![ITR filed rejected in absence of TAR: Delhi HC sets aside Income Tax Order rejecting Condonation Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/income-tax-return-1.jpg "ITR filed rejected in absence of TAR: Delhi HC sets aside Income Tax Order rejecting Condonation Application [Read Order]")
ITR filed rejected in absence of TAR: Delhi HC sets aside Income Tax Order rejecting Condonation Application [Read Order]
The Delhi High Court has set aside the Income Tax order which rejected the application under section 119(2)(b) of the Income Tax Act, 1961 for...
![Genuineness of Loans u/s 68: ITAT Orders Fresh Verification of Creditworthiness and Transactions [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Creditworthiness-of-Parties-and-Genuineness-of-Transaction-Genuineness-of-Transaction-ITAT-Upholds-Addition-ITAT-Addition-Taxscan.jpg "Genuineness of Loans u/s 68: ITAT Orders Fresh Verification of Creditworthiness and Transactions [Read Order]")
![Reassessment Initiated Based on Incorrect Non-Filing of ITR Alert from Insight Portal: Patna HC Quashes Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Reassessment-ITR-Alert-Insight-Portal-Patna-HC-taxscan.jpg "Reassessment Initiated Based on Incorrect Non-Filing of ITR Alert from Insight Portal: Patna HC Quashes Demand [Read Order]")
Reassessment Initiated on Incorrect Jurisdiction and Mechanical Approval: ITAT quashes Proceedings [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) quashed the reassessment proceedings initiated under Section 147, citing incorrect jurisdiction and mechanical approval under Section 151 of...
![Reassessment Initiated on Incorrect Jurisdiction and Mechanical Approval: ITAT quashes Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Reassessment-quashed-Section-147-ITA-Incorrect-jurisdiction-taxscan.jpg "Reassessment Initiated on Incorrect Jurisdiction and Mechanical Approval: ITAT quashes Proceedings [Read Order]")
Do you Run a Partnership Firm? Know the Key Income Tax Changes Effective from the 1st of April, 2025
Starting April 1, 2025, partnership firms, including Limited Liability Partnerships (LLPs), will have to comply with two significant income tax changes brought in by the Finance (No. 2) Act, 2024....
CPC Adds Amount Already Included in Taxable Income: ITAT Deletes Erroneous ₹19,253 Double Addition [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) deleted an erroneous addition of Rs. 19,253 made by the Centralized Processing Center (CPC) after finding that the amount had already been...
![CPC Adds Amount Already Included in Taxable Income: ITAT Deletes Erroneous ₹19,253 Double Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax.jpg "CPC Adds Amount Already Included in Taxable Income: ITAT Deletes Erroneous ₹19,253 Double Addition [Read Order]")
Additional Income declared in Survey considered as Business Income not Charged u/s 68, 69A: ITAT [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that additional income declared in the survey was considered business income and not charged under Sections 69 and 69A of the Income...
![Additional Income declared in Survey considered as Business Income not Charged u/s 68, 69A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Business-Income-Additional-Income-taxscan.jpg "Additional Income declared in Survey considered as Business Income not Charged u/s 68, 69A: ITAT [Read Order]")
Relief for Air India: ITAT directs Use of Average Value u/r 8D for Accurate Investment Calculation, Replacing AO's Market Value Approach [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) granted relief for Air India by directing the Assessing Officer (AO) to use the Average Value of Investment to recalculate disallowance under...
![Relief for Air India: ITAT directs Use of Average Value u/r 8D for Accurate Investment Calculation, Replacing AOs Market Value Approach [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ruling-Average-value-Market-value-approach-Tax-relief-Income-tax-calculation-Tax-ruling-India-Rule-8D-ITAT-decision-ITAT-Mumbai-taxscan.jpg "Relief for Air India: ITAT directs Use of Average Value u/r 8D for Accurate Investment Calculation, Replacing AOs Market Value Approach [Read Order]")