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Income Tax Assessment Order issued without DIN is Void Ab Initio: ITAT [Read Order]

Advika Dwivedi

The Income Tax Appellate Tribunal (ITAT), Mumbai ruled that the income tax assessment order issued without mentioning Document Identification...

TDS on Loan Acquisition Payments : ITAT Rules Payments to Piramal Enterprises Not Treated as...

INR 25 Lakh Cash Contribution by Directors Treated as Unexplained: ITAT Sets Aside CIT(A) Order,...

Dispute Over ₹39.91 Lakh Time Deposit with Bank of Baroda: ITAT Remands Matter to AO for...

Taxing Corresponding Interest Income on Asset Transfer to SPVs on Assessee amounts to Double...

Notice by Non-Jurisdictional AO Invalid: ITAT Renders Addition u/s 69A Void Ab Initio [Read Order]

The Income Tax Appellate Tribunal (ITAT), Jaipur, has ruled that a notice issued by a non-jurisdictional Assessing Officer is invalid, rendering the addition under Section 69A of the Income Tax...

S. 194C(6) & 194C(7) Operates Independently: ITAT directs to Reconsider Disallowance of Transportation charges u/s 40(a)(ia) [Read Order]

The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that Sections 194C(6) and 194C(7) of the Income Tax Act, 1961 operate independently and that failure to file Form 26Q under...

Central Govt exempts Four Government Entities from Income Tax Purview u/s 10(46)

The Central Government has notified exemption to four statutory bodies from Income Tax under Section 10(46) of the Income Tax Act, 1961. The notifications, issued by the Central Board of Direct Taxes...

CBDT issues Corrigendum to Income Tax Act, 2025 [Read Notification]

The Central Board of Direct Taxes (CBDT), through the Ministry of Law and Justice, has issued a corrigendum to the recently enacted Income-tax Act, 2025 (30 of 2025), correcting several typographical...

Revenue Challenges Gujarat HC Order on Reopening Income Tax Assessment Based on External Trading Data Before Supreme Court [Read Order]

The Revenue approached the Supreme Court challenging a Gujarat High Court judgment that quashed a reassessment notice issued under Section 148 of the Income Tax Act, 1961, on the ground that the...

Rajasthan Tax Consultant’s Association Urges Finance Minister and CBDT to Extend Date of Tax Audit Report to 15th Nov

On September 1, 2025, the Rajasthan Tax Consultant’s Association (RTCA), Jaipur, has urged the Union Finance Minister and the Chairman of the Central Board of Direct Taxes (CBDT) to extend the due ...

Trust Activities Not Found Wholly Religious: ITAT says Free Feeding, Education is Charitable, Orders Reconsideration of 12AB & 80G Applications [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Bangalore Bench, has set aside the order of the Commissioner of Income Tax (Exemptions) [CIT(E)] which had classified Charitable Trust as a religious...

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