![S. 12A Amendments on Timely Filing Apply from AY 2018-19, Not Retroactively: ITAT Allows Society’s Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-tax-exemption-for-societies.jpg "S. 12A Amendments on Timely Filing Apply from AY 2018-19, Not Retroactively: ITAT Allows Society’s Exemption [Read Order]")
S. 12A Amendments on Timely Filing Apply from AY 2018-19, Not Retroactively: ITAT Allows Society’s Exemption [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) ruled that amendments to Section 12A of the Income Tax Act, 1961 concerning the timely...
![Retracted Statement not Incriminating Material u/s 153A: Gauhati HC quashes ₹4.23 Cr Addition [Read Order]Â](https://www.taxscan.in/wp-content/uploads/2025/03/Gauhati-High-Court.jpg "Retracted Statement not Incriminating Material u/s 153A: Gauhati HC quashes ₹4.23 Cr Addition [Read Order]Â")
![Taxation of AOP: ITAT Allows Normal Tax Rates for Charitable Trust, Sets Aside CIT(A)’s Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Taxation-of-AOP-Normal-Tax-Rates-Charitable-Trust-taxscan.jpg "Taxation of AOP: ITAT Allows Normal Tax Rates for Charitable Trust, Sets Aside CIT(A)’s Order [Read Order]")
![ITAT Deletes Additions on Client Code Modifications in Commodity Trading Citing Genuine Transaction Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Service-Tax-Shapoorji-Pallonji-CESTAT-taxscan-1.jpg "ITAT Deletes Additions on Client Code Modifications in Commodity Trading Citing Genuine Transaction Verification [Read Order]")
![ITAT Upholds Overseas R&D Expenses as Capital Expenditure, Citing Consistency with Prior Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Upholds-RD-Expenses-Capital-Expenditure-Citing-Consistency-with-Prior-Years-Citing-Consistency-taxscan.jpg "ITAT Upholds Overseas R&D Expenses as Capital Expenditure, Citing Consistency with Prior Years [Read Order]")
Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) ruled that additions to income based solely on loose sheets, handwritten notations, or unregistered agreements are not sustainable under...
![Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/itat-siteimg.jpg "Loose Papers, Scribbled Notes, and Unregistered Agreements cannot be sole basis for Taxing Income: ITAT [Read Order]")
![ITAT affirms 8% Profit Rate Estimation for Government Contractor [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Government-Contracts-Tax.jpg "ITAT affirms 8% Profit Rate Estimation for Government Contractor [Read Order]")
S. 69B & S.69C additions on Survey- Declared Income not-sustainable: ITAT upholds Business Income Treatment [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the additions made by the Assessing Officer (AO) under Sections 69B and 69C were not sustainable and upheld the estimate of the...
![S. 69B & S.69C additions on Survey- Declared Income not-sustainable: ITAT upholds Business Income Treatment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/additions-on-Survey-additions-on-Survey-Declared-Survey-Income-Not-sustainable-ITAT-ITAT-upholds-Business-Income-Treatment-taxscan.jpg "S. 69B & S.69C additions on Survey- Declared Income not-sustainable: ITAT upholds Business Income Treatment [Read Order]")
![Relief to IRCS: ITAT Sets Aside CIT(E)s Rejection of Renewal Application u/s 80G(5)(iii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Ahmedabad-IRCS-Relief-to-IRCS-TAXSCAN.jpg "Relief to IRCS: ITAT Sets Aside CIT(E)s Rejection of Renewal Application u/s 80G(5)(iii) [Read Order]")
![ITAT Dismisses Appeal Over Excess Share Premium Tax as Assessee Fails to Appear [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Premium-Tax-Assessee-Fails-taxscan.jpg "ITAT Dismisses Appeal Over Excess Share Premium Tax as Assessee Fails to Appear [Read Order]")
Relief to Thomas Press: ITAT deletes Disallowance of Rs.1.23 Cr in Bad Debts due to Double Taxation [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT)granted relief to Thomas Press India Pvt.Ltd by deleting the disallowance of Rs. 1.23 crore in bad debts, noting that the adjustment against the...
![Relief to Thomas Press: ITAT deletes Disallowance of Rs.1.23 Cr in Bad Debts due to Double Taxation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/BadDebts-Double-Taxation.jpg "Relief to Thomas Press: ITAT deletes Disallowance of Rs.1.23 Cr in Bad Debts due to Double Taxation [Read Order]")
Relief to Thomson Press: ITAT Reduces 14A Disallowance from Rs. 7.67 Lakh to Rs. 6.31 Lakh [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) provided relief to Thomson Press India Ltd. by reducing the disallowance under Section 14A of Income Tax Act,1961 from Rs. 7.67 lakh to Rs....
![Relief to Thomson Press: ITAT Reduces 14A Disallowance from Rs. 7.67 Lakh to Rs. 6.31 Lakh [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Delhi-Relief-to-Thomson-Press-Thomson-Press-income-tax-case-TAXSCAN.jpg "Relief to Thomson Press: ITAT Reduces 14A Disallowance from Rs. 7.67 Lakh to Rs. 6.31 Lakh [Read Order]")