![Allahabad HC Dismisses Petition Challenging Best Assessment by Income Tax in absence contrary proof [Read Order]](https://images.taxscan.in/h-upload/2025/08/03/500x300_2072653-allahabad-hc-petition-assessment-income-tax-contrary-proof-taxscan.webp "Allahabad HC Dismisses Petition Challenging Best Assessment by Income Tax in absence contrary proof [Read Order]")
Allahabad HC Dismisses Petition Challenging Best Assessment by Income Tax in absence contrary proof [Read Order]
The Allahabad High Court has held that when a best assessment is done, it is for the assessee to bring on record the facts that may reveal that the...
![Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071593-email-notice-email-notice-sent-to-id-not-cited-in-form-35-email-notice-sent-to-id-taxscan.webp "Email Notice Sent to ID Not Cited in Form 35: ITAT Remits Matter Noting Sufficient Cause for Non-Compliance [Read Order]")
![CBDT Notifies Income Tax Exemption for AICTE, HPCB, and WB Municipal Debt Fund Trust u/s 10(46) [Read Notification]](https://images.taxscan.in/h-upload/2025/08/03/250x150_2072600-cbdt-income-tax-exemption-aicte-hpcb-wb-debt-fund-trust-taxscan.webp "CBDT Notifies Income Tax Exemption for AICTE, HPCB, and WB Municipal Debt Fund Trust u/s 10(46) [Read Notification]")
![Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071595-cash-deposits-cash-deposits-treated-cash-deposits-treated-as-unexplained-taxsacn.webp "Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]")
![Assessee Wins Appeal as ITAT Slams CIT(A) for Skipping Key Legal Challenge on Search-Based Notice [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/250x150_2071277-assessee-wins-appeal-itat-slams-cita-skipping-key-legal-challenge-search-based-notice-taxscan.webp "Assessee Wins Appeal as ITAT Slams CIT(A) for Skipping Key Legal Challenge on Search-Based Notice [Read Order]")
Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has quashed a Rs. 12.56 lakh tax addition against a share trader, holding that frequent client code modifications (CCMs) alone cannot...
![Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071281-stock-trader.webp "Stock Trader Wins Appeal: ITAT Rules 63 Client Code Changes Alone Can’t Prove Income Escape [Read Order]")
ITAT Mumbai Quashes PCIT's Order Against NTT Global Networks; Allows ₹92.32 Lakh Deduction for CSR Donations Under Section 80G [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) in its recent ruling allowed the appeal of NTT Global Networks Pvt. Ltd., quashing the revisionary order of the Principal Commissioner of...
![ITAT Mumbai Quashes PCITs Order Against NTT Global Networks; Allows ₹92.32 Lakh Deduction for CSR Donations Under Section 80G [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071258-itat-mumbai-quashes-pcits-order-ntt-global-networks-allows-9232-lakh-deduction-csr-donations-section-80g-taxscan.webp "ITAT Mumbai Quashes PCITs Order Against NTT Global Networks; Allows ₹92.32 Lakh Deduction for CSR Donations Under Section 80G [Read Order]")
ITAT Slashes Tax Demand: Pune Developer’s Rs.1.1 Cr Cash Deposits Partly Accepted as Business Income [Read Order]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) reduced a tax demand on a plot seller by 77%, ruling that cash deposits in rural land transactions can't be entirely treated as unexplained...
![ITAT Slashes Tax Demand: Pune Developer’s Rs.1.1 Cr Cash Deposits Partly Accepted as Business Income [Read Order]](https://images.taxscan.in/h-upload/2025/07/31/500x300_2071290-cash-deposit-taxscan.webp "ITAT Slashes Tax Demand: Pune Developer’s Rs.1.1 Cr Cash Deposits Partly Accepted as Business Income [Read Order]")
ICSI Vows to Continue Fight for Recognition of Company Secretaries in Accountant Definition under New Income Tax Bill
The Institute of Company Secretaries of India (ICSI) has announced that it will continue to push for the inclusion of Company Secretaries (CS) in the definition of "Accountant" under the proposed...
![Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part II]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072041-itat-half-yearly-case-digest-taxscan.webp "Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part II]")