![Applicability of 10% tolerance u/s 43CA: ITAT allows Retrospective Benefit, Sets Aside S.263 order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090027-itat-retrospective-benefit-taxscan.webp "Applicability of 10% tolerance u/s 43CA: ITAT allows Retrospective Benefit, Sets Aside S.263 order [Read Order]")
Applicability of 10% tolerance u/s 43CA: ITAT allows Retrospective Benefit, Sets Aside S.263 order [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) allowed retrospective benefit of 10% tolerance under section 43CA of Income Tax Act,1961...
![Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090121-reassessment-income-tax-notice-taxscan.webp "Reassessment Beyond Six-Year Limit for Income Under ₹50 Lakh: ITAT Quashes Notice and Reassessment Order [Read Order]")
![Cash Deposit of Rs. 8 Lakh from Sale of Casuarina Trees Treated as ‘Income from Other Sources’: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090089-cash-deposit-sale-of-casuarina-trees-casuarina-trees-taxscan.webp "Cash Deposit of Rs. 8 Lakh from Sale of Casuarina Trees Treated as ‘Income from Other Sources’: ITAT Deletes Addition [Read Order]")
![Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090061-disallowance-compensation-to-workers-strike-period-itat-taxscan.webp "Disallowance of Rs. 2.3 Lakh Paid as Compensation to Workers During Strike Period: ITAT Allows Claim and Deletes Addition [Read Order]")
![Directors’ Commission of Rs.11.36 Lakh Wrongly Reported as Profits/Dividends: ITAT Remands Issue to AO for Fresh Examination [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090046-commission-itat-ao-taxscan.webp "Directors’ Commission of Rs.11.36 Lakh Wrongly Reported as Profits/Dividends: ITAT Remands Issue to AO for Fresh Examination [Read Order]")
Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the Commissioner of Income Tax (Appeals)[CIT(A)] order in a case where a property investment of Rs. 1.10 crore was treated as ...
![Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090093-property-investment-itat-taxscan.webp "Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]")
Assessee’s Failure to Substantiate Details: ITAT deletes Share Application Money Addition on 4 Identifiable Investors, Retains Addition on 9 others [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ranchi, held that additions made on account of unexplained share application money could not be sustained in respect of identified investors where...
![Assessee’s Failure to Substantiate Details: ITAT deletes Share Application Money Addition on 4 Identifiable Investors, Retains Addition on 9 others [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090117-itat-ranchi-share-application-money-taxscan.webp "Assessee’s Failure to Substantiate Details: ITAT deletes Share Application Money Addition on 4 Identifiable Investors, Retains Addition on 9 others [Read Order]")
AO cannot Issue Notice to Reopen Income Tax Assessment after 3 Years Without Pr. CCIT Approval: ITAT Quashes Notice against Saif Ali Khan [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai, has held that a reassessment notice issued under Section 148 of the Income Tax Act, 1961, without valid approval under Section 151, is void ab...
![AO cannot Issue Notice to Reopen Income Tax Assessment after 3 Years Without Pr. CCIT Approval: ITAT Quashes Notice against Saif Ali Khan [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090087-itat-mumbai-saif-ali-khan-income-tax-assessment-taxscan.webp "AO cannot Issue Notice to Reopen Income Tax Assessment after 3 Years Without Pr. CCIT Approval: ITAT Quashes Notice against Saif Ali Khan [Read Order]")
Trust’s 12A Registration Cancelled for Absence of RPT Act Certificate: ITAT Directs CIT(E) to Grant Registration After Verification [Read Order]
The Jodhpur Bench of Income Tax Appellate Tribunal ( ITAT ) directed Commissioner of Income Tax(Exemption)[CIT(E)] to grant registration after verifying the trust’s 12A registration under Income...
![Trust’s 12A Registration Cancelled for Absence of RPT Act Certificate: ITAT Directs CIT(E) to Grant Registration After Verification [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090099-trusts-rpt-act-rpt-act-certificate-itat-grant-registration-taxscan.webp "Trust’s 12A Registration Cancelled for Absence of RPT Act Certificate: ITAT Directs CIT(E) to Grant Registration After Verification [Read Order]")
CBDT Grants Income Tax Exemption to Rajasthan RERA on Govt. Grants, Loans, Fees, Penalties and Interest [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has granted income tax exemptions to the Rajasthan Real Estate Regulatory Authority (RERA), Jaipur as per specific conditions under the provisions of...
![CBDT Grants Income Tax Exemption to Rajasthan RERA on Govt. Grants, Loans, Fees, Penalties and Interest [Read Notification]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2089963-income-tax-exemption-income-share-transactions-undisclosed-income-income-tax-itat-taxscan.webp "CBDT Grants Income Tax Exemption to Rajasthan RERA on Govt. Grants, Loans, Fees, Penalties and Interest [Read Notification]")
CBDT Grants Income Tax Exemption to Chandigarh High Court Legal Services Committee on Costs, Grants & Bank Interest [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified income tax exemption for the High Court Legal Services Committee, Chandigarh on specified income under Section 10(46) of the Income-tax Act,...
![CBDT Grants Income Tax Exemption to Chandigarh High Court Legal Services Committee on Costs, Grants & Bank Interest [Read Notification]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2089998-cbdt-income-tax-exemption-income-tax-chandigarh-high-court-taxscan.webp "CBDT Grants Income Tax Exemption to Chandigarh High Court Legal Services Committee on Costs, Grants & Bank Interest [Read Notification]")