![Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071281-stock-trader.webp "Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]")
Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has quashed a Rs. 12.56 lakh tax addition against a share trader, holding that frequent ...
![ITAT Mumbai Quashes PCITs Order Against NTT Global Networks; Allows ₹92.32 Lakh Deduction for CSR Donations Under Section 80G [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071258-itat-mumbai-quashes-pcits-order-ntt-global-networks-allows-9232-lakh-deduction-csr-donations-section-80g-taxscan.webp "ITAT Mumbai Quashes PCITs Order Against NTT Global Networks; Allows ₹92.32 Lakh Deduction for CSR Donations Under Section 80G [Read Order]")
![ITAT Slashes Tax Demand: Pune Developer’s Rs.1.1 Cr Cash Deposits Partly Accepted as Business Income [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071290-cash-deposit-taxscan.webp "ITAT Slashes Tax Demand: Pune Developer’s Rs.1.1 Cr Cash Deposits Partly Accepted as Business Income [Read Order]")
![Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part II]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072041-itat-half-yearly-case-digest-taxscan.webp "Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part II]")
Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]
In a recent case, the New Delhi bench of the National Company Law Appellate Tribunal (NCLAT)has held that proceedings initiated under section 7 of the Insolvency Bankruptcy Code (IBC), 2016 is not...
![Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071830-proceedings-ibc-financial-creditor-received-pending-amount-nclat-taxscan.webp "Proceedings u/s 7 of IBC not valid when Financial Creditor already Received Pending Amount: NCLAT [Read Order]")
![Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part I]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071905-itat-case-digest-taxscan.webp "Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part I]")
ITR filing in Jeopardy until ITR Filing Due Dates Update in Utility: Rs. 5000 Late Fees, CAs, Tax Practitioners frown over Income Tax Portal Issue
Chartered accountants and tax preparers across the country were jolted on 1 August 2025 when the Income-Tax Return (ITR) utility, both online and offline, began auto-levying a ₹5,000 late-filing...
ITAT Deletes ₹3 Crore Addition Made on Cash Deposits During Demonetization: Upholds Gold Jewellery Firm’s Sales as Genuine [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of a ₹3.02 crore addition made under Section 68 of the Income Tax Act. The case involved Ankit Gold Ltd., a...
![ITAT Deletes ₹3 Crore Addition Made on Cash Deposits During Demonetization: Upholds Gold Jewellery Firm’s Sales as Genuine [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071228-itat-cash-deposit-income-tax-act-taxscan.webp "ITAT Deletes ₹3 Crore Addition Made on Cash Deposits During Demonetization: Upholds Gold Jewellery Firm’s Sales as Genuine [Read Order]")
Income Tax Computation without Brought-Forward Business Losses, Unabsorbed Depreciation: ITAT Quashes CIT(A) Order [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT), in a recent ruling set aside the order Commissioner of Income Tax (Appeals) ( CIT(A) ) that had summarily dismissed an...
![Income Tax Computation without Brought-Forward Business Losses, Unabsorbed Depreciation: ITAT Quashes CIT(A) Order [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071266-itat-directs-ao-itat-taxscan-2.webp "Income Tax Computation without Brought-Forward Business Losses, Unabsorbed Depreciation: ITAT Quashes CIT(A) Order [Read Order]")