![Taxpreparer files ITR-U showing Higher Income without Taxpayer’s Knowledge as OTP Shared: ITAT Remands for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/08/25/500x300_2080303-itr-u-higher-income-itat-taxscan.webp "Taxpreparer files ITR-U showing Higher Income without Taxpayer’s Knowledge as OTP Shared: ITAT Remands for Verification [Read Order]")
Taxpreparer files ITR-U showing Higher Income without Taxpayer’s Knowledge as OTP Shared: ITAT Remands for Verification [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) remanded a matter for verification where a tax preparer filed an updated Income Tax...
![Advance Receivables Qualify as Application of Income u/s 11(2): ITAT directs AO to accept Claim [Read Order]](https://images.taxscan.in/h-upload/2025/08/25/250x150_2080285-income-itat-directs-claim-taxscan.webp "Advance Receivables Qualify as Application of Income u/s 11(2): ITAT directs AO to accept Claim [Read Order]")
![Cash Deposits in Joint Account Declared in Wife’s ITR: ITAT Remits Matter as Individual Fails to Explain Source of Cash Deposits [Read Order]](https://images.taxscan.in/h-upload/2025/08/25/250x150_2080270-cash-deposits-joint-account-itr-itat-cash-deposits-taxscan.webp "Cash Deposits in Joint Account Declared in Wife’s ITR: ITAT Remits Matter as Individual Fails to Explain Source of Cash Deposits [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]](https://images.taxscan.in/h-upload/2025/08/24/250x150_2080120-working-capital-adjustment-alp-itat-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]")
![Centre Grants Income Tax Exemptions to Credit Guarantee Fund Trust for Animal Husbandry and Karnataka Construction Workers’ Welfare Board [Read Notification]](https://images.taxscan.in/h-upload/2025/08/24/250x150_2080115-income-tax-exemptions-credit-guarantee-fund-trust-animal-husbandry-and-karnataka-construction-workers-welfare-board-taxscan.webp "Centre Grants Income Tax Exemptions to Credit Guarantee Fund Trust for Animal Husbandry and Karnataka Construction Workers’ Welfare Board [Read Notification]")
P&H HC grants bail to Income Tax Officer in ₹25 lakh Bribery Case, Clarifies Direct Bail Plea Maintainable in Exceptional Circumstances [Read Order]
In a recent ruling, the Punjab and Haryana High Court observed that a bail plea filed directly before the High Court can be entertained in exceptional circumstances, and granted regular bail to an ...
![P&H HC grants bail to Income Tax Officer in ₹25 lakh Bribery Case, Clarifies Direct Bail Plea Maintainable in Exceptional Circumstances [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/500x300_2080113-ph-hc-bail-income-tax-officer-bribery-case-bail-exceptional-circumstances-taxscan.webp "P&H HC grants bail to Income Tax Officer in ₹25 lakh Bribery Case, Clarifies Direct Bail Plea Maintainable in Exceptional Circumstances [Read Order]")
Assessment set aside as AO Failed to Enquire into ₹90.89L Payments: ITAT upholds Revision u/s 263, Making Order Erroneous and Prejudicial to Revenue [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the revisionary order under section 263 of the Income Tax Act, 1961, and held that the Assessing Officer (AO) failed to enquire...
![Assessment set aside as AO Failed to Enquire into ₹90.89L Payments: ITAT upholds Revision u/s 263, Making Order Erroneous and Prejudicial to Revenue [Read Order]](https://images.taxscan.in/h-upload/2025/08/23/500x300_2079976-revision-order-taxscan.webp "Assessment set aside as AO Failed to Enquire into ₹90.89L Payments: ITAT upholds Revision u/s 263, Making Order Erroneous and Prejudicial to Revenue [Read Order]")
![ITAT WEEKLY ROUND-UP [August 17th - August 23rd]](https://images.taxscan.in/h-upload/2025/08/23/500x300_2079966-itat-weekly-round-up-itat-income-tax-income-tax-updates-itat-news-income-tax-news-taxscan.webp "ITAT WEEKLY ROUND-UP [August 17th - August 23rd]")
Club and Entrance Fees Disallowance u/s 37: ITAT Upholds CIT(A)'s Order Allowing Expenditure for MRF as Reasonable for Business [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]’s order allowing MRF’s expenditure on club and entrance fees as reasonable for...
![Club and Entrance Fees Disallowance u/s 37: ITAT Upholds CIT(A)s Order Allowing Expenditure for MRF as Reasonable for Business [Read Order]](https://images.taxscan.in/h-upload/2025/08/23/500x300_2079887-mrf-disallowance-itat-taxscan.webp "Club and Entrance Fees Disallowance u/s 37: ITAT Upholds CIT(A)s Order Allowing Expenditure for MRF as Reasonable for Business [Read Order]")
SanDisk India not a Taxable DAPE of Western Digital: ITAT Rejects Survey Based Profit Attribution of ₹194.44 Cr under India-US DTAA [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that SanDisk India is not a Dependent Agent Permanent Establishment (DAPE) of Western Digital Technologies Inc. under...
![SanDisk India not a Taxable DAPE of Western Digital: ITAT Rejects Survey Based Profit Attribution of ₹194.44 Cr under India-US DTAA [Read Order]](https://images.taxscan.in/h-upload/2025/08/23/500x300_2079938-sandisk-india-itat-western-digital-tax-case-taxscan.webp "SanDisk India not a Taxable DAPE of Western Digital: ITAT Rejects Survey Based Profit Attribution of ₹194.44 Cr under India-US DTAA [Read Order]")
ITAT fixes FMV of Land at ₹60/sq.m for Capital Gain Calculation, directs AO to Verify Deduction u/s 54 [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) has partly allowed the appeal by fixing the fair market value (FMV) of land at ₹60 per sq.m as on 01.04.1981 for capital gain computation...
![ITAT fixes FMV of Land at ₹60/sq.m for Capital Gain Calculation, directs AO to Verify Deduction u/s 54 [Read Order]](https://images.taxscan.in/h-upload/2025/08/23/500x300_2079909-itat-capital-gain-calculation-taxscan.webp "ITAT fixes FMV of Land at ₹60/sq.m for Capital Gain Calculation, directs AO to Verify Deduction u/s 54 [Read Order]")