![Repayment of Director’s own Deposit Not Deemed Dividend: ITAT Deletes ₹25L addition u/s 2(22)(e) [Read Order]](https://images.taxscan.in/h-upload/2026/02/18/2126229-repayment-directors-own-deposit-deemed-dividend-itat.webp "Repayment of Director’s own Deposit Not Deemed Dividend: ITAT Deletes ₹25L addition u/s 2(22)(e) [Read Order]")
Repayment of Director’s own Deposit Not Deemed Dividend: ITAT Deletes ₹25L addition u/s 2(22)(e) [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad Bench held that repayment or withdrawal of a director’s own deposit maintained with a company...
![Budget 2026: Know the Complete Taxation and Compliance Changes of Trusts and NGOs [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/03/2123547-budget-2026-taxation-compliance-trusts-ngos-taxscan.webp "Budget 2026: Know the Complete Taxation and Compliance Changes of Trusts and NGOs [Read Finance Bill 2026]")
![FM Proposes to Align ₹7.5 Lakh Annual Cap on Employer Contributions With EPF Act [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/2123083-fm-proposes-align-annual-cap-employer-contributions-epf-act-taxscan.webp "FM Proposes to Align ₹7.5 Lakh Annual Cap on Employer Contributions With EPF Act [Read Finance Bill 2026]")
![Ignore Special Audit Direction? Know Consequences as per New Finance Bill [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/2122987-ignore-special-audit-direction-consequences-new-finance-bill-taxscan.webp "Ignore Special Audit Direction? Know Consequences as per New Finance Bill [Read Finance Bill 2026]")
![Advertising & Sales Promotion Spend to Dealers Not ‘Fringe Benefit’: ITAT deletes ₹1.08 Cr FBT Addition [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122382-advertising-sales-promotion-spend-dealers-fringe-benefit-itat.webp "Advertising & Sales Promotion Spend to Dealers Not ‘Fringe Benefit’: ITAT deletes ₹1.08 Cr FBT Addition [Read Order]")
Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]
It condenses 47 chapters and 819 sections into 23 chapters and 536 sections, respectively. Through increased openness, decreased litigation, and easier filing, the new framework seeks to adopt a...
![Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]](https://images.taxscan.in/h-upload/2025/12/24/2114627-understanding-shift-surcharge-rebate-marginal-relief-provisions-under-new-income-tax-old-vs-new-income-tax-act-series-.webp "Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]")
Books of Account must be Rejected u/s 145(3) before Unexplained Cash Additions: ITAT Deletes ₹64 Lakh Addition [Read Order]
The New Delhi Bench of Income Tax Appellate Tribunal (ITAT) held that the Assessing Officer cannot treat cash deposits as unexplained income without first rejecting the books of account under Section...
![Books of Account must be Rejected u/s 145(3) before Unexplained Cash Additions: ITAT Deletes ₹64 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/2114512-tribunal-deleted-64-lakh-addition-since-accepted-books-failed-follow-mandatory-procedure-addition-consequential-penalty-under-taxscan.webp "Books of Account must be Rejected u/s 145(3) before Unexplained Cash Additions: ITAT Deletes ₹64 Lakh Addition [Read Order]")
CBDT Redefines Jurisdiction of 47 Appeals Commissioners for Search and Survey Related Assessments [Read Notification]
The Central Board of Direct Taxes (CBDT) has issued a notification restructuring the appellate jurisdiction for income tax appeals arising from search, survey, and requisition cases. A total of 47...
![CBDT Redefines Jurisdiction of 47 Appeals Commissioners for Search and Survey Related Assessments [Read Notification]](https://images.taxscan.in/h-upload/2025/12/17/2112859-cbdt-redefines-jurisdiction-appeals-commissioners-search-survey-related-assessments-taxscan.webp "CBDT Redefines Jurisdiction of 47 Appeals Commissioners for Search and Survey Related Assessments [Read Notification]")
![ITAT Sides with Clothing Firm, Rules Double Taxation on Already Declared Sales is Illegal [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/2100125-itat-clothing-firm-double-taxation-taxscan.webp "ITAT Sides with Clothing Firm, Rules Double Taxation on Already Declared Sales is Illegal [Read Order]")
![CBDT Grants Income Tax Exemption to U.P. Awas Evam Vikas Parishad u/s 10(46A) [Read Notification]](https://images.taxscan.in/h-upload/2025/10/17/2097306-incometax-exemption-taxscan.webp "CBDT Grants Income Tax Exemption to U.P. Awas Evam Vikas Parishad u/s 10(46A) [Read Notification]")