![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]")
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...
![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]](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]")
![Unexplained Cash Deposit of ₹12.02 Lakh in Second PAN Account: ITAT Upholds Addition for Lack of Corroborative Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/cash-deposit-ITAT-Taxscan.jpg "Unexplained Cash Deposit of ₹12.02 Lakh in Second PAN Account: ITAT Upholds Addition for Lack of Corroborative Evidence [Read Order]")
![Supreme Court & High Courts Weekly Round-up [May 24th to May 31st, 2025]](https://www.taxscan.in/wp-content/uploads/2025/06/Supreme-Court-High-court-Supreme-Court-judgments-TAXSCAN.jpg "Supreme Court & High Courts Weekly Round-up [May 24th to May 31st, 2025]")
Income Tax AO Can Grant Relief u/s 220(6) Even Below 20% Tax Deposit: Madras HC Remands Matter [Read Order]
The Madras High Court has clarified that an Assessing Officer ( AO ) is empowered to grant relief under Section 220(6) of the Income Tax Act, 1961, even when the assessee has deposited pre-deposit...
![Income Tax AO Can Grant Relief u/s 220(6) Even Below 20% Tax Deposit: Madras HC Remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Income-Tax-Assessing-Officer-Madras-High-Court-TAXSCAN.jpg "Income Tax AO Can Grant Relief u/s 220(6) Even Below 20% Tax Deposit: Madras HC Remands Matter [Read Order]")
Relief to PNB: ITAT Allows Rs.12.62 Lakh Club Membership Fee as Business Expense u/s 37 of ITA [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the appeal of Punjab National Bank against the disallowance of Rs. 12.62 lakh paid as club membership fees, ruling the expenses as...
![Relief to PNB: ITAT Allows Rs.12.62 Lakh Club Membership Fee as Business Expense u/s 37 of ITA [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Relief-PNB-ITAT-Allows-Club-Membership-Business-Expense-us-37-of-ITA-Taxscan.jpg "Relief to PNB: ITAT Allows Rs.12.62 Lakh Club Membership Fee as Business Expense u/s 37 of ITA [Read Order]")
Taxation of Gross Receipts Without Valid 12A Registration: ITAT Rules Only Net Surplus After Expenses Taxable [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT)Â held that only the net surplus after allowing expenses and depreciation is taxable where a trust does not have valid registration under...
![Taxation of Gross Receipts Without Valid 12A Registration: ITAT Rules Only Net Surplus After Expenses Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Taxation-of-Gross-Receipts-12A-Registration-ITAT-Rules-Surplus-Expenses-Taxable-Taxscan.webp "Taxation of Gross Receipts Without Valid 12A Registration: ITAT Rules Only Net Surplus After Expenses Taxable [Read Order]")
Relief to Skyline Builders: ITAT Allows Deduction u/s 80IB(10), Holds Firm as Builder/Developer, Not Works Contractor [Read Order]
The Cochin Bench of Income Tax Appellate Tribunal ( ITAT ) granted relief to Skyline Builders by allowing deduction under section 80IB(10) of Income Tax Act,1961, holding that the firm acted as a...
![Relief to Skyline Builders: ITAT Allows Deduction u/s 80IB(10), Holds Firm as Builder/Developer, Not Works Contractor [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Relief-to-Skyline-Builders-ITAT-Allows-Deduction-us-80IB10-BuilderDeveloper-Works-Contractor-taxscan.jpg "Relief to Skyline Builders: ITAT Allows Deduction u/s 80IB(10), Holds Firm as Builder/Developer, Not Works Contractor [Read Order]")
ITAT Sets Aside Rejection of 80G Registration to Charitable Trust, Orders Fresh Consideration by CIT(E) [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) has remitted to the Commissioner of Income Tax (Exemption), Pune, the question of approval under section 80G in the case of the assessee,...
![ITAT Sets Aside Rejection of 80G Registration to Charitable Trust, Orders Fresh Consideration by CIT(E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Charitable-Trust-80G-Registration-ITAT-Taxscan.jpg "ITAT Sets Aside Rejection of 80G Registration to Charitable Trust, Orders Fresh Consideration by CIT(E) [Read Order]")
ITAT Quashes Reassessment Orders against Assessee Due to Time-Barred Notice under New Regime [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal (ITAT) has quashed two reassessment proceedings against the assessee Vinay Agrawal for Assessment Years 2014–15 and 2015–16, holding that the...
![ITAT Quashes Reassessment Orders against Assessee Due to Time-Barred Notice under New Regime [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Quashes-Reassessment-Orders-taxscan-1.jpg "ITAT Quashes Reassessment Orders against Assessee Due to Time-Barred Notice under New Regime [Read Order]")
![Provision under IBC overrides Income Tax Act: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Provision-under-IBC-IBC-overrides-Income-Tax-Act-Income-Tax-Act-taxscan.jpg "Provision under IBC overrides Income Tax Act: Calcutta HC [Read Order]")