![ITAT Upholds 153C Assessments but Deletes Cash Payment Additions for Lack of Corroboration and No Cross-Examination [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/500x300_2108707-cash-payment-taxscan.jfif "ITAT Upholds 153C Assessments but Deletes Cash Payment Additions for Lack of Corroboration and No Cross-Examination [Read Order]")
ITAT Upholds 153C Assessments but Deletes Cash Payment Additions for Lack of Corroboration and No Cross-Examination [Read Order]
ITAT Deletes Cash Additions for Lack of Proof while Upholding 153C Assessments The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT)...
![ITAT Sets Aside ₹6.90 Cr Share Premium Addition for Non-Consideration of Assessee’s Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108701-itat-premium-addition-non-consideration-assessee-evidence-taxscan.webp "ITAT Sets Aside ₹6.90 Cr Share Premium Addition for Non-Consideration of Assessee’s Evidence [Read Order]")
![Revision Invalid when Assessment Order u/s 153A passed with JCIT Approval u/s 153D: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108691-the-income-tax-act-mandatory-approval-taxscan.webp "Revision Invalid when Assessment Order u/s 153A passed with JCIT Approval u/s 153D: ITAT [Read Order]")
![TPOs Failure to Adopt Prescribed Benchmarking Method u/s 92C: ITAT Deletes Protective TP Addition on Interest Income [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108703-itat-pune-tpo-taxscan.webp "TPOs Failure to Adopt Prescribed Benchmarking Method u/s 92C: ITAT Deletes Protective TP Addition on Interest Income [Read Order]")
![Seized Cash Once Taxed in Brother’s Hands cannot be Taxed Again: ITAT remands ₹4L Cash Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/250x150_2108599-itat-patna-seized-cash-taxscan.webp "Seized Cash Once Taxed in Brother’s Hands cannot be Taxed Again: ITAT remands ₹4L Cash Addition [Read Order]")
ITAT Upholds Capital Gains on Transfer of Development Rights under JDA: Remands to AO to Allow Indexed Cost of Acquisition [Read Order]
The Patna Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal, upholding the capital gains assessed on the transfer of development rights under a Joint Development Agreement (JDA),...
![ITAT Upholds Capital Gains on Transfer of Development Rights under JDA: Remands to AO to Allow Indexed Cost of Acquisition [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108604-itat-upholds-capital-gains-transfer-development-rightsm-jda-remands-ao-t-indexed-cost-acquisition-taxscan.webp "ITAT Upholds Capital Gains on Transfer of Development Rights under JDA: Remands to AO to Allow Indexed Cost of Acquisition [Read Order]")
ITAT Restores Appeal After Improper 249(4) Dismissal: CIT(A) Must Re-Examine Bogus Loan Addition Based on Third Party Statements [Read Order]
The ITAT ruled the CIT(A) wrongly dismissed the appeal and ordered fresh review of the Section 68 addition based only on third-party statements. The Jaipur Bench of the Income Tax Appellate...
![ITAT Restores Appeal After Improper 249(4) Dismissal: CIT(A) Must Re-Examine Bogus Loan Addition Based on Third Party Statements [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108575-itat-11.webp "ITAT Restores Appeal After Improper 249(4) Dismissal: CIT(A) Must Re-Examine Bogus Loan Addition Based on Third Party Statements [Read Order]")
Delay in Filing Income Tax Audit Report by Trust: AP HC Condones Delay noting Covid-19 issues and Treasurer’s Advanced Age [Read Order]
The Andhra Pradesh High Court has condoned the delay in filing the income tax audit report (Form 10B) by a religious charitable trust, considering the Covid-19 disruptions and the advanced age of...
![Delay in Filing Income Tax Audit Report by Trust: AP HC Condones Delay noting Covid-19 issues and Treasurer’s Advanced Age [Read Order]](https://images.taxscan.in/h-upload/2025/12/06/500x300_2110495-tax-audit-report-taxscan.jfif "Delay in Filing Income Tax Audit Report by Trust: AP HC Condones Delay noting Covid-19 issues and Treasurer’s Advanced Age [Read Order]")
ITAT Restores 10(23C)(vi) Exemption to Education Trust: Finds No Evidence of Personal Benefit or Misuse of Funds [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal of Scholars Education Trust of India, restoring the exemption granted under Section 10(23C)(vi) after holding that...
![ITAT Restores 10(23C)(vi) Exemption to Education Trust: Finds No Evidence of Personal Benefit or Misuse of Funds [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108600-itat-exemption-education-funds-taxscan.webp "ITAT Restores 10(23C)(vi) Exemption to Education Trust: Finds No Evidence of Personal Benefit or Misuse of Funds [Read Order]")
Income Tax Dept cannot Recover beyond 20% of Disputed Demand by Adjusting Refund: Calcutta HC [Read Order]
The Calcutta High Court has held that the tax authorities cannot recover more than 20% of a disputed demand by adjusting refunds for other assessment years while the statutory appeal against the...
![Income Tax Dept cannot Recover beyond 20% of Disputed Demand by Adjusting Refund: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/06/500x300_2110451-income-tax-dept-disputed-demand-refund-calcutta-hc-taxscan.webp "Income Tax Dept cannot Recover beyond 20% of Disputed Demand by Adjusting Refund: Calcutta HC [Read Order]")
Revenue cannot take advantage of Clerical mistakes in ITR Filing: ITAT grants Income Tax Exemption for Trust [Read Order]
Revenue cannot take advantage of clerical mistakes in ITR Filing: ITAT grants Income Tax Exemption for Trust The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) granted an income tax...
![Revenue cannot take advantage of Clerical mistakes in ITR Filing: ITAT grants Income Tax Exemption for Trust [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/500x300_2110319-mistakes-in-itr-filing-taxscan.jfif "Revenue cannot take advantage of Clerical mistakes in ITR Filing: ITAT grants Income Tax Exemption for Trust [Read Order]")
Sales Commission to Director’s Relatives allowable when Services Proven: ITAT Deletes ₹35.38 Lakh Disallowance [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bangalore Bench, has deleted a disallowance of ₹35.38 lakh made by the Assessing Officer (AO) towards sales commission paid to the relatives of the...
![Sales Commission to Director’s Relatives allowable when Services Proven: ITAT Deletes ₹35.38 Lakh Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110186-director-relatives-allowable-services-proven-taxscan.webp "Sales Commission to Director’s Relatives allowable when Services Proven: ITAT Deletes ₹35.38 Lakh Disallowance [Read Order]")