Post-ITR Filing Burnout as a Tax/Finance Professional? How to Deal with It and Know When to Seek Help
Income Tax Return (ITR) filing season pushes many finance professionals-CAs (Chartered Accountants), CS (Company Secretaries), tax practitioners,...
![[BREAKING] CBDT extends ITR Deadline by 1 Day following Portal Issues](https://images.taxscan.in/h-upload/2025/09/15/2087709-extension.webp "[BREAKING] CBDT extends ITR Deadline by 1 Day following Portal Issues")
![Commercial Land Treated as Agricultural in NH-28 Acquisition: Patna HC Permits Petitioner to Claim Income Tax Refund on Compensation [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087592-compensation-taxscan.webp "Commercial Land Treated as Agricultural in NH-28 Acquisition: Patna HC Permits Petitioner to Claim Income Tax Refund on Compensation [Read Order]")
![Sales Tax Subsidy under Backward Area Development Scheme Classified as Capital Receipt: ITAT Excludes Computation u/s. 115JB [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087575-capital-receipt-taxscan.webp "Sales Tax Subsidy under Backward Area Development Scheme Classified as Capital Receipt: ITAT Excludes Computation u/s. 115JB [Read Order]")
Rajasthan HC Directs Income Tax Dept to Refund Rs. 24.06 Lakh with 12% Interest for Withholding Money without Demand Order [Read Order]
The Rajasthan High Court ruled that the Income Tax Department could not retain money collected during a search without passing a valid demand order, and directed it to refund the amount along with...
![Rajasthan HC Directs Income Tax Dept to Refund Rs. 24.06 Lakh with 12% Interest for Withholding Money without Demand Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087642-rajasthan-hc-income-tax-dept-refund-interest-money-demand-order-taxscan.webp "Rajasthan HC Directs Income Tax Dept to Refund Rs. 24.06 Lakh with 12% Interest for Withholding Money without Demand Order [Read Order]")
Excess Depreciation on Intangible Assets Allowed: ITAT Upholds Consistency in Nirma’s Case [Read Order]
The Income Tax Appellate Tribunal (ITAT), ITAT Ahmedabad Bench, has ruled in favor of the assessee on the issue of depreciation claimed on intangible assets, rejecting the Revenue’s attempt to...
![Excess Depreciation on Intangible Assets Allowed: ITAT Upholds Consistency in Nirma’s Case [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087570-itat-ahmedabad-excess-depreciation-intangible-assets-taxscan.webp "Excess Depreciation on Intangible Assets Allowed: ITAT Upholds Consistency in Nirma’s Case [Read Order]")
‘Service Unavailable’: Income Tax Portal Crashes Ahead of Deadline, Will CBDT Announce Extension?
On the final day of filing, professionals and taxpayers across were left feeling uneasy when the Income Tax electronic filing portal continued to display "Service Unavailable" problems on Sunday night...
Depreciation on Goodwill Arising from Amalgamation Valid: ITAT Clarifies Prospective Effect of Finance Act Amendments [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has ruled in favor of the assessee on the issue of depreciation on goodwill, holding that depreciation is allowable on goodwill arising from...
![Depreciation on Goodwill Arising from Amalgamation Valid: ITAT Clarifies Prospective Effect of Finance Act Amendments [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087563-amalgamation-valid-taxscan.webp "Depreciation on Goodwill Arising from Amalgamation Valid: ITAT Clarifies Prospective Effect of Finance Act Amendments [Read Order]")
No Tangible Material to Justify AO’s Profit Assessment of ₹69 Crores: ITAT Quashes Reassessment Against S.C. Johnson Pvt. Ltd. [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi, has struck down reassessment proceedings, holding that the Assessing Officer’s (AO) computation of book profits at over ₹69 crores was unsupported...
![No Tangible Material to Justify AO’s Profit Assessment of ₹69 Crores: ITAT Quashes Reassessment Against S.C. Johnson Pvt. Ltd. [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087513-itat-delhi-sc-johnson-case-reassessment-quashed-taxscan.webp "No Tangible Material to Justify AO’s Profit Assessment of ₹69 Crores: ITAT Quashes Reassessment Against S.C. Johnson Pvt. Ltd. [Read Order]")
Depreciation on Goodwill Arising from Amalgamation Allowed in Book Profits: ITAT Rules in Favour of S.C. Johnson Pvt. Ltd. [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi, has upheld a corporate taxpayer’s accounting treatment of goodwill arising out of amalgamation, ruling that amortization of goodwill is allowed...
![Depreciation on Goodwill Arising from Amalgamation Allowed in Book Profits: ITAT Rules in Favour of S.C. Johnson Pvt. Ltd. [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087510-depreciation-on-goodwill-arising-goodwill-arising-book-profits-taxscan.webp "Depreciation on Goodwill Arising from Amalgamation Allowed in Book Profits: ITAT Rules in Favour of S.C. Johnson Pvt. Ltd. [Read Order]")
Income Tax Dept can Conduct Surprise Searches on Family’s Lockers over Suspicion of Undisclosed Assets: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that the Income Tax Department can conduct surprise searches on family lockers under Section 132 of the Income Tax Act, 1961, if there are valid reasons...
![Income Tax Dept can Conduct Surprise Searches on Family’s Lockers over Suspicion of Undisclosed Assets: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087478-2041942-locker-rentals.webp "Income Tax Dept can Conduct Surprise Searches on Family’s Lockers over Suspicion of Undisclosed Assets: Delhi HC [Read Order]")