![Assessment Beyond Limitation Period Barred u/s 153(2): ITAT Quashes Reassessment and Penalty Against Non-Resident [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079341-assessment-tat-quashes-penalty-taxscan.webp "Assessment Beyond Limitation Period Barred u/s 153(2): ITAT Quashes Reassessment and Penalty Against Non-Resident [Read Order]")
Assessment Beyond Limitation Period Barred u/s 153(2): ITAT Quashes Reassessment and Penalty Against Non-Resident [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that where reassessment is not completed within the statutory time...
![Failure to file Mandatory Form 10 B by GUSEC due to Management Change: ITAT remands matter [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079676-failure-mandatory-form-10-b-gusec-itat-.webp "Failure to file Mandatory Form 10 B by GUSEC due to Management Change: ITAT remands matter [Read Order]")
![ITAT Gives Taxpayer a Costly Second Chance; Rs.10,000 Fine for Negligence, Orders Fresh Hearing on Unexplained Cash Deposits [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079697-unexplained-cash-depositsitat-fresh-hearing-taxscan.webp "ITAT Gives Taxpayer a Costly Second Chance; Rs.10,000 Fine for Negligence, Orders Fresh Hearing on Unexplained Cash Deposits [Read Order]")
![Senior Citizen’s Demonetization ₹10.46L Deposits Explained as Prior Withdrawals: ITAT Sets Aside Cash Deposit Addition u/s 69A [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079277-itat-demonetization-cash-deposits-taxscan.webp "Senior Citizen’s Demonetization ₹10.46L Deposits Explained as Prior Withdrawals: ITAT Sets Aside Cash Deposit Addition u/s 69A [Read Order]")
![Central Govt publishes Final Findings in Anti-Dumping Investigation of Liquid Epoxy Resin Imports [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/250x150_2079754-resin-imports-taxscan.webp "Central Govt publishes Final Findings in Anti-Dumping Investigation of Liquid Epoxy Resin Imports [Read Order]")
Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) refused to condone a delay of 248 days in filing a recall application by Mr. Raju Rangadhamaiah and his wife, Smt. M....
![Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079282-condone-delay-nclat-documents-taxscan.webp "Delay in Obtaining Documents Not Sufficient Reason: NCLAT Refuses to Condone 248 days Delay in Recall Plea [Read Order]")
GST Offline Rectification u/s 161 Plea Valid, Taxpayer must also file Online Application as Procedural Requirement: Madras HC [Read Order]
The Madurai bench of the Madras High Court has held that a rectification application filed offline within the prescribed time under Section 161 of the Goods and Services Tax Act, 2017, cannot be...
![GST Offline Rectification u/s 161 Plea Valid, Taxpayer must also file Online Application as Procedural Requirement: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079248-gst-taxpayer-madras-hc-taxscan.webp "GST Offline Rectification u/s 161 Plea Valid, Taxpayer must also file Online Application as Procedural Requirement: Madras HC [Read Order]")
Indusind Bank Share Transactions Explained, No Unexplained Cash Deposits: ITAT Quashes PCIT’s Revision u/s 263 [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has held that the share transactions of the assessee were genuine and not bogus long term capital gains (LTCG), and deleted the...
![Indusind Bank Share Transactions Explained, No Unexplained Cash Deposits: ITAT Quashes PCIT’s Revision u/s 263 [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079278-indusind-bank-taxscan.webp "Indusind Bank Share Transactions Explained, No Unexplained Cash Deposits: ITAT Quashes PCIT’s Revision u/s 263 [Read Order]")
Factory Land not Exempted from TDS u/s 194IA: ITAT upholds Income Tax Demand u/s 201 and 201(1A) [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam, while upholding the demand under Section 201(1) and 201(1A) of the Income Tax Act, 1961 for failing to deduct 1% TDS (Tax Deducted at...
![Factory Land not Exempted from TDS u/s 194IA: ITAT upholds Income Tax Demand u/s 201 and 201(1A) [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079262-tax-deducted-source-taxscan.webp "Factory Land not Exempted from TDS u/s 194IA: ITAT upholds Income Tax Demand u/s 201 and 201(1A) [Read Order]")
No records to Show Misuse of Activities Inconsistent with Objects: ITAT restores Trust’s Application for Permanent Registration [Read Order]
The Income Tax Appellate Tribunal (ITAT), Visakhapatnam Bench, comprising Judicial Member Ravish Sood and Accountant Member S. Balakrishnan, dealt with the issue of rejection of a trust’s...
![No records to Show Misuse of Activities Inconsistent with Objects: ITAT restores Trust’s Application for Permanent Registration [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079733-show-misuse-itat-permanent-registration-taxscan.webp "No records to Show Misuse of Activities Inconsistent with Objects: ITAT restores Trust’s Application for Permanent Registration [Read Order]")
Taxability of Industrial promotional subsidy received by Mahindra & Mahindra Limited: ITAT directs de novo Adjudication. [Read Order]
In a recent case, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has directed the denovo adjudication regarding the taxability of the claim of disallowance of industrial promotional...
![Taxability of Industrial promotional subsidy received by Mahindra & Mahindra Limited: ITAT directs de novo Adjudication. [Read Order]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079234-itat-mahindra-case-taxscan.webp "Taxability of Industrial promotional subsidy received by Mahindra & Mahindra Limited: ITAT directs de novo Adjudication. [Read Order]")