![Delhi HC Sets Aside Reassessment Notice u/s 148A as Time-Barred Under TOLA [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Reassessment-Notice-Time-Barred-Under-TOLA-Taxation-and-Other-Laws-Act-taxscan.jpg "Delhi HC Sets Aside Reassessment Notice u/s 148A as Time-Barred Under TOLA [Read Order]")
Delhi HC Sets Aside Reassessment Notice u/s 148A as Time-Barred Under TOLA [Read Order]
The High Court of Delhi set aside a reassessment notice issued under Section 148A for Assessment Year 2015–16, holding it time-barred under the...
![Interest Income Earned During Plant Setup Treated as Capital: ITAT Upholds CIT(A)s Decision to Delete Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/power-plant.jpg "Interest Income Earned During Plant Setup Treated as Capital: ITAT Upholds CIT(A)s Decision to Delete Addition [Read Order]")
![Jharkhand HC Quashes ITAT Ruling Which Deletes Addition u/s 40(a)(ia) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Jharkhand-High-Court.jpg "Jharkhand HC Quashes ITAT Ruling Which Deletes Addition u/s 40(a)(ia) of Income Tax Act [Read Order]")
![ECL Cannot be blocked for More than One Year u/r 86A CGST Rules: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Expected-credit.jpg "ECL Cannot be blocked for More than One Year u/r 86A CGST Rules: Delhi HC [Read Order]")
![ITAT Restores Cash Deposit Addition to AO for Fresh Examination after Assessee clarifies Bank Account Ownership [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/cash-deposit-itat-taxscan.jpg "ITAT Restores Cash Deposit Addition to AO for Fresh Examination after Assessee clarifies Bank Account Ownership [Read Order]")
![Services Directly Linked to Power Transmission and Distribution Eligible for Exemption: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/GST-Electricity-Transmission-Distribution-Charges-Orissa-HC-taxscan.jpg "Services Directly Linked to Power Transmission and Distribution Eligible for Exemption: CESTAT [Read Order]")
Tax Exemption is Allowable to Officer belong to Scheduled Tribe: Gauhati HC Upholds Refund of Income Tax Deducted u/s 10(26) from Salary [Read Order]
The Gauhati High Court allowed a request that the central government reimburse the income tax withheld from the wages of a BSF Assistant Commandant who is a member of the Scheduled Tribe. The bench...
![Tax Exemption is Allowable to Officer belong to Scheduled Tribe: Gauhati HC Upholds Refund of Income Tax Deducted u/s 10(26) from Salary [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Refund-Tax-Exemption-Salary-taxscan.jpg "Tax Exemption is Allowable to Officer belong to Scheduled Tribe: Gauhati HC Upholds Refund of Income Tax Deducted u/s 10(26) from Salary [Read Order]")
Middlings not Taxable as Washed Coal: CESTAT Quashes ₹45.95 Cr Excise Demand on Jindal Steel & Power and Bars Extended Limitation [Read Order]
In a significant ruling, the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) New Delhi quashed a ₹45.95 crore excise duty demand on Jindal Steel & Power Ltd. (JSPL), holding that...
![Middlings not Taxable as Washed Coal: CESTAT Quashes ₹45.95 Cr Excise Demand on Jindal Steel & Power and Bars Extended Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/jindal-Steel-Power.jpg "Middlings not Taxable as Washed Coal: CESTAT Quashes ₹45.95 Cr Excise Demand on Jindal Steel & Power and Bars Extended Limitation [Read Order]")
Excess Expenditure Does Not Bar 15% Accumulation Claim u/s 11(1)(a): ITAT Relieves Rajasthan Cricket Association [Read Order]
In a recent decision made by the Jaipur bench of the Income Tax Appellate Tribunal ( ITAT ), it was held that the 15% accumulation claim under Section 11(1)(a) of the Income Tax Act, 1961 can be...
![Excess Expenditure Does Not Bar 15% Accumulation Claim u/s 11(1)(a): ITAT Relieves Rajasthan Cricket Association [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/rajasthan-cricket-site-img.jpg "Excess Expenditure Does Not Bar 15% Accumulation Claim u/s 11(1)(a): ITAT Relieves Rajasthan Cricket Association [Read Order]")
![ITAT Weekly Round-Up [April 27th- May 2nd]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Weekly-Round-Up-Weekly-Round-Up-ITAT-ITAT-Weekly-Round-Up-for-April-and-May-taxscan.jpg "ITAT Weekly Round-Up [April 27th- May 2nd]")
PCIT must Address Documents Submitted During Assessment in its Revisionary Proceedings: ITAT [Read Order]
In a recent ruling, the Rajkot bench of the Income Tax Appellate Tribunal (ITAT) held that the Principal Commissioner of Income Tax (PCIT) must address documents submitted during assessment in its...
![PCIT must Address Documents Submitted During Assessment in its Revisionary Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/opportunity-to-produce-necessary-documents-AO-for-verification-would-meet-the-ends-of-justice-ITAT-TAXSCAN.jpg "PCIT must Address Documents Submitted During Assessment in its Revisionary Proceedings: ITAT [Read Order]")