Franklin Joshva
Government Reconstitutes Supreme Court Panel of Advocates for Central Litigation
The Ministry of Law and Justice, through its Department of Legal Affairs (Judicial Section), has issued a significant order restructuring the...
![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/2025/11/27/250x150_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]](https://images.taxscan.in/h-upload/2025/11/25/250x150_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]](https://images.taxscan.in/h-upload/2025/11/26/250x150_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]")
![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/2025/11/25/250x150_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]")
AO Erred by Recording Consolidated Satisfaction Note for Multiple AY's: ITAT Quashes S.153C Assessment [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) quashed the assessment orders passed under Section 153C for the Assessment Years (AY) 2015-16 and 2016-17, on the fundamental legal ground...
![AO Erred by Recording Consolidated Satisfaction Note for Multiple AYs: ITAT Quashes S.153C Assessment [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/500x300_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]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) set aside the Transfer Pricing (TP) adjustment related to the sale of traded goods (rice) back to the Dispute Resolution Panel (DRP) for ...
![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/2025/11/22/500x300_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]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) ruled that Section 69A of the cannot be invoked to tax commission details found on seized documents, as the provision applies only to ...
![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/2025/11/21/500x300_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]
The Allahabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has held that a demand raised solely on the basis of a discrepancy between the figures reflected in Income...
![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/2025/11/19/500x300_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]")