![Client Code Modification in F&O Transactions Allegations Need Transaction-Level Proof: ITAT Remands ₹1.33 Cr Income Addition Matter [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/500x300_2117276-client-code-modification-ccm-taxscan.webp "Client Code Modification in F&O Transactions Allegations Need Transaction-Level Proof: ITAT Remands ₹1.33 Cr Income Addition Matter [Read Order]")
Client Code Modification in F&O Transactions Allegations Need Transaction-Level Proof: ITAT Remands ₹1.33 Cr Income Addition Matter [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that an argument for income escaping the net of taxation due to Client Code...
![Extended Limitation Not Invocable for Audit & Income Tax Data-Based Demand: CESTAT Quashes Service Tax Demand [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/250x150_2117250-extended-limitation-not-invocable-for-audit-income-tax-data-based-demand-cestat-quashes-service-tax-demand-taxscan.webp "Extended Limitation Not Invocable for Audit & Income Tax Data-Based Demand: CESTAT Quashes Service Tax Demand [Read Order]")
![Double Taxation Relief under New Income Tax: Treaty Provisions, Bilateral Agreements, and Procedural Changes [Old vs New Income Tax Series - Article 8]](https://images.taxscan.in/h-upload/2026/01/06/250x150_2117242-old-vs-new-income-tax-comparison-taxscan.webp "Double Taxation Relief under New Income Tax: Treaty Provisions, Bilateral Agreements, and Procedural Changes [Old vs New Income Tax Series - Article 8]")
![Non-Exclusive Film Broadcasting Rights Not ‘Royalty’ under Indo-Mauritius DTAA: ITAT Mumbai Rules in Asia Today Ltd Case [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/250x150_2117277-itat-mumbai-rules-asia-today-ltd-case-taxscan.jfif "Non-Exclusive Film Broadcasting Rights Not ‘Royalty’ under Indo-Mauritius DTAA: ITAT Mumbai Rules in Asia Today Ltd Case [Read Order]")
![S. 50C Not Applicable to Transfer of Life Interest in Property: ITAT Deletes ₹80.04 lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/250x150_2117275-transfer-life-interest-property-itat.webp "S. 50C Not Applicable to Transfer of Life Interest in Property: ITAT Deletes ₹80.04 lakh Addition [Read Order]")
Once Form 10CCB Filed Prior to Processing, Deduction Cannot be Disallowed: ITAT allows 8.7Cr Deduction u/s 80IB [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has held that once the audit report in Form 10CCB is filed before the processing of the return, the deduction under Section 80IB(11A)...
![Once Form 10CCB Filed Prior to Processing, Deduction Cannot be Disallowed: ITAT allows 8.7Cr Deduction u/s 80IB [Read Order]](https://images.taxscan.in/h-upload/2026/01/05/500x300_2117148-once-form-10ccb-filed-prior-processing-deduction-cannot-disallowed-itat-allows-87cr-deduction-80ib-taxscan-2.webp "Once Form 10CCB Filed Prior to Processing, Deduction Cannot be Disallowed: ITAT allows 8.7Cr Deduction u/s 80IB [Read Order]")
Cash Transactions of Co-operative Society with its Members Not Penal if Reasonable Cause Exists: ITAT Deletes Penalties u/s 271D and 271E [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bench at Ahmedabad has dismissed the Revenue’s appeals and upheld the deletion of penalties imposed under Sections 271D and 271E of the Income Tax Act, 1961....
![Cash Transactions of Co-operative Society with its Members Not Penal if Reasonable Cause Exists: ITAT Deletes Penalties u/s 271D and 271E [Read Order]](https://images.taxscan.in/h-upload/2026/01/03/500x300_2116928-cash-transactions-co-operative-society-taxscan.jfif "Cash Transactions of Co-operative Society with its Members Not Penal if Reasonable Cause Exists: ITAT Deletes Penalties u/s 271D and 271E [Read Order]")
Failure to Adhere to Surviving Time Limit under TOLA Renders Reassessment Proceedings u/s 148 Void: ITAT Quashes Assessment Orders [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bench at Ahmedabad has quashed reassessment proceedings for Assessment Years 2015-16, 2016-17 and 2017-18 after holding that the notices were issued beyond the...
![Failure to Adhere to Surviving Time Limit under TOLA Renders Reassessment Proceedings u/s 148 Void: ITAT Quashes Assessment Orders [Read Order]](https://images.taxscan.in/h-upload/2026/01/03/500x300_2116946-failure-adhere-surviving-time-limit-under-tola-renders-reassessment-proceedings.webp "Failure to Adhere to Surviving Time Limit under TOLA Renders Reassessment Proceedings u/s 148 Void: ITAT Quashes Assessment Orders [Read Order]")
Income Tax Final Assessment Passed While DRP Objections Still Pending: Gujarat HC Quashes Order for S. 144C Violation [Read Order]
In a recent ruling, the Gujarat High Court held that a final income tax assessment cannot be passed while objections filed before the Dispute Resolution Panel (DRP) are still pending and quashed...
![Income Tax Final Assessment Passed While DRP Objections Still Pending: Gujarat HC Quashes Order for S. 144C Violation [Read Order]](https://images.taxscan.in/h-upload/2026/01/03/500x300_2116896-income-tax-final-assessment-passed-drp-objections-pending-gujarat-hc-order-s144c-violation-taxscan.webp "Income Tax Final Assessment Passed While DRP Objections Still Pending: Gujarat HC Quashes Order for S. 144C Violation [Read Order]")