![Delhi HC Sets aside Income Tax Reassessment Notice against Michael and Susan Dell Foundation [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102743-delhi-hc-sets-income-tax-reassessment-notice-michael-susan-dell-foundation-taxscan.webp "Delhi HC Sets aside Income Tax Reassessment Notice against Michael and Susan Dell Foundation [Read Order]")
Delhi HC Sets aside Income Tax Reassessment Notice against Michael and Susan Dell Foundation [Read Order]
The Delhi High Court has set aside an income tax reassessment notice issued against the Michael and Susan Dell Foundation, directing the tax ...
![Leave Encashment Exemption u/s 10(10AA): ITAT Applies Retrospective ₹25 Lakh Limit Notified by CBDT [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102603-leave-encashment-exemption-itat-cbdt-taxscan.webp "Leave Encashment Exemption u/s 10(10AA): ITAT Applies Retrospective ₹25 Lakh Limit Notified by CBDT [Read Order]")
![Incomplete Verification of Merger-Linked Research and Development Spending: ITAT Directs Fresh Examination of Eligibility [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102344-merger-linked-research-development-spending-itat-taxscan.webp "Incomplete Verification of Merger-Linked Research and Development Spending: ITAT Directs Fresh Examination of Eligibility [Read Order]")
![CBDT Grants Income Tax Exemption to Karnataka Housing Board [Read Notification]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102581-karnataka-housing-board.webp "CBDT Grants Income Tax Exemption to Karnataka Housing Board [Read Notification]")
![PVR Ltd. Wins Tax Battle: ITAT Upholds Capital Receipt Status of Subsidies, deletes disallowances on Expenses & MAT Additions [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102554-itat-delhi-pvr-ltd-pvr-ltd-wins-tax-battle-itat-upholds-taxscan.webp "PVR Ltd. Wins Tax Battle: ITAT Upholds Capital Receipt Status of Subsidies, deletes disallowances on Expenses & MAT Additions [Read Order]")
Absence of Proof on Interest-Free Funding for Exempt Investments: ITAT Remands Matter for Verification [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) directed a fresh verification of the disallowance made under Section 14A read with Rule 8D, after finding that the assessee had not...
![Absence of Proof on Interest-Free Funding for Exempt Investments: ITAT Remands Matter for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102495-verification-investment-taxscan.webp "Absence of Proof on Interest-Free Funding for Exempt Investments: ITAT Remands Matter for Verification [Read Order]")
Delhi HC Sets Aside ITAT Order, Holds "Fit Case" Statement Sufficient for Valid Approval u/s 151 of Income Tax Act [Read Order]
In a recent ruling, the Delhi High Court set aside an Income Tax Appellate Tribunal (ITAT) order, holding that a statement recording "it is a fit case" is sufficient for a valid approval under...
![Delhi HC Sets Aside ITAT Order, Holds Fit Case Statement Sufficient for Valid Approval u/s 151 of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/500x300_2102463-delhi-hc-itat-itat-order-section-151-of-income-tax-act-income-tax-act-taxscan-.webp "Delhi HC Sets Aside ITAT Order, Holds Fit Case Statement Sufficient for Valid Approval u/s 151 of Income Tax Act [Read Order]")
Possible Double Disallowance of Bonus and Interest u/s 43B: ITAT Remands for Verification to Prevent Duplication [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has directed verification of potential duplication in the disallowance of unpaid bonus and interest under Section 43B of the Income Tax...
![Possible Double Disallowance of Bonus and Interest u/s 43B: ITAT Remands for Verification to Prevent Duplication [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102335-disallowance-bonus-and-interest-itat-verification-to-prevent-duplication-taxscan.webp "Possible Double Disallowance of Bonus and Interest u/s 43B: ITAT Remands for Verification to Prevent Duplication [Read Order]")
Commission for Overseas Services Rendered Abroad: ITAT Deletes Disallowance for Non-Deduction of TDS [Read Order]
The Ahmedabad Income Tax Appellate Tribunal (ITAT) has held that commission paid to non-resident agents for services rendered entirely outside India does not attract tax deduction at source (TDS)...
![Commission for Overseas Services Rendered Abroad: ITAT Deletes Disallowance for Non-Deduction of TDS [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102323-services-rendered-abroad-itat-disallowance-non-deduction-tds-taxscan.webp "Commission for Overseas Services Rendered Abroad: ITAT Deletes Disallowance for Non-Deduction of TDS [Read Order]")
Unspent Research Grant of ₹13.05 Lakh Treated as Deferred Liability: ITAT Holds Amount Non-Taxable Until Project Utilisation [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has ruled that an unutilised research grant received from the Department of Scientific and Industrial Research (DSIR) cannot be treated as...
![Unspent Research Grant of ₹13.05 Lakh Treated as Deferred Liability: ITAT Holds Amount Non-Taxable Until Project Utilisation [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102331-pi7toolunspent-research-grant-liability-itat-taxscan.webp "Unspent Research Grant of ₹13.05 Lakh Treated as Deferred Liability: ITAT Holds Amount Non-Taxable Until Project Utilisation [Read Order]")