![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]")
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...
![Misclassification of Real Estate Income as LTCG u/s 50C: ITAT Remands ₹21.24 Lakh Addition for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105167-real-estate-income-itat-.webp "Misclassification of Real Estate Income as LTCG u/s 50C: ITAT Remands ₹21.24 Lakh Addition for Fresh Adjudication [Read Order]")
![Concurrent Jurisdiction of JAO and FAO to initiate Re-assessment proceedings under Income-Tax Act: Supreme Court issues notice [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105128-supreme-court-income-tax-act-re-assessment-proceedings-concurrent-jurisdiction-of-jao-taxscan.webp "Concurrent Jurisdiction of JAO and FAO to initiate Re-assessment proceedings under Income-Tax Act: Supreme Court issues notice [Read Judgement]")
![Challenge on provision u/s 10(46) of the Income Tax Act: SC to Hear CBDTs appeal Against TPCB [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105038-tpcb-sc-challenge-taxscan.webp "Challenge on provision u/s 10(46) of the Income Tax Act: SC to Hear CBDTs appeal Against TPCB [Read Order]")
Disallowance of Weighted R&D Deduction u/s 35(2AB): ITAT Holds Non-Filing of Form 3CL Not Fatal [Read Order]
The Indore Bench of the Income Tax Appellate Tribunal (ITAT) held that non-filing of Form 3CL cannot be a ground to deny deduction under Section 35(2AB) when the assessee’s research activity is...
![Disallowance of Weighted R&D Deduction u/s 35(2AB): ITAT Holds Non-Filing of Form 3CL Not Fatal [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104803-disallowance-form-3cl-disallowance-of-weighted-rd-deduction-taxscan.webp "Disallowance of Weighted R&D Deduction u/s 35(2AB): ITAT Holds Non-Filing of Form 3CL Not Fatal [Read Order]")
![ITAT Limits Non-TDS Interest Disallowance to 30% as per Finance Act 2014 Amendment [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104800-itat-tds-non-tds-interest-disallowance-finance-act-2014-taxscan.webp "ITAT Limits Non-TDS Interest Disallowance to 30% as per Finance Act 2014 Amendment [Read Order]")
Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai has dismissed both the revenue and assessee appeals, upholding the CIT(A)’s approval of exemptions claimed under Sections 54F and 54EC of the Income...
![Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104645-sole-beneficiary-assessee-ignored-itat-full-ltcg-ltcg-exemptions-and-full-ltcg-taxscan.webp "Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]")
Eligibility of Trust allegedly for Working Particular Community Welfare to Claim Income Tax Exemption: Supreme Court sets for Final Hearing [Read Judgement]
The Supreme Court has agreed to hear the Revenue’s challenge, where the central allegation of the revenue was that the Evangelical fellowship is a trust working for the welfare of a particular...
![Eligibility of Trust allegedly for Working Particular Community Welfare to Claim Income Tax Exemption: Supreme Court sets for Final Hearing [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104845-incometax-exemption-taxscan-2.webp "Eligibility of Trust allegedly for Working Particular Community Welfare to Claim Income Tax Exemption: Supreme Court sets for Final Hearing [Read Judgement]")
![Estimated Interest on Interest-Free Advances Cannot Be Taxed Without Verification: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104807-estimated-interest-interest-free-advances-verification-itat-taxscan.webp "Estimated Interest on Interest-Free Advances Cannot Be Taxed Without Verification: ITAT [Read Order]")
Gold Jewellery Belongs to Wife and Mother and within Permissible Limits Set by CBDT: ITAT Deletes Addition [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) deleted additions of Unexplained Gold jewellery belonging to the Assessee’s wife and mother, where the quantity was within the prescribed...
![Gold Jewellery Belongs to Wife and Mother and within Permissible Limits Set by CBDT: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104755-gold-jewellery-taxscan.webp "Gold Jewellery Belongs to Wife and Mother and within Permissible Limits Set by CBDT: ITAT Deletes Addition [Read Order]")
Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has ruled that testing equipment received free of cost by AMD India Pvt. Ltd. from its Associated Enterprises (AEs) does not constitute a...
![Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104743-incometax-addition-taxscan1.webp "Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]")