Income Tax Act
![Kerala HC Stays Income Tax Recovery Proceedings Pending Disposal of Stay Petition, Directs Commissioner to Decide Within 2 Months [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093551-kerala-hc-income-tax-recovery-proceedings-taxscan.webp "Kerala HC Stays Income Tax Recovery Proceedings Pending Disposal of Stay Petition, Directs Commissioner to Decide Within 2 Months [Read Order]")
Kerala HC Stays Income Tax Recovery Proceedings Pending Disposal of Stay Petition, Directs Commissioner to Decide Within 2 Months [Read Order]
The Kerala High Court, in a recent case, stayed the Income tax recovery proceedings pending disposal of the stay petition and directed the...
![ITAT Deletes Capital Gains Addition of Rs.55 Lakh from Noida Property, Allows S.54 Deduction After Substantiation [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093458-2041943-capital-gains-tax-capital-gains-recent-judicial-trends-and-their-implications.webp "ITAT Deletes Capital Gains Addition of Rs.55 Lakh from Noida Property, Allows S.54 Deduction After Substantiation [Read Order]")
![Interest u/s 244A of Income Tax Not Automatically Payable on Court-Ordered Refunds Unless Specifically Directed or Demand is Final: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/01/250x150_2092951-income-tax-refund-interest.webp "Interest u/s 244A of Income Tax Not Automatically Payable on Court-Ordered Refunds Unless Specifically Directed or Demand is Final: Calcutta HC [Read Order]")
![Interest on Enhanced Compensation forms Part of Compensation, Exempted from Income Tax u/s 10(37) and RFCTLARR Act: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092816-compensation-forms-income-tax-rfctlarr-act-itat-taxscan.webp "Interest on Enhanced Compensation forms Part of Compensation, Exempted from Income Tax u/s 10(37) and RFCTLARR Act: ITAT [Read Order]")
![“Commercial Activity”: ITAT denies Section 10(23C) Exemption to Trust Running Hostels for Non-Students [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/250x150_2092516-itat-itat-bangalore-assessments-tax-exemption-taxscan-1.webp "“Commercial Activity”: ITAT denies Section 10(23C) Exemption to Trust Running Hostels for Non-Students [Read Order]")
Service Tax Disallowed u/s 43B from Existing Tax Audit Report Without Fresh Material: ITAT quashes Erroneous Reassessment by AO [Read Order]
The Indore bench of Income Tax Appellate Tribunal (ITAT) quashed the reassessment by the Assessing Officer (AO), holding that no new facts surfaced regarding the Service Tax disallowance under...
![Service Tax Disallowed u/s 43B from Existing Tax Audit Report Without Fresh Material: ITAT quashes Erroneous Reassessment by AO [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/500x300_2091269-itat-itat-ahmedabad-income-tax-audit-report-income-tax-return-taxscan.webp "Service Tax Disallowed u/s 43B from Existing Tax Audit Report Without Fresh Material: ITAT quashes Erroneous Reassessment by AO [Read Order]")
Supreme Court Dismisses Plea Against Expanded Definition of “Sikkimese”, Rules Change Limited to Income Tax Exemption Purpose Only [Read Order]
In a recent ruling, the Supreme Court of India dismissed a plea challenging the expanded definition of “Sikkimese” under Section 10(26AAA) of the Income Tax Act, 1961, and clarified that the change...
![Supreme Court Dismisses Plea Against Expanded Definition of “Sikkimese”, Rules Change Limited to Income Tax Exemption Purpose Only [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/500x300_2091389-supreme-court-income-tax-supreme-court-dismisses-plea-taxscan.webp "Supreme Court Dismisses Plea Against Expanded Definition of “Sikkimese”, Rules Change Limited to Income Tax Exemption Purpose Only [Read Order]")
Bogus Purchase Addition Without Adequate Verification: ITAT Restores ₹8.79 Lakh Matter to AO for Re-adjudication with Opportunity to Taxpayer [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter involving bogus purchase addition of Rs. 8.79 lakh to the Assessing Officer (AO) for fresh adjudication and held...
![Bogus Purchase Addition Without Adequate Verification: ITAT Restores ₹8.79 Lakh Matter to AO for Re-adjudication with Opportunity to Taxpayer [Read Order]](https://images.taxscan.in/h-upload/2025/07/28/500x300_2069863-itat-ahmedabad-income-tax-bogus-purchases-citing-genuine-sales-taxscan-1.webp "Bogus Purchase Addition Without Adequate Verification: ITAT Restores ₹8.79 Lakh Matter to AO for Re-adjudication with Opportunity to Taxpayer [Read Order]")
Karnataka HC Disposes Himalaya Drug Company Appeal as Assessment Held Time-Barred u/s 144C(13) of Income Tax Act [Read Order]
The High Court of Karnataka, disposed of the appeal filed by Himalaya Drug Company after holding that the assessment was time-barred under Section 144C(13) of the Income Tax Act,1961. ...
![Karnataka HC Disposes Himalaya Drug Company Appeal as Assessment Held Time-Barred u/s 144C(13) of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/500x300_2069411-himalaya-drug-company-tax-appeal.webp "Karnataka HC Disposes Himalaya Drug Company Appeal as Assessment Held Time-Barred u/s 144C(13) of Income Tax Act [Read Order]")
Income Tax Reassessment without Faceless Procedure Illegal: Telangana HC Quashes Notices u/s 148A and 148 [Read Order]
The Telangana High Court recently quashed an income tax reassessment notice, noting that the Department failed to initiate proceedings as per the mandatory faceless procedure, in violation of...
![Income Tax Reassessment without Faceless Procedure Illegal: Telangana HC Quashes Notices u/s 148A and 148 [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/500x300_2069282-itat-itat-mumbai-income-tax-income-tax-reassessment-director-general-pcit-pccit-approval-director-general-approval-taxscan-1.webp "Income Tax Reassessment without Faceless Procedure Illegal: Telangana HC Quashes Notices u/s 148A and 148 [Read Order]")
Cash Loan above ₹20,000 Not Legally Enforceable: Kerala High Court Acquits Accused in Cheque Bounce Case [Read Order]
The Kerala High Court has held that any loan amount advanced in cash exceeding ₹20,000 is not a “legally enforceable debt” under the Negotiable Instruments Act, 1881, if it violates Section 269SS...
![Cash Loan above ₹20,000 Not Legally Enforceable: Kerala High Court Acquits Accused in Cheque Bounce Case [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/500x300_2069330-cash-loan-taxscan.webp "Cash Loan above ₹20,000 Not Legally Enforceable: Kerala High Court Acquits Accused in Cheque Bounce Case [Read Order]")