Income Tax Compliance Calendar for September 2025
September is one of the most important months for income tax compliance in India. Many key deadlines for filing returns, paying advance tax, ...
![CIT(A) Obligated to Dispose Off Appeal on Merits, Cannot Dismiss on Non-Prosecution of Assessee: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/250x150_2082147-cita-appeal-merits-non-prosecution-itat-taxscan.webp "CIT(A) Obligated to Dispose Off Appeal on Merits, Cannot Dismiss on Non-Prosecution of Assessee: ITAT [Read Order]")
![Non-speaking, cryptic, and mechanical Income Tax Order by quasi-judicial authorities is Invalid: ITAT rules in Favour of Lions Club [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/250x150_2082164-lions-club-taxscan.webp "Non-speaking, cryptic, and mechanical Income Tax Order by quasi-judicial authorities is Invalid: ITAT rules in Favour of Lions Club [Read Order]")
![Concessional Tax Rate u/s 115BAA denied due to Non-Filing of Form 10-IC: ITAT direct AO to Re-consider Claim Conditionally [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/250x150_2082143-form-10-1c-taxscan.webp "Concessional Tax Rate u/s 115BAA denied due to Non-Filing of Form 10-IC: ITAT direct AO to Re-consider Claim Conditionally [Read Order]")
![Relief to Thermo Fisher: ITAT allows Depreciation Claim on Supply & Maintenance Contracts Acquired via Slump Sale [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/250x150_2082141-thermo-fisher.webp "Relief to Thermo Fisher: ITAT allows Depreciation Claim on Supply & Maintenance Contracts Acquired via Slump Sale [Read Order]")
Cash Deposits Claimed from Building Material Business: ITAT Directs AO to Verify as Assessee Could Not Substantiate Turnover Beyond Returns [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ranchi Bench, has directed the Assessing Officer (AO) to re-examine the case of assessee, who had deposited ₹26.60 lakh during the demonetization period,...
![Cash Deposits Claimed from Building Material Business: ITAT Directs AO to Verify as Assessee Could Not Substantiate Turnover Beyond Returns [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/500x300_2082133-cash-deposits-building-material-business-itat-taxscan.webp "Cash Deposits Claimed from Building Material Business: ITAT Directs AO to Verify as Assessee Could Not Substantiate Turnover Beyond Returns [Read Order]")
Digital Inspection Power Expanded for Benami Transactions: The Newly Passed Income Tax Bill, 2025 Strengthens E-Governance
A New Era of Financial Transparency When Rajesh Kumar, a mid-level government employee earning ₹50,000 monthly, was found to own properties worth ₹15 crores across Mumbai and Pune, traditional ...
Section 56(2)(vii)(b)(ii) does Not Apply to Land Purchase Made Prior to 1st April 2014: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Lucknow bench, deleted the addition made under Section 56(2)(vii)(b)(ii) of the Income Tax Act, 1961, holding that the provision is prospective and applies...
![Section 56(2)(vii)(b)(ii) does Not Apply to Land Purchase Made Prior to 1st April 2014: ITAT deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/500x300_2081862-profit-twin-land-transactions-taxable-business-income-not-capital-income-itat-taxscan-1.webp "Section 56(2)(vii)(b)(ii) does Not Apply to Land Purchase Made Prior to 1st April 2014: ITAT deletes Addition [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, 1961, after noting that the Registry had issued a...
![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]")
Stock Exchange and Demat Records Prove Share Transactions: ITAT deletes Additions u/s 153A [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai examined whether additions towards disallowance of interest expenditure, capital gains, and estimated commission expenses made under Section 153A of...
![Stock Exchange and Demat Records Prove Share Transactions: ITAT deletes Additions u/s 153A [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/500x300_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]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad ruled that the reassessment against struck-off company is void-ab-initio. The tribunal confirmed the strike off of the company from Zauba Corp...
![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/2025/08/29/500x300_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]
The Income Tax Appellate Tribunal (ITAT), Chennai, has ruled that expenditure incurred on interior works and essential utility connections can be treated as part of the cost of acquisition of a new...
![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/2025/08/29/500x300_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]")