![Possible Double Disallowance of Bonus and Interest u/s 43B: ITAT Remands for Verification to Prevent Duplication [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102335-disallowance-bonus-and-interest-itat-verification-to-prevent-duplication-taxscan.webp "Possible Double Disallowance of Bonus and Interest u/s 43B: ITAT Remands for Verification to Prevent Duplication [Read Order]")
Possible Double Disallowance of Bonus and Interest u/s 43B: ITAT Remands for Verification to Prevent Duplication [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has directed verification of potential duplication in the disallowance of unpaid bonus...
![Commission for Overseas Services Rendered Abroad: ITAT Deletes Disallowance for Non-Deduction of TDS [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102323-services-rendered-abroad-itat-disallowance-non-deduction-tds-taxscan.webp "Commission for Overseas Services Rendered Abroad: ITAT Deletes Disallowance for Non-Deduction of TDS [Read Order]")
![Unspent Research Grant of ₹13.05 Lakh Treated as Deferred Liability: ITAT Holds Amount Non-Taxable Until Project Utilisation [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102331-pi7toolunspent-research-grant-liability-itat-taxscan.webp "Unspent Research Grant of ₹13.05 Lakh Treated as Deferred Liability: ITAT Holds Amount Non-Taxable Until Project Utilisation [Read Order]")
![Partial Relief for IIECL: ITAT Holds Only Profit Margin Taxable, Restricts Addition on ₹92.20 Lakh Bogus Purchases to 5% [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102318-iiecl-itat-profit-margin-taxable-restricts-bogus-taxscan.webp "Partial Relief for IIECL: ITAT Holds Only Profit Margin Taxable, Restricts Addition on ₹92.20 Lakh Bogus Purchases to 5% [Read Order]")
![Tax Audit u/s 44AB Not Applicable When Turnover is Below ₹60 Lakh: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102287-tax-audit-itat-itat-deletes-addition-applicable-when-turnover-taxscan.webp "Tax Audit u/s 44AB Not Applicable When Turnover is Below ₹60 Lakh: ITAT Deletes Addition [Read Order]")
NRI Property Sale: Decoding Capital Gains, TDS Obligations under IT Act, and Repatriation Compliance under FEMA
The sale of immovable property in India by a Non-Resident Indian (NRI) triggers a cascade of tax and regulatory compliance requirements, necessitating a careful understanding of the Income Tax Act, ...
Unexplained Cash Deposits in Co-op Credit Society Require Verification: ITAT Remands ₹5 Cr Addition u/s 69A for Fresh Adjudication [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a ₹5 crore addition made under Section 69A of the Income Tax Act, holding that cash deposits in a co-operative credit...
![Unexplained Cash Deposits in Co-op Credit Society Require Verification: ITAT Remands ₹5 Cr Addition u/s 69A for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102313-unexplained-cash-deposits-co-op-credit-society-itat-taxscan.webp "Unexplained Cash Deposits in Co-op Credit Society Require Verification: ITAT Remands ₹5 Cr Addition u/s 69A for Fresh Adjudication [Read Order]")
Funds Declared in Settlement Proceedings Cannot Be Treated as Unexplained Loans: Delhi HC rejects Revenue Appeal in Income Tax Case [Read Order]
The Delhi High Court has held that funds disclosed and taxed in proceedings before the Income Tax Settlement Commission cannot subsequently be treated as unexplained loans under Section 68 of the...
![Funds Declared in Settlement Proceedings Cannot Be Treated as Unexplained Loans: Delhi HC rejects Revenue Appeal in Income Tax Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102300-funds-declared-settlement-proceedings-unexplained-loans-delhi-hc-revenue-appeal-income-tax-case-taxscan.webp "Funds Declared in Settlement Proceedings Cannot Be Treated as Unexplained Loans: Delhi HC rejects Revenue Appeal in Income Tax Case [Read Order]")
Reassessment Notice beyond 3 years Requires Mandatory Approval from PCCIT: ITAT Quashes Notice against Barclays [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal of the Revenue and upheld the order of the Commissioner of Income Tax (Appeals) ( CIT(A) ) which had quashed the...
![Reassessment Notice beyond 3 years Requires Mandatory Approval from PCCIT: ITAT Quashes Notice against Barclays [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102288-itat-mumbai-reassessment-notice-itat-quashes-taxscan.webp "Reassessment Notice beyond 3 years Requires Mandatory Approval from PCCIT: ITAT Quashes Notice against Barclays [Read Order]")
Late ESI Contribution Deposited Before ITR Due Date: ITAT Upholds Deletion of Disallowance [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) confirmed the deletion of an addition made under Section 36(1)(va) read with Section 2(24)(x) of the Income Tax Act, 1961 (the Act) for ...
![Late ESI Contribution Deposited Before ITR Due Date: ITAT Upholds Deletion of Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102213-itat-jaipur-esi-itat-upholds-disallowance-taxscan.webp "Late ESI Contribution Deposited Before ITR Due Date: ITAT Upholds Deletion of Disallowance [Read Order]")
ITAT Upholds ITR of Aishwarya Rai Bachchan, Deletes ₹4.11 Crore Disallowance u/s 14A [Read Order]
The Income‑Tax Appellate Tribunal, Mumbai Bench (ITAT) has dismissed the Revenue’s appeal against Aishwarya Rai Bachchan in her income‑tax dispute for the assessment year 2022‑23. The tribunal...
![ITAT Upholds ITR of Aishwarya Rai Bachchan, Deletes ₹4.11 Crore Disallowance u/s 14A [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102268-itat-itr-aishwarya-rai-bachchan-disallowance-taxscan.webp "ITAT Upholds ITR of Aishwarya Rai Bachchan, Deletes ₹4.11 Crore Disallowance u/s 14A [Read Order]")
TDS Mismatch on Commission Income Compared to Form 26AS: ITAT Upholds Deletion of ₹2.16 Crore Addition citing Audited Books [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) confirmed the deletion of an addition of ₹2,16,27,822 made under Section 69A of the Income Tax Act, 196 due to a mismatch between the ...
![TDS Mismatch on Commission Income Compared to Form 26AS: ITAT Upholds Deletion of ₹2.16 Crore Addition citing Audited Books [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102169-tds-commission-income-form-26as-taxscan.webp "TDS Mismatch on Commission Income Compared to Form 26AS: ITAT Upholds Deletion of ₹2.16 Crore Addition citing Audited Books [Read Order]")