![AA Cannot Tax Entire Disputed Purchase Transactions as Bogus: Gujarat HC Limits Income Tax Addition to 6% [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2062082-aa-tax-entire-disputed-purchase-transactions-bogus-gujarat-hc-income-tax-addition-taxscan.jfif "AA Cannot Tax Entire Disputed Purchase Transactions as Bogus: Gujarat HC Limits Income Tax Addition to 6% [Read Order]")
AA Cannot Tax Entire Disputed Purchase Transactions as Bogus: Gujarat HC Limits Income Tax Addition to 6% [Read Order]
Gujarat HC Limits Income Tax Addition to 6%, Holds AA Cannot Tax Entire Disputed Bogus PurchaseIn a recent ruling, the Gujarat High Court held that...
![NHAI Grant Not Deductible from Project Cost: ITAT Upholds Deletion of ₹43.43 Crore Depreciation Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2062044-itat-hyderabad-disallowance-taxscan.webp "NHAI Grant Not Deductible from Project Cost: ITAT Upholds Deletion of ₹43.43 Crore Depreciation Disallowance [Read Order]")
![No Independent Evidentiary Value For Statement Recorded u/s 133A During Survey: ITAT Deletes ₹9.6 Crore Bogus Purchases Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2062039-no-independent-evidentiary-value-independent-evidentiary-value-evidentiary-value-for-statement-recorded-taxscan.webp "No Independent Evidentiary Value For Statement Recorded u/s 133A During Survey: ITAT Deletes ₹9.6 Crore Bogus Purchases Addition [Read Order]")
![Failure to Send Income Tax Notices to Updated Email Address Denies Fair Hearing: Karnataka HC Quashes Assessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2062019-failure-to-send-income-tax-notices-income-tax-notices-income-tax-taxscan.webp "Failure to Send Income Tax Notices to Updated Email Address Denies Fair Hearing: Karnataka HC Quashes Assessment Order [Read Order]")
![AO Not Required to Record Categorical Finding For Income Escapement: ITAT Upholds Reassessment Despite Lack of Cross Examination [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2062026-itat-reassessment-ao-taxscan.webp "AO Not Required to Record Categorical Finding For Income Escapement: ITAT Upholds Reassessment Despite Lack of Cross Examination [Read Order]")
Honda Motorcycle India’s ₹10.84 Crore FTS Payment to Asian Honda: ITAT Remands to Determine Taxability & P.E. under India–Thailand DTAA Due to Missing Documents [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the appeal of Asian Honda Motor Co. Ltd. and remanded the matter to the Dispute Resolution Panel (DRP), after noticing that...
![Honda Motorcycle India’s ₹10.84 Crore FTS Payment to Asian Honda: ITAT Remands to Determine Taxability & P.E. under India–Thailand DTAA Due to Missing Documents [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2062038-honda-motor-taxscan.webp "Honda Motorcycle India’s ₹10.84 Crore FTS Payment to Asian Honda: ITAT Remands to Determine Taxability & P.E. under India–Thailand DTAA Due to Missing Documents [Read Order]")
Quantum Of Expenditure Not Relevant for Purposes of S.12AB Registration: ITAT Holds Genuineness of Object, directs to Grant Registration [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that quantum of expenditure was not relevant for granting registration under section 12AB and holds genuineness of object...
![Quantum Of Expenditure Not Relevant for Purposes of S.12AB Registration: ITAT Holds Genuineness of Object, directs to Grant Registration [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061940-quantum-of-expenditure-quantum-of-expenditure-not-relevant-taxscan.webp "Quantum Of Expenditure Not Relevant for Purposes of S.12AB Registration: ITAT Holds Genuineness of Object, directs to Grant Registration [Read Order]")
Cash Deposit From Prior Withdrawals a Substantiated Source: ITAT Partly Grants Relief of Rs.10.50 Lakh for Deposit During Demonetization [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has granted relief of Rs.10,50,000 by accepting that cash deposits during the demonetization period were sourced from prior...
![Cash Deposit From Prior Withdrawals a Substantiated Source: ITAT Partly Grants Relief of Rs.10.50 Lakh for Deposit During Demonetization [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061973-withdrawals-demonetization-cash-deposit-taxscan.webp "Cash Deposit From Prior Withdrawals a Substantiated Source: ITAT Partly Grants Relief of Rs.10.50 Lakh for Deposit During Demonetization [Read Order]")
Ex-Parte Income Tax Assessment Against Continuously Absent Assessee: ITAT Restores Case for Meritorious Adjudication [Read Order]
The Patna Bench of the Income Tax Appellate Tribunal (ITAT) has restored an ex-parte income tax assessment for the Assessment Year 2013–14, directing the Assessing Officer (AO) to decide the matter...
![Ex-Parte Income Tax Assessment Against Continuously Absent Assessee: ITAT Restores Case for Meritorious Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061965-incometax-assessment-itat-taxscan.webp "Ex-Parte Income Tax Assessment Against Continuously Absent Assessee: ITAT Restores Case for Meritorious Adjudication [Read Order]")
Chennai ITAT Applies ‘Surviving Period’ Rule for First Time, quashes Income Tax Reassessment Notice [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) quashed a reassessment notice holding that the Income Tax Department cannot issue reassessment notices under the new regime beyond the...
![Chennai ITAT Applies ‘Surviving Period’ Rule for First Time, quashes Income Tax Reassessment Notice [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061962-itat-chennai-itat-income-tax-reassessment-notice-taxscan.webp "Chennai ITAT Applies ‘Surviving Period’ Rule for First Time, quashes Income Tax Reassessment Notice [Read Order]")
Cash Deposit Arising Out of Agriculture Income and Past Savings: ITAT Deletes ₹7 Lakh Addition of Senior Citizen [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the ex-parte order of the Commissioner of Income Tax (Appeals) [CIT(A)] and deleted an addition of Rs. 7,38,500 made under...
![Cash Deposit Arising Out of Agriculture Income and Past Savings: ITAT Deletes ₹7 Lakh Addition of Senior Citizen [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061938-cash-deposit-itat-taxscan.webp "Cash Deposit Arising Out of Agriculture Income and Past Savings: ITAT Deletes ₹7 Lakh Addition of Senior Citizen [Read Order]")
Issuance of Reassessment Notice Under Income Tax Act Beyond Limitation Under TOLA: Gujarat HC Quashes It as Time-Barred [Read Order]
The High Court of Gujarat quashed reassessment notices issued under Section 148 of the Income Tax Act,1961 on the ground that they were time-barred under the Taxation and Other Laws (Relaxation and ...
![Issuance of Reassessment Notice Under Income Tax Act Beyond Limitation Under TOLA: Gujarat HC Quashes It as Time-Barred [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/500x300_2061823-issuance-of-reassessment-notice-reassessment-notice-reassessment-notice-under-income-tax-act-taxscan.webp "Issuance of Reassessment Notice Under Income Tax Act Beyond Limitation Under TOLA: Gujarat HC Quashes It as Time-Barred [Read Order]")