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Annual Income Tax Case Digest: ITAT Decisions 2025 [Part V]

This annual round-up analytically summarizes the key Direct Tax-Income Tax rulings of the Income Tax Appellate Tribunal (ITAT) reported on Taxscan.in...

Annual Income Tax Case Digest: ITAT Decisions 2025 [Part IV]

Annual Income Tax Case Digest: ITAT Decisions 2025 [Part III]

ITAT Grants Major Relief to SRF Limited, Deletes Major Additions and Treats CER & TUF Subsidy...

ITAT Grants Cummins India ₹210 Cr Relief, Deletes ₹12.7 Cr TP Adjustment, Upholds 10AA & 80JJAA...

Income Tax Emails Flag Deduction Mismatches Between Form 16 and ITR: Should Salaried Taxpayers Worry?

A post on social media platform X (formerly Twitter) has criticized the IncomeTax Department for sending emails that many taxpayers say are causing unnecessary fear among honest, salaried...

Annual Income Tax Case Digest: ITAT Decisions 2025 [Part II]

This annual round-up analytically summarizes the key Direct Tax-Income Tax rulings of the Income Tax Appellate Tribunal (ITAT) reported on Taxscan.in in 2025. Landmark Ruling: ITAT Mumbai Upholds...

Annual Income Tax Case Digest: ITAT Decisions 2025 [Part I]

This annual round-up analytically summarizes the key Direct Tax-Income Tax rulings of the Income Tax Appellate Tribunal (ITAT) reported on Taxscan.in in 2025. Stamp Duty Value Difference...

Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) granted relief to a homebuyer after an income tax addition of Rs. 48 lakh was made on the allegation of on-money payment based...

ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]

TheCalcutta High Court has modified a compensation award, enhancing the compensation amount awardable to a victim from ₹15.05 Lakh to ₹39 Lakh, after affirming that Income Tax Returns (ITR) are...

Relief to Reliance Power: ITAT rejects Income tax Dept’s Challenge to Reduced S. 14A Disallowance [Read Order]

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the Income Tax Department's appeal against Reliance Power Ltd., upholding the relief granted by the Commissioner of...

Deductions Under Income Tax: Computation Methods, Regime Comparison, and Procedural Changes in New Income Tax Act [Old vs New Income Tax]

The Indian income tax framework has undergone significant transformations, particularly with the introduction of an optional new tax regime, fundamentally altering how taxpayers approach their...

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