![ITAT Bangalore Upholds Penalty for Misreporting of Income Due to Double Deduction Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Penalty-Deduction-Claim-taxscan.jpg "ITAT Bangalore Upholds Penalty for Misreporting of Income Due to Double Deduction Claim [Read Order]")
ITAT Bangalore Upholds Penalty for Misreporting of Income Due to Double Deduction Claim [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Bangalore has upheld the penalty imposed under Section 270A of the Income Tax Act, 1961, ruling that the...
![Vivad Se Vishwas Scheme Brings Relief: ITAT Dismisses Appeal as Withdrawn [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Vivad-Se-Vishwas-Scheme-Vivad-Se-Vishwas-Scheme-Brings-Relief-ITAT-ITAT-Dismisses-Appeal-ITAT-Dismisses-Appeal-as-Withdrawn-Dismisses-Appeal-taxscan.jpg "Vivad Se Vishwas Scheme Brings Relief: ITAT Dismisses Appeal as Withdrawn [Read Order]")
![ITAT Holds Assessees Delay in Filing Audit Report as Reasonable, Allows Claim u/s 80IAC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-Audit-Report-Filing-Audit-Report-taxscan.jpg "ITAT Holds Assessees Delay in Filing Audit Report as Reasonable, Allows Claim u/s 80IAC [Read Order]")
![Relief to Kotak Mahindra Life Insurance: ITAT Confirms Deletion of Negative Reserve Addition in Insurance Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Kotak-Mahindra-Life-Insurance-ITAT-Insurance-Business-taxscan.jpg "Relief to Kotak Mahindra Life Insurance: ITAT Confirms Deletion of Negative Reserve Addition in Insurance Business [Read Order]")
![Income Tax Bill 2025: New Changes in Profits and Gains of Business and Profession [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Bill-Income-Tax-Bill-2025-New-Changes-in-Profits-and-Gains-Profits-and-Gains-taxscan.jpg "Income Tax Bill 2025: New Changes in Profits and Gains of Business and Profession [Read Bill]")
CBDT Amends Income Tax Rules 12CA & 12CC: New Due Dates for Statements on Income Distribution by Business & Securitisation Trusts [Read Notification]
The Central Board of Direct Taxes ( CBDT ) under the Ministry of Finance (Department of Revenue) issued Notification No. 17/2025 dated February 24, 2025, announcing amendments to the Income Tax...
![CBDT Amends Income Tax Rules 12CA & 12CC: New Due Dates for Statements on Income Distribution by Business & Securitisation Trusts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/02/CBDT-Income-Tax-Rules-12CA-12CC-New-Due-Dates-Statements-Income-Distribution-Business-Securitisation-Trusts-taxscan.jpg "CBDT Amends Income Tax Rules 12CA & 12CC: New Due Dates for Statements on Income Distribution by Business & Securitisation Trusts [Read Notification]")
Relief to Saibaba NGO from Natural Justice Violation as ITAT remands S.80G Trust Registration for Fresh Adjudication [Read Order]
In a relief to Saibaba Bahuuddheshiya Sevabhavi Sanstha, the Income Tax Appellate Tribunal (ITAT), Pune Bench, has set aside the Commissioner of Income Tax (Exemption) [CIT(E)], Pune’s orders...
![Relief to Saibaba NGO from Natural Justice Violation as ITAT remands S.80G Trust Registration for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Pune-Saibaba-NGO-tax-case-Relief-to-Saibaba-NGO-Natural-Justice-Violation-TAXSCAN.jpg "Relief to Saibaba NGO from Natural Justice Violation as ITAT remands S.80G Trust Registration for Fresh Adjudication [Read Order]")
![ITAT Directs Deletion of Rs 28.57 Lakh Addition, Says AO Failed to Follow Due Process [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Directs-AO-ITAT-taxscan.jpg "ITAT Directs Deletion of Rs 28.57 Lakh Addition, Says AO Failed to Follow Due Process [Read Order]")
![CBDT issues Guidance Circular on Application of Principal Purpose Tests Under DTAA [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/01/CBDT-Central-Board-of-Direct-Taxes-DTAA-Application-of-Principal-Purpose-CBDT-issues-Guidance-taxscan.jpg "CBDT issues Guidance Circular on Application of Principal Purpose Tests Under DTAA [Read Circular]")
Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has dismissed the appeal filed by Somnath Kelavni Mandal, a trust managing educational institution, due to non-prosecution and continuous...
![Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Ahmedabad-Income-Tax-Appeal-Income-Tax-Income-tax-updates-TAXSCAN.jpg "Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]")
Rs. 54.70 Lacs Addition for Cash Deposits During Demonetization: ITAT Grants Another Opportunity with Cost [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal(ITAT) granted another opportunity to the assessee to substantiate cash deposits of Rs. 54.70 Lakh made during the demonetization period, subject to...
![Rs. 54.70 Lacs Addition for Cash Deposits During Demonetization: ITAT Grants Another Opportunity with Cost [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Demonetize.jpg "Rs. 54.70 Lacs Addition for Cash Deposits During Demonetization: ITAT Grants Another Opportunity with Cost [Read Order]")