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![ITAT Weekly Round Up [August 10th - August 16th]](https://images.taxscan.in/h-upload/2025/08/16/500x300_2077449-itat-weekly-round-up-taxscan.webp "ITAT Weekly Round Up [August 10th - August 16th]")
ITAT Weekly Round Up [August 10th - August 16th]
This weekly round-up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan during the...
![Only Profit Element Taxable as Sales and Manufacturing Activity is Not Disputed: ITAT upholds Restriction of Disallowance to 12.5% on Bogus Purchases [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/250x150_2077434-bogus-purchases-itat-penalty-taxscan.webp "Only Profit Element Taxable as Sales and Manufacturing Activity is Not Disputed: ITAT upholds Restriction of Disallowance to 12.5% on Bogus Purchases [Read Order]")
![Calcutta HC Dismisses Writ Petition as Income Tax Dept Not Interested to pursue Demand u/s 143 [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/250x150_2077394-calcutta-high-court-income-tax-department-taxscan.webp "Calcutta HC Dismisses Writ Petition as Income Tax Dept Not Interested to pursue Demand u/s 143 [Read Order]")
![Income Tax Appeal cannot merely File due to exceeding Monetary limit: Chhattisgarh HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/250x150_2077343-income-tax-appeal-taxscan.webp "Income Tax Appeal cannot merely File due to exceeding Monetary limit: Chhattisgarh HC [Read Order]")
Denial of TDS Credit Due to Form 26AS Mismatch: ITAT Directs AO to Verify Taxpayer Receipt and Allow Full Credit [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Assessing Officer (AO) to verify the taxpayer receipt and allow full credit where the Tax Deducted at Source (TDS) credit...
![Denial of TDS Credit Due to Form 26AS Mismatch: ITAT Directs AO to Verify Taxpayer Receipt and Allow Full Credit [Read Order]](https://images.taxscan.in/h-upload/2025/08/15/500x300_2076927-tds-form-26as-mismatch-itat-taxscan.webp "Denial of TDS Credit Due to Form 26AS Mismatch: ITAT Directs AO to Verify Taxpayer Receipt and Allow Full Credit [Read Order]")
Audit u/s 44AB Not Required and Penalty u/s 271B Not Leviable When No Books of Account Maintained: ITAT [Read Order]
The Rajkot Bench of Income Tax Appellate Tribunal (ITAT) held that audit under section 44AB is not required and penalty under section 271B of the Income Tax Act,1961 is not leviable when no books of...
![Audit u/s 44AB Not Required and Penalty u/s 271B Not Leviable When No Books of Account Maintained: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/15/500x300_2076901-penalty-income-tax-act-imposed-for-mistake-by-accountant-itat-taxscan-1.webp "Audit u/s 44AB Not Required and Penalty u/s 271B Not Leviable When No Books of Account Maintained: ITAT [Read Order]")