Income Tax Refunds above ₹50,000: Here’s Why Some Get Delayed
As the deadline for filing income tax returns (September 16, 2025) has passed, many taxpayers are waiting for refunds. Those expecting refunds above...
![12 days delay in filing ITR: Delhi HC Quashes order passed in Mechanical Manner [Read Order]](https://images.taxscan.in/h-upload/2025/09/22/250x150_2089490-itr-filing-taxscan.webp "12 days delay in filing ITR: Delhi HC Quashes order passed in Mechanical Manner [Read Order]")
![Delayed filing of ITR due to mistake by Accountant: Delhi HC sets aside Income tax order [Read Order]](https://images.taxscan.in/h-upload/2025/09/22/250x150_2089483-itr-filing-delayed-taxscan.webp "Delayed filing of ITR due to mistake by Accountant: Delhi HC sets aside Income tax order [Read Order]")
![Delhi HC upholds ITAT order allowing Exemption Claim made by Charitable Trust u/s 10(23C)(iv) of Income Tax Act, Considering Previous year Position [Read Order]](https://images.taxscan.in/h-upload/2025/09/22/250x150_2089477-charitable-trust-taxscan.webp "Delhi HC upholds ITAT order allowing Exemption Claim made by Charitable Trust u/s 10(23C)(iv) of Income Tax Act, Considering Previous year Position [Read Order]")
![Subsequent Court Ruling Cannot be Ground for ITAT to Recall Order u/s 254(2): Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089144-subsequent-court-ruling-itat-recall-order-bombay-hc.webp "Subsequent Court Ruling Cannot be Ground for ITAT to Recall Order u/s 254(2): Bombay HC [Read Order]")
Disallowance of ₹2.26 Lakh Bonus as Dividend Due to Audit Report Error: ITAT Deletes Addition Based on CA’s Certificate [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition of ₹2.26 lakh made by the Assessing Officer (AO ), based on the Chartered Accountant’s (CA) corrective certificate,...
![Disallowance of ₹2.26 Lakh Bonus as Dividend Due to Audit Report Error: ITAT Deletes Addition Based on CA’s Certificate [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089029-audit-report-error-taxscan.webp "Disallowance of ₹2.26 Lakh Bonus as Dividend Due to Audit Report Error: ITAT Deletes Addition Based on CA’s Certificate [Read Order]")
Loans from Sister Concern Treated as Deemed Dividend u/s 2(22)(e): ITAT Deletes Addition, Treating It as Business Current Account with Interest Repayment [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition of deemed dividend under section 2(22)(e) of Income Tax Act,1961, on loans received from a sister concern,...
![Loans from Sister Concern Treated as Deemed Dividend u/s 2(22)(e): ITAT Deletes Addition, Treating It as Business Current Account with Interest Repayment [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089037-itat-ahmedabad-loans-interest-repayment-taxscan.webp "Loans from Sister Concern Treated as Deemed Dividend u/s 2(22)(e): ITAT Deletes Addition, Treating It as Business Current Account with Interest Repayment [Read Order]")
ITAT Deletes ₹10.42 Lakh Addition u/s 69A as Cash Deposits during Demonetization Explained by Withdrawals [Read Order]
The Ranchi Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition of ₹10.42 lakh under section 69A of Income Tax Act,1961, holding that cash deposits made during the demonetization ...
![ITAT Deletes ₹10.42 Lakh Addition u/s 69A as Cash Deposits during Demonetization Explained by Withdrawals [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089036-itat-cash-deposits-withdrawals-taxscan.webp "ITAT Deletes ₹10.42 Lakh Addition u/s 69A as Cash Deposits during Demonetization Explained by Withdrawals [Read Order]")
Disallowance of ₹16.28 Lakh Bogus Purchase without Rejection of Books: ITAT Restricts Addition to ₹1.29 Lakh Applying GP Rate [Read Order]
The Ranchi Bench of Income Tax Appellate Tribunal ( ITAT ) partly allowed the appeal and restricted the addition of ₹16.28 lakh for alleged bogus purchases to ₹1.29 lakh by applying a 7.92% gross ...
![Disallowance of ₹16.28 Lakh Bogus Purchase without Rejection of Books: ITAT Restricts Addition to ₹1.29 Lakh Applying GP Rate [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089034-disallowance-bogus-purchase-itat-restricts-addition-taxscan.webp "Disallowance of ₹16.28 Lakh Bogus Purchase without Rejection of Books: ITAT Restricts Addition to ₹1.29 Lakh Applying GP Rate [Read Order]")
Income Tax Penalty Cannot Be Levied on Estimated Additions for Alleged Bogus Purchases: Bombay HC [Read Order]
In a recent ruling, the Bombay High Court held that income tax penalty cannot be imposed when additions are made only on an estimated basis in cases of alleged bogus purchases. Colo Colour Pvt....
![Income Tax Penalty Cannot Be Levied on Estimated Additions for Alleged Bogus Purchases: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089066-income-tax-pently-bogus-purchases-sales-taxscan.webp "Income Tax Penalty Cannot Be Levied on Estimated Additions for Alleged Bogus Purchases: Bombay HC [Read Order]")
Disallowance of Rs.10.28 Lakh Interest on Loan by Charitable Trust as Application of Income: ITAT Sets Aside CIT(A) Order [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the Commissioner of Income Tax (Appeals)[CIT(A)] order in the case concerning the disallowance of Rs.10.28 lakh interest on loan...
![Disallowance of Rs.10.28 Lakh Interest on Loan by Charitable Trust as Application of Income: ITAT Sets Aside CIT(A) Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2089018-itat-delhi-trust-taxscan.webp "Disallowance of Rs.10.28 Lakh Interest on Loan by Charitable Trust as Application of Income: ITAT Sets Aside CIT(A) Order [Read Order]")