![ITAT Upholds Deletion of S.68 Share Premium Addition for 14 Investors as Verification Compliance Satisfied [Read Order]](https://images.taxscan.in/h-upload/2025/12/25/500x300_2114752-itat-upholds-deletion-share-premium-addition-investors-verification-taxscan.webp "ITAT Upholds Deletion of S.68 Share Premium Addition for 14 Investors as Verification Compliance Satisfied [Read Order]")
ITAT Upholds Deletion of S.68 Share Premium Addition for 14 Investors as Verification Compliance Satisfied [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) affirmed that the deletion of additions made under Section 68 of the Income Tax Act, 1961...
![No Escapement of Income Where Tax Paid on Consolidated Profits: ITAT Quashes ₹16.06 Cr Double Additions [Read Order]](https://images.taxscan.in/h-upload/2025/12/25/250x150_2114777-no-escapement-income-where-tax-paid-consolidated-profits-itat-quashes.webp "No Escapement of Income Where Tax Paid on Consolidated Profits: ITAT Quashes ₹16.06 Cr Double Additions [Read Order]")
![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part XI]](https://images.taxscan.in/h-upload/2025/12/25/250x150_2114724-annual-income-tax-case-digest-itat-decisions-2025-part-xi-taxscan.jfif "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part XI]")
![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part X]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114548-annual-income-tax-case-digest-itat-decisions-2025-part-x-taxscan.webp "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part X]")
![Assessment Void Without Jurisdictional 143(2) Notice: ITAT Quashes ₹1.11 Cr Share Premium Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/12/25/250x150_2114754-assessment-void-without-jurisdictional-1432-notice-taxscan.jfif "Assessment Void Without Jurisdictional 143(2) Notice: ITAT Quashes ₹1.11 Cr Share Premium Addition u/s 68 [Read Order]")
Cash Deposits from Sale of Goods cannot be treated as Unexplained when Stock Availability not Disputed: ITAT Deletes Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition of ₹22,00,000 for alleged cash deposits from sales made by the Assessing Officer (AO) under Section 68 and ruled...
![Cash Deposits from Sale of Goods cannot be treated as Unexplained when Stock Availability not Disputed: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114623-unexplained-stock-availability-disputed-itat-deletes-addition-taxscan.webp "Cash Deposits from Sale of Goods cannot be treated as Unexplained when Stock Availability not Disputed: ITAT Deletes Addition [Read Order]")
Higher Depreciation on Goods Carriage Vehicles Cannot Be Disallowed at S. 143(1) Stage: ITAT Deletes CPC Adjustment [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted a disallowance of ₹25,04,890 originally made by the Centralized Processing Centre (CPC) and held that the CPC exceeded its ...
![Higher Depreciation on Goods Carriage Vehicles Cannot Be Disallowed at S. 143(1) Stage: ITAT Deletes CPC Adjustment [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114624-higher-depreciation-goods-carriage-vehicles-disallowed-stage-itat-deletes-cpc-adjustment-taxscan.webp "Higher Depreciation on Goods Carriage Vehicles Cannot Be Disallowed at S. 143(1) Stage: ITAT Deletes CPC Adjustment [Read Order]")
Interest Income Earned by Cooperative Society from Surplus Funds Invested in Cooperative Banks is Business Income: ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) set aside the orders and ruled that interest income earned by the cooperative society from surplus funds invested in cooperative ...
![Interest Income Earned by Cooperative Society from Surplus Funds Invested in Cooperative Banks is Business Income: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114628-cooperative-banks-business-income-taxscan.webp "Interest Income Earned by Cooperative Society from Surplus Funds Invested in Cooperative Banks is Business Income: ITAT [Read Order]")
![Annual Income Tax Case Digest: ITAT Decisioncs 2025 [Part VIII]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113792-annual-income-tax-case-digest-itat-decisioncs-2025-part-viii-taxscan.webp "Annual Income Tax Case Digest: ITAT Decisioncs 2025 [Part VIII]")
![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part IX]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113854-annual-income-tax-case-digest-itat-decisions-2025-part-ix-taxscan.jfif "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part IX]")
![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part VII]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113787-annual-income-tax-case-digest-itat-decisions-2025-part-vii-taxscan.webp "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part VII]")
![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part VI]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113791-annual-income-tax-case-digest-itat-decisions-2025-part-vi-taxscan.jfif "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part VI]")