![No Error in Assessment as AO Examined All Expenses and Made Due Inquiry: Allahabad HC Upholds ITAT Order [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107185-allahabad-hc-itat-order-taxscan.webp "No Error in Assessment as AO Examined All Expenses and Made Due Inquiry: Allahabad HC Upholds ITAT Order [Read Order]")
No Error in Assessment as AO Examined All Expenses and Made Due Inquiry: Allahabad HC Upholds ITAT Order [Read Order]
The Pr Commissioner Of Income Tax-1 vs Anjali SinghalThe Allahabad High Court has upheld the Income Tax Appellate Tribunal’s (ITAT) decision,...
![Assessment Order Allowing Deduction on CSR Expenditure is Not Erroneous: ITAT deletes Revision Order [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/250x150_2106026-csr-csr-expenditure-itat-taxscan.webp "Assessment Order Allowing Deduction on CSR Expenditure is Not Erroneous: ITAT deletes Revision Order [Read Order]")
![Goodwill Arising on Amalgamation Qualifies as Intangible Asset Eligible for Depreciation u/s 32(1)(ii) of Income Tax Act: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/250x150_2106016-itat-ruling-goodwill-asset-taxscan-.webp "Goodwill Arising on Amalgamation Qualifies as Intangible Asset Eligible for Depreciation u/s 32(1)(ii) of Income Tax Act: ITAT [Read Order]")
![ITAT’s Reasonless Rejection of Second Adjournment Leads to Ex-Parte Order Being Quashed by Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/250x150_2107178-itat-allahabad-allahabad-high-court-ex-parte-order-taxscan.webp "ITAT’s Reasonless Rejection of Second Adjournment Leads to Ex-Parte Order Being Quashed by Allahabad HC [Read Order]")
![Trust Serving Scheduled Tribes Not Hit by S. 80G(5)(iii): ITAT Remands Matter for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/250x150_2106035-itat-remands-1.webp "Trust Serving Scheduled Tribes Not Hit by S. 80G(5)(iii): ITAT Remands Matter for Verification [Read Order]")
Seizure Material Non-Reliable as it contained Numerous Errors, inconsistent Balances: ITAT Deletes Addition [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted additions concerning unexplained capital and unsecured loans for multiple assessment years and affirmed that the seized,...
![Seizure Material Non-Reliable as it contained Numerous Errors, inconsistent Balances: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107076-02b780e4-8836-4fd2-b2fb-798ddc0608fb.webp "Seizure Material Non-Reliable as it contained Numerous Errors, inconsistent Balances: ITAT Deletes Addition [Read Order]")
Service of Notice before Income Tax Reassessment is Mandatory: Jharkhand HCC Quashes Penalty u/s 271(1)(b) [Read Order]
The Jharkhand High Court has held that valid service of notice is a mandatory jurisdictional requirement before initiating reassessment proceedings under the Income Tax Act, 1961, and quashed the...
![Service of Notice before Income Tax Reassessment is Mandatory: Jharkhand HCC Quashes Penalty u/s 271(1)(b) [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107097-income-tax-reassessment-taxscan.webp "Service of Notice before Income Tax Reassessment is Mandatory: Jharkhand HCC Quashes Penalty u/s 271(1)(b) [Read Order]")
Partner’s Expenses Incurred for Business Purposes are Deductible u/ Income Tax: ITAT Grants Relief to Former ICAI President Atul Gupta [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently held that expenses incurred by a partner for legitimate business and professional purposes are legitimate deductibles under the...
![Partner’s Expenses Incurred for Business Purposes are Deductible u/ Income Tax: ITAT Grants Relief to Former ICAI President Atul Gupta [Read Order]](https://images.taxscan.in/h-upload/2025/11/20/500x300_2106917-icai-president-atul-gupta.webp "Partner’s Expenses Incurred for Business Purposes are Deductible u/ Income Tax: ITAT Grants Relief to Former ICAI President Atul Gupta [Read Order]")
Disallowance of Stock Write-Down u/s 37(1) without Examining Evidence Unjustified: ITAT Remands Matter for Fresh Adjudication [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai Bench set aside the order of the CIT(A), and remanded the matter for fresh adjudication as the disallowance of the stock...
![Disallowance of Stock Write-Down u/s 37(1) without Examining Evidence Unjustified: ITAT Remands Matter for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/500x300_2106038-itat-disallowance-of-stock-write-down-itat-remands-matter-for-fresh-adjudication-taxscan.webp "Disallowance of Stock Write-Down u/s 37(1) without Examining Evidence Unjustified: ITAT Remands Matter for Fresh Adjudication [Read Order]")
Recovery Barred During Pending Appeal: Kerala HC Stays Income Tax Dept’s Recovery Action against Oralium Ltd.
The Kerala High Court has intervened in a dispute between Oralium Limited and the Income Tax Department, staying the recovery proceedings of a tax penalty pending the disposal of the company's...
Income Tax SCN issued less than 7 day Response Time violates CBDT’s SOP: Karnataka HC Sets aside Orders against Bangalore Metro Rail Corp Ltd [Read Order]
The Karnataka High Court held that a Show Cause Notice issued with less than the mandatory seven-day response period under the Standard Operating Procedure for faceless assessments is invalid,...
![Income Tax SCN issued less than 7 day Response Time violates CBDT’s SOP: Karnataka HC Sets aside Orders against Bangalore Metro Rail Corp Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/500x300_2106539-income-tax-karnataka-hc-bangalore-metro-rail-corp-ltd-taxscan.webp "Income Tax SCN issued less than 7 day Response Time violates CBDT’s SOP: Karnataka HC Sets aside Orders against Bangalore Metro Rail Corp Ltd [Read Order]")