![Taxpayers Cannot be Left at Mercy of Assessing Officer for Genuine Income Tax Refund Delays: Allahabad HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/2096176-income-tax-refund.webp "Taxpayers Cannot be Left at Mercy of Assessing Officer for Genuine Income Tax Refund Delays: Allahabad HC [Read Order]")
Taxpayers Cannot be Left at Mercy of Assessing Officer for Genuine Income Tax Refund Delays: Allahabad HC [Read Order]
The High Court of Allahabad ruled that taxpayers cannot be left at mercy of assessing officer (AO) for genuine income tax refund delays.U.P. Rajya...
![ESOP Discount Allowable as Business Deduction: ITAT affirms Consistent View in Goldman Sachs Case [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/2096146-esop-business-deduction-itat-goldman-sachs-case-goldman-sachs-taxscan.webp "ESOP Discount Allowable as Business Deduction: ITAT affirms Consistent View in Goldman Sachs Case [Read Order]")
![Transfer of Undertaking through Court-Approved Scheme Not Taxable as Slump Sale: ITAT Rules S. 50B Inapplicable as Transfer Not result of Sale [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/2096107-slump-sale-itat-rules-taxscan.webp "Transfer of Undertaking through Court-Approved Scheme Not Taxable as Slump Sale: ITAT Rules S. 50B Inapplicable as Transfer Not result of Sale [Read Order]")
![Income Tax Reassessment Notices issued for Share Transfer: Delhi HC Sets Aside Notices, Remands for Fresh Consideration [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/2096183-income-tax-reassessment-notices-share-transfer-delhi-hc-taxscan.webp "Income Tax Reassessment Notices issued for Share Transfer: Delhi HC Sets Aside Notices, Remands for Fresh Consideration [Read Order]")
![Assessment Without Inquiry on Co-owners Source of Payment on Property Purchase: ITAT Orders Fresh Enquiry [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/2096053-property-purchase-taxscan.webp "Assessment Without Inquiry on Co-owners Source of Payment on Property Purchase: ITAT Orders Fresh Enquiry [Read Order]")
![Items Reportable in Tax Audit Report & Key Clauses of Form 3CD [Checklist Here]](https://images.taxscan.in/h-upload/2025/10/11/2095674-income-tax-audit.webp "Items Reportable in Tax Audit Report & Key Clauses of Form 3CD [Checklist Here]")
Cybersecurity Software Sale Not Taxable as FTS: ITAT Rules Payments Outside Scope of S. 9(1)(vii) and India-Ireland DTAA as No Human Interface Involved [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that payments received from Indian distributors for sale of cybersecurity software cannot be taxed in India as ‘Fees for...
![Cybersecurity Software Sale Not Taxable as FTS: ITAT Rules Payments Outside Scope of S. 9(1)(vii) and India-Ireland DTAA as No Human Interface Involved [Read Order]](https://images.taxscan.in/h-upload/2025/10/11/2095592-cybersecurity-software-taxscan.webp "Cybersecurity Software Sale Not Taxable as FTS: ITAT Rules Payments Outside Scope of S. 9(1)(vii) and India-Ireland DTAA as No Human Interface Involved [Read Order]")
Share Capital and Member Deposits Wrongly Clubbed: ITAT Remands Matter Back to AO for De Novo Verification [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal ( ITAT ) has remanded the case of Keezhuparamba Service Co-operative Bank Ltd. back to the Assessing Officer (AO) for de novo adjudication,...
![Share Capital and Member Deposits Wrongly Clubbed: ITAT Remands Matter Back to AO for De Novo Verification [Read Order]](https://images.taxscan.in/h-upload/2025/10/11/2095584-share-capital-member-deposits-itat-de-novo-verification-taxscan.webp "Share Capital and Member Deposits Wrongly Clubbed: ITAT Remands Matter Back to AO for De Novo Verification [Read Order]")
Lack of Familiarity with Income Tax Online Portal: ITAT sets aside Ex parte Order, Imposes Rs.1L cost [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chennai Bench has set aside an ex parte income tax assessment order passed under Section 144 of the Income Tax Act, 1961, while imposing a cost of ₹1...
![Lack of Familiarity with Income Tax Online Portal: ITAT sets aside Ex parte Order, Imposes Rs.1L cost [Read Order]](https://images.taxscan.in/h-upload/2025/10/11/2095572-lack-of-familiarity-income-tax-online-portal-itat-taxscan.webp "Lack of Familiarity with Income Tax Online Portal: ITAT sets aside Ex parte Order, Imposes Rs.1L cost [Read Order]")
Mere Claim of Higher Gratuity Exemption Claim through Revised ITR Does Not Amount to Misreporting: ITAT deletes Penalty [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) held that a mere claim of higher exemption on gratuity through a revised return does not constitute “misreporting of income” under...
![Mere Claim of Higher Gratuity Exemption Claim through Revised ITR Does Not Amount to Misreporting: ITAT deletes Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/10/11/2095645-gratuity-exemption-claim-itr-itat-penalty-taxscan.webp "Mere Claim of Higher Gratuity Exemption Claim through Revised ITR Does Not Amount to Misreporting: ITAT deletes Penalty [Read Order]")
Accounting Method Consistently Followed with ICAI Guidance Note Cannot Be Disturbed: ITAT Upholds Deduction of Lease Equalization Charges [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the accounting method consistently and properly followed in accordance with the Institute of Chartered Accountants of India...
![Accounting Method Consistently Followed with ICAI Guidance Note Cannot Be Disturbed: ITAT Upholds Deduction of Lease Equalization Charges [Read Order]](https://images.taxscan.in/h-upload/2025/10/11/2095594-accounting-method-icai-itat-taxscan.webp "Accounting Method Consistently Followed with ICAI Guidance Note Cannot Be Disturbed: ITAT Upholds Deduction of Lease Equalization Charges [Read Order]")