Franklin Joshva
![Two GST Number Allotment Not Justifies 4 Year Delay: Delhi HC Dismisses Writ Petition Challenging ₹1.49 Cr GST Demand [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/500x300_2108790-gst-allotment-delhi-hc-writ-petition-gst-demand-taxscan.webp "Two GST Number Allotment Not Justifies 4 Year Delay: Delhi HC Dismisses Writ Petition Challenging ₹1.49 Cr GST Demand [Read Order]")
Two GST Number Allotment Not Justifies 4 Year Delay: Delhi HC Dismisses Writ Petition Challenging ₹1.49 Cr GST Demand [Read Order]
The Delhi High Court dismissed a writ petition challenging a demand of ₹1,49,67,207 imposed on the Petitioner and held that the petition was barred...
![Cross-LoC Barter Trade Constitutes Intra-State Supply Under GST Law: J&K&L HC Rules Transaction Taxable [Read Order]](https://images.taxscan.in/h-upload/2025/11/30/250x150_2108938-barter-trade-intra-state-supply-gst-law-j-and-k-and-l-hc-transaction-taxable-taxscan.webp "Cross-LoC Barter Trade Constitutes Intra-State Supply Under GST Law: J&K&L HC Rules Transaction Taxable [Read Order]")
![GST Proper Officer states Not Agreed With Taxpayer But fails to Explain for Dropping Demand: Delhi HC Directs for Explanation [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/250x150_2108577-delhi-hc-gst-proper-officer-taxscan.webp "GST Proper Officer states Not Agreed With Taxpayer But fails to Explain for Dropping Demand: Delhi HC Directs for Explanation [Read Order]")
![Cash Payment Disallowance u/s 40A(3) Partially Upheld: ITAT Remits for Verification of Government Cess Payment [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/250x150_2108309-cash-payment-disallowance-us-40a3-partially-itat-remits-verification-government-cess-payment-taxscan.webp "Cash Payment Disallowance u/s 40A(3) Partially Upheld: ITAT Remits for Verification of Government Cess Payment [Read Order]")
![Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/250x150_2108388-unexplained-cash-credits.webp "Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]")
Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]
The Visakhapatnam Bench of the Income Tax Appellate Tribunal (ITAT) has held that once the books of accounts and the resultant trading results are accepted by the Assessing Officer (AO), a portion ...
![Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107947-sale-proceeds-cash-credits.webp "Sale Proceeds Recorded in Books Cannot be Recharacterized as Unexplained Cash Credit: ITAT Deletes Addition [Read Order]")
Proper Course of Action for Assessment Based on Information from Search must be u/s 153C: ITAT Rules S. 147 Invocation Invalid [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) quashed the entire reassessment proceedings and ruled that proper course action must be under section 153C for reopening based on search ...
![Proper Course of Action for Assessment Based on Information from Search must be u/s 153C: ITAT Rules S. 147 Invocation Invalid [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107827-assessment-based-on-information-taxscan.webp "Proper Course of Action for Assessment Based on Information from Search must be u/s 153C: ITAT Rules S. 147 Invocation Invalid [Read Order]")
ITAT Estimates Agricultural Expenditure at ₹22.37 Lakhs on Onion Sale, Rejects 35% of CIT(A)'s Estimation [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) partly allowed the appeal of a by estimating agricultural expenditure towards onion cultivation at ₹22,37,554 out of gross sales of...
![ITAT Estimates Agricultural Expenditure at ₹22.37 Lakhs on Onion Sale, Rejects 35% of CIT(A)s Estimation [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108318-itat-estimates-agricultural-expenditure-onion-sale-citas-estimation-taxscan.webp "ITAT Estimates Agricultural Expenditure at ₹22.37 Lakhs on Onion Sale, Rejects 35% of CIT(A)s Estimation [Read Order]")
Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the payments was not made on banking holidays and held that the assessee failed to establish the conditions required for...
![Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108301-bank-holidays-cash-payments-exceeding-statutory-limit-itat-rejects-assessees-claim-ur-6dd-income-tax-rules-taxscan.webp "Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]")
Reduction in Shareholding Due to Fresh Allotment is Not a 'Transfer or Relinquishment of Right': ITAT Deletes ₹2.53 Cr Capital Gain Addition [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) granted substantial relief by confirming the deletion of a Short-term Capital Gain addition of ₹2,53,20,000/- for the Assessment Year (AY)...
![Reduction in Shareholding Due to Fresh Allotment is Not a Transfer or Relinquishment of Right: ITAT Deletes ₹2.53 Cr Capital Gain Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107797-245724a6-5b2d-4c72-89d9-c07c8adadce0.webp "Reduction in Shareholding Due to Fresh Allotment is Not a Transfer or Relinquishment of Right: ITAT Deletes ₹2.53 Cr Capital Gain Addition [Read Order]")
Interest Income Earned by Credit Co-operative Society from Co-operative Bank is Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) confirmed that interest and dividend income earned by a primary credit co-operative society from investments made with a co-operative bank...
![Interest Income Earned by Credit Co-operative Society from Co-operative Bank is Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/500x300_2108041-co-operative-bank-co-operative-society.webp "Interest Income Earned by Credit Co-operative Society from Co-operative Bank is Eligible for Deduction u/s 80P(2)(d): ITAT [Read Order]")