![AOs Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105366-income-tax-addition-taxscan.webp "AOs Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]")
AO's Failure to issue SCN and Grant Cross-Examination Opportunity Necessitates Deletion of Unaccounted Interest Income Addition: ITAT [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of ₹20,34,000 made on account of undisclosed interest income for...
![Lower Margin on High-Value Items Traded Out of Books: ITAT Reduces 10% to 6% GP Rate on Unaccounted Sales [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/250x150_2105360-gross-profit-rate-taxscan.webp "Lower Margin on High-Value Items Traded Out of Books: ITAT Reduces 10% to 6% GP Rate on Unaccounted Sales [Read Order]")
![Demurrage and Despatch Money Related to Vessel Detention, Not Freight: CESTAT Favours Vedanta [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105201-cestat-chennai-vedanta-demurrage-and-despatch-taxscan.webp "Demurrage and Despatch Money Related to Vessel Detention, Not Freight: CESTAT Favours Vedanta [Read Order]")
Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the appeal, holding that the delay in filing her appeal was due to sufficient cause, namely her husband’s serious illness...
![Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104812-respond-to-scn-scn-itat-ex-parte-order-condones-delay-taxscan.webp "Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]")
Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition after finding that the Assessing Officer (AO) did not examine the evidence placed on record and had relied only...
![Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105245-landowner-agricultural-income-mango-sales-triggers-scrutiny-itat-taxscan.webp "Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]")
ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Canon India Pvt. Ltd. is entitled to full foreign tax credit for taxes paid in Japan, even though its tax liability in India...
![ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105215-itat-canon-india-foreign-tax-credit-japan-despite-nil-indian-tax-liability-taxscan.webp "ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]")
S.74 of GST Cannot Be Invoked when No Fraud Alleged: Madras HC Clarifies application of S. 74 [Read Order]
The Madurai Bench of the Madras High Court has clarified that Section 74 of the GST ( Goods and Services Tax ) Act cannot be invoked unless the tax authorities specifically allege and establish...
![S.74 of GST Cannot Be Invoked when No Fraud Alleged: Madras HC Clarifies application of S. 74 [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105181-gst-cannot-fraud-alleged-madras-hc-taxscan.webp "S.74 of GST Cannot Be Invoked when No Fraud Alleged: Madras HC Clarifies application of S. 74 [Read Order]")
Seized Excel Sheet Not Prepared by Taxpayer, Not Credible: ITAT Deletes ₹35 Lakh Unexplained Investment Addition [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) deleted ₹35 Lakh addition under section 69A/69B for alleged unaccounted land investment for the assessment year (A.Y) 2016-17, holding that...
![Seized Excel Sheet Not Prepared by Taxpayer, Not Credible: ITAT Deletes ₹35 Lakh Unexplained Investment Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105196-whatsapp-image-2025-11-14-at-15517-pm.webp "Seized Excel Sheet Not Prepared by Taxpayer, Not Credible: ITAT Deletes ₹35 Lakh Unexplained Investment Addition [Read Order]")
![Delay of 215 Days in Filing Board Resolution in Form MGT-14: MCA Imposes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105145-mca-penalty-taxscan.webp "Delay of 215 Days in Filing Board Resolution in Form MGT-14: MCA Imposes Penalty [Read Order]")