![AO Treats ₹36.8L from Share Sale as Bogus as Exemption u/s 10(38) : ITAT Upholds CIT(A)’s Deletion, Rules Sale Genuine [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094546-share-sale-taxscan.webp "AO Treats ₹36.8L from Share Sale as Bogus as Exemption u/s 10(38) : ITAT Upholds CIT(A)’s Deletion, Rules Sale Genuine [Read Order]")
AO Treats ₹36.8L from Share Sale as Bogus as Exemption u/s 10(38) : ITAT Upholds CIT(A)’s Deletion, Rules Sale Genuine [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]’s deletion of an addition where the...
![Mandatory PAN & Aadhaar Verification in Property Transactions Likely Soon as Income Tax Dept. Tracks Fake PANs in Property Deals [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/250x150_2094613-pan-aadhaar-verification-property-transactions-mandatory-pan-aadhaar-verification-taxscan.webp "Mandatory PAN & Aadhaar Verification in Property Transactions Likely Soon as Income Tax Dept. Tracks Fake PANs in Property Deals [Read Order]")
![Relief for Titan: ITAT Deletes Rs. 63.18 Crore Transfer Pricing Adjustment, Accepts Product-Mix and Segmental Margin Analysis [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/250x150_2094551-titan-itat-taxscan.webp "Relief for Titan: ITAT Deletes Rs. 63.18 Crore Transfer Pricing Adjustment, Accepts Product-Mix and Segmental Margin Analysis [Read Order]")
![AO rejects Deduction u/s 10AA due to Delaying filing Form 56F: ITAT rules Forms are Directory, cannot take away Rights [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/250x150_2094531-itat-itat-ahmedabad-itat-grants-full-deduction-cooperative-bank-tax-relief-tax-relief-for-cooperative-banks-taxscan.webp "AO rejects Deduction u/s 10AA due to Delaying filing Form 56F: ITAT rules Forms are Directory, cannot take away Rights [Read Order]")
![POA Cannot Be Treated as Registered Conveyance for Purpose of Transfer u/s 2(47)(v) and Capital Gain u/s 45: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/250x150_2094529-capital-gain-taxscan.webp "POA Cannot Be Treated as Registered Conveyance for Purpose of Transfer u/s 2(47)(v) and Capital Gain u/s 45: ITAT [Read Order]")
Non-Mention of Agents’ Names on Bills Not Sufficient to Disallow Commission: ITAT Deletes ₹20.4 Lakh Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the absence of agents’ names on bills alone cannot justify disallowance of commission or brokerage expenditure,...
![Non-Mention of Agents’ Names on Bills Not Sufficient to Disallow Commission: ITAT Deletes ₹20.4 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/07/500x300_2094538-commission.webp "Non-Mention of Agents’ Names on Bills Not Sufficient to Disallow Commission: ITAT Deletes ₹20.4 Lakh Addition [Read Order]")
Mechanical and Composite Approval u/s 153D amounts to Non-Compliance: ITAT quashes Search Assessments u/s 153A [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal quashed search assessments under Section 153A, as there was non-compliance with the mandatory sanction requirement under Section 153D. A...
![Mechanical and Composite Approval u/s 153D amounts to Non-Compliance: ITAT quashes Search Assessments u/s 153A [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/500x300_2094434-itat-quashes-taxscan.webp "Mechanical and Composite Approval u/s 153D amounts to Non-Compliance: ITAT quashes Search Assessments u/s 153A [Read Order]")
Income from House Property: ITAT Admits Additional Evidence, Remits Interest Deduction Claim to AO [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) admitted additional evidence and remitted an interest deduction of ₹53.09 lakh claimed under Section 24(b) to the Assessing Officer (AO). ...
![Income from House Property: ITAT Admits Additional Evidence, Remits Interest Deduction Claim to AO [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/500x300_2094426-house-property-itat-taxscan.webp "Income from House Property: ITAT Admits Additional Evidence, Remits Interest Deduction Claim to AO [Read Order]")
![ITAT Reduces S.69A Additions on NRI’s Account to ₹63,133 from ₹2.28 Cr [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/500x300_2094354-itat-nris-account-itat-reduces-taxscan.webp "ITAT Reduces S.69A Additions on NRI’s Account to ₹63,133 from ₹2.28 Cr [Read Order]")
Fresh Probe Data Warrants Reassessment but Unjustified 5% Income Addition Fails Scrutiny: ITAT [Read Order]
The Raipur bench of the Income Tax Appellate Tribunal, held that the reopening of assessments for three consecutive years was legally sustainable, based on fresh information from the Investigation...
![Fresh Probe Data Warrants Reassessment but Unjustified 5% Income Addition Fails Scrutiny: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/500x300_2094342-fresh-probe-data-reassessment-income-addition-income-addition-fails-scrutiny-taxscan.webp "Fresh Probe Data Warrants Reassessment but Unjustified 5% Income Addition Fails Scrutiny: ITAT [Read Order]")
Non-Speaking Order by CIT(A) on Alleged Suppression of Receipts Remanded for Fresh Adjudication: ITAT [Read Order]
The bench of the Income Tax Appellate Tribunal, Raipur (SMC), has remanded a matter back to the Additional/Joint Commissioner of Income Tax (Appeals) [CIT(A)] after finding that the earlier order...
![Non-Speaking Order by CIT(A) on Alleged Suppression of Receipts Remanded for Fresh Adjudication: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/500x300_2094336-itat-raipur-non-speaking-order-adjudication-taxscan.webp "Non-Speaking Order by CIT(A) on Alleged Suppression of Receipts Remanded for Fresh Adjudication: ITAT [Read Order]")
Disallowance of ₹22.18Cr Manpower Service Payment: ITAT Deletes Addition made on Shapoorji Pallonji and Company on Genuine Payments with TDS [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeal against the Commissioner of Income Tax (Appeals)'s [CIT(A)] order, which had deleted a disallowance of...
![Disallowance of ₹22.18Cr Manpower Service Payment: ITAT Deletes Addition made on Shapoorji Pallonji and Company on Genuine Payments with TDS [Read Order]](https://images.taxscan.in/h-upload/2025/10/06/500x300_2094332-disallowance-manpower-service-manpower-service-payment-taxscan.webp "Disallowance of ₹22.18Cr Manpower Service Payment: ITAT Deletes Addition made on Shapoorji Pallonji and Company on Genuine Payments with TDS [Read Order]")