![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]")
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...
![Disallowance of Rs.6.78 Lakh Cash Deposits as Unexplained Investment: ITAT Allows Claim Based on Agricultural, Transportation, and Family Income [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/250x150_2089024-itat-ahmedabad-disallowance-unexplained-investment-taxscan.webp "Disallowance of Rs.6.78 Lakh Cash Deposits as Unexplained Investment: ITAT Allows Claim Based on Agricultural, Transportation, and Family Income [Read Order]")
![Unexplained Investment of ₹10.33 lakh in Immovable Property u/s 69: ITAT Deletes Addition considering Retirement benefits and Loan support [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/250x150_2089015-investment-itat-retirement-benefits-taxscan.webp "Unexplained Investment of ₹10.33 lakh in Immovable Property u/s 69: ITAT Deletes Addition considering Retirement benefits and Loan support [Read Order]")
![Setting-Off Short-Term Capital Loss in Shares where Securities Transaction Tax Paid: ITAT deletes iShares MSCI India’s ₹270 Cr Income Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/250x150_2088968-short-term-capital-loss-income-addition-msci-securities-transaction-tax-taxscan.webp "Setting-Off Short-Term Capital Loss in Shares where Securities Transaction Tax Paid: ITAT deletes iShares MSCI India’s ₹270 Cr Income Addition [Read Order]")
![Income Tax Assessment Made Under Old ‘Firm’ PAN instead of New ‘Company’ PAN: ITAT directs CIT(A) to verify Transactions in Books of Accounts [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/250x150_2088957-income-tax-old-firm-pan-itat-taxscan.webp "Income Tax Assessment Made Under Old ‘Firm’ PAN instead of New ‘Company’ PAN: ITAT directs CIT(A) to verify Transactions in Books of Accounts [Read Order]")
Bombay HC remands Order of ITAT to Decide on Nature of Service of AMC Charges on Medical Equipment X-ray machines and its TDS deduction [Read Order]
The Bombay High Court has held that the remand order of the ITAT ( Income Tax Appellate Tribunal )is to decide on the nature of the service of AMC Charges on medical equipment X-ray machines and...
![Bombay HC remands Order of ITAT to Decide on Nature of Service of AMC Charges on Medical Equipment X-ray machines and its TDS deduction [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/500x300_2088959-x-ray-machine.webp "Bombay HC remands Order of ITAT to Decide on Nature of Service of AMC Charges on Medical Equipment X-ray machines and its TDS deduction [Read Order]")
ICAI submits Representation to Finance Ministry about Tax Audit Report Due Date, Other Income Tax Related Concerns [View Representation Here]
The Institute of Chartered Accountants of India (ICAI) has written to the Central Board of Direct Taxes (CBDT) addressing concerns over income tax compliance timelines for Assessment Year 2025-26. ...
![ICAI submits Representation to Finance Ministry about Tax Audit Report Due Date, Other Income Tax Related Concerns [View Representation Here]](https://images.taxscan.in/h-upload/2025/09/19/500x300_2088659-icai-submits-representation-income-tax-taxscan.webp "ICAI submits Representation to Finance Ministry about Tax Audit Report Due Date, Other Income Tax Related Concerns [View Representation Here]")
Delhi HC Upholds Notice issued u/s 148A(b) of Income Tax Act in absence of Submission of Details of Commission on percentage of Insurance premium receipts [Read Order]
The Delhi High Court upheld the notice issued under section 148A(b) of the Income Tax Act, 1961, in the absence of the submission of Details of the commission on the percentage of insurance...
![Delhi HC Upholds Notice issued u/s 148A(b) of Income Tax Act in absence of Submission of Details of Commission on percentage of Insurance premium receipts [Read Order]](https://images.taxscan.in/h-upload/2025/09/19/500x300_2088586-delhi-hc-income-tax-act-taxscan.webp "Delhi HC Upholds Notice issued u/s 148A(b) of Income Tax Act in absence of Submission of Details of Commission on percentage of Insurance premium receipts [Read Order]")
AO not competent to pass Draft Assessment Order u/s 144C(1) of Income Tax Act when TPO Makes no Variation: Bombay HC [Read Order]
The Bombay High Court has held that a draft assessment order is not permissible under section 144C(1) of the Income Tax Act when the TPO (transfer pricing officer) makes no variation.Classic Legends...
![AO not competent to pass Draft Assessment Order u/s 144C(1) of Income Tax Act when TPO Makes no Variation: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/19/500x300_2088582-ao-draft-assessment-order-income-tax-act-tpo-bombay-hc-taxscan.webp "AO not competent to pass Draft Assessment Order u/s 144C(1) of Income Tax Act when TPO Makes no Variation: Bombay HC [Read Order]")
HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Pune Bench, held that an assessee is entitled to claim only 50% deduction of House Rent Allowance (HRA) where the rent agreement stands...
![HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]](https://images.taxscan.in/h-upload/2025/09/19/500x300_2088550-hra-rent-taxscan.webp "HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]")
