Advika Dwivedi
![Taxing Corresponding Interest Income on Asset Transfer to SPVs on Assessee amounts to Double Taxation: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/04/500x300_2083937-double-taxation-taxscan.webp "Taxing Corresponding Interest Income on Asset Transfer to SPVs on Assessee amounts to Double Taxation: ITAT [Read Order]")
Taxing Corresponding Interest Income on Asset Transfer to SPVs on Assessee amounts to Double Taxation: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chennai Bench has deleted additions made under Section 69A of the Income Tax Act, 1961 on demonetization...
![Notice by Non-Jurisdictional AO Invalid: ITAT Renders Addition u/s 69A Void Ab Initio [Read Order]](https://images.taxscan.in/h-upload/2025/09/03/250x150_2083798-non-jurisdictional-ao-invalid-itat-itat-renders-taxscan.webp "Notice by Non-Jurisdictional AO Invalid: ITAT Renders Addition u/s 69A Void Ab Initio [Read Order]")
![Simultaneous Deductions u/s 80IB and S. 80HHC can be Deducted from Net Profit: ITAT follows Supreme Court decision, Allows Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/09/02/250x150_2083448-simultaneous-deductions-itat-supreme-court-appeal-taxscan.webp "Simultaneous Deductions u/s 80IB and S. 80HHC can be Deducted from Net Profit: ITAT follows Supreme Court decision, Allows Appeal [Read Order]")
![Rejection of Books u/s 145 Does Not Retrospectively Waive Mandatory Obligation to Furnish Audit Report u/s 44AB: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/02/250x150_2083371-itat-hyderabad-tax-audit-report-filing-section-145-rejection-section-44ab-audit.webp "Rejection of Books u/s 145 Does Not Retrospectively Waive Mandatory Obligation to Furnish Audit Report u/s 44AB: ITAT [Read Order]")
![Chartered Accountant’s Error in Form 3CB confirms Addition of IGST Claim of ₹37.92 Lakh: ITAT remands Matter [Read Order]](https://images.taxscan.in/h-upload/2025/09/02/250x150_2083366-3cb.webp "Chartered Accountant’s Error in Form 3CB confirms Addition of IGST Claim of ₹37.92 Lakh: ITAT remands Matter [Read Order]")
AO Fails to Carry Out Adequate Verification with GST dept: ITAT Remands Alleged Bogus Purchase Addition of ₹10.51 Crore [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad remanded the matter of alleged Rs. 10.51 crore addition back to the Assessing Officer (AO) as it failed to verify the carry out the independent...
![AO Fails to Carry Out Adequate Verification with GST dept: ITAT Remands Alleged Bogus Purchase Addition of ₹10.51 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/09/02/500x300_2083383-gst-itat-alleged-bogus-taxscan.webp "AO Fails to Carry Out Adequate Verification with GST dept: ITAT Remands Alleged Bogus Purchase Addition of ₹10.51 Crore [Read Order]")
Addition u/s 43CA r.w.s. 56(2) on Flat Sale Requires Merits-Based Review: ITAT sets aside Non-Prosecution Dismissal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai examined the validity of additions made under Section 43CA read with Section 56(2)(vii)(b) of the Income Tax Act, 1961, relating to flat sales below...
![Addition u/s 43CA r.w.s. 56(2) on Flat Sale Requires Merits-Based Review: ITAT sets aside Non-Prosecution Dismissal [Read Order]](https://images.taxscan.in/h-upload/2025/09/01/500x300_2083096-flat-sale-taxscan.webp "Addition u/s 43CA r.w.s. 56(2) on Flat Sale Requires Merits-Based Review: ITAT sets aside Non-Prosecution Dismissal [Read Order]")
Rectification to Correct Income Mistakenly Offered Twice Cannot Be Denied: ITAT Restricts Addition to Prevent Double Taxation [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jodhpur, has held that rectification under Section 154 of the Income Tax Act, 1961, is permissible where an inadvertent mistake in return filing results in...
![Rectification to Correct Income Mistakenly Offered Twice Cannot Be Denied: ITAT Restricts Addition to Prevent Double Taxation [Read Order]](https://images.taxscan.in/h-upload/2025/09/01/500x300_2083067-double-taxation-taxscan.webp "Rectification to Correct Income Mistakenly Offered Twice Cannot Be Denied: ITAT Restricts Addition to Prevent Double Taxation [Read Order]")
Bank Passbook Evidence Validates Loan Transaction: ITAT deletes Addition u/s 68, Remands Interest Disallowance Issue [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, ruled to delete an addition under Section 68 of the Income Tax Act, 1961, concerning unsecured loans. While granting this relief, the Tribunal...
![Bank Passbook Evidence Validates Loan Transaction: ITAT deletes Addition u/s 68, Remands Interest Disallowance Issue [Read Order]](https://images.taxscan.in/h-upload/2025/09/01/500x300_2082914-loan-itat-income-tax-taxscan.webp "Bank Passbook Evidence Validates Loan Transaction: ITAT deletes Addition u/s 68, Remands Interest Disallowance Issue [Read Order]")
Digital Inspection Power Expanded for Benami Transactions: The Newly Passed Income Tax Bill, 2025 Strengthens E-Governance
A New Era of Financial Transparency When Rajesh Kumar, a mid-level government employee earning ₹50,000 monthly, was found to own properties worth ₹15 crores across Mumbai and Pune, traditional ...
