Income Tax Rules Changing from April 1, 2025: Full Breakdown of New Slabs, 87A Rebate, and TDS Changes
Starting April 1, 2025, several key changes in income tax rules will come into effect, impacting salaried individuals, senior citizens,...
![Step-Siblings Included in Relative Definition, Gift Received Not Taxable u/s 56(2) of Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Step-Siblings-Siblings-Gift-Received-Not-Taxable-Section-562-of-Income-Tax-Income-Tax-ITAT-Relative-Definition-taxscan.jpg "Step-Siblings Included in Relative Definition, Gift Received Not Taxable u/s 56(2) of Income Tax: ITAT [Read Order]")
![Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-tax-assessment-ruling-Undisclosed-income-taxation-Bombay-High-Court-taxscan.jpg "Discretionary Power cannot be Exercised to Halt Income Tax Assessments involving Huge Undisclosed Income: Bombay HC refuses to Entertain plea [Read Order]")
![Subsequent Judgment Overruling Tribunal’s Legal View Not a Mistake Apparent from Record: ITAT Rejects Recall Plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Subsequent-Judgment-Overruling-Tribunals-Legal-Mistake-Apparent-from-Record-ITAT-Taxscan.jpg "Subsequent Judgment Overruling Tribunal’s Legal View Not a Mistake Apparent from Record: ITAT Rejects Recall Plea [Read Order]")
![Change in Tax Consultant: ITAT Condones 38 days appeal Filing Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Change-in-Tax-Consultant-ITAT-Condones-Filing-Delay-taxscan.jpg "Change in Tax Consultant: ITAT Condones 38 days appeal Filing Delay [Read Order]")
Cash Deposit during Demonetization: ITAT partly deletes Rs. 3.5 lakh Addition based on CBDT Guidelines [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal (ITAT) has partly deleted an addition of Rs. 11,00,000 made on account of cash deposits during the demonetization period, holding that Rs. 3.5...
![Cash Deposit during Demonetization: ITAT partly deletes Rs. 3.5 lakh Addition based on CBDT Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Cash-Deposit-Demonetization-ITAT-Addition-CBDT-Guidelines-taxscan.jpg "Cash Deposit during Demonetization: ITAT partly deletes Rs. 3.5 lakh Addition based on CBDT Guidelines [Read Order]")
![Denial of Hearing Opportunity: ITAT restores Registration u/s 12A matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Hearing-Opportunity-ITAT-Registration-taxscan.jpg "Denial of Hearing Opportunity: ITAT restores Registration u/s 12A matter [Read Order]")
Disallowance of Deduction Claim u/s 80P(2)(a)(i) of Income Tax Act without Following Precedence: Kerala HC sets aside Assessment order [Read Order]
The Kerala High Court set aside the income tax assessment order as the department failed to consider the precedent while disallowing the claim of deduction under section 80O (a)(i) of the...
![Disallowance of Deduction Claim u/s 80P(2)(a)(i) of Income Tax Act without Following Precedence: Kerala HC sets aside Assessment order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Disallowance-Deduction-Claim-Income-Tax-Act-Kerala-HC-Assessment-order-taxscan.jpg "Disallowance of Deduction Claim u/s 80P(2)(a)(i) of Income Tax Act without Following Precedence: Kerala HC sets aside Assessment order [Read Order]")
![Supreme Court & High Courts Weekly Round-up [March 15th to March 21st,2025]](https://www.taxscan.in/wp-content/uploads/2025/03/Supreme-court-news-High-court-news-Supreme-court-judgments-High-court-judgments-TAXSCAN.jpg "Supreme Court & High Courts Weekly Round-up [March 15th to March 21st,2025]")
Taxpayer Owns Only 30%: ITAT Orders Reassessment of Capital Gains due to Incorrect Valuation [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the case for fresh consideration, directing the Assessing Officer ( AO ) to correctly compute the capital gains liability of the...
![Taxpayer Owns Only 30%: ITAT Orders Reassessment of Capital Gains due to Incorrect Valuation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Taxpayer-Owns-Capital-Gains-Reassessment-taxscan.jpg "Taxpayer Owns Only 30%: ITAT Orders Reassessment of Capital Gains due to Incorrect Valuation [Read Order]")
Penalty for Under-Reporting: ITAT Remands Matter Due to Pending Quantum Appeal Before CIT(A) [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has remanded the matter to the Commissioner of Income Tax (Appeals) [CIT(A)] due to the pending quantum appeal, in a case concerning the...
![Penalty for Under-Reporting: ITAT Remands Matter Due to Pending Quantum Appeal Before CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-penalty-Under-reporting-penalty-Income-tax-appeal-taxscan.jpg "Penalty for Under-Reporting: ITAT Remands Matter Due to Pending Quantum Appeal Before CIT(A) [Read Order]")