![No Basis for Cooperative Bank Status: ITAT Restores Society Status and Remands Disallowance Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/ITAT-Cooperative-bank-Taxscan.jpg "No Basis for Cooperative Bank Status: ITAT Restores Society Status and Remands Disallowance Matter [Read Order]")
No Basis for Cooperative Bank Status: ITAT Restores Society Status and Remands Disallowance Matter [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) restored its status as a Cooperative Society under the Income Tax Act, 1961, and set...
![ITAT Upholds Deletion of Disallowance on Technical Know-How Fees Paid by Jindal Pipes Citing Expenses Genuine and Necessary for Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/ITAT-ITAT-Upholds-Disallowance-Disallowance-on-Technical-taxscan.jpg "ITAT Upholds Deletion of Disallowance on Technical Know-How Fees Paid by Jindal Pipes Citing Expenses Genuine and Necessary for Business [Read Order]")
![Deduction u/s 80JJAA Cannot Be Denied Solely for Late Filing of Form 10DA Before Return Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Deduction-Solely-for-Late-Filing-Form-10DA-taxscan.jpg "Deduction u/s 80JJAA Cannot Be Denied Solely for Late Filing of Form 10DA Before Return Due Date: ITAT [Read Order]")
![Cash Seized During 2019 Elections: ITAT Quashes Assessments u/s 153A for Failure to Issue Certificate u/r 112F [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Cash-Seized-2019-Elections-taxscan.jpg "Cash Seized During 2019 Elections: ITAT Quashes Assessments u/s 153A for Failure to Issue Certificate u/r 112F [Read Order]")
![Disallowance of Construction Cost for Lack of Documentary Evidence: ITAT Restricts Addition to Rs. 10 Lakh and Deletes Cost of Improvement [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Disallowance-Documentary-Evidence-ITAT-Taxscan.jpg "Disallowance of Construction Cost for Lack of Documentary Evidence: ITAT Restricts Addition to Rs. 10 Lakh and Deletes Cost of Improvement [Read Order]")
Verified Use for Manufacturing Operations by Jindal Pipes: ITAT Deletes Disallowance on Captive Power Expenses [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]’s deletion of disallowance on power and fuel expenses claimed by Jindal Pipes Ltd....
![Verified Use for Manufacturing Operations by Jindal Pipes: ITAT Deletes Disallowance on Captive Power Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Jindal-Pipes-ITAT-Captive-Power-Expenses-Taxscan.jpg "Verified Use for Manufacturing Operations by Jindal Pipes: ITAT Deletes Disallowance on Captive Power Expenses [Read Order]")
S.14A Disallowance under Income Tax Valid Only on Investments Earning Exempt Income: ITAT in Jindal Pipes' Matter [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) ruled that disallowance under Section 14A of Income Tax Act,1961 is valid only on investments that actually earn exempt income, rejecting the...
![S.14A Disallowance under Income Tax Valid Only on Investments Earning Exempt Income: ITAT in Jindal Pipes Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Disallowance-Income-Tax-taxscan.jpg "S.14A Disallowance under Income Tax Valid Only on Investments Earning Exempt Income: ITAT in Jindal Pipes Matter [Read Order]")
ITAT Upholds Reassessment Validity Citing TOLA, Reduces Scrap Sales Addition at 8% Profit Rate [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the validity of reassessment proceedings relying on the extended limitation period under the Taxation and Other Laws (Relaxation...
![ITAT Upholds Reassessment Validity Citing TOLA, Reduces Scrap Sales Addition at 8% Profit Rate [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/ITAT-ITAT-Mumbai-Income-tax-Income-Tax-Reassessment-Director-General-PCIT-PCCIT-Approval-Director-General-Approval-taxscan.jpg "ITAT Upholds Reassessment Validity Citing TOLA, Reduces Scrap Sales Addition at 8% Profit Rate [Read Order]")
ITAT Erred in Holding Vedanta’s Block Assessment Order Time-Barred: Madras HC Restores 25 Years Pending Matter to Tribunal [Read Order]
The Madras High Court has overturned the Income Tax Appellate Tribunal’s ( ITAT ) decision that had held the block assessment order issued against Vedanta Limited as time-barred and restored the...
![ITAT Erred in Holding Vedanta’s Block Assessment Order Time-Barred: Madras HC Restores 25 Years Pending Matter to Tribunal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Assessment-order-ITAT-Taxscan.jpg "ITAT Erred in Holding Vedanta’s Block Assessment Order Time-Barred: Madras HC Restores 25 Years Pending Matter to Tribunal [Read Order]")
Costs cross-charges are not FTS and FIS: Delhi HC Sets aside order rejecting Application for ‘NIL’ withholding tax [Read Order]
The Delhi High Court has set aside the order rejecting application for ‘Nil’ withholding tax holding that costs cross- charge are not technical services [FTS] within the meaning of Section 9(1)(vii)...
![Costs cross-charges are not FTS and FIS: Delhi HC Sets aside order rejecting Application for ‘NIL’ withholding tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Delhi-High-Court-FTS-FIS-Cross-charges-not-FTS-or-FIS-TAXSCAN.jpg "Costs cross-charges are not FTS and FIS: Delhi HC Sets aside order rejecting Application for ‘NIL’ withholding tax [Read Order]")
Delhi HC Upheld Acquittal Order of Offence u/s 276B of Income Tax Act on Finding Committed Bonafide Mistake, Dismisses Income Tax Officers Appeal [Read Order]
In a recent case, the Delhi High Court has upheld the acquittal order of the offence under section 276B of the Income Tax Act, 1961 on finding a committed bona fide mistake and dismissing the Income...
![Delhi HC Upheld Acquittal Order of Offence u/s 276B of Income Tax Act on Finding Committed Bonafide Mistake, Dismisses Income Tax Officers Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Income-Tax-Act.jpg "Delhi HC Upheld Acquittal Order of Offence u/s 276B of Income Tax Act on Finding Committed Bonafide Mistake, Dismisses Income Tax Officers Appeal [Read Order]")