![Income Tax Addition for Turnover Mismatch Set Aside Due to Lack of Evidence: ITATÂ Deletes Disallowance under Section 40A(3) as Income was Estimated [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Raipur-Income-Tax-Addition-Addition-for-Turnover-Mismatch-TAXSCAN.jpg "Income Tax Addition for Turnover Mismatch Set Aside Due to Lack of Evidence: ITATÂ Deletes Disallowance under Section 40A(3) as Income was Estimated [Read Order]")
Income Tax Addition for Turnover Mismatch Set Aside Due to Lack of Evidence: ITATÂ Deletes Disallowance under Section 40A(3) as Income was Estimated [Read Order]
In a recent ruling, the Raipur Bench of the Income Tax Appellate Tribunal (ITAT) partly allowed appeals for multiple assessment years by holding that...
![AO adds Rs. 30 crore as Unexplained Investment: ITAT restores matter in Interest of Justice with Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/AO-Unexplained-Investment-ITAT-Interest-Justice-Penalty-TAXSCAN.jpg "AO adds Rs. 30 crore as Unexplained Investment: ITAT restores matter in Interest of Justice with Penalty [Read Order]")
![GST Rate Hike on Pre-Existing Work Order: Karnataka HC Directs Consideration of Representation in Eight Weeks [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Karnataka-High-Court-GST-Rate-Hike-on-Pre-Existing-Work-Order-taxscan.jpg "GST Rate Hike on Pre-Existing Work Order: Karnataka HC Directs Consideration of Representation in Eight Weeks [Read Order]")
![Violation of Natural Justice: ITAT Sets Aside CIT(A)’s Ex-Parte Order Passed without Notice to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/natural-justice-site-img-1.jpg "Violation of Natural Justice: ITAT Sets Aside CIT(A)’s Ex-Parte Order Passed without Notice to Assessee [Read Order]")
CENVAT Credit cannot be Disallowed merely on non-submission of User Test Certificate: Madras HC [Read Order]
The Madurai Bench of Madras High Court has held that merely because in respect of a User Test Certificate was sought for or produced voluntarily or the User Test Theory has been adopted by the...
![CENVAT Credit cannot be Disallowed merely on non-submission of User Test Certificate: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CENVAT-Credit-Madras-High-Court-CENVAT-taxscan.jpg "CENVAT Credit cannot be Disallowed merely on non-submission of User Test Certificate: Madras HC [Read Order]")
Bombay HC Quashes Income Tax Reassessment Over Change of Opinion and No Failure to Disclose Facts [Read Order]
The High Court of Bombay, quashed an income tax reassessment proceedings initiated against the assessee for Assessment Year(AY) 2014–15, holding that the reopening was based on a mere change of...
![Bombay HC Quashes Income Tax Reassessment Over Change of Opinion and No Failure to Disclose Facts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Income-Tax-Reassessment-Bombay-High-Court-Over-Change-of-Opinion-taxscan.jpg "Bombay HC Quashes Income Tax Reassessment Over Change of Opinion and No Failure to Disclose Facts [Read Order]")
[BREAKING] Telecom Towers, Pre-Fab Buildings Qualify as Capital Goods for GST/CENVAT Input Tax Credit: Rajasthan HC [Read Order]
In a recent ruling, the Rajasthan High Court has concurred with the Supreme Court decision in Bharti Airtel and held that telecom towers and pre-fabricated buildings qualify as capital goods eligible...
![[BREAKING] Telecom Towers, Pre-Fab Buildings Qualify as Capital Goods for GST/CENVAT Input Tax Credit: Rajasthan HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Bharti-Hexacom.jpg "[BREAKING] Telecom Towers, Pre-Fab Buildings Qualify as Capital Goods for GST/CENVAT Input Tax Credit: Rajasthan HC [Read Order]")
Amidst ongoing Controversy Regarding Empuraan Movie, Producer Antony Perumbavoor gets Income Tax Notice
Film producer Antony Perumbavoor has received a notice from the Income Tax Department, seeking clarification over alleged financial transactions, including an amount of Rs 2.5 crore reportedly paid...
ITAT Deletes Penalty of Rs. 1.5 Lakh u/s 271B for Delayed Tax Audit Due to Managing Partner’s Demise [Read Order]
The Cochin bench of the Income Tax Appellate Tribunal (ITAT) deleted the penalty of Rs. 1.5 lakhs imposed under Section 271B for delayed tax audit due to the demise of the managing partner. Coming...
![ITAT Deletes Penalty of Rs. 1.5 Lakh u/s 271B for Delayed Tax Audit Due to Managing Partner’s Demise [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/tax-audit-site-img.jpg "ITAT Deletes Penalty of Rs. 1.5 Lakh u/s 271B for Delayed Tax Audit Due to Managing Partner’s Demise [Read Order]")