income tax appellate tribunal Archives

Unexplained Source of Investment on 4Kg Gold: ITAT Directs to Consider R. 46 Evidence Citing Improper Rejection [Read Order]

ITAT Orders Re-evaluation of Evidence in 4 Kg Gold Investment Case Income Tax Appellate Tribunal Orders Review in Gold Investment Case The Income Tax Appellate

Addition of ₹99.2L Cash Deposit due to non compliance of Notice to prove source of cash: ITAT Allows One Final Opportunity to Assessee [Read Order]

ITAT Grants Final Opportunity in ₹99.2 Lakh Cash Deposit Case ITAT Grants Final Opportunity in ₹99.2 Lakh Cash Deposit Case In a recent ruling, the

Surplus and Fee Receipts Not a Ground to Deny 80G Approval: ITAT Overturns CIT(E) Denial [Read Order]

Tax Tribunal Relief: Surplus Funds No Bar to 80G Approval for Charitable Trusts Major Relief for Charitable Trusts: ITAT Upholds 80G Approval Despite Surplus In

CIT(A) cannot Reject Additional evidence u/r 46 A of Income Tax Rules against unexplained Investment Merely because of non-furnishing before AO: ITAT [Read Order]

ITAT Rules: Additional Evidence Admissible Even If Not Initially Presented to Assessing Officer ITAT: CIT(A) Cannot Reject Additional Evidence Solely for Non-Disclosure to Assessing Officer

80IB(10) Deduction Denial for Housing Project: ITAT Restores ₹1.73 Cr Claim to AO Relying on SC Precedent on Architect’s Completion Certificate [Read Order]

ITAT Upholds ₹1.73 Cr Deduction Claim for Housing Project, Citing Architect Certificate Housing Project Deduction Claim Revived: ITAT Orders Reassessment of ₹1.73 Crore In a

AO cannot Make Addition on Bogus Purchases without Rejecting Books or Reported Sales : ITAT says such Addition Legally Unsustainable [Read Order]

Income Tax Tribunal: Assessing Officer Can’t Add Bogus Purchases Without Rejecting Books Income Tax Tribunal: No Addition for ‘Bogus’ Purchases Unless Books Rejected In a

Unexplained Cash Deposit During Demonetisation Led to Addition in Income: ITAT Restores Matter to AO [Read Order]

Demonetisation Deposit Lands Taxpayer in Hot Water: ITAT Reopens Case Demonetisation-Era Deposit Under Scrutiny: ITAT Orders Fresh Assessment A cash deposit made during the demonetisation

Disallowance of Business Expenses Made Without Proper Justification: ITAT Restricts It to 10% of Expenses Claimed [Read Order]

ITAT Caps Disallowance of Unjustified Business Expenses at 10% ITAT Caps Disallowance of Unjustified Business Expenses at 10% In a significant ruling impacting businesses across

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Tag: income tax appellate tribunal

Unexplained Source of Investment on 4Kg Gold: ITAT Directs to Consider R. 46 Evidence Citing Improper Rejection [Read Order]

Addition of ₹99.2L Cash Deposit due to non compliance of Notice to prove source of cash: ITAT Allows One Final Opportunity to Assessee [Read Order]

Surplus and Fee Receipts Not a Ground to Deny 80G Approval: ITAT Overturns CIT(E) Denial [Read Order]

CIT(A) cannot Reject Additional evidence u/r 46 A of Income Tax Rules against unexplained Investment Merely because of non-furnishing before AO: ITAT [Read Order]

80IB(10) Deduction Denial for Housing Project: ITAT Restores ₹1.73 Cr Claim to AO Relying on SC Precedent on Architect’s Completion Certificate [Read Order]

AO cannot Make Addition on Bogus Purchases without Rejecting Books or Reported Sales : ITAT says such Addition Legally Unsustainable [Read Order]

Unexplained Cash Deposit During Demonetisation Led to Addition in Income: ITAT Restores Matter to AO [Read Order]

Disallowance of Business Expenses Made Without Proper Justification: ITAT Restricts It to 10% of Expenses Claimed [Read Order]