![ITAT Grants Lifeline to Absentee Assessee, Slams CIT(A) for No-Reason Ex-Parte Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091727-itat-grants-lifeline-lifeline-assessee-taxscan.webp "ITAT Grants Lifeline to Absentee Assessee, Slams CIT(A) for No-Reason Ex-Parte Order [Read Order]")
ITAT Grants Lifeline to Absentee Assessee, Slams CIT(A) for "No-Reason" Ex-Parte Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Agra Bench, has set aside an ex-parte order that confirmed a major addition against an assessee,...
![Clerical Error Cant Sink Charity Application, ITAT Sides with Trust in Registration Row [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091724-charity-application-itat-trust-trust-in-registration-taxscan.webp "Clerical Error Cant Sink Charity Application, ITAT Sides with Trust in Registration Row [Read Order]")
![ITAT Directs AO to Grant TDS Credit of Rs. 9.04 Lakh, Finds No Mismatch With Form 26AS [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091710-itat-tds-credit-form-26as-grant-tds-credit-taxscan.webp "ITAT Directs AO to Grant TDS Credit of Rs. 9.04 Lakh, Finds No Mismatch With Form 26AS [Read Order]")
![Advance Income from AMC Contracts not Taxable Entirely on Invoicing: ITAT grants Relief to HP India Confirming Consistent Accounting Method, allows Proportionate TDS Credit [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091523-2090381-allegation-turnover-itat-hp-india-taxscan-1.webp "Advance Income from AMC Contracts not Taxable Entirely on Invoicing: ITAT grants Relief to HP India Confirming Consistent Accounting Method, allows Proportionate TDS Credit [Read Order]")
Software Exports and Foreign Exchange Fluctuation Gains: ITAT upholds Section 10A Income Tax Exemption [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) dismissed the appeal of the revenue and upheld the CIT(A) order. The tribunal upheld the exemption under section 10A on software exports...
![Software Exports and Foreign Exchange Fluctuation Gains: ITAT upholds Section 10A Income Tax Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091536-software-exports-foreign-exchange-fluctuation-gains-itat-income-tax-exemption-taxscan.webp "Software Exports and Foreign Exchange Fluctuation Gains: ITAT upholds Section 10A Income Tax Exemption [Read Order]")
Settled Issues against Income Tax Assessment Order passed u/s 143 not Challengable: Delhi HC dismisses appeal against Maruti Suzuki [Read Order]
The Delhi High Court dismissed the revenue’s appeal in the Maruti Suzuki case regarding the Income Tax Assessment Order passed under Section 143 of the Income Tax Act, 1961. It was observed that the...
![Settled Issues against Income Tax Assessment Order passed u/s 143 not Challengable: Delhi HC dismisses appeal against Maruti Suzuki [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091513-maruti-suzuki-taxscan.webp "Settled Issues against Income Tax Assessment Order passed u/s 143 not Challengable: Delhi HC dismisses appeal against Maruti Suzuki [Read Order]")
No Disallowance u/s. 40(a)(ia) where TDS on Buyback of Shares Paid Not Claimed in P&L but Adjusted Against Reserves: ITAT upholds CIT(A) Order [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) dismissed the appeal of the revenue and upheld the CIT(A) order. The tribunal held that disallowance under Section 40(a)(ia) of the ...
![No Disallowance u/s. 40(a)(ia) where TDS on Buyback of Shares Paid Not Claimed in P&L but Adjusted Against Reserves: ITAT upholds CIT(A) Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/2091468-no-disallowance-itat-taxscan.webp "No Disallowance u/s. 40(a)(ia) where TDS on Buyback of Shares Paid Not Claimed in P&L but Adjusted Against Reserves: ITAT upholds CIT(A) Order [Read Order]")
Rs. 9.98 Lakh Income Tax Refund with Interest Delayed by Tax Authorities: Delhi HC Directs Payment within Eight Weeks [Read Order]
The High Court of Delhi, directed payment within eight weeks of Rs. 9.98 lakh as income tax refund along with interest for four assessment years which had been delayed by the tax authorities. ...
![Rs. 9.98 Lakh Income Tax Refund with Interest Delayed by Tax Authorities: Delhi HC Directs Payment within Eight Weeks [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091343-income-tax-refund-interest-delayed-tax-authorities-delhi-hc-directs-payment-taxscan.webp "Rs. 9.98 Lakh Income Tax Refund with Interest Delayed by Tax Authorities: Delhi HC Directs Payment within Eight Weeks [Read Order]")
Service Tax Disallowed u/s 43B from Existing Tax Audit Report Without Fresh Material: ITAT quashes Erroneous Reassessment by AO [Read Order]
The Indore bench of Income Tax Appellate Tribunal (ITAT) quashed the reassessment by the Assessing Officer (AO), holding that no new facts surfaced regarding the Service Tax disallowance under...
![Service Tax Disallowed u/s 43B from Existing Tax Audit Report Without Fresh Material: ITAT quashes Erroneous Reassessment by AO [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091269-itat-itat-ahmedabad-income-tax-audit-report-income-tax-return-taxscan.webp "Service Tax Disallowed u/s 43B from Existing Tax Audit Report Without Fresh Material: ITAT quashes Erroneous Reassessment by AO [Read Order]")
Addition of Rs. 1,17,538/- u/s 68 for Penny Stock Transactions: ITAT Deletes Addition as Assessee Incurred Short-Term Capital Loss, Not LTCG [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition of Rs. 1,17,538/- under Section 68 of Income Tax Act,1961,for penny stock transactions as the assessee incurred a...
![Addition of Rs. 1,17,538/- u/s 68 for Penny Stock Transactions: ITAT Deletes Addition as Assessee Incurred Short-Term Capital Loss, Not LTCG [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091295-short-term-capital-loss-taxscan.webp "Addition of Rs. 1,17,538/- u/s 68 for Penny Stock Transactions: ITAT Deletes Addition as Assessee Incurred Short-Term Capital Loss, Not LTCG [Read Order]")