![Challenge on provision u/s 10(46) of the Income Tax Act: SC to Hear CBDTs appeal Against TPCB [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105038-tpcb-sc-challenge-taxscan.webp "Challenge on provision u/s 10(46) of the Income Tax Act: SC to Hear CBDTs appeal Against TPCB [Read Order]")
Challenge on provision u/s 10(46) of the Income Tax Act: SC to Hear CBDT's appeal Against TPCB [Read Order]
The Supreme Court set a hear on the challenge to Section 10(46) of the Income Tax Act, in relation to the appeal filed by the Central Board of...
![Disallowance of Weighted R&D Deduction u/s 35(2AB): ITAT Holds Non-Filing of Form 3CL Not Fatal [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104803-disallowance-form-3cl-disallowance-of-weighted-rd-deduction-taxscan.webp "Disallowance of Weighted R&D Deduction u/s 35(2AB): ITAT Holds Non-Filing of Form 3CL Not Fatal [Read Order]")
![ITAT Limits Non-TDS Interest Disallowance to 30% as per Finance Act 2014 Amendment [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104800-itat-tds-non-tds-interest-disallowance-finance-act-2014-taxscan.webp "ITAT Limits Non-TDS Interest Disallowance to 30% as per Finance Act 2014 Amendment [Read Order]")
![Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/250x150_2104645-sole-beneficiary-assessee-ignored-itat-full-ltcg-ltcg-exemptions-and-full-ltcg-taxscan.webp "Sole Beneficiary Status of Assessee Ignored: ITAT Upholds 54F/54EC Exemptions and Full LTCG [Read Order]")
![Eligibility of Trust allegedly for Working Particular Community Welfare to Claim Income Tax Exemption: Supreme Court sets for Final Hearing [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104845-incometax-exemption-taxscan-2.webp "Eligibility of Trust allegedly for Working Particular Community Welfare to Claim Income Tax Exemption: Supreme Court sets for Final Hearing [Read Judgement]")
![Estimated Interest on Interest-Free Advances Cannot Be Taxed Without Verification: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104807-estimated-interest-interest-free-advances-verification-itat-taxscan.webp "Estimated Interest on Interest-Free Advances Cannot Be Taxed Without Verification: ITAT [Read Order]")
Gold Jewellery Belongs to Wife and Mother and within Permissible Limits Set by CBDT: ITAT Deletes Addition [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) deleted additions of Unexplained Gold jewellery belonging to the Assessee’s wife and mother, where the quantity was within the prescribed...
![Gold Jewellery Belongs to Wife and Mother and within Permissible Limits Set by CBDT: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104755-gold-jewellery-taxscan.webp "Gold Jewellery Belongs to Wife and Mother and within Permissible Limits Set by CBDT: ITAT Deletes Addition [Read Order]")
Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has ruled that testing equipment received free of cost by AMD India Pvt. Ltd. from its Associated Enterprises (AEs) does not constitute a...
![Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104743-incometax-addition-taxscan1.webp "Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]")
Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted a ₹19.63 crore adjustment proposed by the Transfer Pricing Officer (TPO) against AMD India Pvt. Ltd., as comparables were...
![Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104741-amd-tp-case-taxscan.webp "Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]")
![ITAT Reduces Ad-hoc Expenses Addition to 10% of Turnover, Earlier Estimates Held High [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104490-itat-ad-hoc-expenses-estimates-held-high-itat-reduces-ad-hoc-expenses-taxscan.webp "ITAT Reduces Ad-hoc Expenses Addition to 10% of Turnover, Earlier Estimates Held High [Read Order]")
Assessee’s POCM Accounting Complies with ICAI Guidance Note for Real Estate Projects: ITAT Deletes ₹47.26 Crore Addition [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that revenue recognition under the Percentage of Completion Method (POCM) must adhere to the ICAI Guidance Note on Real...
![Assessee’s POCM Accounting Complies with ICAI Guidance Note for Real Estate Projects: ITAT Deletes ₹47.26 Crore Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104479-pocm-icai-real-estate-projects-itat-pocm-accounting-complies-taxscan.webp "Assessee’s POCM Accounting Complies with ICAI Guidance Note for Real Estate Projects: ITAT Deletes ₹47.26 Crore Addition [Read Order]")
Licence to use Software Not an Enduring Benefit: ITAT Treats Software Licence Fees as Revenue Expenditure in DSP Merrill Lynch Case [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Mumbai has held that software licence fees paid for the right to use MS Office constitute revenue expenditure and not a capital outlay, in a decision...
![Licence to use Software Not an Enduring Benefit: ITAT Treats Software Licence Fees as Revenue Expenditure in DSP Merrill Lynch Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/12/500x300_2104478-revenue-expenditure-licence-to-use-software-merrill-lynch-case-taxscan.webp "Licence to use Software Not an Enduring Benefit: ITAT Treats Software Licence Fees as Revenue Expenditure in DSP Merrill Lynch Case [Read Order]")