Advika Dwivedi
![No 115JB Adjustment for Section 14A: ITAT Upholds CIT(A)s ₹71 Lakh Cap [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113730-no-115jb-adjustment-section-14a-taxscan.jfif "No 115JB Adjustment for Section 14A: ITAT Upholds CIT(A)s ₹71 Lakh Cap [Read Order]")
No 115JB Adjustment for Section 14A: ITAT Upholds CIT(A)'s ₹71 Lakh Cap [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT), held that no adjustment under Section 115JB relating to disallowance under Section 14A of...
![ITAT Dismisses Revenue Appeal on ‘Additional Evidence’ Ground, Upholds CIT(A) Direction for Full Form-26AS TDS Credit After Verification [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/250x150_2113724-itat-dismisses-revenue-appeal-additional-evidence-ground-upholds-cita-direction-full-form-26as-tds-credit-after-verification-taxscan.webp "ITAT Dismisses Revenue Appeal on ‘Additional Evidence’ Ground, Upholds CIT(A) Direction for Full Form-26AS TDS Credit After Verification [Read Order]")
![ITAT Deletes S.56(2)(x) Addition, Finds No Basis for Price Suppression in State Govt Sale [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/250x150_2113721-itat-deletes-s562x-addition-finds-basis-price-suppression-state-govt-sale-taxscan.webp "ITAT Deletes S.56(2)(x) Addition, Finds No Basis for Price Suppression in State Govt Sale [Read Order]")
![Mutual Fund Stock-in-Trade Investments Must Be Excluded while Computing Disallowance u/s 14A: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/250x150_2113723-mutual-fund-stock-trade-investments-computing-disallowance-14a-itat-taxscan.webp "Mutual Fund Stock-in-Trade Investments Must Be Excluded while Computing Disallowance u/s 14A: ITAT [Read Order]")
11.54% TDS on NRI Share Transfers u/s 112(1)(c)(iii): ITAT Rejects Revenue’s ₹2.37 Crore Default Claim Against Godrej Agrovet [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT), held that lower deduction rate of 11.54% under Section 112(1)(c)(iii) of the Income Tax Act, 1961 on long-term capital gains arising...
![11.54% TDS on NRI Share Transfers u/s 112(1)(c)(iii): ITAT Rejects Revenue’s ₹2.37 Crore Default Claim Against Godrej Agrovet [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113749-tds-nri-share-transfers-itat-rejects-revenue-default-claim-godrej-agrovet-taxscan.webp "11.54% TDS on NRI Share Transfers u/s 112(1)(c)(iii): ITAT Rejects Revenue’s ₹2.37 Crore Default Claim Against Godrej Agrovet [Read Order]")
Interest-Free Funds Presumption: ITAT Deletes ₹28.78 Lakh 14A Interest Disallowance for Co-op Bank [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) ruled that tax-free investments were presumed to be made from available interest-free funds while deciding an appeal concerning the deletion of...
![Interest-Free Funds Presumption: ITAT Deletes ₹28.78 Lakh 14A Interest Disallowance for Co-op Bank [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113736-interest-free-funds-presumption-itat-deletes-interest-disallowance-co-op-bank-taxscan.webp "Interest-Free Funds Presumption: ITAT Deletes ₹28.78 Lakh 14A Interest Disallowance for Co-op Bank [Read Order]")
Transport of Minerals Inside Mines Is Not ‘Mining Service’: CESTAT Rejects Service Tax Demand [Read Order]
TheCustoms, Excise and Service Tax Appellate Tribunal, Kolkata (CESTAT), has held that transportation of excavated minerals within a mining area cannot be taxed under the category of “Mining...
![Transport of Minerals Inside Mines Is Not ‘Mining Service’: CESTAT Rejects Service Tax Demand [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/500x300_2113228-transport-minerals-inside-mines-not-mining-service-cestat-rejects-service-tax-demand-taxscan.webp "Transport of Minerals Inside Mines Is Not ‘Mining Service’: CESTAT Rejects Service Tax Demand [Read Order]")
Commercial Expediency Cannot be Rewritten by TPO: Delhi HC upholds Avery Dennison’s Intra-Group Services at Arm’s Length
The Delhi High Court has dismissed an appeal filed under Section 260A of the IncomeTax Act, 1961, holding that no substantial question of law arose from the findings accepting the arm’s length...
Orissa HC Directs GSTAT Route: Writ Against GST Appeal Order Disposed With Mandatory Deposit Condition u/s. 112(8)
The Cuttack Bench of Orissa High Court disposed of a writ petition challenging an appellate order passed under the Goods and Services Tax (GST) enactments, directing that the proper statutory...
Is Your Money Sitting Unclaimed? Your Money, Your Right: How Indians can Recover ₹1.84L Crore in Forgotten Assets
PrimeMinister Narendra Modi has appealed to every Indian citizen to join the ‘Your Money, Your Right’ Campaign which has within two months provided rightful ownership of approximately ₹ 2,000 crores...
Customs Duty Exemption Denied for Misrepresentation and Only 5.18% Value Addition: Karnataka HC Sets Aside CEGAT Order [Read Order]
The Karnataka High Court has set aside the order of the Customs, Excise and Gold Appellate Tribunal (CEGAT), holding that the benefit of duty exemption could not be granted where the value addition...
![Customs Duty Exemption Denied for Misrepresentation and Only 5.18% Value Addition: Karnataka HC Sets Aside CEGAT Order [Read Order]](https://images.taxscan.in/h-upload/2025/12/18/500x300_2113015-customs-duty-exemption-misrepresentation-value-addition-karnataka-hc-cegat-order-taxscan.webp "Customs Duty Exemption Denied for Misrepresentation and Only 5.18% Value Addition: Karnataka HC Sets Aside CEGAT Order [Read Order]")