![ITAT Confirms Taxability of Trust Receipts u/s 56(2)(x) of Income Tax Act citing Inclusion of Non-Relatives as Beneficiaries [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-Section-263-of-Income-Tax-Act-TAXSCAN.jpg "ITAT Confirms Taxability of Trust Receipts u/s 56(2)(x) of Income Tax Act citing Inclusion of Non-Relatives as Beneficiaries [Read Order]")
ITAT Confirms Taxability of Trust Receipts u/s 56(2)(x) of Income Tax Act citing Inclusion of Non-Relatives as Beneficiaries [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed an appeal filed by the assessee, upholding the Principal Commissioner of...
![Tax Liability of Charitable Trust Dismissed: ITAT Remands Matter back to CIT(A) for Reconsideration of Expenditure Claims [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Allahabad-Income-Tax-Income-Tax-Appellate-Tribunal-Charitable-trust-tax-TAXSCAN.jpg "Tax Liability of Charitable Trust Dismissed: ITAT Remands Matter back to CIT(A) for Reconsideration of Expenditure Claims [Read Order]")
![ITAT Quashes Penalty under Section 271(1)(c), Directs AO to Reconsider Quantum Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Quashes-Penalty-ITAT-Quashes-Penalty-Quantum-Addition-Directs-AO-Reconsider-Quantum-Addition-ITAT-Quashes-Penalty-Under-Section-2711c-taxscan.jpg "ITAT Quashes Penalty under Section 271(1)(c), Directs AO to Reconsider Quantum Addition [Read Order]")
![Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Shri-Sai-Baba-Sansthan-Trust-Relief-to-Shri-Sai-Baba-Sansthan-Trust-Bombay-HC-Bombay-HC-halts-Reopening-Income-Tax-taxscan.jpg "Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]")
CIT(E) Rejects S. 12AB Claim Citing Related Party Transactions Without Considering Society's Replies: ITAT Remands Matter for Proper Hearing [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) remanded the matter concerning the rejection of a society’s application for registration under Section 12AB of the Income Tax Act, 1961...
![CIT(E) Rejects S. 12AB Claim Citing Related Party Transactions Without Considering Societys Replies: ITAT Remands Matter for Proper Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/CIT-ITAT-ITAT-Remands-Matter-ITAT-Remands-Matter-for-Proper-Hearing-under-Section-12AB-of-the-Income-Tax-Act-Income-tax-Income-tax-news-reassessment-Taxscan.jpg "CIT(E) Rejects S. 12AB Claim Citing Related Party Transactions Without Considering Societys Replies: ITAT Remands Matter for Proper Hearing [Read Order]")
ITC Availed under Wrong Head in GSTR 3B: Madras HC Grants Assessee Opportunity to Rectify Clerical Error [Read Order]
In a recent ruling, the Madras High Court has allowed the assessee to rectify the clerical error which ultimately denied the Input Tax Credit ( ITC ) under Goods and Services Tax ( GST ) Act. The...
![ITC Availed under Wrong Head in GSTR 3B: Madras HC Grants Assessee Opportunity to Rectify Clerical Error [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITC-ITC-Availed-under-Wrong-Head-Wrong-Head-in-GSTR-3B-GSTR-3B-GSTR-Madras-HC-Rectify-Clerical-Error-taxscan.jpg "ITC Availed under Wrong Head in GSTR 3B: Madras HC Grants Assessee Opportunity to Rectify Clerical Error [Read Order]")
Delay in Filing Appeal Due to Change of Address, Non-Receipt of Order: ITAT Remands Matter for Fresh Adjudication [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) remanded a matter for fresh adjudication concerning a delay in filing an appeal due to a change of address and non-receipt of an...
![Delay in Filing Appeal Due to Change of Address, Non-Receipt of Order: ITAT Remands Matter for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Delay-in-Filing-Appeal-Due-Filing-Appeal-Taxscan.jpg "Delay in Filing Appeal Due to Change of Address, Non-Receipt of Order: ITAT Remands Matter for Fresh Adjudication [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 15]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Income-Tax-Annual-Digest-Income-Tax-Annual-Digest-2024-Annual-Digest-2024-Annual-Digest-ITAT-ITAT-Cases-DDIT-assessment-under-section-148-Income-Tax-Act-1961-annual-round-up-Taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 15]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 14]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-Annual-Digest-ITAT-Cases-Income-Tax-Annual-Digest-2024-annual-round-up-ITAT-ITAT-Annual-Digest-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 14]")
![ITAT dismisses Appeal after Assessee Fails to rectify Filing Defects Despite Multiple Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-ITAT-dismisses-appeal-TAXSCAN.jpg "ITAT dismisses Appeal after Assessee Fails to rectify Filing Defects Despite Multiple Notices [Read Order]")