![CBDT Grants Income Tax Exemption to Chennai Metropolitan Water Supply Board and Rajasthan State Seed [Read Notifcation]](https://images.taxscan.in/h-upload/2025/10/17/500x300_2097311-chennai-metropolitan-water-taxscan.webp "CBDT Grants Income Tax Exemption to Chennai Metropolitan Water Supply Board and Rajasthan State Seed [Read Notifcation]")
CBDT Grants Income Tax Exemption to Chennai Metropolitan Water Supply Board and Rajasthan State Seed [Read Notifcation]
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), issued two separate notifications Notification No. 151/2025 and...
![Once Assessee Discharges Onus u/s 68, Burden of Proof Shifts to Revenue: ITAT rules Double Taxation Unsustainable in Steel Manufacturer’s Case [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/250x150_2097178-double-taxation-taxscan.webp "Once Assessee Discharges Onus u/s 68, Burden of Proof Shifts to Revenue: ITAT rules Double Taxation Unsustainable in Steel Manufacturer’s Case [Read Order]")
![Restored Registration Entitles Charitable Trust to Tax Benefits: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/250x150_2097156-restored-registration-charitable-trust-taxscan.webp "Restored Registration Entitles Charitable Trust to Tax Benefits: ITAT [Read Order]")
![Solicited Donations Still Voluntary in Nature: ITAT allows Corpus Contributions to Rohilkhand Educational Charitable Trust [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/250x150_2097137-donations-taxscan.webp "Solicited Donations Still Voluntary in Nature: ITAT allows Corpus Contributions to Rohilkhand Educational Charitable Trust [Read Order]")
Tax on Rental Income of Vacant Flat Limited to Municipal Value: ITAT restricts ₹5,026 as Rental Income [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) restricted the rental income ₹5,026 and directed the Assessing Officer (AO) to restrict the addition of deemed rental income to the...
![Tax on Rental Income of Vacant Flat Limited to Municipal Value: ITAT restricts ₹5,026 as Rental Income [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097143-rental-income-taxscan.webp "Tax on Rental Income of Vacant Flat Limited to Municipal Value: ITAT restricts ₹5,026 as Rental Income [Read Order]")
Technical Defects Do Not Invalidate Assessment: ITAT Upholds Validity of Digitally Signed DIN-Based Orders in Income Tax Case [Read Order]
The Bench of the Income Tax Appellate Tribunal, Lucknow, has held that an assessment order issued without certain details such as the assessee’s name, PAN, or assessment year is not invalid if the...
![Technical Defects Do Not Invalidate Assessment: ITAT Upholds Validity of Digitally Signed DIN-Based Orders in Income Tax Case [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097146-validity-din-income-tax-case-taxscan.webp "Technical Defects Do Not Invalidate Assessment: ITAT Upholds Validity of Digitally Signed DIN-Based Orders in Income Tax Case [Read Order]")
No Addition Made w.r.t. Loans u/s 68 of Income Tax Act: ITAT deletes Disallowance of Interest Claim [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) deleted the disallowance of interest claim, on the ground that no addition was made with respect to the Loans u/s 68 of the Income Tax Act. ...
![No Addition Made w.r.t. Loans u/s 68 of Income Tax Act: ITAT deletes Disallowance of Interest Claim [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097103-disallowance-income-tax-act-interest-claim-taxscan.webp "No Addition Made w.r.t. Loans u/s 68 of Income Tax Act: ITAT deletes Disallowance of Interest Claim [Read Order]")
Order Not Invalid Merely Because Passed in Deceased’s Name: ITAT Restores Matter for Fresh Adjudication [Read Order]
The Bench of the Income Tax Appellate Tribunal, Chandigarh, held that an appellate order cannot be declared invalid merely because it was passed in the name of a deceased assessee, where the appeal...
![Order Not Invalid Merely Because Passed in Deceased’s Name: ITAT Restores Matter for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097148-deceased-itat-taxscan.webp "Order Not Invalid Merely Because Passed in Deceased’s Name: ITAT Restores Matter for Fresh Adjudication [Read Order]")
Disallowance Restricted to 12.5% in Quantum Appeal: ITAT Deletes Penalty Citing Faulty Charge [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) deleted the penalty levied under Section 271(1)(c) of theIncome Tax Act, 1961, noting a clear disconnect between the charge fastened on ...
![Disallowance Restricted to 12.5% in Quantum Appeal: ITAT Deletes Penalty Citing Faulty Charge [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097123-itat-mumbai-disallowance-penalty-taxscan.webp "Disallowance Restricted to 12.5% in Quantum Appeal: ITAT Deletes Penalty Citing Faulty Charge [Read Order]")
No Disallowance can be made without Rejecting Books of Account: ITAT Deletes ₹63.16 Lakh addition on Expenses [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) set aside the confirmation of disallowance made on the expenses amounting to Rs. 63,60,231 and held that no disallowance can be made...
![No Disallowance can be made without Rejecting Books of Account: ITAT Deletes ₹63.16 Lakh addition on Expenses [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097111-books-of-account-itat-taxscan.webp "No Disallowance can be made without Rejecting Books of Account: ITAT Deletes ₹63.16 Lakh addition on Expenses [Read Order]")
Disallowance Invalid When Amount Not Charged to P&L: ITAT deletes ₹25.55 Lakh WIP Addition Citing 'Presumption' Basis [Read Order]
Axora Resources Limited The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition of ₹25,55,776 made on account of unsubstantiated Capital Work-in-Progress (WIP) and held...
![Disallowance Invalid When Amount Not Charged to P&L: ITAT deletes ₹25.55 Lakh WIP Addition Citing Presumption Basis [Read Order]](https://images.taxscan.in/h-upload/2025/10/16/500x300_2097124-disallowance-charged-to-pl-itat-wip-addition-citing-wip-additio-taxscan.webp "Disallowance Invalid When Amount Not Charged to P&L: ITAT deletes ₹25.55 Lakh WIP Addition Citing Presumption Basis [Read Order]")