![ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]](https://images.taxscan.in/h-upload/2025/07/16/500x300_2064467-itat-itat-allows-genpact-to-exclude-telecom-and-training-receipts-telecom-and-training-receipts-taxscan.webp "ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]")
ITAT Allows Genpact to Exclude Telecom and Training Receipts from Total Turnover u/s 10AA as They Are Already Excluded from Export Turnover [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) allowed Genpact to exclude telecommunication expenses and recovery receipts for migration...
![Relief for Genpact: ITAT Allows S.10AA Deduction on Interest from FDs and Staff Loans [Read Order]](https://images.taxscan.in/h-upload/2025/07/16/250x150_2064441-relief-for-genpact-genpact-itat-itat-allows-s10aa-deduction-on-interest-deduction-on-interest-taxscan.webp "Relief for Genpact: ITAT Allows S.10AA Deduction on Interest from FDs and Staff Loans [Read Order]")
![Relief for UCIL: ITAT Finds No Penalty Warranted u/s 270A for Missed CSR Disallowance Due to Accountant’s Error [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/250x150_2062412-ucil-relief-taxscan.webp "Relief for UCIL: ITAT Finds No Penalty Warranted u/s 270A for Missed CSR Disallowance Due to Accountant’s Error [Read Order]")
![AA Cannot Tax Entire Disputed Purchase Transactions as Bogus: Gujarat HC Limits Income Tax Addition to 6% [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2062082-aa-tax-entire-disputed-purchase-transactions-bogus-gujarat-hc-income-tax-addition-taxscan.jfif "AA Cannot Tax Entire Disputed Purchase Transactions as Bogus: Gujarat HC Limits Income Tax Addition to 6% [Read Order]")
![Reference to DVO can be Made only During Pendency of Income Tax Assessment or Reassessment Proceedings: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/07/250x150_2060615-relief-to-revenue-delhi-hc-affirms-basis-of-third-party-third-party-search-findings-aos-reassessment-search-findings-affirms-aos-reassessment-taxscan-1.webp "Reference to DVO can be Made only During Pendency of Income Tax Assessment or Reassessment Proceedings: ITAT [Read Order]")
Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) restored the matter to the Assessing Officer (AO) after noting that cash deposits of ₹18.32 lakh were treated as unexplained under ...
![Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/07/07/500x300_2060541-cash-deposit-taxscan.webp "Cash Deposits Treated as Unexplained u/s 69A: ITAT Restores Matter to AO Noting Failure to Examine Debit Entries and Additional Evidence [Read Order]")
![Form 67 Filed in Time Under Amended R. 128(9): ITAT Allows ₹49.65 Lakh FTC [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/500x300_2059130-foreign-tax-credit-form-67-filing-ftc-taxscan.webp "Form 67 Filed in Time Under Amended R. 128(9): ITAT Allows ₹49.65 Lakh FTC [Read Order]")
Bank Account Opened Fraudulently in Assessee’s Company, AO adds Rs. 15 cr as Protective Addition: ITAT Deletes Addition [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal ( ITAT ) deletes ₹15 crore protective addition after finding that a bank account was fraudulently opened in the name of the assessee, who has no ...
![Bank Account Opened Fraudulently in Assessee’s Company, AO adds Rs. 15 cr as Protective Addition: ITAT Deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/500x300_2059113-bank-account-bank-account-opened-fraudulently-bank-account-opened-fraudulently-in-assessees-company-taxscan.webp "Bank Account Opened Fraudulently in Assessee’s Company, AO adds Rs. 15 cr as Protective Addition: ITAT Deletes Addition [Read Order]")
Accommodation Entries Received in Guise of Unsecured Loan from Shell Companies: ITAT Directs Revenue to Examine Tax Evasion [Read Order]
The Raipur Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Revenue to examine tax evasion involving accommodation entries received in the guise of unsecured loans from shell companies....
![Accommodation Entries Received in Guise of Unsecured Loan from Shell Companies: ITAT Directs Revenue to Examine Tax Evasion [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/500x300_2055597-accommodation-accommodation-entries-received-entries-received-in-guise-unsecured-loan-taxscan.webp "Accommodation Entries Received in Guise of Unsecured Loan from Shell Companies: ITAT Directs Revenue to Examine Tax Evasion [Read Order]")
Disallowance of Related Party Payments u/s 40A(2)(b): ITAT Deletes Additions for AO’s Failure to Prove Excessiveness
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted disallowances made under Section 40A(2)(b) for payments to related parties, holding that the Assessing Officer (AO) failed to...
ITAT Sets Aside Penalty Order, Cites Denial of Fair Hearing Due to Improper E-Notice Delivery [Read Order]
The Income Tax Appellate Tribunal (ITAT) Lucknow has canceled a penalty order against a Raebareli taxpayer, ruling that authorities failed to provide a fair hearing by ignoring the assessee's...
![ITAT Sets Aside Penalty Order, Cites Denial of Fair Hearing Due to Improper E-Notice Delivery [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/500x300_2053117-d0358ca8-9bcc-47a4-aadb-5f709f3e4963.webp "ITAT Sets Aside Penalty Order, Cites Denial of Fair Hearing Due to Improper E-Notice Delivery [Read Order]")
![ITAT WEEKLY ROUND-UP [ June 7th - 20th ]](https://images.taxscan.in/h-upload/2025/06/22/500x300_2052546-itat-weekly-round-up.webp "ITAT WEEKLY ROUND-UP [ June 7th - 20th ]")