![Revenue Ignores Registry’s Defect Memo and Reminders sent by Registry: ITAT dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/500x300_2081839-itat-lucknow-bench-revenues-appeal-revenue-taxscan.webp "Revenue Ignores Registry’s Defect Memo and Reminders sent by Registry: ITAT dismisses Revenue’s Appeal [Read Order]")
Revenue Ignores Registry’s Defect Memo and Reminders sent by Registry: ITAT dismisses Revenue’s Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Lucknow, dismissed the Revenue’s appeal relating to penalty under Section 271D of the Income Tax Act,...
![Stock Exchange and Demat Records Prove Share Transactions: ITAT deletes Additions u/s 153A [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/250x150_2081834-stock-exchange-demat-records-share-transactions-itat-taxscan.webp "Stock Exchange and Demat Records Prove Share Transactions: ITAT deletes Additions u/s 153A [Read Order]")
![Reassessment against Struck-Off Company Void-Ab-Initio: ITAT Relies on Zauba Corp and MCA Records Confirming Strike-Off Status [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/250x150_2081831-reassessment-itat-taxscan.webp "Reassessment against Struck-Off Company Void-Ab-Initio: ITAT Relies on Zauba Corp and MCA Records Confirming Strike-Off Status [Read Order]")
![Expenses on Interiors and Utility Connections for Residential Property Qualify as Cost of Acquisition u/s 54: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/250x150_2081820-section-54-itat-chennai-cost-of-acquisition-property-taxscan.webp "Expenses on Interiors and Utility Connections for Residential Property Qualify as Cost of Acquisition u/s 54: ITAT [Read Order]")
![Section 115BBE of Income Tax Act Applies on Transactions On or After 01.04.2017 Only: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/250x150_2081806-income-tax-act-income-tax-income-tax-act-applies-transactions-taxscan.webp "Section 115BBE of Income Tax Act Applies on Transactions On or After 01.04.2017 Only: ITAT [Read Order]")
Can Joint Ownership of Residential House Disqualify Section 54F Claim? Case Analysis of ITAT Delhi Ruling
The Section 54F of the Income Tax Act, 1961, provides exemption from long-term capital gains ( LTCG ) if the proceeds from the sale of a long-term capital asset (other than a residential house) are...
Income Tax Notices sent to Old E-mail Address, Made Ex-parte Addition u/s 69A: ITAT Restores Matter to AO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune, has set aside an assessment order sustaining additions under Section 69A of the Income Tax Act, 1961, on account of unexplained cash deposits. The...
![Income Tax Notices sent to Old E-mail Address, Made Ex-parte Addition u/s 69A: ITAT Restores Matter to AO [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/500x300_2081824-income-tax-notices-e-mail-address-ex-parte-itat-ao-taxscan.webp "Income Tax Notices sent to Old E-mail Address, Made Ex-parte Addition u/s 69A: ITAT Restores Matter to AO [Read Order]")
Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]
The New Delhi bench of the Income Tax Appellate Tribunal(ITAT) directed the re adjudication against the case of Schneider Electric India Private Limited regarding the allegation of failure to ...
![Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/500x300_2081752-tat-new-delhi-itat-directs-schneider-electric-india-pvt-ltd-taxscan.webp "Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]")
“Own” in S.54F of Income Tax Act means Absolute Ownership: ITAT Clarifies Jointly-Owned Properties Not a Bar to Exemption [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently deliberated an appeal relating to the applicability of exemption under Section 54F of the Income Tax Act, 1961, and the...
![“Own” in S.54F of Income Tax Act means Absolute Ownership: ITAT Clarifies Jointly-Owned Properties Not a Bar to Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/500x300_2081837-income-tax-act-absolute-ownership-itat-jointly-owned-properties-bar-to-exemption-taxscan.webp "“Own” in S.54F of Income Tax Act means Absolute Ownership: ITAT Clarifies Jointly-Owned Properties Not a Bar to Exemption [Read Order]")
Allegation of using Personal Bank account of Employees for Income Tax Benefit: Gujarat HC dismisses petition to quash FIR [Read Order]
In a recent case, the Gujarat High Court dismissed the petition to quash the FIR alleging the use of using personal bank accounts of employees for income tax benefits. The allegation was that the...
![Allegation of using Personal Bank account of Employees for Income Tax Benefit: Gujarat HC dismisses petition to quash FIR [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/500x300_2081758-personal-bank-account-bank-account-income-tax-benefit-income-tax-taxscan.webp "Allegation of using Personal Bank account of Employees for Income Tax Benefit: Gujarat HC dismisses petition to quash FIR [Read Order]")