![Relief for Goldman Sachs: ITAT Sets Aside Disallowance of Rs. 1.87 Crore Occupancy Expenses, Directs AO to Verify Claim Afresh [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090113-goldman-sachs-itat-occupancy-expenses-directs-ao-taxscan.webp "Relief for Goldman Sachs: ITAT Sets Aside Disallowance of Rs. 1.87 Crore Occupancy Expenses, Directs AO to Verify Claim Afresh [Read Order]")
Relief for Goldman Sachs: ITAT Sets Aside Disallowance of Rs. 1.87 Crore Occupancy Expenses, Directs AO to Verify Claim Afresh [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) granted relief to Goldman Sachs (India) Finance Pvt. Ltd., setting aside the disallowance...
![[BREAKING] Rajasthan HC directs CBDT to extend Income Tax Audit Deadline](https://images.taxscan.in/h-upload/2025/09/22/2089542-income-tax-audit.webp "[BREAKING] Rajasthan HC directs CBDT to extend Income Tax Audit Deadline")
![Improper Email Service and CA’s Demise is Valid Cause for Non-Compliance: ITAT restores Income Tax Appeal for Fresh Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090142-email-service-ca-valid-cause-for-non-compliance-taxscan.webp "Improper Email Service and CA’s Demise is Valid Cause for Non-Compliance: ITAT restores Income Tax Appeal for Fresh Hearing [Read Order]")
![Foreign Currency Derivative Losses Allowed as Business Expenditure: ITAT quashes Revisionary Income Tax Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090135-foreign-currency-derivative-losses-business-expenditure-taxscan.webp "Foreign Currency Derivative Losses Allowed as Business Expenditure: ITAT quashes Revisionary Income Tax Order [Read Order]")
![Co-Op Society cannot Claim Income Tax Deduction on Interest from Regional Rural Bank Deposits: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090126-itat-section-80p-rural-banks-taxscan.webp "Co-Op Society cannot Claim Income Tax Deduction on Interest from Regional Rural Bank Deposits: ITAT [Read Order]")
ITAT Sets Aside Deletion of ₹1.43 Crore Unexplained Cash Deposits in Income Tax Dispute due to Absence of Critical Supporting Evidence [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has set aside the deletion of income tax additions made towards unexplained cash deposits and alleged cash payments by Ingeneric...
![ITAT Sets Aside Deletion of ₹1.43 Crore Unexplained Cash Deposits in Income Tax Dispute due to Absence of Critical Supporting Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090128-itat-cash-deposits-income-tax-taxscan.webp "ITAT Sets Aside Deletion of ₹1.43 Crore Unexplained Cash Deposits in Income Tax Dispute due to Absence of Critical Supporting Evidence [Read Order]")
Cash Deposits of ₹1.31 Lakh During Demonetisation Treated as Unexplained Income: ITAT Deletes Addition, Accepts as Rent Received in Cash [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) deleted an addition of ₹1.31 lakh treated as unexplained income under section 69A of Income TaxAct,1961 during the demonetisation period...
![Cash Deposits of ₹1.31 Lakh During Demonetisation Treated as Unexplained Income: ITAT Deletes Addition, Accepts as Rent Received in Cash [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090100-itat-kolkata-unexplained-income-cash-deposits-taxscan.webp "Cash Deposits of ₹1.31 Lakh During Demonetisation Treated as Unexplained Income: ITAT Deletes Addition, Accepts as Rent Received in Cash [Read Order]")
Rajasthan High Court to Further Hear PIL on Income Tax Portal Glitches Today, Instruction on Deadline Extensions Sought
The Rajasthan High Court at Jodhpur on Wednesday granted a same-day hearing to a Public Interest Litigation filed by the Tax Bar Association, Jodhpur challenging persistent technical failures on the...
Applicability of 10% tolerance u/s 43CA: ITAT allows Retrospective Benefit, Sets Aside S.263 order [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) allowed retrospective benefit of 10% tolerance under section 43CA of Income Tax Act,1961 and set aside the section 263 order. Sai...
![Applicability of 10% tolerance u/s 43CA: ITAT allows Retrospective Benefit, Sets Aside S.263 order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090027-itat-retrospective-benefit-taxscan.webp "Applicability of 10% tolerance u/s 43CA: ITAT allows Retrospective Benefit, Sets Aside S.263 order [Read Order]")
Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT) quashed the notice and reassessment order, holding that the reassessment beyond six-year limit for income under ₹50 lakh was invalid. ...
![Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090121-reassessment-income-tax-notice-taxscan.webp "Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]")
Cash Deposit of Rs. 8 Lakh from Sale of Casuarina Trees Treated as ‘Income from Other Sources’: ITAT Deletes Addition [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) deleted an addition of Rs. 8,00,000 made by the Assessing Officer (AO), which was treated as ‘income from other sources’ despite being a ...
![Cash Deposit of Rs. 8 Lakh from Sale of Casuarina Trees Treated as ‘Income from Other Sources’: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090089-cash-deposit-sale-of-casuarina-trees-casuarina-trees-taxscan.webp "Cash Deposit of Rs. 8 Lakh from Sale of Casuarina Trees Treated as ‘Income from Other Sources’: ITAT Deletes Addition [Read Order]")
Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition and allowed the claim of Rs. 2.3 lakh paid as compensation to workers during the strike period. Engineering...
![Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090061-disallowance-compensation-to-workers-strike-period-itat-taxscan.webp "Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]")