![Relief to Oriental Insurance: ITAT Upholds Deletion of Rs. 21.36 Crore Disallowance u/s 14A [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Relief-Oriental-Insurance-ITAT-Deletion-of-Crore-Disallowance-taxscan.jpg "Relief to Oriental Insurance: ITAT Upholds Deletion of Rs. 21.36 Crore Disallowance u/s 14A [Read Order]")
Relief to Oriental Insurance: ITAT Upholds Deletion of Rs. 21.36 Crore Disallowance u/s 14A [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of Rs. 21.36 crore disallowance under Section 14A of the Income...
![ITAT sets aside Addition of Rs. 45.74 Lakh Cash Deposit during Demonetisation, Remands matter for fresh Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Lakh-Cash-Deposit-Demonetisation-Remands-fresh-Examination-taxscan.jpg "ITAT sets aside Addition of Rs. 45.74 Lakh Cash Deposit during Demonetisation, Remands matter for fresh Examination [Read Order]")
![Failure to Adjudicate AO’s Jurisdictional Grounds: ITAT Remands Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Adjudication.jpg "Failure to Adjudicate AO’s Jurisdictional Grounds: ITAT Remands Matter to CIT(A) [Read Order]")
![Advertisement, Marketing and Promotion expenditure incurred not constitute an “international transaction” u/s 92F of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Delhi-High-Court-Income-tax-Income-tax-act-TAXSCAN.jpg "Advertisement, Marketing and Promotion expenditure incurred not constitute an “international transaction” u/s 92F of Income Tax Act: Delhi HC [Read Order]")
![S. 143 Assessment Void Ab Initio: ITAT Rules AO Misapplied Jurisdiction Despite Satisfaction Note u/s 153C [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Assessment-Void-Ab-Initio-_-TAXSCAN.webp "S. 143 Assessment Void Ab Initio: ITAT Rules AO Misapplied Jurisdiction Despite Satisfaction Note u/s 153C [Read Order]")
CIT(A) grants Relief on Interest Disallowance for Advances to Sister Concerns: ITAT Orders Verification of Funds Flow [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) directed the CIT(A) to verify the funds flow statement before allowing relief in a case concerning disallowance of interest on advances...
![CIT(A) grants Relief on Interest Disallowance for Advances to Sister Concerns: ITAT Orders Verification of Funds Flow [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Disallowance-interest-ITAT-TAXSCAN-2.jpg "CIT(A) grants Relief on Interest Disallowance for Advances to Sister Concerns: ITAT Orders Verification of Funds Flow [Read Order]")
Bogus Purchases of ₹2.5 Crore: ITAT applies 4% GP Rate citing Taxpayer’s Declared Profit [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) upheld the order of the Commissioner of Income Tax (Appeals) [CIT(A)], which restricted the addition on account of bogus purchases to 4%...
![Bogus Purchases of ₹2.5 Crore: ITAT applies 4% GP Rate citing Taxpayer’s Declared Profit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Disputed-purchases-Labour-Expenses-Alleqed-Boqus-Purchases-taxscan.jpg "Bogus Purchases of ₹2.5 Crore: ITAT applies 4% GP Rate citing Taxpayer’s Declared Profit [Read Order]")
Religious Objects must be Assessed under 5% Expenditure Rule: ITAT restores 80G Application [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter for fresh adjudication which is to be assessed at 5% Expenditure rule in a case where the Commissioner of Income...
![Religious Objects must be Assessed under 5% Expenditure Rule: ITAT restores 80G Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Ahmedabad-ITAT-on-80G-application-TAXSCAN.jpg "Religious Objects must be Assessed under 5% Expenditure Rule: ITAT restores 80G Application [Read Order]")
Penalty u/s 270A for Misreporting without Proper Charge Specification Invalid: ITAT Deletes Rs. 38.05 Lakh Penalty [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT)deleted the penalty of Rs. 38.05 lakh imposed on the assessee due to the failure of the Assessing Officer (AO) to clearly specify the...
![Penalty u/s 270A for Misreporting without Proper Charge Specification Invalid: ITAT Deletes Rs. 38.05 Lakh Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Penalty-Penalty-Section-270A-Misreporting-without-Proper-Charge-Specification-Invalid-Proper-Charge-Specification-taxscan.jpg "Penalty u/s 270A for Misreporting without Proper Charge Specification Invalid: ITAT Deletes Rs. 38.05 Lakh Penalty [Read Order]")
Bank account attached during pendency of appeal: Madras HC directs disposal within two months [Read Order]
The High Court of Madras directed the appellate authority to dispose of the petitioner’s appeal within two months, after noting that the petitioner’s bank account had been attached despite the...
![Bank account attached during pendency of appeal: Madras HC directs disposal within two months [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Madras-High-court-Bank-account-attached-during-appeal-TAXSCAN.jpg "Bank account attached during pendency of appeal: Madras HC directs disposal within two months [Read Order]")
Win for WOW Entertainment: ITAT Deletes ₹1.44 Cr S.68 Addition Over Denial of Cross-Examination and Proven Loan Genuineness [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) ruled in favor of WOW Entertainment and Media Private Limited, deleting a ₹1.44 crore addition under Section 68 of Income Tax Act,1961 over...
![Win for WOW Entertainment: ITAT Deletes ₹1.44 Cr S.68 Addition Over Denial of Cross-Examination and Proven Loan Genuineness [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Mumbai-WOW-Entertainment-income-tax-case-TAXSCAN.jpg "Win for WOW Entertainment: ITAT Deletes ₹1.44 Cr S.68 Addition Over Denial of Cross-Examination and Proven Loan Genuineness [Read Order]")
Arvindo Trust Scam Fallout: ITAT Dismisses Appeal Against Disallowance of Bogus Research Donation [Read order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench “SMC” has dismissed the appeal filed against the disallowance of a deduction claimed on a donation made to the Arvindo Institute of Applied...
![Arvindo Trust Scam Fallout: ITAT Dismisses Appeal Against Disallowance of Bogus Research Donation [Read order]](https://www.taxscan.in/wp-content/uploads/2025/04/Bogus-donation.jpg "Arvindo Trust Scam Fallout: ITAT Dismisses Appeal Against Disallowance of Bogus Research Donation [Read order]")