![Discretionary Trust created under Deceased’s Will Not Liable to Income Tax at Maximum Marginal Rate u/s 164: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/22/500x300_2067556-itat-ahmedabad-discretionary-trust-case.webp "Discretionary Trust created under Deceased’s Will Not Liable to Income Tax at Maximum Marginal Rate u/s 164: ITAT [Read Order]")
Discretionary Trust created under Deceased’s Will Not Liable to Income Tax at Maximum Marginal Rate u/s 164: ITAT [Read Order]
The Ahmedabad Benchof the Income Tax Appellate Tribunal (ITAT) has held that a discretionary trust which is created under the Will of a deceased...
![Chhattisgarh HC Disposes of Income Tax Appeal as Tax Effect Falls Below Revised ₹2 Cr Threshold [Read Order]](https://images.taxscan.in/h-upload/2025/06/21/250x150_2051705-incometax-appeal-taxscan.webp "Chhattisgarh HC Disposes of Income Tax Appeal as Tax Effect Falls Below Revised ₹2 Cr Threshold [Read Order]")
![Revenues Claim of Exceptional Case Rejected: Delhi HC Dismisses Appeal Over Monetary Threshold [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Delhi-High-Court-Revenues-Claim-Exceptional-Case-Rejected-taxscan.jpg "Revenues Claim of Exceptional Case Rejected: Delhi HC Dismisses Appeal Over Monetary Threshold [Read Order]")
![ITAT Condones 27-Day Delay and Accepted Trust’s Appeal u/s 80G Following CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/CBDT-Circular-ITAT-Surat-Filing-Delay-taxnews.jpg "ITAT Condones 27-Day Delay and Accepted Trust’s Appeal u/s 80G Following CBDT Circular [Read Order]")
![ITAT Dismisses Revenues Appeal Due to Low Tax Effect Under CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/low-tax.jpg "ITAT Dismisses Revenues Appeal Due to Low Tax Effect Under CBDT Circular [Read Order]")
S. 80IA Claim Disallowance w/o Verification of Nature of Assessee as Developer or Works Contractor by AO: ITAT returns Matter [Read Order]
Recently, the Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) dealt with a significant issue regarding the denial of a deduction claim under Section 80IA(4) of the Income Tax Act, 1961. ...
![S. 80IA Claim Disallowance w/o Verification of Nature of Assessee as Developer or Works Contractor by AO: ITAT returns Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Pune-Assessing-Officer-Sectio-80IA-Claim-Disallowance-Income-Tax-Denial-of-a-deduction-taxscan.jpg "S. 80IA Claim Disallowance w/o Verification of Nature of Assessee as Developer or Works Contractor by AO: ITAT returns Matter [Read Order]")
CBDT Circular on Deposition of Assessed Tax Applicable when Appeal against Assessment Order under Income Tax Act lies only before ITAT: Kerala HC [Read Order]
The Kerala High Court held that the Central Board of Direct Taxes (CBDT) circular regarding deposition of assessed tax is applicable when appeal against assessment order under Income Tax Act, 1961...
![CBDT Circular on Deposition of Assessed Tax Applicable when Appeal against Assessment Order under Income Tax Act lies only before ITAT: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/CBDT-Circular-Assessed-Tax-CBDT-Circular-on-Deposition-of-Assessed-Tax-Appeal-taxscan.jpg "CBDT Circular on Deposition of Assessed Tax Applicable when Appeal against Assessment Order under Income Tax Act lies only before ITAT: Kerala HC [Read Order]")
Agricultural Expenditure Adequacy Not verified by AO u/s 143(3), Revenue interests not sustainable: ITAT quashes Assessment Order [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed the assessment order after finding that the Assessing Officer ( AO ) failed to verify the adequacy of agricultural...
![Agricultural Expenditure Adequacy Not verified by AO u/s 143(3), Revenue interests not sustainable: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Agricultural-Expenditure-Adequacy-AO-us-1433-Revenue-interests-not-sustainable-ITAT-quashes-assessment-order-TAXSCAN.jpg "Agricultural Expenditure Adequacy Not verified by AO u/s 143(3), Revenue interests not sustainable: ITAT quashes Assessment Order [Read Order]")
CBDT issues Departmental Guidelines for Filing of Income Tax Appeals before ITAT, HCs and SLPs/Appeals before Supreme Court [Read Circular]
The Central Board of Direct Taxes ( CBDT ) released a Circular, No. 5/2024 dated March 15, 2024, under Section 268A of the Income-tax Act, 1961, outlining guidelines for the Department’s appeal...
![CBDT issues Departmental Guidelines for Filing of Income Tax Appeals before ITAT, HCs and SLPs/Appeals before Supreme Court [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/03/CBDT-CBDT-issues-Departmental-Guidelines-Filing-of-Income-Tax-Appeals-TAXSCAN.jpg "CBDT issues Departmental Guidelines for Filing of Income Tax Appeals before ITAT, HCs and SLPs/Appeals before Supreme Court [Read Circular]")
Transport Services or Medical Expenses Reimbursement provided to non-employees excluded from FBT liability: ITAT deletes Addition [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled in favor of the assessee by removing the addition related to transport services or medical expenses reimbursement provided to...
![Transport Services or Medical Expenses Reimbursement provided to non-employees excluded from FBT liability: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Delhi-Income-Tax-Transport-Services-TAXSCAN.jpeg "Transport Services or Medical Expenses Reimbursement provided to non-employees excluded from FBT liability: ITAT deletes Addition [Read Order]")
CBDT extends Deadline for Trusts/Institutions to Correct Form 10B/10BB: Know the New Deadline [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has issued Circular No. 02/2024 dated March 05, 2024, providing relief to trusts and institutions that submitted incorrect audit reports for the Assessment...
