![₹3.80 Lakh Leave Encashment Disallowed u/s 43B:ITAT Rules CPC Had No Jurisdiction and Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/500x300_2087410-leave-encashment-disallowed-itat-taxscan.webp "₹3.80 Lakh Leave Encashment Disallowed u/s 43B:ITAT Rules CPC Had No Jurisdiction and Deletes Addition [Read Order]")
₹3.80 Lakh Leave Encashment Disallowed u/s 43B:ITAT Rules CPC Had No Jurisdiction and Deletes Addition [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) held that the Centralized Processing Centre (CPC) had no jurisdiction to disallow a...
![₹5.28 Lakh Penalty u/s 271(1)(c) on One-Time Settlement: ITAT Deletes, Holds It Capital in Nature and Fully Disclosed [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/250x150_2087407-penalty-one-time-settlement-itat-capital-in-nature-taxscan.webp "₹5.28 Lakh Penalty u/s 271(1)(c) on One-Time Settlement: ITAT Deletes, Holds It Capital in Nature and Fully Disclosed [Read Order]")
![Alleged Bogus Sales and Commission Addition u/s 68 & 69C: ITAT Upholds CIT(A) Deletion after Assessing Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/250x150_2087395-alleged-bogus-sales-commission-addition-itat-cita-evidence-taxscan.webp "Alleged Bogus Sales and Commission Addition u/s 68 & 69C: ITAT Upholds CIT(A) Deletion after Assessing Evidence [Read Order]")
![Here’s How to Fix a Major Error while Filing ITR-4 Online: “[#/ITAR/ITR4/PersonalInfo/Address/Phone: required key [PhoneNo] not found]”](https://images.taxscan.in/h-upload/2025/09/15/250x150_2087409-itr-4-filing-taxscan.webp "Here’s How to Fix a Major Error while Filing ITR-4 Online: “[#/ITAR/ITR4/PersonalInfo/Address/Phone: required key [PhoneNo] not found]”")
![₹7 Crore Share Sale Treated as Unexplained Cash Credit u/s 68: Karnataka HC Upholds ITAT Decision, Finds Transactions Genuine [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/250x150_2087379-2076419-itat-itat-deletes-unexplained-cash-credit-unexplained-cash-credit-taxscan.webp "₹7 Crore Share Sale Treated as Unexplained Cash Credit u/s 68: Karnataka HC Upholds ITAT Decision, Finds Transactions Genuine [Read Order]")
Share Capital from Alleged Shell Companies Accepted as Genuine: ITAT quashes Income Tax Revision u/s 263 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench, set aside the order of the Principal Commissioner of Income Tax (Pr. CIT) passed under Section 263 of theIncome Tax Act, 1961, holding that the...
![Share Capital from Alleged Shell Companies Accepted as Genuine: ITAT quashes Income Tax Revision u/s 263 [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086235-genuineness-share-capital-share-capital-received-itat-itat-upholds-cita-decision-cita-deletes-addition-taxscan.webp "Share Capital from Alleged Shell Companies Accepted as Genuine: ITAT quashes Income Tax Revision u/s 263 [Read Order]")
Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, dismissed Revenue’s appeal ruling that subsequent conversion by the purchaser does not change the character of the agricultural land sold...
![Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086042-purchase-agricultural-property-sale-agricultural-property-agricultural-property-sale-deductible-itat-income-tax-taxscan.webp "Subsequent Conversion by Purchaser Does Not Change Character of Agricultural Land Sold by Assessee: ITAT says No Capital Gain Tax Attracted [Read Order]")
Eligibility for S. 80P Deduction Depends on Primary Business of Cooperative Society, Not Incidental Dealings with Non-Members: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) held that the eligibility for deduction under Section 80P must be determined with reference to the primary business activity of the...
![Eligibility for S. 80P Deduction Depends on Primary Business of Cooperative Society, Not Incidental Dealings with Non-Members: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086030-2051537-itat-itat-rajkot-section-80p-deduction-taxscan.webp "Eligibility for S. 80P Deduction Depends on Primary Business of Cooperative Society, Not Incidental Dealings with Non-Members: ITAT [Read Order]")
CIT(A) Holds Property Sale to Partner’s Son Genuine but Disallowed Indexed Interest Claim: ITAT sets aside Order for Verification [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Bangalore Bench, sets aside an order to the income tax department’s Assessing officer for verification of the issue of disallowance of indexed interest ...
![CIT(A) Holds Property Sale to Partner’s Son Genuine but Disallowed Indexed Interest Claim: ITAT sets aside Order for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086026-property-sale-taxscan.webp "CIT(A) Holds Property Sale to Partner’s Son Genuine but Disallowed Indexed Interest Claim: ITAT sets aside Order for Verification [Read Order]")
AO's Estimation Approach Invalid When Books Accepted: ITAT Deletes Ad Hoc Income Tax Additions on Purchases and Expenses [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, held that ad hoc income tax additions made on purchases and expenses cannot be sustained in the absence of any defects in the assessee’s audited books...
![AOs Estimation Approach Invalid When Books Accepted: ITAT Deletes Ad Hoc Income Tax Additions on Purchases and Expenses [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/500x300_2085900-income-tax-addition-taxscan.webp "AOs Estimation Approach Invalid When Books Accepted: ITAT Deletes Ad Hoc Income Tax Additions on Purchases and Expenses [Read Order]")
![Income Tax Assessments on Basis of Consolidated Approval u/s 153D is Void Ab Initio: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/500x300_2085903-itat-income-tax-assessments-income-tax-taxscan.webp "Income Tax Assessments on Basis of Consolidated Approval u/s 153D is Void Ab Initio: ITAT [Read Order]")