ITAT’s Rectification Power u/s 254(2) Confined to Apparent Errors, Not Review: Madras HC Allows Appeals against Income Re‑Determination
The Madras High Court, in a recent case, has allowed two appeals filed by the appellant, holding that the Income Tax Appellate Tribunal ( ITAT ) ...
![IPLC Payments Not ‘Royalty’ u/s 9 of Income Tax Act: Madras HC sets aside Disallowance u/s 40(a)(i) in Cognizants Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/03/2109834-madras-hc-disallowance-taxscan.webp "IPLC Payments Not ‘Royalty’ u/s 9 of Income Tax Act: Madras HC sets aside Disallowance u/s 40(a)(i) in Cognizants Case [Read Order]")
![Preity Good News!’ ITAT Quashes ₹10.84 Cr Income Tax Addition against Bollywood Actress Preity Zinta [Read Order]](https://images.taxscan.in/h-upload/2025/12/03/2109886-d6e09dab-5caa-41e2-8a12-3633fad29303.webp "Preity Good News!’ ITAT Quashes ₹10.84 Cr Income Tax Addition against Bollywood Actress Preity Zinta [Read Order]")
![Cash Sales of Jeweller on Demonetisation Day Held Genuine: ITAT Deletes S.68 Addition as Books Were Not Rejected [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/2108560-itat-cash-deposit-income-tax-act-taxscan.webp "Cash Sales of Jeweller on Demonetisation Day Held Genuine: ITAT Deletes S.68 Addition as Books Were Not Rejected [Read Order]")
![No Transfer Order from Delhi AO to Jaipur AO: ITAT Quashes 153C Assessment for Lack of Territorial Jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/2108593-no-transfer-order-delhi-ao-jaipur-ao-itat-territorial-jurisdiction-taxscan.webp "No Transfer Order from Delhi AO to Jaipur AO: ITAT Quashes 153C Assessment for Lack of Territorial Jurisdiction [Read Order]")
ITAT Deletes ₹37.87L Addition After AO Accepts Turnover Reconciliation: Holds CIT(A)’s Remand of 144 Order Improper [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal by deleting the addition of ₹37,87,140, after noting that the Assessing Officer (AO) had accepted the assessee’s...
![ITAT Deletes ₹37.87L Addition After AO Accepts Turnover Reconciliation: Holds CIT(A)’s Remand of 144 Order Improper [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/2108544-barred-reassessment-case-taxscan.webp "ITAT Deletes ₹37.87L Addition After AO Accepts Turnover Reconciliation: Holds CIT(A)’s Remand of 144 Order Improper [Read Order]")
Punjab & Haryana HC Remands Educational Institutions’ Income Tax Exemption Pleas for Reconsideration after SC Clarification [Read Order]
The Punjab and Haryana High Court at Chandigarh recently remanded a batch of writ petitions filed by various educational institutions seeking Income Tax exemption under Section 10(23C)(vi) of...
![Punjab & Haryana HC Remands Educational Institutions’ Income Tax Exemption Pleas for Reconsideration after SC Clarification [Read Order]](https://images.taxscan.in/h-upload/2025/12/02/2109516-0945e0b7-7197-4e66-a86f-fabf4f56bfbb.webp "Punjab & Haryana HC Remands Educational Institutions’ Income Tax Exemption Pleas for Reconsideration after SC Clarification [Read Order]")
Salary arrears of Deceased cannot be Taxed on Individual Capacity of Legal Heir : ITAT says NFAC Ignores S. 159 [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Agra Bench, has held that salary arrears belonging to a deceased person cannot be taxed in the personal/individual capacity of the legal heir. Instead,...
![Salary arrears of Deceased cannot be Taxed on Individual Capacity of Legal Heir : ITAT says NFAC Ignores S. 159 [Read Order]](https://images.taxscan.in/h-upload/2025/12/01/2109306-salary-arrears-deceased-individual-capacity-legal-heir-itat-nfac-taxscan.webp "Salary arrears of Deceased cannot be Taxed on Individual Capacity of Legal Heir : ITAT says NFAC Ignores S. 159 [Read Order]")
Bank of Baroda's Specific Condition Invalidates TP Adjustment on Corporate Guarantee Commission: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) directed the deletion of a Transfer Pricing (TP) adjustment of ₹21,46,000 proposed by the Transfer Pricing Officer (TPO) on account of ...
![Bank of Barodas Specific Condition Invalidates TP Adjustment on Corporate Guarantee Commission: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/2108702-bank-of-baroda-taxscan.jfif "Bank of Barodas Specific Condition Invalidates TP Adjustment on Corporate Guarantee Commission: ITAT [Read Order]")