![Section 11 Exemption Cannot Be Denied for Belated Form 10B Once Delay is Condoned: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/2118163-section-11-exemption-form-10b-delay-condoned-itat-taxscan.webp "Section 11 Exemption Cannot Be Denied for Belated Form 10B Once Delay is Condoned: ITAT [Read Order]")
Section 11 Exemption Cannot Be Denied for Belated Form 10B Once Delay is Condoned: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that where the delay in filing the audit report in Form 10B has been duly...
![Admission of Additional Evidence Sans Rule 46A(3) Compliance Invalid: ITAT Revives ₹1.77 Cr Unexplained Purchase Addition [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/2118185-admission-additional-evidence-sans-taxscan.webp "Admission of Additional Evidence Sans Rule 46A(3) Compliance Invalid: ITAT Revives ₹1.77 Cr Unexplained Purchase Addition [Read Order]")
![400 Days Delay in Filing 10AB Held Bona Fide: ITAT Restores Rotary Club Trust’s 12AB & 80G Applications [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/2118178-400-days-delay-filing-10ab-held-bona-fide-itat.webp "400 Days Delay in Filing 10AB Held Bona Fide: ITAT Restores Rotary Club Trust’s 12AB & 80G Applications [Read Order]")
![Perverse Finding by CIT(A) from Same Documents before AO: Chhattisgarh HC sustains Deletion of ₹4.89 Cr Income Tax Addition [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/2118148-chhattisgarh-high-court-income-tax-addition-income-tax-case-income-tax-appeal-chhattisgarh-hc-income-tax-case-deletion-of-income-tax-addition-income-tax-appeal-high-court-taxscan-.webp "Perverse Finding by CIT(A) from Same Documents before AO: Chhattisgarh HC sustains Deletion of ₹4.89 Cr Income Tax Addition [Read Order]")
![Ex-Parte Order after 10 Notices Not Final: ITAT Remands ₹64.12 Lakh S. 69C Disallowance [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/2117948-ex-parte-order-after-10-notices-not-final-itat-remands.webp "Ex-Parte Order after 10 Notices Not Final: ITAT Remands ₹64.12 Lakh S. 69C Disallowance [Read Order]")
Delayed Income Tax TDS Deposit Does Not Extinguish Criminal Liability, Managing Director Must Face Trial: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that belated deposit of Tax Deducted at Source (TDS) does not extinguish criminal liability and that a Managing Director cannot avoid prosecution...
![Delayed Income Tax TDS Deposit Does Not Extinguish Criminal Liability, Managing Director Must Face Trial: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/2118042-delayed-income-tax-tds-deposit-does-extinguish-criminal-liability-managing-director-must-face-trial-delhi-hc-taxscan.webp "Delayed Income Tax TDS Deposit Does Not Extinguish Criminal Liability, Managing Director Must Face Trial: Delhi HC [Read Order]")
Supreme Court Upholds ITAT Order Restoring Income Tax Appeal Despite Pending Settlement Proceedings [Read Order]
The Supreme Court has upheld the order of the Income Tax Appellate Tribunal (ITAT) restoring an income tax appeal even though settlement proceedings before the Income Tax Settlement Commission were...
![Supreme Court Upholds ITAT Order Restoring Income Tax Appeal Despite Pending Settlement Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/2117981-supreme-court-upholds-itat-order-restoring-income-tax-appeal.webp "Supreme Court Upholds ITAT Order Restoring Income Tax Appeal Despite Pending Settlement Proceedings [Read Order]")
Mere Change in Head of Loss Does Not Constitute Under-Reporting u/s 270A: ITAT Deletes ₹15.19 Cr Penalty [Read Order]
The Income Tax Appellate Tribunal, Mumbai Bench (ITAT), held that a mere change in the head under which a loss is classified cannot be treated as under-reporting of income for the purpose of...
![Mere Change in Head of Loss Does Not Constitute Under-Reporting u/s 270A: ITAT Deletes ₹15.19 Cr Penalty [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/2117857-mere-change-head-loss-does-not-constitute-taxscan.jfif "Mere Change in Head of Loss Does Not Constitute Under-Reporting u/s 270A: ITAT Deletes ₹15.19 Cr Penalty [Read Order]")
Revenue’s “No ITR Filed” Claim Backfires: Supreme Court sustains Deletion of Income Tax Addition made without Proof [Read Judgement]
The Supreme Court has declined to interfere with a ruling by the Gujarat High Court by which a reassessment initiated on a mistaken premise was quashed along with the deletion of an income tax...
![Revenue’s “No ITR Filed” Claim Backfires: Supreme Court sustains Deletion of Income Tax Addition made without Proof [Read Judgement]](https://images.taxscan.in/h-upload/2026/01/09/2117977-supreme-court-income-tax-ruling-taxscan.webp "Revenue’s “No ITR Filed” Claim Backfires: Supreme Court sustains Deletion of Income Tax Addition made without Proof [Read Judgement]")
Reopening of Assessment u/s 147 Invalid Due to Defective PCIT Approval: ITAT Quashes Entire Reassessment [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that reassessment proceedings initiated under Section 147 of the Income Tax Act, 1961 are void ab initio when the mandatory...
![Reopening of Assessment u/s 147 Invalid Due to Defective PCIT Approval: ITAT Quashes Entire Reassessment [Read Order]](https://images.taxscan.in/h-upload/2026/01/07/2117491-reopening-assessment-defective-pcit-approval-itat-quashes-reassessment-taxscan.webp "Reopening of Assessment u/s 147 Invalid Due to Defective PCIT Approval: ITAT Quashes Entire Reassessment [Read Order]")
[Breaking] ITR Refund of Rs. 5.37cr not Paid to Microsoft Corp India for 8 Years: Delhi HC orders Refund with Interest [Read Order]
In a recent decision in the case of Microsoft India, the Delhi High Court has ordered an income tax refund of Rs. 5.37 crore with interest which was delayed for 8 years. ‘Not paying the...
![[Breaking] ITR Refund of Rs. 5.37cr not Paid to Microsoft Corp India for 8 Years: Delhi HC orders Refund with Interest [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/2117954-refund-with-interest-taxscan.webp "[Breaking] ITR Refund of Rs. 5.37cr not Paid to Microsoft Corp India for 8 Years: Delhi HC orders Refund with Interest [Read Order]")
ITAT Remands Section 69A Addition After Holding AO Failed to Verify Creditworthiness of Donors [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case involving addition towards unexplained investment under Section 69A of the Income Tax Act, 1961, back to the...
![ITAT Remands Section 69A Addition After Holding AO Failed to Verify Creditworthiness of Donors [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/2117770-itat-remands-section-69a-addition-after-holding-ao.webp "ITAT Remands Section 69A Addition After Holding AO Failed to Verify Creditworthiness of Donors [Read Order]")