![No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Revision-Order-Passed-On-Issue-Raised-By-PCIT-Outside-Scope-Limited-Scrutiny-Allows-Assessee-Appeal-ITAT-Income-Tax-TAXSCAN.jpg "No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]")
No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench held that no revision order could be passed on issues raised by the PCIT outside the scope of...
![ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-quashes-Revision-Order-Natural-Justice-Principle-Fixed-Assets-Revision-Order-ITAT-Income-Tax-Act-Income-Tax-TAXSCAN.jpg "ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]")
![Deduction on account of Bad Debts are allowable, if bad debt is Written Off as irrecoverable in books of accounts: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Deduction-account-Bad-Debts-Deduction-on-account-of-Bad-Debts-are-allowable-Written-Off-irrecoverable-taxscan.jpg "Deduction on account of Bad Debts are allowable, if bad debt is Written Off as irrecoverable in books of accounts: ITAT quashes Revision Order [Read Order]")
![Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Interest-Income-Cooperative-Bank-Investments-Cooperative-Bank-eligible-Deduction-ITAT-TAXSCAN.jpg "Interest Income earned by Cooperative Bank on Investments made with other Cooperative Bank is eligible for Deduction u/s 80P(2)(a)(i) Income Tax Act: ITAT deletes Revision Order [Read Order]")
No cash Paid for taking Reversal of Entry as Commission through Proper Banking Channel: ITAT quashes Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench held that no cash paid for taking reversal of entry as commission through proper banking channel by assessee. Hence, held that the revision order...
![No cash Paid for taking Reversal of Entry as Commission through Proper Banking Channel: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-cash-paid-taking-reversal-entry-commission-proper-banking-channel-ITAT-revision-order-TAXSCAN.jpg "No cash Paid for taking Reversal of Entry as Commission through Proper Banking Channel: ITAT quashes Revision Order [Read Order]")
![ITAT quashes Revision Order passed u/s 263 of Income Tax Act during Covid -19 Pandemic [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-quashes-Revision-Order-passed-of-Income-Tax-Act-Covid-19-Pandemic-TAXSCAN.jpg "ITAT quashes Revision Order passed u/s 263 of Income Tax Act during Covid -19 Pandemic [Read Order]")
Allowing Income Tax Claim without Examination amount to ‘Erroneous Assessment’: ITAT upholds Revisional Order [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), in a recent decision held that theallowing income tax claim without proper examination by the AO amounts to erroneous assessment and...
![Allowing Income Tax Claim without Examination amount to ‘Erroneous Assessment’: ITAT upholds Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Claim-Examination-Erroneous-Assessment-ITAT-TAXSCAN.jpg "Allowing Income Tax Claim without Examination amount to ‘Erroneous Assessment’: ITAT upholds Revisional Order [Read Order]")
Wrong Assumption of Facts or Incorrect Application of Law would make the order liable for Revision: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that the wrong assumption of facts or incorrect application of the law would make the order liable for revision under section 263 of Income Tax Act, 1961....
![Wrong Assumption of Facts or Incorrect Application of Law would make the order liable for Revision: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-3-4.jpg "Wrong Assumption of Facts or Incorrect Application of Law would make the order liable for Revision: ITAT [Read Order]")
![ITAT Annual Digest [Part 56]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-annual-digest-56-part-taxscan.jpg "ITAT Annual Digest [Part 56]")
![ITAT dismisses Appeal by Anil Kapoor ‘s Production Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Anil-Kapoor-ITAT-Taxscan.jpg "ITAT dismisses Appeal by Anil Kapoor ‘s Production Company [Read Order]")
![Revisionary Jurisdiction can’t be invoked against a Draft Assessment Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Revisionary-Jurisdiction-ITAT-Taxscan.jpg "Revisionary Jurisdiction can’t be invoked against a Draft Assessment Order: ITAT [Read Order]")