![Calcutta HC upholds ITAT’s Order setting aside income tax reassessment even When all accounts are clarified by supporting documents [Read Order]](https://images.taxscan.in/h-upload/2025/07/11/500x300_2062661-income-tax-reassessment.webp "Calcutta HC upholds ITAT’s Order setting aside income tax reassessment even When all accounts are clarified by supporting documents [Read Order]")
Calcutta HC upholds ITAT’s Order setting aside income tax reassessment even When all accounts are clarified by supporting documents [Read Order]
The Calcutta High Court upheld the Income Tax Appellate Tribunal ( ITAT)’s order setting aside the income tax reassessment even when all accounts...
![Common Area Maintenance Charges Not Taxable as Rental Income: ITAT Deletes ₹17.08 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/11/250x150_2062636-common-area-maintenance-charges-maintenance-charges-maintenance-charges-not-taxable-taxscan.webp "Common Area Maintenance Charges Not Taxable as Rental Income: ITAT Deletes ₹17.08 Lakh Addition [Read Order]")
![Dept Fails to Issue Mandatory Fresh 148A(b) Notice Post Faceless Reassessment Transition: Gujarat HC Quashes as Time-Barred [Read Order]](https://images.taxscan.in/h-upload/2025/07/11/250x150_2062616-itat-reassessment-income-tax-act-transaction-return-filed-calcutta-hc-appeal-taxscan-1.webp "Dept Fails to Issue Mandatory Fresh 148A(b) Notice Post Faceless Reassessment Transition: Gujarat HC Quashes as Time-Barred [Read Order]")
![Unexplained Cash Credits Taxable Despite Rejected Books: ITAT Upholds ₹6.58 Crore Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/250x150_2062503-unexplained-cash-credits-taxable-despite-rejected-books-itat-upholds-taxscan.webp "Unexplained Cash Credits Taxable Despite Rejected Books: ITAT Upholds ₹6.58 Crore Addition [Read Order]")
![Retrospective Amendment Inapplicable: ITAT Allows ₹2.32 Lakh Deduction for Trust’s Accumulated Fund Utilisation [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/250x150_2062465-retrospective-amendment-taxscan.webp "Retrospective Amendment Inapplicable: ITAT Allows ₹2.32 Lakh Deduction for Trust’s Accumulated Fund Utilisation [Read Order]")
ITAT Upholds Co-op Society’s Tax Exemption, Cites ‘Operational Funds’ to Reject Revenue’s Appeal on Interest Income [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s appeals and upheld the tax exemption granted to a Co-operative Credit Society under Section 80P of the Income...
![ITAT Upholds Co-op Society’s Tax Exemption, Cites ‘Operational Funds’ to Reject Revenue’s Appeal on Interest Income [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062434-coop-society-tax-taxscan.webp "ITAT Upholds Co-op Society’s Tax Exemption, Cites ‘Operational Funds’ to Reject Revenue’s Appeal on Interest Income [Read Order]")
Non-Compliance with Fresh Registration Requirement Following J&K Reorganisation: ITAT Rejects S. 12A Registration [Read Order]
The Amritsar Bench of the Income Tax Appellate Tribunal (ITAT) has refused to grant registration under section 12A of the Income Tax Act, 1961 and remanded the matter to the Commissioner of Income...
![Non-Compliance with Fresh Registration Requirement Following J&K Reorganisation: ITAT Rejects S. 12A Registration [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062428-non-compliance-with-fresh-registration-fresh-registration-requirement-following-jk-reorganisation-taxscan.webp "Non-Compliance with Fresh Registration Requirement Following J&K Reorganisation: ITAT Rejects S. 12A Registration [Read Order]")
![Real Estate Firm Backs Down: ITAT Formally Dismisses Uncontested Tax Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062430-real-estate-firm-itat-tax-appeal-taxscan.webp "Real Estate Firm Backs Down: ITAT Formally Dismisses Uncontested Tax Appeal [Read Order]")
Taxpayer Wins Remand Despite Lapses: ITAT Orders New Hearing on ₹34 Lakh Unexplained Credit [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an ex-parte appellate order and directed a fresh hearing in the case of the appellant, who faced an addition of ₹34,31,971...
![Taxpayer Wins Remand Despite Lapses: ITAT Orders New Hearing on ₹34 Lakh Unexplained Credit [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062424-itat-nagapur-unexplained-credit-taxpayer-taxscan.webp "Taxpayer Wins Remand Despite Lapses: ITAT Orders New Hearing on ₹34 Lakh Unexplained Credit [Read Order]")
![ITAT Grants Liquor Shop Owner Second Chance, Cites Natural Justice in Ex-Parte Case [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062417-kerala-high-court-kerala-state-beverages-corporation-liquor-outlets-in-kerala-forest-areas-in-kerala-excise-commissioner-taxscan.webp "ITAT Grants Liquor Shop Owner Second Chance, Cites Natural Justice in Ex-Parte Case [Read Order]")
Relief for UCIL: ITAT Finds No Penalty Warranted u/s 270A for Missed CSR Disallowance Due to Accountant’s Error [Read Order]
The Ranchi Bench of Income Tax Appellate Tribunal ( ITAT ) finds no penalty warranted under Section 270A of the Income Tax Act,1961, for missed Corporate Social Responsibility (CSR) disallowance...
![Relief for UCIL: ITAT Finds No Penalty Warranted u/s 270A for Missed CSR Disallowance Due to Accountant’s Error [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062412-ucil-relief-taxscan.webp "Relief for UCIL: ITAT Finds No Penalty Warranted u/s 270A for Missed CSR Disallowance Due to Accountant’s Error [Read Order]")
ITAT Can Allow 10% LTCG Rate on Unlisted Shares Despite No Revised Return if Facts Are on Record: Gujarat HC [Read Order]
In a recent ruling, the Gujarat High Court held that the Income Tax Appellate Tribunal (ITAT) can allow a 10% tax rate on long-term capital gains from the sale of unlisted shares even if the...
![ITAT Can Allow 10% LTCG Rate on Unlisted Shares Despite No Revised Return if Facts Are on Record: Gujarat HC [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062358-capital-gain-capital-gain-tax-long-term-capital-gain-will-removing-long-term-capital-gain-taxscan.webp "ITAT Can Allow 10% LTCG Rate on Unlisted Shares Despite No Revised Return if Facts Are on Record: Gujarat HC [Read Order]")