![VAT Accepted Books Cannot Be Rejected Without Defects: ITAT Deletes Bogus Purchase Addition After AO Makes No Independent Inquiry [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108603-vat-itat-bogus-purchase-ao-taxscan.webp "VAT Accepted Books Cannot Be Rejected Without Defects: ITAT Deletes Bogus Purchase Addition After AO Makes No Independent Inquiry [Read Order]")
VAT Accepted Books Cannot Be Rejected Without Defects: ITAT Deletes Bogus Purchase Addition After AO Makes No Independent Inquiry [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeal, deleting the bogus purchase addition after holding that when the...
![MAT u/s 115JB Inapplicable to Banks: ITAT affirms Deletion of ₹305.49 Cr Penalty on Central Bank [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108717-itat-mumbai-central-bank-taxscan.webp "MAT u/s 115JB Inapplicable to Banks: ITAT affirms Deletion of ₹305.49 Cr Penalty on Central Bank [Read Order]")
![Supreme Court Criticises Income Tax Dept for filing SLP on Issues already Settled [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/30/250x150_2108947-supreme-court-income-tax-dept-slp-taxscan.webp "Supreme Court Criticises Income Tax Dept for filing SLP on Issues already Settled [Read Judgement]")
![Nine-Month Delay in Filing Revised ITR Too Huge: Delhi HC refuse to Condone Delay [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/250x150_2108754-itr-late-fees-interest-penal-action-taxscan.webp "Nine-Month Delay in Filing Revised ITR Too Huge: Delhi HC refuse to Condone Delay [Read Order]")
![Purchases Cannot Be Disbelieved When Books Not Rejected and Payments Made Through Banking Channels: ITAT Deletes ₹12.73 Cr Addition u/s 69C [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/250x150_2107851-payments-made-through-banking-channels-taxscan.webp "Purchases Cannot Be Disbelieved When Books Not Rejected and Payments Made Through Banking Channels: ITAT Deletes ₹12.73 Cr Addition u/s 69C [Read Order]")
Income Tax Reassessment Notice Quashed as Time-Barred Under 'Surviving Time' Principle: Gujarat HC strikes down S 148 Notice [Read Order]
In the recent ruling, the Gujarat High Court quashed a reassessment notice issued under Section 148 ofthe Income Tax Act, 1961 for AY 2017-18, holding it to be time-barred by applying the ‘surviving...
![Income Tax Reassessment Notice Quashed as Time-Barred Under Surviving Time Principle: Gujarat HC strikes down S 148 Notice [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108594-income-tax-reassessment-notice-quashed-time-barred-surviving-time-principle-gujarat-hc-section-148-taxscan.webp "Income Tax Reassessment Notice Quashed as Time-Barred Under Surviving Time Principle: Gujarat HC strikes down S 148 Notice [Read Order]")
Income-Tax Concealment Prosecution can be Quashed even after Trial Court Cognizance: Rajasthan HC Invokes S. 482 CrPC [Read Order]
Income-Tax Concealment Prosecution Can Be Quashed Even After Cognizance: Rajasthan HC Invokes S. 482 CrPC The Rajasthan High Court explained that even when a trial court has already taken...
![Income-Tax Concealment Prosecution can be Quashed even after Trial Court Cognizance: Rajasthan HC Invokes S. 482 CrPC [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108532-concealment-taxscan.jfif "Income-Tax Concealment Prosecution can be Quashed even after Trial Court Cognizance: Rajasthan HC Invokes S. 482 CrPC [Read Order]")
Mere Pendency of Revenue’s Appeal without Stay of ITAT Order cannot Prevent HC from quashing Income-Tax Prosecution: Rajasthan HC [Read Order]
In a recent ruling, the Rajasthan High Court explained that when the Income Tax Appellate Tribunal has already removed a penalty on merits and there is no stay on that order, the mere pendency of...
![Mere Pendency of Revenue’s Appeal without Stay of ITAT Order cannot Prevent HC from quashing Income-Tax Prosecution: Rajasthan HC [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108533-itat-rajasthan-rajasthan-hc-revenue-appeal-taxscan.webp "Mere Pendency of Revenue’s Appeal without Stay of ITAT Order cannot Prevent HC from quashing Income-Tax Prosecution: Rajasthan HC [Read Order]")
Once Income Tax Penalty Quashed for Lack of Concealment, 276C Prosecution Cannot Survive: Rajasthan HC [Read Order]
In a recent ruling, the Rajasthan High Court explained that when theIncome Tax Appellate Tribunal (ITAT) has already removed a penalty after finding no concealment of income, a criminal prosecution...
![Once Income Tax Penalty Quashed for Lack of Concealment, 276C Prosecution Cannot Survive: Rajasthan HC [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108521-income-tax-penalty-lack-concealment-prosecution-rajasthan-hc-taxscan.webp "Once Income Tax Penalty Quashed for Lack of Concealment, 276C Prosecution Cannot Survive: Rajasthan HC [Read Order]")
Income Tax Notice issued to Deceased Invalid: Calcutta HC orders to Re-initiate Proceedings against Legal Heirs [Read Order]
The Calcutta High Court has held that an income tax notice issued in the name of a deceased assessee is invalid, and the Revenue must re-initiate reassessment proceedings properly against the legal...
![Income Tax Notice issued to Deceased Invalid: Calcutta HC orders to Re-initiate Proceedings against Legal Heirs [Read Order]](https://images.taxscan.in/h-upload/2025/11/28/500x300_2108460-income-tax-notice-taxscan.webp "Income Tax Notice issued to Deceased Invalid: Calcutta HC orders to Re-initiate Proceedings against Legal Heirs [Read Order]")
Kerala HC Disallows Deduction u/s 37 for Interest on Agricultural Income Tax Payment Delays [Read Order]
The Kerala High Court has dismissed an appeal ruling that interest paid on delayed Agricultural Income Tax (AIT) payments cannot be claimed as a business deduction under section 37 of the Income Tax...
![Kerala HC Disallows Deduction u/s 37 for Interest on Agricultural Income Tax Payment Delays [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108297-kerala-hc-deduction-agricultural-income-tax-payment-delays-taxscan.webp "Kerala HC Disallows Deduction u/s 37 for Interest on Agricultural Income Tax Payment Delays [Read Order]")