Advika Dwivedi
![Rule 46A Error Warrants Re-Verification in Penny Stock Transactions Case: ITAT Puts Commission-Agent Defence Under Scanner [Read Order]](https://images.taxscan.in/h-upload/2025/11/10/500x300_2103708-penny-stock-transactions-taxscan.webp "Rule 46A Error Warrants Re-Verification in Penny Stock Transactions Case: ITAT Puts Commission-Agent Defence Under Scanner [Read Order]")
Rule 46A Error Warrants Re-Verification in Penny Stock Transactions Case: ITAT Puts Commission-Agent Defence Under Scanner [Read Order]
The Income Tax Appellate Tribunal, Mumbai (ITAT) ruled that the deletion of the addition relating to alleged unexplained investment arising from...
![Wrongful Assessment on Non-Existent Entity Invalid: ITAT Drops Section 69A Additions [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2103102-wrongful-assessment-taxscan.webp "Wrongful Assessment on Non-Existent Entity Invalid: ITAT Drops Section 69A Additions [Read Order]")
![Gujarat HC Prevents Levy of VAT on Hospital Supplies as Unsustainable by Constitutional Limits [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2103090-gujarat-hc-prevents-levy-vat-on-hospital-supplies-constitutional-limits-taxscan.webp "Gujarat HC Prevents Levy of VAT on Hospital Supplies as Unsustainable by Constitutional Limits [Read Order]")
![Hospitals’ Supply of Medicines and Implants to Indoor Patients Not a Taxable Sale: Gujarat HC Holds Charitable Hospitals Outside VAT Levy [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2103077-hospitals-supply-medicines-implants-indoor-patients-taxable-sale-gujarat-hc-charitable-hospitals-taxscan.webp "Hospitals’ Supply of Medicines and Implants to Indoor Patients Not a Taxable Sale: Gujarat HC Holds Charitable Hospitals Outside VAT Levy [Read Order]")
ITAT Partly Deletes Addition of ₹10 Lakh on Cash Deposits from Agricultural Income u/s 69A [Read Order]
The bench of the Income Tax Appellate Tribunal (ITAT), Chandigarh has deleted ₹10,00,000 out of the total addition made under Section 69A of the Income Tax Act, 1961 thereby partly allowing the...
![ITAT Partly Deletes Addition of ₹10 Lakh on Cash Deposits from Agricultural Income u/s 69A [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2102954-agricultural-income-taxscan.webp "ITAT Partly Deletes Addition of ₹10 Lakh on Cash Deposits from Agricultural Income u/s 69A [Read Order]")
Partial Relief Granted on Cash Deposits During Demonetisation: ITAT Restricts Addition to ₹6,000 under Income Tax [Read Order]
The bench of the Income Tax Appellate Tribunal (ITAT), Amritsar granted partial relief to the assessee by restricting the addition of cash deposits during the demonetisation period to ₹6,000,...
![Partial Relief Granted on Cash Deposits During Demonetisation: ITAT Restricts Addition to ₹6,000 under Income Tax [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2102940-cash-deposit-demonetization-taxscan.webp "Partial Relief Granted on Cash Deposits During Demonetisation: ITAT Restricts Addition to ₹6,000 under Income Tax [Read Order]")
Conduit Companies Cannot be Taxed without Proof of Income: Delhi HC Deletes Commission Income Additions on Alleged Accommodation Entry [Read Order]
The Delhi High Court ruled that entities functioning merely as conduit companies in accommodation entry arrangements cannot be subjected to tax on presumed commission income without proof of...
![Conduit Companies Cannot be Taxed without Proof of Income: Delhi HC Deletes Commission Income Additions on Alleged Accommodation Entry [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102343-conduit-companies-taxed-proof-of-income-taxscan.webp "Conduit Companies Cannot be Taxed without Proof of Income: Delhi HC Deletes Commission Income Additions on Alleged Accommodation Entry [Read Order]")
No Error Apparent on Record: AAR Rejects Rectification Request over GST Rate on Body-Building Activity [Read Order]
The Authority for Advance Ruling, Tamil Nadu, has ruled that no error apparent on the face of record exists in its earlier decision classifying bus body-building activity as a supply of services...
![No Error Apparent on Record: AAR Rejects Rectification Request over GST Rate on Body-Building Activity [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102513-aar-rectification-request-gst-rate-body-building-activity-taxscan.webp "No Error Apparent on Record: AAR Rejects Rectification Request over GST Rate on Body-Building Activity [Read Order]")
Funds Declared in Settlement Proceedings Cannot Be Treated as Unexplained Loans: Delhi HC rejects Revenue Appeal in Income Tax Case [Read Order]
The Delhi High Court has held that funds disclosed and taxed in proceedings before the Income Tax Settlement Commission cannot subsequently be treated as unexplained loans under Section 68 of the...
![Funds Declared in Settlement Proceedings Cannot Be Treated as Unexplained Loans: Delhi HC rejects Revenue Appeal in Income Tax Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102300-funds-declared-settlement-proceedings-unexplained-loans-delhi-hc-revenue-appeal-income-tax-case-taxscan.webp "Funds Declared in Settlement Proceedings Cannot Be Treated as Unexplained Loans: Delhi HC rejects Revenue Appeal in Income Tax Case [Read Order]")
![Calcutta HC finds Penny-Stock Trading Loss as Bogus, sets aside ITAT disallowance Order [Read Order]](https://images.taxscan.in/h-upload/2025/11/03/500x300_2101779-disallowance-order-taxscan.webp "Calcutta HC finds Penny-Stock Trading Loss as Bogus, sets aside ITAT disallowance Order [Read Order]")