Adwaid M S
Adwaid M S is a BBA-LL.B (Hons.) student at Government Law College Kozhikode with a deep passion for Space and Sports Laws, combining his legal acumen with a keen interest in quizzing and intellectual pursuits.
![Tax Liability of Charitable Trust Dismissed: ITAT Remands Matter back to CIT(A) for Reconsideration of Expenditure Claims [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Allahabad-Income-Tax-Income-Tax-Appellate-Tribunal-Charitable-trust-tax-TAXSCAN.jpg "Tax Liability of Charitable Trust Dismissed: ITAT Remands Matter back to CIT(A) for Reconsideration of Expenditure Claims [Read Order]")
Tax Liability of Charitable Trust Dismissed: ITAT Remands Matter back to CIT(A) for Reconsideration of Expenditure Claims [Read Order]
In a recent order, the Allahabad Bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the tax liability imposed for the Assessment Year...
![ITAT Quashes Penalty under Section 271(1)(c), Directs AO to Reconsider Quantum Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Quashes-Penalty-ITAT-Quashes-Penalty-Quantum-Addition-Directs-AO-Reconsider-Quantum-Addition-ITAT-Quashes-Penalty-Under-Section-2711c-taxscan.jpg "ITAT Quashes Penalty under Section 271(1)(c), Directs AO to Reconsider Quantum Addition [Read Order]")
![Tax Deposited in Cash Ledger, Not set off during Return Filing & Interest demanded: Know Consequences & Draft Reply Format [Find Reply]](https://www.taxscan.in/wp-content/uploads/2025/01/GST-Goods-and-Services-Tax-Cash-Ledger-Tax-Deposited-in-Cash-Ledger-Reply-format-for-cash-ledger-tax-issues-taxscan.jpg "Tax Deposited in Cash Ledger, Not set off during Return Filing & Interest demanded: Know Consequences & Draft Reply Format [Find Reply]")
ITAT directs Reconsideration of LTCG Claim owing to New Evidence including Cheque Transactions [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ranchi Bench, has set aside the order of the Commissioner of Income Tax (Appeals) (CIT(A)) and directed the reassessment of the long-term capital gain (LTCG)...
![ITAT directs Reconsideration of LTCG Claim owing to New Evidence including Cheque Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-LTCG-Claim-Evidence-Cheque-Transactions-taxscan.jpg "ITAT directs Reconsideration of LTCG Claim owing to New Evidence including Cheque Transactions [Read Order]")
Assessee Gets Partial Relief from ITAT as Tribunal sets aside Interest Expenses Addition and Partly Sustains Household Expenses Disallowance [Read Order]
In a recent ruling by the Income Tax Appellate Tribunal (ITAT), Surat Bench, the assessee, Manish Chiranjilal Jain, received partial relief in his appeal concerning the assessment for the financial...
![Assessee Gets Partial Relief from ITAT as Tribunal sets aside Interest Expenses Addition and Partly Sustains Household Expenses Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Interest-Expenses-Addition-Household-Expenses-Disallowance-taxscan.jpg "Assessee Gets Partial Relief from ITAT as Tribunal sets aside Interest Expenses Addition and Partly Sustains Household Expenses Disallowance [Read Order]")
ITAT Directs Reconsideration of Deduction Claim u/s 36(1)(va) in Light of Supreme Court Decision [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Ranchi Bench has directed the Commissioner of Income Tax (Appeals) (CIT(A)) to reconsider the deduction claim under Section 36(1)(va)...
![ITAT Directs Reconsideration of Deduction Claim u/s 36(1)(va) in Light of Supreme Court Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Directs-Reconsideration-Deduction-Claim-ITAT-Directs-Reconsideration-of-Deduction-Claim-Supreme-Court-disallowance-of-Employees-Provident-Fund-Supreme-Courts-recent-judgment-Taxscan.jpg "ITAT Directs Reconsideration of Deduction Claim u/s 36(1)(va) in Light of Supreme Court Decision [Read Order]")
ITAT Partly Allows Assessee's Appeal, Directs Benefit of Rs.8 Lakhs for Unexplained Cash Deposits [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad, partly allowed the appeal filed by assessee, in relation to the unexplained cash deposits during the demonetization period for...
![ITAT Partly Allows Assessees Appeal, Directs Benefit of Rs.8 Lakhs for Unexplained Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Ahmedabad-Unexplained-Cash-Deposits-Section-69A-ITAT-Income-Tax-Appellate-Tribunal-Income-Tax-TAXSCAN.jpg "ITAT Partly Allows Assessees Appeal, Directs Benefit of Rs.8 Lakhs for Unexplained Cash Deposits [Read Order]")
ITAT Allows Assessee's Appeal, Orders CIT(A) to Decide on Foreign Tax Credit Claim Along with Pending Appeal [Read Order]
Recently, the Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT), allowed the appeal of a senior citizen from Telangana, challenging the denial of Foreign Tax Credit (FTC) for the Assessment...
![ITAT Allows Assessees Appeal, Orders CIT(A) to Decide on Foreign Tax Credit Claim Along with Pending Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Ahmedabad-Income-tax-Income-tax-news-Foreign-Tax-Credit-Claim-Taxscan.jpg "ITAT Allows Assessees Appeal, Orders CIT(A) to Decide on Foreign Tax Credit Claim Along with Pending Appeal [Read Order]")
Nature and Source of Credit Satisfactorily Explained: ITAT directs AO to delete Additions u/s 68 [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) in Surat has directed the Assessing Officer ( AO ) to delete additions made under Section 68 of the Income Tax Act, 1961, in relation to a...
![Nature and Source of Credit Satisfactorily Explained: ITAT directs AO to delete Additions u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Nature-Source-of-Credit-Satisfactorily-Explained-ITAT-AO-taxscan.jpg "Nature and Source of Credit Satisfactorily Explained: ITAT directs AO to delete Additions u/s 68 [Read Order]")