![Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Disputed-purchases-Labour-Expenses-Alleqed-Boqus-Purchases-taxscan.jpg "Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]")
Verification Failures in Disputed Purchases and Labour Expenses: ITAT upholds 12.5% Addition on Alleged Bogus Purchases [Read Order]
In a recent ruling, the Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) upheld the 12.5% addition on alleged bogus purchases due to...
![Challenge on Reduction of Net Profit % by CIT(A): ITAT Remands Matter for Re verification of Books of Accounts & Other Documents [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Ranchi-Income-Tax-Income-Tax-News-Taxscan.jpg "Challenge on Reduction of Net Profit % by CIT(A): ITAT Remands Matter for Re verification of Books of Accounts & Other Documents [Read Order]")
![Rs.29.32 Lakh Unexplained Investment: ITAT Remands Matter Back to CIT(A) Due to Inadequate Reasoning [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Unexplained-Investment-Income-Tax-Appellate-Tribunal-Inadequate-Reasoning-CITA-taxscan.jpg "Rs.29.32 Lakh Unexplained Investment: ITAT Remands Matter Back to CIT(A) Due to Inadequate Reasoning [Read Order]")
![Lack of Prejudice to Revenue and Non-compliance by Assessee, ITAT Remands Case for De Novo Assessment u/s 144 & 147 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Ahmedabad-SECTION-144-SECTION-147-ITAT-Remands-De-Novo-Assessment-Lack-of-Prejudice-Lack-of-Prejudice-to-Revenue-taxscan.jpg "Lack of Prejudice to Revenue and Non-compliance by Assessee, ITAT Remands Case for De Novo Assessment u/s 144 & 147 [Read Order]")
![ITAT Allows Rs.2.44 Lakh Cost of Improvement as Deductible Expense for Capital Gains Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Ahmedabad-Capital-Gains-Deduction-Capital-Gains-Deductible-Expense-Deductible-Expense-for-Capital-Gains-Deduction-taxscan.jpg "ITAT Allows Rs.2.44 Lakh Cost of Improvement as Deductible Expense for Capital Gains Deduction [Read Order]")
ITAT Remands Case to AO for Re-Examination Due to Assessee’s Pregnancy-Related Delay in Document Submission [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal(ITAT) remanded the case to the Assessing Officer (AO) for re-examination due to the assessee’s pregnancy-related delay in submitting important...
![ITAT Remands Case to AO for Re-Examination Due to Assessee’s Pregnancy-Related Delay in Document Submission [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/itat-kolkata-Document-Submission-Delay-Re-Examination-Case-Remand-taxscan.jpg "ITAT Remands Case to AO for Re-Examination Due to Assessee’s Pregnancy-Related Delay in Document Submission [Read Order]")
Non Compliance with Income Tax Notices due to Administrative Issues: ITAT cancels Ex-Parte Order [Read Order]
In a recent case before Income Tax Appellate Tribunal ( ITAT ), Bangalore an appeal filed by the assessee was allowed granting a final opportunity to the appellant to represent its case before the...
![Non Compliance with Income Tax Notices due to Administrative Issues: ITAT cancels Ex-Parte Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-Appellate-Tribunal-ITAT-Bangalore-Income-Tax-Notices-Non-Compliance-with-Income-Tax-Notices-taxscan.jpg "Non Compliance with Income Tax Notices due to Administrative Issues: ITAT cancels Ex-Parte Order [Read Order]")
ITAT Remands Matter to Assessing Officer for Re-examination of Income Tax Order Due to Procedural Lapses [Read Order]
In a recent case before the Income Tax Appellate Tribunal ( ITAT ) Ahmedabad Bench, remanded a matter to the Assessing Officer for re-examination, directing the officer to pass an order de novo after...
![ITAT Remands Matter to Assessing Officer for Re-examination of Income Tax Order Due to Procedural Lapses [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Ahmedabad-Assessing-Officer-for-Re-examination-of-Income-Tax-Order-Income-Tax-Order-taxscan.jpg "ITAT Remands Matter to Assessing Officer for Re-examination of Income Tax Order Due to Procedural Lapses [Read Order]")
No Reply to CIT(A) Notices due to Ongoing Litigation with SBI: ITAT Remits Income Tax Appeal for Reconsideration [Read Order]
In a recent case before Income Tax Appellate Tribunal ( ITAT ), Bangalore the ex-parte order passed by Commissioner of Income Tax (Appeals) (CIT(A) ) due to lack of response to the notices of CIT(A)...
![No Reply to CIT(A) Notices due to Ongoing Litigation with SBI: ITAT Remits Income Tax Appeal for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Bangalore-ITAT-Remits-Income-Tax-Appeal-for-Reconsideration-Income-Tax-Appeal-for-Reconsideration-CITA-Notices-taxscan.jpg "No Reply to CIT(A) Notices due to Ongoing Litigation with SBI: ITAT Remits Income Tax Appeal for Reconsideration [Read Order]")
ITAT dismisses Appeal as Withdrawn, Pending Outcome of Vivad Se Vishwas Scheme Application [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) dismisses the appeal filed by assessee, as withdrawn, pending the outcome of the Direct Tax Vivad Se Vishwas Scheme, 2024 application. ...
![ITAT dismisses Appeal as Withdrawn, Pending Outcome of Vivad Se Vishwas Scheme Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Bangalore-ITAT-Dismisses-Appeal-ITAT-Dismisses-Appeal-as-Withdrawn-ITAT-Dismisses-Pending-Outcome-Vivad-Se-Vishwas-Scheme-taxscan.jpg "ITAT dismisses Appeal as Withdrawn, Pending Outcome of Vivad Se Vishwas Scheme Application [Read Order]")
Explanation Inserted to S. 14A of Income Tax Act vide Finance Act, 2022 Applicable Prospectively: Gauhati HC [Read Order]
The Gauhati High Court, in a recent case has held that the explanation inserted to Section 14A of the Income Tax Act, 1961 vide Finance Act, 2022 is applicable prospectively. Further held...
![Explanation Inserted to S. 14A of Income Tax Act vide Finance Act, 2022 Applicable Prospectively: Gauhati HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Gauhati-HC-Gauhati-High-Court-Finance-Act-Section-14A-of-the-Income-Tax-Act-Explanation-inserted-2022-Applicable-Prospectively-High-Court-News-taxscan.jpg "Explanation Inserted to S. 14A of Income Tax Act vide Finance Act, 2022 Applicable Prospectively: Gauhati HC [Read Order]")
ITAT Imposes ₹1000 Fine for Non-Appearance during Assessment Proceedings, Payable to PM Relief Fund [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has imposed a ₹1000 fine for non-appearance during assessment proceedings before both the Assessing Officer and the Commissioner of...
![ITAT Imposes ₹1000 Fine for Non-Appearance during Assessment Proceedings, Payable to PM Relief Fund [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Bangalore-ITAT-Income-Tax-Appellate-Tribunal-CITA-Assessing-Officer-PM-Relief-Fund-Fine-for-Non-Appearance-Prime-Ministers-Relief-Fund-taxscan.jpg "ITAT Imposes ₹1000 Fine for Non-Appearance during Assessment Proceedings, Payable to PM Relief Fund [Read Order]")