![Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part IV]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072032-itat-4-1.webp "Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part IV]")
Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part IV]
This half-yearly round-up analytically summarizes the key Direct Tax-Income Tax rulings of the Income Tax Appellate Tribunal (ITAT) reported at...
![Loans Qualify as NPAs After 180 Days of Default Under Income Tax Rules, Not 90 Days per NHB Guidelines: Supreme Court Rejects HUDCO’s RP [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/04/250x150_2072916-declaration-of-loan-account-declaration-of-loan-account-as-npa-npa-nclat-nclat-rules-nclat-rules-in-favour-of-ubi-loan-account-non-performing-assets-insolvency-bankruptcy-code-ibc-taxscan.webp "Loans Qualify as NPAs After 180 Days of Default Under Income Tax Rules, Not 90 Days per NHB Guidelines: Supreme Court Rejects HUDCO’s RP [Read Judgement]")
![Bus Services for Transporting Employees and School Children Qualify for Service Tax Exemption Under Entry 23(b) of Notification: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071840-bus-services-transporting-employees-school-children-qualify-service-tax-exemption-notification-cestat-taxscan.webp "Bus Services for Transporting Employees and School Children Qualify for Service Tax Exemption Under Entry 23(b) of Notification: CESTAT [Read Order]")
![Bogus LTCG Addition u/s 68 Not Sustainable: ITAT Validates Demerger-Allotted Shares Transaction Citing Genuineness of Documentary Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/250x150_2071816-bogus-ltcg-addition-itat-validates-demerger-allotted-transaction-documentary-evidence.webp "Bogus LTCG Addition u/s 68 Not Sustainable: ITAT Validates Demerger-Allotted Shares Transaction Citing Genuineness of Documentary Evidence [Read Order]")
Incorporation of Investing Companies under Companies Act not sufficient to prove genuineness of Share Transactions: Calcutta HC sets aside ITAT’s Finding [Read Order]
In a recent case, the Calcutta High Court held that incorporation of Investing Companies Under Companies Act is not sufficient to prove genuineness of share transactions handset aside the Income...
![Incorporation of Investing Companies under Companies Act not sufficient to prove genuineness of Share Transactions: Calcutta HC sets aside ITAT’s Finding [Read Order]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072862-calcutta-high-court-incorporation-of-investing-companies-investing-companies-taxscan.webp "Incorporation of Investing Companies under Companies Act not sufficient to prove genuineness of Share Transactions: Calcutta HC sets aside ITAT’s Finding [Read Order]")
Liability of Deceased guarantor to repay Debt shall fall upon legal heirs who were party to DRT proceedings: Delhi HC Dismisses Petition against DRAT Order [Read Order]
In a recent case, the Delhi High Court has held that liability of deceased guarantor to repay debt shall fall upon legal heirs who were party to the Debt Recovery Tribunal (DRT) proceedings and...
![Liability of Deceased guarantor to repay Debt shall fall upon legal heirs who were party to DRT proceedings: Delhi HC Dismisses Petition against DRAT Order [Read Order]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072849-guarantor-debt-liability-taxscan.webp "Liability of Deceased guarantor to repay Debt shall fall upon legal heirs who were party to DRT proceedings: Delhi HC Dismisses Petition against DRAT Order [Read Order]")
![Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part III]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072059-half-yearly-income-tax-case-digest-itat-decisions-2025-taxscan.webp "Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part III]")
Lawyer Cannot Be Raided Merely for Representing Clients' Tax Cases: Delhi HC Reprimands GST Dept [Read Order]
The GST Department was warned by the Delhi High Court for harassing a tax lawyer by raiding his offices in relation to a client's alleged GST evasion. It turned out that the lawyer was only...
![Lawyer Cannot Be Raided Merely for Representing Clients Tax Cases: Delhi HC Reprimands GST Dept [Read Order]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072842-lawyer-representing-clients-tax-cases-tax-cases-for-clients-delhi-hc-taxscan.webp "Lawyer Cannot Be Raided Merely for Representing Clients Tax Cases: Delhi HC Reprimands GST Dept [Read Order]")
Genuine Delay in Producing 70 Year Old Trust Deed: ITAT quashes Rejection of S.12A & 80G Claims [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin Bench, has set aside the rejection of applications under sections 12A and 80G of the Income Tax Act, 1961, citing that the default was procedural and...
![Genuine Delay in Producing 70 Year Old Trust Deed: ITAT quashes Rejection of S.12A & 80G Claims [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071537-genuine-delay-producing-70-year-old-trust-deed-itat-quashes-rejection-s12a-80g-claims-taxscan.webp "Genuine Delay in Producing 70 Year Old Trust Deed: ITAT quashes Rejection of S.12A & 80G Claims [Read Order]")
GST SCN Without Date and Time of Personal Hearing is Invalid: Gauhati HC sets Aside Adverse Order and Directs Personal Hearing [Read Order]
The Gauhati High Court has held that failure to clearly indicate the date and time for personal hearing within a Goods and Services Tax (GST) Show Cause Notice (SCN) renders any adverse order...
![GST SCN Without Date and Time of Personal Hearing is Invalid: Gauhati HC sets Aside Adverse Order and Directs Personal Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/500x300_2072396-gst-scn-gst-scn-without-date-gst-scn-without-date-and-time-of-personal-hearing-taxscan.webp "GST SCN Without Date and Time of Personal Hearing is Invalid: Gauhati HC sets Aside Adverse Order and Directs Personal Hearing [Read Order]")