![Validity of Reassessment Based on AIR Information: ITAT Confirms AOs Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Reassessment-Based-AIR-Information-ITAT-Confirms-AOs-Decision-TAXSCAN.jpg "Validity of Reassessment Based on AIR Information: ITAT Confirms AOs Decision [Read Order]")
Validity of Reassessment Based on AIR Information: ITAT Confirms AO's Decision [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) upheld the decision of the Assessing Officer (AO) regarding the validity of the reassessment...
![ITAT Directs AO to Consider Fresh Evidence in Unexplained Expenditure Addition u/s 69C [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-AO-to-Consider-Fresh-Evidence-Unexplained-Expenditure-Addition-us-69C-TAXSCAN.jpg "ITAT Directs AO to Consider Fresh Evidence in Unexplained Expenditure Addition u/s 69C [Read Order]")
![Notional Rental value of unsold flat not Taxable under House Property Head: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Notional-Rental-value-unsold-flat-Taxable-under-House-Property-Head-ITAT-TAXSCAN.webp "Notional Rental value of unsold flat not Taxable under House Property Head: ITAT [Read Order]")
![Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Delhi-High-Court-ITAT-ITAT-Order-Goodwill-License-Taxscan.jpg "Delhi HC Upholds ITAT Order Allowing Deduction of Goodwill License Fee u/s 37 [Read Order]")
![New Regulations for Infrastructure Debt Funds: Income Tax (Third Amendment) Rules, 2025 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/02/New-Regulations-Infrastructure-Debt-Funds-Income-Tax-Rules-Taxscan.jpg "New Regulations for Infrastructure Debt Funds: Income Tax (Third Amendment) Rules, 2025 [Read Notification]")
Filing ITR after Due Date still Constitutes Offence u/s 276CC, Even before Prosecution: Supreme Court [Read Judgement]
The Supreme Court has ruled that filing an Income Tax Return ( ITR ) after the due date but before prosecution does not eliminate liability for offenses under Section 276CC of the Income Tax Act,...
![Filing ITR after Due Date still Constitutes Offence u/s 276CC, Even before Prosecution: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/02/Supreme-Court-ITR-Filing-ITR-ITR-filing-after-due-date-Section-276CC-of-Income-Tax-Act-TAXSCAN.jpg "Filing ITR after Due Date still Constitutes Offence u/s 276CC, Even before Prosecution: Supreme Court [Read Judgement]")
Income Tax Appeal Filed with Delay cannot be Disposed of Without considering Delay Petition: Kerala HC [Read Order]
The Kerala High Court in a recent case has held that an Income Tax appeal filed with a delay cannot be disposed of without considering a delay petition. Till a decision is taken on the stay petition,...
![Income Tax Appeal Filed with Delay cannot be Disposed of Without considering Delay Petition: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Appeal.jpg "Income Tax Appeal Filed with Delay cannot be Disposed of Without considering Delay Petition: Kerala HC [Read Order]")
Disallowance of Rs. 3.15 Crore Expenses due to Insufficient Documentation: ITAT Upholds CIT(A) Decision [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax(Appeals)[CIT(A)] decision, dismissing the disallowance of Rs. 3.15 crore expenses due to insufficient...
![Disallowance of Rs. 3.15 Crore Expenses due to Insufficient Documentation: ITAT Upholds CIT(A) Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Expense-Disallowance-TAXSCAN.jpg "Disallowance of Rs. 3.15 Crore Expenses due to Insufficient Documentation: ITAT Upholds CIT(A) Decision [Read Order]")
ITAT Upholds CIT(A)'s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]'s decision to delete the Rs. 6.8 crore addition for bogus purchases due to the...
![ITAT Upholds CIT(A)s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/itat-itat-delhi-cita-Bogus-Purchase-Taxscan.jpg "ITAT Upholds CIT(A)s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]")
![ITAT Dismisses Revenues Appeal Due to Low Tax Effect Under CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/low-tax.jpg "ITAT Dismisses Revenues Appeal Due to Low Tax Effect Under CBDT Circular [Read Order]")