![Issuing Notices u/s 153C of Income Tax Act shall be from Six AYs immediately Preceding A.Y: ITAT dismiss Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Issuing-Notices-Income-Tax-Act-shall-be-from-Six-AYs-immediately-Preceding-ITAT-dismiss-appeal-TAXSCAN.jpg "Issuing Notices u/s 153C of Income Tax Act shall be from Six AYs immediately Preceding A.Y: ITAT dismiss Appeal [Read Order]")
Issuing Notices u/s 153C of Income Tax Act shall be from Six AYs immediately Preceding A.Y: ITAT dismiss Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench while dismissing the appeal filed by the revenue held that issuing notices under Section 153C of...
![Commission Earned from Provision of Accommodation Entry shall be Added to Total Income of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Commission-Earned-from-Provision-of-Accommodation-Entry-Commission-Earned-Commission-Provision-of-Accommodation-Entry-shall-be-Added-to-Total-Income-of-Assessee-Income-Assessee-ITAT-Taxscan.jpg "Commission Earned from Provision of Accommodation Entry shall be Added to Total Income of Assessee: ITAT [Read Order]")
![Incriminating Books of Account is Not Necessary to Initiate Search Proceeding u/s 153C of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Incriminating-Books-of-account-Initiate-Search-Proceeding-Income-Tax-Act-ITAT-taxscan.jpg "Incriminating Books of Account is Not Necessary to Initiate Search Proceeding u/s 153C of Income Tax Act: ITAT [Read Order]")
![Income Portion of On-Money Assessable in the Year in Which Sale of Flat is Declared: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Portion-of-On-Money-Income-Portion-of-On-Money-Sale-of-Flat-Sale-of-Flat-is-Declared-ITAT-Income-Tax-taxscan.jpg "Income Portion of On-Money Assessable in the Year in Which Sale of Flat is Declared: ITAT [Read Order]")
![Penalty u/s 271AAB shall not be levied if search u/s 153A not conducted in Premises of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Penalty-shall-not-be-levied-not-conducted-in-Premises-of-Assessee-ITAT-TAXSCAN.jpg "Penalty u/s 271AAB shall not be levied if search u/s 153A not conducted in Premises of Assessee: ITAT [Read Order]")
Lack of Jurisdiction u/s 153C owing to Absence of Incriminating Materials: ITAT dismisses Revenue's Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, dismissed the revenue’s appeal, on finding that there is lack of jurisdiction under Section 153C of...
![Lack of Jurisdiction u/s 153C owing to Absence of Incriminating Materials: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Lack-of-Jurisdiction-Absence-of-Incriminating-Materials-ITAT-dismisses-Revenues-Appeal-TAXSCAN.jpg "Lack of Jurisdiction u/s 153C owing to Absence of Incriminating Materials: ITAT dismisses Revenues Appeal [Read Order]")
Lack of Jurisdiction u/s 153C owing to Absence of Incriminating Materials: ITAT dismisses Revenue's Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, dismissed the revenue’s appeal, on finding that there is lack of jurisdiction under Section 153C of...
![Lack of Jurisdiction u/s 153C owing to Absence of Incriminating Materials: ITAT dismisses Revenues Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Lack-of-Jurisdiction-Absence-of-Incriminating-Materials-Jurisdiction-Incriminating-Materials-ITAT-Revenues-Appeal-taxscan.jpg "Lack of Jurisdiction u/s 153C owing to Absence of Incriminating Materials: ITAT dismisses Revenues Appeal [Read Order]")
Addition not Sustainable u/s 153C without Incriminating Material found during Search and Seizure: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the addition cannot be made under Section 153C of the Income Tax Act 1961 without finding any incriminating material during the...
![Addition not Sustainable u/s 153C without Incriminating Material found during Search and Seizure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Addition-Incriminating-Material-found-during-Search-and-Seizure-Incriminating-Material-Search-and-Seizure-ITAT-taxscan.jpg "Addition not Sustainable u/s 153C without Incriminating Material found during Search and Seizure: ITAT [Read Order]")
Assesse cannot Claim Cost of Improvement and Indexation Cost unless provides Evidence to Prove Construction: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has recently held that assessees could not claim cost of improvement and indexation cost unless they provide evidence to prove...
![Assesse cannot Claim Cost of Improvement and Indexation Cost unless provides Evidence to Prove Construction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Assesse-Improvement-Indexation-Cost-Evidence-Prove-Construction-Construction-ITAT-Income-Tax-taxscan.jpg "Assesse cannot Claim Cost of Improvement and Indexation Cost unless provides Evidence to Prove Construction: ITAT [Read Order]")
Amendment to S. 153C is Prospective: Material found from Premises of Searched Person should belong to Such Person to Initiate Proceedings, Rules ITAT
The Ahmadabad bench of Income Tax Appellate Tribunal (ITAT) has recently held that amendment in section 153c Income Tax Act 1961 was prospective and the material found from premises of searched...
![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]")