![TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Kolkata-TPO-Transfer-pricing-officer-Income-tax-news-TAXSCAN.jpg "TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]")
TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) deleted the transfer pricing adjustment after Transfer Pricing Officer (TPO)’s rejection of...
![ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Intra-Group-Services.jpg "ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]")
![Incorrect Deduction in Leave Encashment Disallowance: ITAT Remands Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Incorrect-Deduction-Leave-Encashment-Disallowance-ITAT-ITAT-Remands-Matter-Remands-Matter-taxscan.jpg "Incorrect Deduction in Leave Encashment Disallowance: ITAT Remands Matter to AO [Read Order]")
![Bombay HC Directs RBI to Accept ₹20 Lakh Demonetized Currency due to Seizure by Income Tax Department Prior to Bank Deposit Deadline [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Demonetized-Currency.jpg "Bombay HC Directs RBI to Accept ₹20 Lakh Demonetized Currency due to Seizure by Income Tax Department Prior to Bank Deposit Deadline [Read Order]")
Pr Commissioner of Income Tax has Authority to Cancel Registration of Assessee even without Decision from Assessing Authority: Kerala HC [Read Order]
The Kerala High Court declared the principal commissioner's power to terminate an assessee's registration without awaiting the assessing authority's action. Judges A.K. Jayasankaran Nambiar and...
![Pr Commissioner of Income Tax has Authority to Cancel Registration of Assessee even without Decision from Assessing Authority: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Pr-Commissioner-of-Income-Tax-Income-Tax-Income-Tax-has-Authority-Authority-to-Cancel-Registration-Decision-from-Assessing-Authority-Kerala-HC-taxscan.jpg "Pr Commissioner of Income Tax has Authority to Cancel Registration of Assessee even without Decision from Assessing Authority: Kerala HC [Read Order]")
ITAT Sets Aside CIT(A) Order on Scheduled Tribe Doctor’s S.10(26) Exemption Claim Over Eligibility Misinterpretation [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) set aside the Commissioner of Income Tax(Appeals)[CIT(A)] order regarding a Scheduled Tribe doctor's exemption claim under Section 10(26) of...
![ITAT Sets Aside CIT(A) Order on Scheduled Tribe Doctor’s S.10(26) Exemption Claim Over Eligibility Misinterpretation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Sets-CITA-Order-Tribe-Doctor-Exemption-Claim-Eligibility-Misinterpretation-Exemption-Claim-Over-Eligibility-Misinterpretation-taxscan.jpg "ITAT Sets Aside CIT(A) Order on Scheduled Tribe Doctor’s S.10(26) Exemption Claim Over Eligibility Misinterpretation [Read Order]")
Tax Exemption Denied u/s 12AB Due to Lack of Proof of Charitable Activities: ITAT Orders Fresh Review [Read Order]
The Dehradun Bench of Income Tax Appellate Tribunal (ITAT), has set aside the rejection of a tax exemption registration under Section 12AB of the Income Tax Act, 1961, and directed a fresh hearing. ...
![Tax Exemption Denied u/s 12AB Due to Lack of Proof of Charitable Activities: ITAT Orders Fresh Review [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-tax-exemption-rejection.jpg "Tax Exemption Denied u/s 12AB Due to Lack of Proof of Charitable Activities: ITAT Orders Fresh Review [Read Order]")
CA’s Fraudulent Income Tax Refunds treated as Income: ITAT Upholds Additions despite later Recovery [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT )Â upheld the tax additions in the case of a Chartered Accountant ( CA ) who fraudulently encashed income tax refunds using forged...
![CA’s Fraudulent Income Tax Refunds treated as Income: ITAT Upholds Additions despite later Recovery [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Income-Tax-Refunds-CAs-Fraudulent-site-image.jpg "CA’s Fraudulent Income Tax Refunds treated as Income: ITAT Upholds Additions despite later Recovery [Read Order]")
Disallowance of Rs. 2.97 Crore as Bogus Expenditure u/s 69C: ITAT Upholds 10% Disallowance [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT)Â upheld a 10% disallowance of Rs. 29.71 lakh out of Rs. 2.97 crore claimed as bogus expenditure under section 69C of Income Tax Act,1961,...
![Disallowance of Rs. 2.97 Crore as Bogus Expenditure u/s 69C: ITAT Upholds 10% Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/bogusexpenditure.jpg "Disallowance of Rs. 2.97 Crore as Bogus Expenditure u/s 69C: ITAT Upholds 10% Disallowance [Read Order]")
Reopening of Assessment u/s 147: ITAT upholds CIT(A) Decision, Finds Reassessment Beyond Jurisdiction [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT)Â upheld the Commissioner of Income Tax(Appeals)[CIT(A)] decision in deleting the additions made under section 68 of Income Tax Act,1961,...
![Reopening of Assessment u/s 147: ITAT upholds CIT(A) Decision, Finds Reassessment Beyond Jurisdiction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Reopening-of-Assessment-Assessment-Section-147-ITAT-ITAT-Upholds-CITA-CITA-Decision-Reassessment-Jurisdiction-taxscan.jpg "Reopening of Assessment u/s 147: ITAT upholds CIT(A) Decision, Finds Reassessment Beyond Jurisdiction [Read Order]")