![Chhattisgarh HC Disposes of Income Tax Appeal as Tax Effect Falls Below Revised ₹2 Cr Threshold [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/500x300_2051705-incometax-appeal-taxscan.webp "Chhattisgarh HC Disposes of Income Tax Appeal as Tax Effect Falls Below Revised ₹2 Cr Threshold [Read Order]")
Chhattisgarh HC Disposes of Income Tax Appeal as Tax Effect Falls Below Revised ₹2 Cr Threshold [Read Order]
The Chhattisgarh High Court (HC) disposed of an income tax appeal filed by the Department against M/s Sanjay Agrawal, after the appellant cited a...
![Necessity for Verification of Capital and stock balances: ITAT Remits Rs. 7 Cr Income Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051624-income-tax-addition-site-img.webp "Necessity for Verification of Capital and stock balances: ITAT Remits Rs. 7 Cr Income Addition [Read Order]")
![Assessment of Bread Manufacturers Capital Withdrawals and Receivables Not Erroneous: ITAT Quashes PCITs Revision Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051614-itat-itat-delhi-itat-quashes-pcit-revision-taxscan.webp "Assessment of Bread Manufacturers Capital Withdrawals and Receivables Not Erroneous: ITAT Quashes PCITs Revision Order [Read Order]")
![Loose Computerized Sheet Found at Taxpayer’s Premises Not Corroborative Evidence: ITAT Deletes ₹7 Crore Addition and Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051593-itat-loose-computerized-sheet-taxpayers-evidence-addition-penalty-taxscan.webp "Loose Computerized Sheet Found at Taxpayer’s Premises Not Corroborative Evidence: ITAT Deletes ₹7 Crore Addition and Penalty [Read Order]")
![Relief of Tata Teleservices: ITAT Rules Pre-Operative Expenses for Telecom Business Expansion as Revenue Expenditure, Allows Full Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051568-itat-itat-delhi-tata-teleservices-taxscan.webp "Relief of Tata Teleservices: ITAT Rules Pre-Operative Expenses for Telecom Business Expansion as Revenue Expenditure, Allows Full Deduction [Read Order]")
Assessee Denied Chance to Present Case on TDS Credit for Client Funds, ITAT Rules for Fresh Hearing [Read Order]
The Income Tax Appellate Tribunal (ITAT), Lucknow Bench, has set aside three appellate orders concerning the assessment years 2014–15, 2015–16, and 2016–17, after holding that the assessee was not...
![Assessee Denied Chance to Present Case on TDS Credit for Client Funds, ITAT Rules for Fresh Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/500x300_2050142-tds-credit-client-funds-itat-taxscan.webp "Assessee Denied Chance to Present Case on TDS Credit for Client Funds, ITAT Rules for Fresh Hearing [Read Order]")
Dividend Paid to IFC Exempt from Dividend Distribution Tax Under Overriding Immunity of IFC Act, 1958: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that dividends paid to the International Finance Corporation (IFC) are exempt from DividendDistribution Tax (DDT) under Section...
![Dividend Paid to IFC Exempt from Dividend Distribution Tax Under Overriding Immunity of IFC Act, 1958: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050593-dividend-paid-to-ifc-exempt-ifc-exempt-from-dividend-distribution-dividend-distribution-tax-taxscan.webp "Dividend Paid to IFC Exempt from Dividend Distribution Tax Under Overriding Immunity of IFC Act, 1958: ITAT [Read Order]")
S. 80P Deduction not to be Denied to Co-operative Societies for Belated Returns, if Claim is Valid: ITAT [Read Order]
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) has recently delivered a noteworthy decision addressing the eligibility of co-operative societies to claim deductions under Section 80P...
![S. 80P Deduction not to be Denied to Co-operative Societies for Belated Returns, if Claim is Valid: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/500x300_2051537-itat-itat-rajkot-section-80p-deduction-taxscan.webp "S. 80P Deduction not to be Denied to Co-operative Societies for Belated Returns, if Claim is Valid: ITAT [Read Order]")
Accommodation Entry Transactions: ITAT quashes Revision Order upholding Plausible View by AO [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a revision order passed under Section 263 of the Income Tax Act, 1961, in a case involving alleged accommodation entry...
![Accommodation Entry Transactions: ITAT quashes Revision Order upholding Plausible View by AO [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/500x300_2051516-itat-itat-ahmedabad-itat-quashes-revision-order-taxscan.webp "Accommodation Entry Transactions: ITAT quashes Revision Order upholding Plausible View by AO [Read Order]")
ITR Filed 2 Seconds Late due to Glitches in Income Tax portal: ITAT directs to Treat Filed in Time [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) has upheld the validity of an income tax return filed 2 seconds late due to technical glitches and rush on the Income Tax e-filingportal...
![ITR Filed 2 Seconds Late due to Glitches in Income Tax portal: ITAT directs to Treat Filed in Time [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050606-itr-itr-filed-late-due-to-glitches-glitches-in-income-tax-portal-income-tax-portal-taxscan.webp "ITR Filed 2 Seconds Late due to Glitches in Income Tax portal: ITAT directs to Treat Filed in Time [Read Order]")
Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) recently directed the Assessing Officer (AO) to re-examine whether the VoluntaryRetirement Scheme (VRS) issue compensation amount was...
![Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/500x300_2051143-deduction-deduction-of-vrs-compensation-vrs-compensation-by-auto-dealer-taxscan.webp "Deduction of VRS Compensation by Auto Dealer: ITAT Remands to Verify if Amount was Disallowed while Computing Income [Read Order]")
Bombay HC directs Income Tax Commissioner to decide Royalty on Payment for Transponder Services [Read Order]
In a decision affecting how payments for satellite transponder services are taxed, the BombayHigh Court has ordered the Income Tax Commissioner (Appeals) to closely examine whether fees paid for...
![Bombay HC directs Income Tax Commissioner to decide Royalty on Payment for Transponder Services [Read Order]](https://images.taxscan.in/h-upload/2025/06/20/500x300_2051157-bombay-hc-bombay-hc-directs-income-tax-commissioner-income-tax-commissioner-taxscan.webp "Bombay HC directs Income Tax Commissioner to decide Royalty on Payment for Transponder Services [Read Order]")