![Mismatch in Form 26AS Led to ₹15.43 lakh Addition: ITAT Remands Matter to AO for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/500x300_2069406-itat-addition-taxscan.webp "Mismatch in Form 26AS Led to ₹15.43 lakh Addition: ITAT Remands Matter to AO for Verification [Read Order]")
Mismatch in Form 26AS Led to ₹15.43 lakh Addition: ITAT Remands Matter to AO for Verification [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter to the Assessing Officer (AO) for verification, after noting that...
![Madras HC Holds Income Tax Revision u/s 263 Time-Barred as Limitation Must Be Computed from Original Assessment Date [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/250x150_2069394-madras-hc-income-tax-revision-us-263-time-barred-limitation-computed-original-assessment-date-taxscan.webp "Madras HC Holds Income Tax Revision u/s 263 Time-Barred as Limitation Must Be Computed from Original Assessment Date [Read Order]")
![ITAT Allows LTCG Exemption u/s 10(38) as Inherited Shares Were Held Long-Term, Deletes STCG Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/250x150_2069358-fraudulent-capital-gain-capital-gain-itat-taxscan.webp "ITAT Allows LTCG Exemption u/s 10(38) as Inherited Shares Were Held Long-Term, Deletes STCG Addition [Read Order]")
![Addition u/s 69C for Alleged Bogus Purchases: ITAT Restricts Disallowance to 8% Citing Accepted Sales and Audited Records [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/250x150_2069350-disallowance-taxscan.webp "Addition u/s 69C for Alleged Bogus Purchases: ITAT Restricts Disallowance to 8% Citing Accepted Sales and Audited Records [Read Order]")
Assessee Denied Minimum time of 7 Days to Respond to Income Tax SCN: Telangana HC Quashes Assessment for Violating CBDT SOP [Read Order]
In a recent ruling, the Telangana High Court quashed an income tax show-cause notice (SCN) and assessment order noting that the Income Tax Department failed to adhere to its own Standard Operating...
![Assessee Denied Minimum time of 7 Days to Respond to Income Tax SCN: Telangana HC Quashes Assessment for Violating CBDT SOP [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/500x300_2069304-scn-income-tax-taxscan.webp "Assessee Denied Minimum time of 7 Days to Respond to Income Tax SCN: Telangana HC Quashes Assessment for Violating CBDT SOP [Read Order]")
Income Tax Reassessment without Faceless Procedure Illegal: Telangana HC Quashes Notices u/s 148A and 148 [Read Order]
The Telangana High Court recently quashed an income tax reassessment notice, noting that the Department failed to initiate proceedings as per the mandatory faceless procedure, in violation of...
![Income Tax Reassessment without Faceless Procedure Illegal: Telangana HC Quashes Notices u/s 148A and 148 [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/500x300_2069282-itat-itat-mumbai-income-tax-income-tax-reassessment-director-general-pcit-pccit-approval-director-general-approval-taxscan-1.webp "Income Tax Reassessment without Faceless Procedure Illegal: Telangana HC Quashes Notices u/s 148A and 148 [Read Order]")
₹25 Lakh Loan from Unverified Entity: Delhi HC Dismisses Income Tax Appeal for Lack of Genuineness and Creditworthiness [Read Order]
The High Court of Delhi, dismissed an income tax appeal involving a ₹25 lakh loan received from an unverified entity, M/s Oxygen Projects Pvt. Ltd., due to lack of evidence establishing the...
![₹25 Lakh Loan from Unverified Entity: Delhi HC Dismisses Income Tax Appeal for Lack of Genuineness and Creditworthiness [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068969-loan-from-unverified-entity-unverified-entity-delhi-hc-delhi-hc-dismisses-income-tax-appeal-taxscan.webp "₹25 Lakh Loan from Unverified Entity: Delhi HC Dismisses Income Tax Appeal for Lack of Genuineness and Creditworthiness [Read Order]")
Income Tax Dept has No Statutory Power to Cancel Sale Deeds : Madras HC Quashes Attachment Order [Read Order]
The Madras High Court, while quashing the attachment order passed by the TaxRecovery Officer ( TRO ), ruled that there is no statutory provision in favour of the income tax department to annul or...
![Income Tax Dept has No Statutory Power to Cancel Sale Deeds : Madras HC Quashes Attachment Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068953-income-tax-department-cancel-sale-deeds-taxscan.webp "Income Tax Dept has No Statutory Power to Cancel Sale Deeds : Madras HC Quashes Attachment Order [Read Order]")
CBI Nabs Assistant Director (IRS) of Income Tax Dept and Other Two Red Handed while Accepting ₹2 Lakh Bribe
The Central Bureau of Investigation ( CBI ) has arrested three officials of the Income Tax Department, including an Assistant Director (IRS), an Inspector, and a Multi-Tasking Staff (MTS), on...
Denial of Hearing Despite Prior Direction of Coordinate Bench: Calcutta HC Sets Aside Income Tax Order, Remands Matter to NFAC [Read Order]
The High Court of Calcutta, set aside the income tax order passed under Section 250 of the Income Tax Act,1961 and remanded the matter to the National Faceless Appeal Centre (NFAC), observing that...
![Denial of Hearing Despite Prior Direction of Coordinate Bench: Calcutta HC Sets Aside Income Tax Order, Remands Matter to NFAC [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068876-calcutta-high-court-nfac-income-tax-taxscan.webp "Denial of Hearing Despite Prior Direction of Coordinate Bench: Calcutta HC Sets Aside Income Tax Order, Remands Matter to NFAC [Read Order]")
Religious Activity Struck Down in Trust Deed: ITAT Holds Charitable Nature for S. 80G Approval Citing Non Violation of 5% Threshold Limit [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) held that the trust qualifies for approval under Section 80G ofthe Income Tax Act, 1961, as the religious clause in its deed was struck off...
![Religious Activity Struck Down in Trust Deed: ITAT Holds Charitable Nature for S. 80G Approval Citing Non Violation of 5% Threshold Limit [Read Order]](https://images.taxscan.in/h-upload/2025/07/25/500x300_2068814-itat-surat-threshold-limit-trust-taxscan.webp "Religious Activity Struck Down in Trust Deed: ITAT Holds Charitable Nature for S. 80G Approval Citing Non Violation of 5% Threshold Limit [Read Order]")