Franklin Joshva
![Taxpayer to Prove Fund Flow of Loans through Partners Repayments to HUFs: ITAT Remands Unsecured Loan Addition Matter [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107762-tat-remands-unsecured-loan-addition-matter-taxscan.webp "Taxpayer to Prove Fund Flow of Loans through Partners Repayments to HUFs: ITAT Remands Unsecured Loan Addition Matter [Read Order]")
Taxpayer to Prove Fund Flow of Loans through Partner's Repayments to HUFs: ITAT Remands Unsecured Loan Addition Matter [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) remanded the matter ₹35,00,000 to the Commissioner of Income Tax (Appeals) [CIT(A)]...
![AO Erred by Recording Consolidated Satisfaction Note for Multiple AYs: ITAT Quashes S.153C Assessment [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/250x150_2108145-ao-satisfaction-note-itat-assessment-taxscan.webp "AO Erred by Recording Consolidated Satisfaction Note for Multiple AYs: ITAT Quashes S.153C Assessment [Read Order]")
![DRP Failed to Adjudicate All Operating Expenses for Margin Calculation: ITAT Sets Aside TP Adjustment on Sale of Traded Goods for Recomputation [Read Order]](https://images.taxscan.in/h-upload/2025/11/22/250x150_2107428-itat-taxscan.webp "DRP Failed to Adjudicate All Operating Expenses for Margin Calculation: ITAT Sets Aside TP Adjustment on Sale of Traded Goods for Recomputation [Read Order]")
![S. 69A cannot be Invoked to Tax Commission on Seized Documents: ITAT Directs AO to Treat 20% of Gross Commission as Income [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/250x150_2107218-itat-taxscan.webp "S. 69A cannot be Invoked to Tax Commission on Seized Documents: ITAT Directs AO to Treat 20% of Gross Commission as Income [Read Order]")
![Service Tax Demand Based Solely on Discrepancy Between ITR/TDS and ST-3 Returns Invalid Without Investigating Cause of Difference: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/250x150_2106680-cestat-allahabad-.webp "Service Tax Demand Based Solely on Discrepancy Between ITR/TDS and ST-3 Returns Invalid Without Investigating Cause of Difference: CESTAT [Read Order]")
Taxability Determined by Employment Status: ITAT Holds Employee Transferred from PSEB to PSPCL Eligible for Exemption Only for Service Period Under PSEB [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) held that the assessee was not entitled to full tax exemption on his entire leave encashment received upon retirement from Punjab ...
![Taxability Determined by Employment Status: ITAT Holds Employee Transferred from PSEB to PSPCL Eligible for Exemption Only for Service Period Under PSEB [Read Order]](https://images.taxscan.in/h-upload/2025/11/22/500x300_2107323-itat-employe-taxscan.webp "Taxability Determined by Employment Status: ITAT Holds Employee Transferred from PSEB to PSPCL Eligible for Exemption Only for Service Period Under PSEB [Read Order]")
Furnace Oil used in Manufacture and Transferred to Branches Outside State: Bombay HC rules Set-Off of Sales Tax Available after 6% Reduction of Purchase Price [Read Order]
The Bombay High Court has affirmed that M/s. Borosil Glass Works Ltd. is entitled to a set-off of sales tax on the purchase of furnace oil, but only after a mandatory reduction of 6% of the purchase...
![Furnace Oil used in Manufacture and Transferred to Branches Outside State: Bombay HC rules Set-Off of Sales Tax Available after 6% Reduction of Purchase Price [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107816-bombay-hc-furnace-oil-taxscan.webp "Furnace Oil used in Manufacture and Transferred to Branches Outside State: Bombay HC rules Set-Off of Sales Tax Available after 6% Reduction of Purchase Price [Read Order]")
Relief for Dabur India: ITAT Rules PCIT Erred in Setting Aside Assessment for Inadequate Enquiry Without Stating AO's View Unsustainable in Law [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that the PCIT erred in setting aside the assessment merely for alleged inadequate enquiries without establishing that the Assessing ...
![Relief for Dabur India: ITAT Rules PCIT Erred in Setting Aside Assessment for Inadequate Enquiry Without Stating AOs View Unsustainable in Law [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107961-dabur-india-itat-rules-taxscan.webp "Relief for Dabur India: ITAT Rules PCIT Erred in Setting Aside Assessment for Inadequate Enquiry Without Stating AOs View Unsustainable in Law [Read Order]")
Large Addition of ₹1.11 Cr Unsustainable as Investment Duly Recorded in Books and Paid Through Banking Channel: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that an addition of ₹1,11,00,000 made under Section 69 of the Income Tax Act, 1961, was unsustainable and ruled that the investment...
![Large Addition of ₹1.11 Cr Unsustainable as Investment Duly Recorded in Books and Paid Through Banking Channel: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107209-itat-ahmedabad-money-addition-banking-channel-taxscan.webp "Large Addition of ₹1.11 Cr Unsustainable as Investment Duly Recorded in Books and Paid Through Banking Channel: ITAT [Read Order]")
LTCG Derived Exclusive from Equity Shares and Equity-Oriented Mutual Funds only Exempted u/s 10(38): ITAT Remits Matter [Read Order]
The Delhi Bench of the Income Tax AppellateTribunal (ITAT) held that Long-Term Capital Gains (LTCG) derived exclusively from Equity Shares and Equity-Oriented Mutual Funds can only be exempted under ...
![LTCG Derived Exclusive from Equity Shares and Equity-Oriented Mutual Funds only Exempted u/s 10(38): ITAT Remits Matter [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107184-ltcg-derived-exclusive-equity-shares-equity-oriented-mutual-funds-itat-remits-matter-taxscan.webp "LTCG Derived Exclusive from Equity Shares and Equity-Oriented Mutual Funds only Exempted u/s 10(38): ITAT Remits Matter [Read Order]")
ITAT Affirms CIT(A)'s Deletion of Bad Debts of ₹1.26 Cr, Management Fee and Depreciation Citing Submission and Verification of Evidence [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income tax (Appeals) [CIT(A)]’s order, which had deleted disallowances related to bad debts, management fees, ...
![ITAT Affirms CIT(A)s Deletion of Bad Debts of ₹1.26 Cr, Management Fee and Depreciation Citing Submission and Verification of Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107202-whatsapp-image-2025-11-21-at-50428-pm.webp "ITAT Affirms CIT(A)s Deletion of Bad Debts of ₹1.26 Cr, Management Fee and Depreciation Citing Submission and Verification of Evidence [Read Order]")
Recovery u/s 11A is Unjustified as Refund Orders Had Attained Finality Without Appeal: CESTAT [Read Order]
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the Revenue Department cannot invoke Section 11A of the Central Excise Act, 1944 to recover an...
![Recovery u/s 11A is Unjustified as Refund Orders Had Attained Finality Without Appeal: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107068-refund-recovery-proceedings-taxscan.webp "Recovery u/s 11A is Unjustified as Refund Orders Had Attained Finality Without Appeal: CESTAT [Read Order]")