Cumulative ₹1L Income Tax Paid by Firm and Partners Not Sufficient for Rule 86B Exemption: AAR
The Rajasthan Authority for Advance Ruling (AAR) has ruled that exemption under Rule 86B of the CGST Rules is not applicable where neither the...
![ITAT Scraps Rs. 14.2 Crore On-Money Tax Demand: No Evidence Found Against Real Estate Firm [Read Order]](https://images.taxscan.in/h-upload/2025/08/04/250x150_2072965-itat-on-money-tax-demand-real-estate-firm-taxscan.webp "ITAT Scraps Rs. 14.2 Crore On-Money Tax Demand: No Evidence Found Against Real Estate Firm [Read Order]")
![Supreme Court dismisses Revenue SLP over Income Tax Evasion by Bogus LTCG and STCL Claims [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/05/250x150_2073227-income-tax-evasion-taxscan.webp "Supreme Court dismisses Revenue SLP over Income Tax Evasion by Bogus LTCG and STCL Claims [Read Judgement]")
![Cumulative Income Tax Paid by Firm and Partners Not Eligible for Rule 86B Exemption: AAR [Read Order]](https://images.taxscan.in/h-upload/2025/08/05/250x150_2073176-income-tax-firm-partners-rule-86b-aar-taxscan.webp "Cumulative Income Tax Paid by Firm and Partners Not Eligible for Rule 86B Exemption: AAR [Read Order]")
![Ex-Parte Rejection of 80G Approval Application Set Aside: ITAT Directs CIT (Exemption) to Re-Examine Takshashila Education and Charitable Trust’s Plea [Read Order]](https://images.taxscan.in/h-upload/2025/08/05/250x150_2073207-charitabl-e-trust-taxscan.webp "Ex-Parte Rejection of 80G Approval Application Set Aside: ITAT Directs CIT (Exemption) to Re-Examine Takshashila Education and Charitable Trust’s Plea [Read Order]")
Rs.28 Lakh Addition under Business Income Unwarranted: ITAT allows Appeal as CIT(A) misses Capital Gain Rectification [Read Order]
The Income Tax Appellate Tribunal Bench at Ahmedabad, has held that the addition of ₹28,03,587 to business income in the case of Yogesh Himatlal Thakker was unwarranted, allowing his appeal and ...
![Rs.28 Lakh Addition under Business Income Unwarranted: ITAT allows Appeal as CIT(A) misses Capital Gain Rectification [Read Order]](https://images.taxscan.in/h-upload/2025/08/05/500x300_2073154-2060327-delay-in-filing-income-tax-appeal-income-tax-appeal-due-income-tax-appeal-taxscan.webp "Rs.28 Lakh Addition under Business Income Unwarranted: ITAT allows Appeal as CIT(A) misses Capital Gain Rectification [Read Order]")
![Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part VI]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072050-half-yearly-income-tax-case-digest-income-tax-case-digest-income-tax-taxscan.webp "Half-Yearly Income Tax Case Digest: ITAT Decisions 2025 [Part VI]")
“Time Is to Be Calculated by the Calendar, Not the Clock”: Jharkhand HC Slams Income Tax Dept for Ignoring Timely Reply [Read Order]
In a recent ruling, the Jharkhand High Court held that a taxpayer’s reply submitted on the last permitted date must be considered by the Income Tax Department, and that deadlines should be counted ...
![“Time Is to Be Calculated by the Calendar, Not the Clock”: Jharkhand HC Slams Income Tax Dept for Ignoring Timely Reply [Read Order]](https://images.taxscan.in/h-upload/2025/08/05/500x300_2073171-calculated-by-the-calendar-calendar-calculated-by-the-clock-jharkhand-hc-taxscan.webp "“Time Is to Be Calculated by the Calendar, Not the Clock”: Jharkhand HC Slams Income Tax Dept for Ignoring Timely Reply [Read Order]")
Bogus LTCG Addition without Incriminating Material in Search Assessment Invalid: ITAT Grants Relief u/s 10(38) [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition of Rs. 94,59,870 treated as bogus long-term capital gain (LTCG) and ruled that such addition was unsustainable in...
![Bogus LTCG Addition without Incriminating Material in Search Assessment Invalid: ITAT Grants Relief u/s 10(38) [Read Order]](https://images.taxscan.in/h-upload/2025/08/02/500x300_2072448-bogus-ltcg-itat-taxscan.webp "Bogus LTCG Addition without Incriminating Material in Search Assessment Invalid: ITAT Grants Relief u/s 10(38) [Read Order]")
Railway Guard Wins Tax Relief: ITAT orders Fresh Assessment After TDS Credit Denial Due to Missed Notices [Read Order]
The Income Tax Appellate Tribunal (ITAT), Raipur Bench, has granted relief to a Goods Train Guard with South Eastern Central Railway, directing a fresh assessment after tax authorities denied him...
![Railway Guard Wins Tax Relief: ITAT orders Fresh Assessment After TDS Credit Denial Due to Missed Notices [Read Order]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072972-tds-credit-taxscan.webp "Railway Guard Wins Tax Relief: ITAT orders Fresh Assessment After TDS Credit Denial Due to Missed Notices [Read Order]")