Advika Dwivedi
![Assessment Void Without Jurisdictional 143(2) Notice: ITAT Quashes ₹1.11 Cr Share Premium Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/12/25/500x300_2114754-assessment-void-without-jurisdictional-1432-notice-taxscan.jfif "Assessment Void Without Jurisdictional 143(2) Notice: ITAT Quashes ₹1.11 Cr Share Premium Addition u/s 68 [Read Order]")
Assessment Void Without Jurisdictional 143(2) Notice: ITAT Quashes ₹1.11 Cr Share Premium Addition u/s 68 [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) ruled that an assessment framed without issuance of a mandatory notice under Section...
![CIT(A) Failed to Consider Filed Evidence: ITAT Restores Income Tax Appeal With Cost to PM Relief Fund [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/250x150_2113722-cita-failed-consider-filed-evidence-itat-restores-income-tax-appeal-cost-pm-relief-fund-taxscan.webp "CIT(A) Failed to Consider Filed Evidence: ITAT Restores Income Tax Appeal With Cost to PM Relief Fund [Read Order]")
![No 115JB Adjustment for Section 14A: ITAT Upholds CIT(A)s ₹71 Lakh Cap [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/250x150_2113730-no-115jb-adjustment-section-14a-taxscan.jfif "No 115JB Adjustment for Section 14A: ITAT Upholds CIT(A)s ₹71 Lakh Cap [Read Order]")
ITAT Dismisses Revenue Appeal on ‘Additional Evidence’ Ground, Upholds CIT(A) Direction for Full Form-26AS TDS Credit After Verification [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue’s appeals challenging the order directing verification and grant of full tax deducted at source credit for three...
![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/2025/12/22/500x300_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/2025/12/22/500x300_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]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ), held that mutual fund investments treated as stock-in-trade must be excluded while computing disallowance under Section 14A of the Income...
![Mutual Fund Stock-in-Trade Investments Must Be Excluded while Computing Disallowance u/s 14A: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/500x300_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]")