![Jurisdiction of AO u/s 153C of Income Tax Act beyond block of 10 year is invalid: Delhi HC upholds ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Benefit-of-Monetary-Limits-Guidelines-Dispute-related-to-Classification-Product-for-Customs-Duty-Delhi-HC-taxscan.jpg "Jurisdiction of AO u/s 153C of Income Tax Act beyond block of 10 year is invalid: Delhi HC upholds ITAT Order [Read Order]")
Jurisdiction of AO u/s 153C of Income Tax Act beyond block of 10 year is invalid: Delhi HC upholds ITAT Order [Read Order]
The Delhi High Court in its judgement upheld the Income Tax Appellate Tribunals (ITAT)’s Order finding the AO’s assumption of jurisdiction under...
![Subscription fee collected for e-magazine Content does not fall under Fee for Technical Service: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Delhi-High-Court-e-magazine-Content-Subscription-fee-TAXSCAN-1.jpg "Subscription fee collected for e-magazine Content does not fall under Fee for Technical Service: Delhi HC [Read Order]")
![Delhi HC sets aside Notice u/s 148A(b) of Income Tax Act, citing Bar by Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/notice-Delhi-High-Court-Income-Tax-Act-taxscan.webp "Delhi HC sets aside Notice u/s 148A(b) of Income Tax Act, citing Bar by Limitation [Read Order]")
![ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ruling-Income-Tax-appeal-CPC-mistake-taxscan-.jpg "ITAT Orders AO to Grant Relief After Exemption Approval u/s 10(23C)(iiiad) Despite Lack of 12A Registration [Read Order]")
FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the Arm's Length Price ( ALP ) adjustment made in respect of payments for AP management and administrative services, holding that the...
![FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-FTS-classification-India-Transfer-pricing-litigation-taxscan.jpg "FTS Classification in Management and Administrative Services: ITAT deletes ALP Adjustment Due to Lack of Technology Transfer [Read Order]")
![Unexplained Opening Cash Balance of Rs. 22.19 Lakh u/s 69: ITAT Remands Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cash-Balance-Unexplained-Cash-Balance-ITAT-ITAT-Remands-Matter-taxscan.jpg "Unexplained Opening Cash Balance of Rs. 22.19 Lakh u/s 69: ITAT Remands Matter to AO [Read Order]")
S.43B Disallowance not Applicable When No Deduction Claimed and Liability Reported as Current Liability: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT)held that disallowance under Section 43B of the Income-tax Act, 1961, is not applicable when no deduction is claimed and the liability is...
![S.43B Disallowance not Applicable When No Deduction Claimed and Liability Reported as Current Liability: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Down-Excessive-Disallowance-Record-Dissatisfaction-taxscan.jpg "S.43B Disallowance not Applicable When No Deduction Claimed and Liability Reported as Current Liability: ITAT [Read Order]")
Disallowance of Interest Payments for Non-Deduction of TDS u/s 40(a)(ia): ITAT Remands Matter to AO for Verification of Form 26A [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) remanded the matter to the Assessing Officer (AO) to verify the submission of Form 26A regarding the disallowance of interest payments under...
![Disallowance of Interest Payments for Non-Deduction of TDS u/s 40(a)(ia): ITAT Remands Matter to AO for Verification of Form 26A [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Form-26A-site-img.jpg "Disallowance of Interest Payments for Non-Deduction of TDS u/s 40(a)(ia): ITAT Remands Matter to AO for Verification of Form 26A [Read Order]")
Genuineness of Loans u/s 68: ITAT Orders Fresh Verification of Creditworthiness and Transactions [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) restored the addition of ₹12.83 lakh under Section 68 of Income Tax Act,1961, for fresh verification, as the assessee had submitted...
![Genuineness of Loans u/s 68: ITAT Orders Fresh Verification of Creditworthiness and Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Creditworthiness-of-Parties-and-Genuineness-of-Transaction-Genuineness-of-Transaction-ITAT-Upholds-Addition-ITAT-Addition-Taxscan.jpg "Genuineness of Loans u/s 68: ITAT Orders Fresh Verification of Creditworthiness and Transactions [Read Order]")
Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AO's Addition, Accepts DCF Method [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) deleted the addition made by the Assessing Officer (AO) under Section 56(2)(viib) of Income Tax Act,1961 regarding the share premium valuation,...
![Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AOs Addition, Accepts DCF Method [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Income-Addition-Income-Tax-taxscan.jpg "Validity of Share Premium Valuation u/s 56(2)(viib): ITAT Deletes AOs Addition, Accepts DCF Method [Read Order]")