![No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/2057049-itat-disallowance.webp "No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]")
No Proof from Assessee, No Comparables from Income Tax Dept: ITAT cuts Ad Hoc Disallowance to 4% from 10%, Says Not to be treated as Precedent [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) has scaled down an ad hoc disallowance made by the Assessing Officer ( AO ) on various...
![ITAT Upholds ₹2.93 Cr Interest and ₹4.01 Cr Management Expenses Deduction Citing Business Purpose u/s 36(1)(iii) and 37(1) [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/2056951-business-purpose-itat-taxscan.webp "ITAT Upholds ₹2.93 Cr Interest and ₹4.01 Cr Management Expenses Deduction Citing Business Purpose u/s 36(1)(iii) and 37(1) [Read Order]")
![No Bar on Claiming S.80P Deduction via ITR Filed u/s 142(1): ITAT Sets Aside Denial over e-Verification Delay [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/2057014-e-verification-delay.webp "No Bar on Claiming S.80P Deduction via ITR Filed u/s 142(1): ITAT Sets Aside Denial over e-Verification Delay [Read Order]")
![Source of Fund of Joint Purchase of Property by Mother and Son Sufficiently Explained: ITAT Deletes ₹1.36 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/2056965-joint-purchase-of-property.webp "Source of Fund of Joint Purchase of Property by Mother and Son Sufficiently Explained: ITAT Deletes ₹1.36 Cr Addition [Read Order]")
![Profits from Kuri Business Held Under Trust Eligible for Exemption u/s 11 of ITA: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/2055619-kuri-business.webp "Profits from Kuri Business Held Under Trust Eligible for Exemption u/s 11 of ITA: ITAT [Read Order]")
Superannuation Contribution Allowable if Paid Before Return Due Date and Fund Is Approved: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that superannuation fund contribution is allowable as a deduction if paid before the due date of filing the return and the fund is...
![Superannuation Contribution Allowable if Paid Before Return Due Date and Fund Is Approved: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/2055572-superannuation-contribution-itat-taxscan.webp "Superannuation Contribution Allowable if Paid Before Return Due Date and Fund Is Approved: ITAT [Read Order]")
![Relief for Philips India: ITAT Upholds 30% Depreciation on Moulds Used by Exclusive Vendors [Read Order]](https://images.taxscan.in/h-upload/2025/06/28/2055568-philips-india-madras-highcourt-redo-assessment-tnvat-act-taxscan.webp "Relief for Philips India: ITAT Upholds 30% Depreciation on Moulds Used by Exclusive Vendors [Read Order]")
MoU and Bank Records Support Loan Deal and Repayment: ITAT Flags Gaps in AO’s Unexplained Income Investigation [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the assessment order passed by the Assessing Officer (AO), which made additions totaling Rs. 2,23,53,793 under Section 68,...
![MoU and Bank Records Support Loan Deal and Repayment: ITAT Flags Gaps in AO’s Unexplained Income Investigation [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/2055280-itat-itat-kolkata-income-tax-unexplained-income-case-income-tax-appellate-tribunal-taxscan-1.webp "MoU and Bank Records Support Loan Deal and Repayment: ITAT Flags Gaps in AO’s Unexplained Income Investigation [Read Order]")
![ITAT upholds Revision on AOs Lapses in Verifying TDS on Rent and Unsecured Loans [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/2054736-unsecured-loan-transaction-duly-substantiated-transaction-duly-itat-itat-upholds-deletion-itat-upholds-deletion-of-addition-taxscan-1.webp "ITAT upholds Revision on AOs Lapses in Verifying TDS on Rent and Unsecured Loans [Read Order]")
S. 148A Notice Must Be Issued Before S. 147 Order: Jharkhand HC Quashes Order, Finds Lapse by Income Tax Dept [Read Order]
The Jharkhand High Court has quashed an order passed under Section 147of the Income Tax Act, 1961, after the Income Tax Department Counsel admitted failure to issue the mandatory notice under Section...
![S. 148A Notice Must Be Issued Before S. 147 Order: Jharkhand HC Quashes Order, Finds Lapse by Income Tax Dept [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/2054677-notice-site-img.webp "S. 148A Notice Must Be Issued Before S. 147 Order: Jharkhand HC Quashes Order, Finds Lapse by Income Tax Dept [Read Order]")
Co-op Society wins ₹10.14L Tax Relief: ITAT rules FDR Interest Eligible for 80P Deduction [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has granted substantial tax relief to a cooperative credit society, holding that interest earned on fixed deposits (FDRs) with cooperative...
![Co-op Society wins ₹10.14L Tax Relief: ITAT rules FDR Interest Eligible for 80P Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/2054663-cooperative-society-taxscan.webp "Co-op Society wins ₹10.14L Tax Relief: ITAT rules FDR Interest Eligible for 80P Deduction [Read Order]")