![Income Tax Deduction u/s 10AA Cannot Be Denied for Delay in Filing Form 56F: Madras HC Dismisses Revenues Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/500x300_2043113-madras-hc.webp "Income Tax Deduction u/s 10AA Cannot Be Denied for Delay in Filing Form 56F: Madras HC Dismisses Revenues Appeal [Read Order]")
Income Tax Deduction u/s 10AA Cannot Be Denied for Delay in Filing Form 56F: Madras HC Dismisses Revenue's Appeal [Read Order]
The Madras High Court has held that the income tax deduction under Section 10AA cannot be denied on the grounds of delay in the filing of Form 56F. ...
![No Addition Can Be Made Solely on 26AS-Sales Mismatch Due to Double TDS Deduction by Client: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/250x150_2043010-no-addition-can-be-made-solely-26as-sales-mismatch-due-mismatch-due-taxscan.webp "No Addition Can Be Made Solely on 26AS-Sales Mismatch Due to Double TDS Deduction by Client: ITAT [Read Order]")
![3-Year Inaction on Income Tax Appeal: Madras HC Sets 12-Week Deadline for CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/250x150_2042964-income-tax-appeal-madras-high-court-taxscan.webp "3-Year Inaction on Income Tax Appeal: Madras HC Sets 12-Week Deadline for CIT(A) [Read Order]")
![ITAT Condones 148-Day Delay, Remands Case to CIT(A) Due to Assessees Medical Grounds and Legal Oversight [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/250x150_2042905-income-tax-patna-high-court-income-tax-appeal-condones-delay-income-tax-appeal-filing-delay-taxscan.webp "ITAT Condones 148-Day Delay, Remands Case to CIT(A) Due to Assessees Medical Grounds and Legal Oversight [Read Order]")
![Income Tax Appeal cannot be rejected solely on Non-Appearance of Assessee: Kerala HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/250x150_2041786-income-tax-appeal-income-tax-appeal-cannot-be-rejected-taxscan.webp "Income Tax Appeal cannot be rejected solely on Non-Appearance of Assessee: Kerala HC [Read Order]")
Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) allowed an appeal concerning the disallowance of interest expenditure under Section 57(iii) of the Income Tax Act, 1961, ruling that...
![Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/07/500x300_2041611-itat-taxpayers-taxscan.webp "Commercial Decisions Must Be Judged from Taxpayer’s Perspective, Not the Income Tax Department: ITAT [Read Order]")
Partial Relief for Piaggio: ITAT Directs Fresh TP Verification Due to Incorrect Uniform Margin Application on Exports [Read Order]
The Pune Bench of Income Tax Appellate Tribunal ( ITAT ) granted partial relief to Piaggio Vehicles Pvt. Ltd. by directing fresh transfer pricing verification, citing incorrect application of a...
![Partial Relief for Piaggio: ITAT Directs Fresh TP Verification Due to Incorrect Uniform Margin Application on Exports [Read Order]](https://images.taxscan.in/h-upload/2025/06/05/500x300_2041319-piaggio-itat-taxscan.webp "Partial Relief for Piaggio: ITAT Directs Fresh TP Verification Due to Incorrect Uniform Margin Application on Exports [Read Order]")
![NFAC issues Duplicate of Earlier Order due to Mis-communication: ITAT Sets Aside Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/05/500x300_2041321-nfac-itat-taxscan.webp "NFAC issues Duplicate of Earlier Order due to Mis-communication: ITAT Sets Aside Order [Read Order]")
ITAT Upholds Reassessment Validity Citing TOLA, Reduces Scrap Sales Addition at 8% Profit Rate [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the validity of reassessment proceedings relying on the extended limitation period under the Taxation and Other Laws (Relaxation...
![ITAT Upholds Reassessment Validity Citing TOLA, Reduces Scrap Sales Addition at 8% Profit Rate [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/ITAT-ITAT-Mumbai-Income-tax-Income-Tax-Reassessment-Director-General-PCIT-PCCIT-Approval-Director-General-Approval-taxscan.jpg "ITAT Upholds Reassessment Validity Citing TOLA, Reduces Scrap Sales Addition at 8% Profit Rate [Read Order]")
ITAT Erred in Holding Vedanta’s Block Assessment Order Time-Barred: Madras HC Restores 25 Years Pending Matter to Tribunal [Read Order]
The Madras High Court has overturned the Income Tax Appellate Tribunal’s ( ITAT ) decision that had held the block assessment order issued against Vedanta Limited as time-barred and restored the...
![ITAT Erred in Holding Vedanta’s Block Assessment Order Time-Barred: Madras HC Restores 25 Years Pending Matter to Tribunal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Assessment-order-ITAT-Taxscan.jpg "ITAT Erred in Holding Vedanta’s Block Assessment Order Time-Barred: Madras HC Restores 25 Years Pending Matter to Tribunal [Read Order]")
Unexplained Cash Deposit of ₹12.02 Lakh in Second PAN Account: ITAT Upholds Addition for Lack of Corroborative Evidence [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the addition of unexplained cash deposits amounting to ₹12.02 lakh in a bank account linked to a second Permanent Account Number...
![Unexplained Cash Deposit of ₹12.02 Lakh in Second PAN Account: ITAT Upholds Addition for Lack of Corroborative Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/cash-deposit-ITAT-Taxscan.jpg "Unexplained Cash Deposit of ₹12.02 Lakh in Second PAN Account: ITAT Upholds Addition for Lack of Corroborative Evidence [Read Order]")
ITAT Quashes Reassessment Orders against Assessee Due to Time-Barred Notice under New Regime [Read Order]
The Raipur Bench of the Income Tax Appellate Tribunal (ITAT) has quashed two reassessment proceedings against the assessee Vinay Agrawal for Assessment Years 2014–15 and 2015–16, holding that the...
![ITAT Quashes Reassessment Orders against Assessee Due to Time-Barred Notice under New Regime [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Quashes-Reassessment-Orders-taxscan-1.jpg "ITAT Quashes Reassessment Orders against Assessee Due to Time-Barred Notice under New Regime [Read Order]")