![Cause of Delay should be Considered rather than Length of Delay for Condonation: ITAT Remands 44AB Penalty Issue for Reconsideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Condones-Delay-ITAT-TAXSCAN.jpg "Cause of Delay should be Considered rather than Length of Delay for Condonation: ITAT Remands 44AB Penalty Issue for Reconsideration [Read Order]")
Cause of Delay should be Considered rather than Length of Delay for Condonation: ITAT Remands 44AB Penalty Issue for Reconsideration [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) remanded section 44AB Penalty issue for reconsideration holding that cause of delay...
![DIN Requirement Breached Initially but Rectified Within 15 Days: Patna HC Validates Income Tax Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/DIN.jpg "DIN Requirement Breached Initially but Rectified Within 15 Days: Patna HC Validates Income Tax Notices [Read Order]")
![Rent Receipts if Incidental and Ancillary to Main Object of Trust, has to be allowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Rent-Receipts-ITAT-TAXSCAN.jpg "Rent Receipts if Incidental and Ancillary to Main Object of Trust, has to be allowed: ITAT [Read Order]")
![Income Tax Notices Must Include Reasons, Even if Not Mandatory by Law: Patna HC Quashes Preliminary Orders [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Madras-High-Court-Income-Tax-Notice-Madras-HC-Income-Tax-notice-penalty-case-TAXSCAN.jpeg "Income Tax Notices Must Include Reasons, Even if Not Mandatory by Law: Patna HC Quashes Preliminary Orders [Read Order]")
![Income Tax Return Filing: Complete ITR Form 3 Checklist for AY 2025-26 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/ITR-Form-3-income-tax-taxscan.jpg "Income Tax Return Filing: Complete ITR Form 3 Checklist for AY 2025-26 [Read Notification]")
Relief to Airtel, Charges Paid for Bandwidth to Overseas Telecom Operators Do Not Amount to Royalty under Income Tax Act: Delhi HC [Read Order]
In the case of Bharati Airtel, the Delhi High Court has dismissed an appeal preferred by the Income Tax Department and held that charges paid for bandwidth to overseas telecom operators do not amount...
![Relief to Airtel, Charges Paid for Bandwidth to Overseas Telecom Operators Do Not Amount to Royalty under Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/airtel-delhi-high-court-taxscan.jpg "Relief to Airtel, Charges Paid for Bandwidth to Overseas Telecom Operators Do Not Amount to Royalty under Income Tax Act: Delhi HC [Read Order]")
Monetary Limits for Filing Income Tax Appeals before HC Enhanced to Rs. 2 Crores: Chhattisgarh HC [Read Order]
The Chhattisgarh High Court has ruled that the department's financial threshold for submitting income tax appeals to the High Court has been raised to Rs. 2 crores. PCIT must Address Documents...
![Monetary Limits for Filing Income Tax Appeals before HC Enhanced to Rs. 2 Crores: Chhattisgarh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Monetary-limits-tax-TAXSCAN.jpg "Monetary Limits for Filing Income Tax Appeals before HC Enhanced to Rs. 2 Crores: Chhattisgarh HC [Read Order]")
Penalty under Income Tax not Imposable for Cash Repayment of Loan on Lender’s Instruction to Curb Interest Escalation: Chhattisgarh HC [Read Order]
The Chhattisgarh High Court has held that the penalty under section 273B of the Income Tax Act, 1961 cannot be imposed for cash repayment of a loan on the lender’s instruction to curb interest...
![Penalty under Income Tax not Imposable for Cash Repayment of Loan on Lender’s Instruction to Curb Interest Escalation: Chhattisgarh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Act-Cash-Transaction-Overview-of-Cash-Transaction-tax-evasion-non-cash-payments-reduce-tax-evasion-Cash-Transaction-Provisions-taxscan.jpg "Penalty under Income Tax not Imposable for Cash Repayment of Loan on Lender’s Instruction to Curb Interest Escalation: Chhattisgarh HC [Read Order]")
ITAT Upholds CIT(A)’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of Defect [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax (Appeals) [CIT(A)]’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of...
![ITAT Upholds CIT(A)’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of Defect [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CNC-Lathe.jpg "ITAT Upholds CIT(A)’s Order Allowing 50% Depreciation on CNC Lathe Used Prior to Detection of Defect [Read Order]")
Delay in filing Form 67 Shall not be Considered as Ground for Denying Foreign Tax Credit claim: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has ruled that delay in filing Form 67 cannot be taken as a valid ground for denying a taxpayer’s Foreign Tax Credit ( FTC ) claim. It stated...
![Delay in filing Form 67 Shall not be Considered as Ground for Denying Foreign Tax Credit claim: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Form-67-Delay-in-filing-Form-67-Ground-for-Denying-Foreign-Tax-Credit-claim-taxscan.jpg "Delay in filing Form 67 Shall not be Considered as Ground for Denying Foreign Tax Credit claim: ITAT [Read Order]")
![Limitation Period Expired: Delhi HC Quashes Income Tax Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Reassessment-Delhi-High-Court-Income-Tax-Act-taxscan.jpg "Limitation Period Expired: Delhi HC Quashes Income Tax Reassessment Proceedings [Read Order]")
Minor’s Income Already Clubbed in Mother’s Return Cannot Be Re-opened in Father’s Hands: ITAT Quashes Proceedings [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal ( ITAT ) quashed the income tax reassessment proceedings initiated against a father after finding that the minor son’s income had already been...
![Minor’s Income Already Clubbed in Mother’s Return Cannot Be Re-opened in Father’s Hands: ITAT Quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Minor-income-tax.jpg "Minor’s Income Already Clubbed in Mother’s Return Cannot Be Re-opened in Father’s Hands: ITAT Quashes Proceedings [Read Order]")