![AO adds Rs. 64.88 lakh Expenditure u/s 14A citing Business nature: ITAT deletes addition due to Expenditure spent not exclusively for Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Lucknow-Section-14A-of-Income-Tax-Act-ITAT-on-business-expenditure-TAXSCAN.jpg "AO adds Rs. 64.88 lakh Expenditure u/s 14A citing Business nature: ITAT deletes addition due to Expenditure spent not exclusively for Business [Read Order]")
AO adds Rs. 64.88 lakh Expenditure u/s 14A citing Business nature: ITAT deletes addition due to Expenditure spent not exclusively for Business [Read Order]
The Lucknow Bench of the Income Tax Appellate Tribunal (ITAT) has deleted the disallowance of Rs. 64.88 lakh made by the Assessing Officer (AO) under...
![Old PAN used for Reopening Assessment: ITAT dismisses Revenues Appeal citing cancellation of Old PAN duly Communicated [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/PAN.jpg "Old PAN used for Reopening Assessment: ITAT dismisses Revenues Appeal citing cancellation of Old PAN duly Communicated [Read Order]")
![AO Adds Stamp Duty difference as Unexplained Expenditure: ITAT Remands Matter due to Income Tax Notice issued During COVID-19 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/expenditure.jpg "AO Adds Stamp Duty difference as Unexplained Expenditure: ITAT Remands Matter due to Income Tax Notice issued During COVID-19 [Read Order]")
![ITATÂ quashes Disallowance on Tanker Expenses due to Lack of Justification by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Raipur-Disallowance-on-Tanker-Expenses-quashed-TAXSCAN.jpg "ITATÂ quashes Disallowance on Tanker Expenses due to Lack of Justification by AO [Read Order]")
![ITAT Upholds No TDS Liability for Patel Engineering Ltd, Confirms Deletion of Disallowance u/s 40(a)(ia) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Upholds-TDS-Liability-Disallowance-taxscan.jpg "ITAT Upholds No TDS Liability for Patel Engineering Ltd, Confirms Deletion of Disallowance u/s 40(a)(ia) [Read Order]")
ITAT Absolves Shah Rukh Khan of Tax Reassessment on ₹83 Crore Income Connected to Red Chillies’ Ra.One [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) recently quashed reassessment proceedings initiated against Bollywood superstar Shah Rukh Khan for the Assessment Year 2012-13, absolving...
![ITAT Absolves Shah Rukh Khan of Tax Reassessment on ₹83 Crore Income Connected to Red Chillies’ Ra.One [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Mumbai-SRK-tax-case-updates-Red-Chillies-Ra.One-tax-case-TAXSCAN.jpeg "ITAT Absolves Shah Rukh Khan of Tax Reassessment on ₹83 Crore Income Connected to Red Chillies’ Ra.One [Read Order]")
ITAT Directs CIT(A) to Condone 4-Day Delay and Adjudicate Kerala State Drugs and Pharmaceuticals Ltd.'s Appeal on Merits [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Cochin Bench has ruled in favor of Kerala State Drugs and Pharmaceuticals Ltd. and directed the Commissioner of Income Tax (Appeals) CIT(A) to condone a...
![ITAT Directs CIT(A) to Condone 4-Day Delay and Adjudicate Kerala State Drugs and Pharmaceuticals Ltd.s Appeal on Merits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Pharmaceuticals-Kerala-State-Drugs-taxscan.jpg "ITAT Directs CIT(A) to Condone 4-Day Delay and Adjudicate Kerala State Drugs and Pharmaceuticals Ltd.s Appeal on Merits [Read Order]")
![₹5.98 Lakh Addition due to Clerical Error in Depreciation: ITAT sets aside for Re-examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Raipur-Income-tax-addition-Addition-Due-to-Clerical-Error-TAXSCAN.jpg "₹5.98 Lakh Addition due to Clerical Error in Depreciation: ITAT sets aside for Re-examination [Read Order]")
Vodafone Idea Gets Partial Relief in Dispute Over Disallowances and Transfer Pricing Adjustments [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench has ruled in favor of Vodafone Idea Limited, granting partial relief by deleting certain disallowances while remanding others for fresh...
![Vodafone Idea Gets Partial Relief in Dispute Over Disallowances and Transfer Pricing Adjustments [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Vodafone-Idea.jpg "Vodafone Idea Gets Partial Relief in Dispute Over Disallowances and Transfer Pricing Adjustments [Read Order]")
Amrita Heart Care Foundation's Appeal Dismissed as Withdrawn After CIT's Approval in Form 10AS [Read Order]
The Income Tax Appellate Tribunal (ITAT) Cochin Bench has dismissed the appeal filed by the assessee after it voluntarily withdrew the case. The decision came after the Commissioner of Income Tax...
![Amrita Heart Care Foundations Appeal Dismissed as Withdrawn After CITs Approval in Form 10AS [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-CIT-Amrita-Heart-Care-Foundation-taxscan.jpg "Amrita Heart Care Foundations Appeal Dismissed as Withdrawn After CITs Approval in Form 10AS [Read Order]")
ITAT Rules Federal Bank's Appeal Not Maintainable Following High Court's Order to Reassess [Read Order]
The Income Tax Appellate Tribunal (ITAT) Cochin Bench has dismissed the appeal filed by Federal Bank, a well-known private sector bank in India, after the Kerala High Court set aside the assessment...
![ITAT Rules Federal Banks Appeal Not Maintainable Following High Courts Order to Reassess [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/federal-bank.jpg "ITAT Rules Federal Banks Appeal Not Maintainable Following High Courts Order to Reassess [Read Order]")
CBDT Cannot Impose Limitation Period for Compounding through Guidelines when Income Tax Act does not Prescribe One: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that the Central Board of Direct Taxes (CBDT) cannot impose a limitation period for filing compounding applications through its guidelines when the...
![CBDT Cannot Impose Limitation Period for Compounding through Guidelines when Income Tax Act does not Prescribe One: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/CBDT-compounding-guidelines-Bombay-high-court.jpg "CBDT Cannot Impose Limitation Period for Compounding through Guidelines when Income Tax Act does not Prescribe One: Bombay HC [Read Order]")