![Interest on Enhanced Compensation forms Part of Compensation, Exempted from Income Tax u/s 10(37) and RFCTLARR Act: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092816-compensation-forms-income-tax-rfctlarr-act-itat-taxscan.webp "Interest on Enhanced Compensation forms Part of Compensation, Exempted from Income Tax u/s 10(37) and RFCTLARR Act: ITAT [Read Order]")
Interest on Enhanced Compensation forms Part of Compensation, Exempted from Income Tax u/s 10(37) and RFCTLARR Act: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) ruled that interest on enhanced compensation can be considered as part of ...
![Net Taxable Interest Higher Than Expense Bars Disallowance u/s. 14A: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092772-net-taxable-interest-expense-bars-disallowance-itat-taxscan.webp "Net Taxable Interest Higher Than Expense Bars Disallowance u/s. 14A: ITAT [Read Order]")
![ITAT grants Relief to Wadhwagroup Holdings Deleting Disallowances Amounting ₹213.04 crore [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092760-disallowance-taxscan.webp "ITAT grants Relief to Wadhwagroup Holdings Deleting Disallowances Amounting ₹213.04 crore [Read Order]")
![Compounding Fees from Illegal Mining Treated as ‘Transfer of Rights’: ITAT confirms TCS Liability u/s 206C(1C) of Income Tax Act Against Mining Officer [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092781-compounding-fees-from-illegal-mining-itat-tcs-income-tax-act-taxscan.webp "Compounding Fees from Illegal Mining Treated as ‘Transfer of Rights’: ITAT confirms TCS Liability u/s 206C(1C) of Income Tax Act Against Mining Officer [Read Order]")
![Bombay HC upholds ITAT Order quashing Revision by PCIT, rules in Favour of Gehna Jewellers despite Non-Furnishing of Carat Wise Details [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092854-revision-taxscan.webp "Bombay HC upholds ITAT Order quashing Revision by PCIT, rules in Favour of Gehna Jewellers despite Non-Furnishing of Carat Wise Details [Read Order]")
![Delay in Issuing S.143(2) Notice: ITAT quashes Income Tax Reassessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092794-reassessment-order-itat-taxscan.webp "Delay in Issuing S.143(2) Notice: ITAT quashes Income Tax Reassessment Order [Read Order]")
Trucks Registered in Partners’ Names Still Eligible for Depreciation: ITAT Upholds Relief to Surat Road King in Income Tax Appeal [Read Order]
The bench of the Income Tax Appellate Tribunal, Mumbai, held that depreciation on trucks registered in the names of partners but purchased and used by the partnership firm is allowable, thereby...
![Trucks Registered in Partners’ Names Still Eligible for Depreciation: ITAT Upholds Relief to Surat Road King in Income Tax Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092756-trucks-registered-itat-surat-road-income-tax-appeal-taxscan.webp "Trucks Registered in Partners’ Names Still Eligible for Depreciation: ITAT Upholds Relief to Surat Road King in Income Tax Appeal [Read Order]")
![Bombay HC admits Revenue Appeal against ITAT Order Deleting Cash Expense Disallowance u/s 40A(3) [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092746-income-tax-act-cash-transaction-overview-of-cash-transaction-tax-evasion-non-cash-payments-reduce-tax-evasion-cash-transaction-provisions-taxscan-1.webp "Bombay HC admits Revenue Appeal against ITAT Order Deleting Cash Expense Disallowance u/s 40A(3) [Read Order]")
Bombay HC admits Revenue Appeal on Income Tax TDS Applicability and Profit Taxability for Joint Ventures u/s 194C [Read Order]
The Bombay High Court has admitted an appeal filed by the Principal Commissioner of Income Tax-3, Pune, challenging the Income Tax Appellate Tribunal (ITAT), Pune’s decision in favour of Subhash and...
![Bombay HC admits Revenue Appeal on Income Tax TDS Applicability and Profit Taxability for Joint Ventures u/s 194C [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/2092749-bombay-hc-revenue-appeal-income-tax-tds-joint-ventures-taxscan.webp "Bombay HC admits Revenue Appeal on Income Tax TDS Applicability and Profit Taxability for Joint Ventures u/s 194C [Read Order]")
Natural Justice Violations: ITAT restores Foundation’s Applications for Income Tax Section 12AB and 80G Registration [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has set aside orders of the Commissioner of Income Tax (Exemptions) [CIT(E)], which had rejected Shree Gopinathji Jyotipith Foundation’s...
![Natural Justice Violations: ITAT restores Foundation’s Applications for Income Tax Section 12AB and 80G Registration [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/2092519-natural-justice-violations-itat-taxscan.webp "Natural Justice Violations: ITAT restores Foundation’s Applications for Income Tax Section 12AB and 80G Registration [Read Order]")
“Commercial Activity”: ITAT denies Section 10(23C) Exemption to Trust Running Hostels for Non-Students [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has ruled that Shree Vallabh Seva Kendra, a charitable trust, is not eligible for exemption under Section 10(23C)(vi) of the Income Tax...
![“Commercial Activity”: ITAT denies Section 10(23C) Exemption to Trust Running Hostels for Non-Students [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/2092516-itat-itat-bangalore-assessments-tax-exemption-taxscan-1.webp "“Commercial Activity”: ITAT denies Section 10(23C) Exemption to Trust Running Hostels for Non-Students [Read Order]")
ITAT allows Reconciliation with GST Records, deletes Addition on Alleged Unaccounted Gold Stock [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has deleted an addition of ₹4,78,500 made under Section 69A of the Income Tax Act, 1961, on alleged unaccounted gold stock. The Tribunal accepted...
![ITAT allows Reconciliation with GST Records, deletes Addition on Alleged Unaccounted Gold Stock [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/2092515-download-4.webp "ITAT allows Reconciliation with GST Records, deletes Addition on Alleged Unaccounted Gold Stock [Read Order]")