order: Madras HC [Read Order]")
No Additions can be made u/s 153A in the absence of Incriminating Materials unearthed during Search if the Assessment is Non-Abated: Delhi HC [Read Order]
A Division Bench of the High Court of Delhi comprising Justice Manmohan and Justice Manmeet Pritam Singh Arora recently dismissed an appeal by the Income Tax Department, upholding the order of the...
![No Additions can be made u/s 153A in the absence of Incriminating Materials unearthed during Search if the Assessment is Non-Abated: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Incriminating-Materials-Delhi-HC-TAXSACN.jpg "No Additions can be made u/s 153A in the absence of Incriminating Materials unearthed during Search if the Assessment is Non-Abated: Delhi HC [Read Order]")
No Incriminating Material Unearthed during Search: ITAT confirms Deletion of Addition made u/s 153A [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that no incriminating material was unearthed during search and confirms deletion of addition made u/s 153A. The assessee, Padmshree...
![No Incriminating Material Unearthed during Search: ITAT confirms Deletion of Addition made u/s 153A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/No-Incriminating-material-ITAT-taxscan.jpeg "No Incriminating Material Unearthed during Search: ITAT confirms Deletion of Addition made u/s 153A [Read Order]")
Passing Assessment Order by not following Order of ITAT is patently illegal and against Judicial propriety: ITAT [Read Order]
Passing an assessment order by not following order of ITAT is patently illegal and against judicial propriety, as ruled by the Income Tax Appellate Tribunal (ITAT), Indore Bench. The appellant was...
![Passing Assessment Order by not following Order of ITAT is patently illegal and against Judicial propriety: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/assessment-order-order-of-ITAT-judicial-propriety-ITAT-taxscan.jpg "Passing Assessment Order by not following Order of ITAT is patently illegal and against Judicial propriety: ITAT [Read Order]")
No Income Tax Addition U/S 153A and 153C If No Incriminating Material is found during course of Search: Delhi HC [Read Order]
The division bench of the Delhi High Court has held that no addition under sections 153A and 153C if no incriminating material is found during the course of the search. Based on the search...
![No Income Tax Addition U/S 153A and 153C If No Incriminating Material is found during course of Search: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/section-153A-section-153C-incriminating-material-Delhi-High-Court-Taxscan.jpg "No Income Tax Addition U/S 153A and 153C If No Incriminating Material is found during course of Search: Delhi HC [Read Order]")
Penalty can be imposed only if Income concealed or furnish inaccurate particulars of Income: Delhi High Court [Read Order]
The Delhi High Court held that the penalty can be imposed only if income concealed or furnish inaccurate particulars of Income. The assessee, Taneja Developers, and Infrastructure Ltd. made a...
![Penalty can be imposed only if Income concealed or furnish inaccurate particulars of Income: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Penalty-income-concealed-inaccurate-particulars-of-Income-Delhi-HC-Taxscan.jpg "Penalty can be imposed only if Income concealed or furnish inaccurate particulars of Income: Delhi High Court [Read Order]")