Income Tax Compliance Calendar for November 2025
As the financial year 2024-25 moves into its final quarter, November 2025 brings a busy schedule of tax compliance deadlines for individuals,...
![Delhi HC Sets Aside ITAT Order for Lack of Reasoned Findings on Functional Comparability in Transfer Pricing Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/2101588-delhi-hc-itat-order-reasoned-findings-functional-comparability-transfer-pricing-case-txn.webp "Delhi HC Sets Aside ITAT Order for Lack of Reasoned Findings on Functional Comparability in Transfer Pricing Case [Read Order]")
![Absence of Recorded Satisfaction Invalidates Disallowance u/s 14A: ITAT rules in Favour of SICPA India [Read Order]](https://images.taxscan.in/h-upload/2025/11/02/2101657-absence-recorded-satisfaction-invalidates-disallowance-us-14a-itat-rules-favour-sicpa-india-txn.webp "Absence of Recorded Satisfaction Invalidates Disallowance u/s 14A: ITAT rules in Favour of SICPA India [Read Order]")
![Police Canteen Transactions with Members Not Business Activity, No Audit Required u/s 44AB: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/02/2101654-police-canteen-transactions-business-activity-audit-required-us-44ab-itat-txn.webp "Police Canteen Transactions with Members Not Business Activity, No Audit Required u/s 44AB: ITAT [Read Order]")
LTCG Addition for Sale of Immovable Property: ITAT Deletes addition Citing Taxpayer as Mere Power of Attorney Holder [Read Order]
The Rajkot Bench of Income Tax Appellate Tribunal (ITAT) has set aside an order confirming the addition of ₹16,99,579 as Long Term Capital Gain (LTCG) on the sale of an immovable property. remanded ...
![LTCG Addition for Sale of Immovable Property: ITAT Deletes addition Citing Taxpayer as Mere Power of Attorney Holder [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/2101319-ltcg-ltcg-addition-sale-of-immovable-property-itat-mere-power-of-attorney-holder-taxscan.webp "LTCG Addition for Sale of Immovable Property: ITAT Deletes addition Citing Taxpayer as Mere Power of Attorney Holder [Read Order]")
Cash Deposits during Demonetisation: Delhi HC strikes down Income Tax Order u/s 148(A)(d) for lack of prior notice to Assessee [Read Order]
The Delhi High Court has quashed an order passed under Section 148A(d) of the Income Tax Act, 1961, in a case concerning cash deposits made during the demonetisation period. The Court observed...
![Cash Deposits during Demonetisation: Delhi HC strikes down Income Tax Order u/s 148(A)(d) for lack of prior notice to Assessee [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/2101507-demonetization-site-image-2.webp "Cash Deposits during Demonetisation: Delhi HC strikes down Income Tax Order u/s 148(A)(d) for lack of prior notice to Assessee [Read Order]")
Chartered Accountants body Seeks Uniform Relief for Taxpayers Filing Form 3CEB u/s 92E of Income Tax Act [Read Circular]
The Karnataka State Chartered Accountants Association (KSCAA) has written to the Central Board of Direct Taxes (CBDT) explaining an anomaly in the recently issued Circular No. 15/2025 and the Press ...
![Chartered Accountants body Seeks Uniform Relief for Taxpayers Filing Form 3CEB u/s 92E of Income Tax Act [Read Circular]](https://images.taxscan.in/h-upload/2025/11/01/2101537-chartered-accountants-seeks-taxpayers-filing-form-income-tax-act-taxscan.webp "Chartered Accountants body Seeks Uniform Relief for Taxpayers Filing Form 3CEB u/s 92E of Income Tax Act [Read Circular]")
Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeals, confirming that the deduction claimed under Section 36(1)(viia)(c) for provision for bad and doubtful...
![Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/2101470-itat-mumbai-sidbi-itat-computation-of-deduction-taxscan.webp "Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]")
AO Failed to Record Proper Satisfaction to Invoke R. 8D: ITAT Restricts Disallowance to SIDBI's Calculation [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) restricted the disallowance made under Section 14A of the Income Tax Act to the suo-motu disallowance already computed by the assessee ...
![AO Failed to Record Proper Satisfaction to Invoke R. 8D: ITAT Restricts Disallowance to SIDBIs Calculation [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/2101461-proper-satisfaction-itat-disallowance-sidbis-sidbis-calculation-itat-restricts-disallowance-taxscan.webp "AO Failed to Record Proper Satisfaction to Invoke R. 8D: ITAT Restricts Disallowance to SIDBIs Calculation [Read Order]")
No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of an addition made by the Assessing Officer (AO) regarding the disallowance of bad debts under Section36(1)(vii)...
![No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/2101457-itat-mumbai-sidbi-bad-debts-taxscan.webp "No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]")