![Delhi HC Quashes Reassessment Notice Issued on failure to follow Procedure as prescribed u/S 148A of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/2041770-delhi-hc-delhi-h-quashes-reassessment-notice-taxscan.webp "Delhi HC Quashes Reassessment Notice Issued on failure to follow Procedure as prescribed u/S 148A of Income Tax Act [Read Order]")
Delhi HC Quashes Reassessment Notice Issued on failure to follow Procedure as prescribed u/S 148A of Income Tax Act [Read Order]
The Delhi High Court quashed the reassessment notice issued on failure to follow the procedure as prescribed under section 148A of the Income...
![Mere Inactivity at Time of Application No Ground to Deny 12AB Registration If Proposed Activities Match Trust’s Objectives: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/08/2041704-mere-inactivity-time-of-application-deny-12ab-registration-proposed-activities-trusts-objectives-itat-taxscan.webp "Mere Inactivity at Time of Application No Ground to Deny 12AB Registration If Proposed Activities Match Trust’s Objectives: ITAT [Read Order]")
![CAM charges are not lease rentals or license charges: Delhi HC Upholds ITAT Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/2041293-cam-charges-lease-rentals-or-license-charges-taxscan.webp "CAM charges are not lease rentals or license charges: Delhi HC Upholds ITAT Order [Read Order]")
Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) set aside an addition made under Section 69A of the Income Tax Act, 1961, ruling that third-party data from a pen drive and statements...
![Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/07/2041626-unverified-third-party-pen-drive-data-justify-income-tax-confronting-taxpayer-itat-taxscan.webp "Unverified Third-Party Pen Drive Data Cannot Justify Income Tax Addition Without Confronting Taxpayer: ITAT [Read Order]")
Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) allowed an appeal concerning the disallowance of interest expenditure under Section 57(iii) of the Income Tax Act, 1961, ruling that...
![Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/07/2041611-itat-taxpayers-taxscan.webp "Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]")
Demonetization Period Cash Deposit: ITAT directs AO to Verify Source of ₹24L in SBI A/c [Read Order]
The Visakhapatnam bench of the Income Tax Appellate Tribunal (ITAT) allowed an appeal against order of Commissioner of Income Tax (Appeals) [ CIT(A) ] which upheld the addition to unexplained cash...
![Demonetization Period Cash Deposit: ITAT directs AO to Verify Source of ₹24L in SBI A/c [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/2041554-unexplained-cash-deposit-penalty-income-tax-act-taxscan.webp "Demonetization Period Cash Deposit: ITAT directs AO to Verify Source of ₹24L in SBI A/c [Read Order]")
