Getting your Child Married Soon? Here’s What You Must Know about Tax on Gifts as A Parent
When an Indian wedding is announced, a joyous cascade of envelopes and boxes follows. Relatives bring shagun, friends press crisp currency notes into...
![CIT(A) dismisses Income tax Appeal on Technical Grounds rather than on Merits: ITAT directs to issues Speaking Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/lady-justice-site-img.jpg "CIT(A) dismisses Income tax Appeal on Technical Grounds rather than on Merits: ITAT directs to issues Speaking Order [Read Order]")
![Addition of Rs. 2.02 Crore as Accommodation Entries: ITAT Holds Addition Unsustainable On Lack of Primary Proof [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Accommodation-Entries-itat-ahmedabad-taxscan.jpg "Addition of Rs. 2.02 Crore as Accommodation Entries: ITAT Holds Addition Unsustainable On Lack of Primary Proof [Read Order]")
![CPC cannot continue to Rectify and Re-rectify intimation u/s 143(1)(a) of Income Tax Act Repeatedly: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/CPC-CPC-cannot-continue-to-Rectify-Rectify-and-Re-rectify-intimation-taxscan.jpg "CPC cannot continue to Rectify and Re-rectify intimation u/s 143(1)(a) of Income Tax Act Repeatedly: Delhi HC [Read Order]")
ITAT Dismisses Revenue’s Appeals against Civil Contractor as Tax Effect Below ₹60 Lakhs, Grounds Termed “Cryptic and Nebulous” [Read Order]
The Nagpur Bench of the Income Tax Appellate Tribunal (ITAT) recently dismissed two appeals filed by the Income Tax Officer against the assessee Janardan Shyam Bihari Singh, a civil contractor, for...
![ITAT Dismisses Revenue’s Appeals against Civil Contractor as Tax Effect Below ₹60 Lakhs, Grounds Termed “Cryptic and Nebulous” [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-ITAT-Dismisses-Revenues-Appeals-Revenues-Appeals-taxscan.jpg "ITAT Dismisses Revenue’s Appeals against Civil Contractor as Tax Effect Below ₹60 Lakhs, Grounds Termed “Cryptic and Nebulous” [Read Order]")
Delay in Filing Appeal Condoned Despite No Response to Notices: ITAT Allows Fresh Assessment After Payment to PM’s Relief Fund[Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) condoned a delay of 139 days in filing an appeal, despite the appellant’s failure to respond to notices from both the Assessing Officer...
![Delay in Filing Appeal Condoned Despite No Response to Notices: ITAT Allows Fresh Assessment After Payment to PM’s Relief Fund[Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Relief-Fund-Of-PM-Income-Tax-ITAT-Condones-Delay-taxscan.jpg "Delay in Filing Appeal Condoned Despite No Response to Notices: ITAT Allows Fresh Assessment After Payment to PM’s Relief Fund[Read Order]")
Non-Consideration of Key Documents by AO and CIT(A): ITAT Restores Matter to AO for Fresh Adjudication [Read Order]
The Cochin Bench of Income Tax Appellate Tribunal(ITAT)restored the matter to the Assessing Officer for fresh adjudication after finding that key documents submitted by the assessee, including...
![Non-Consideration of Key Documents by AO and CIT(A): ITAT Restores Matter to AO for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Documents-CITA-taxscan.jpg "Non-Consideration of Key Documents by AO and CIT(A): ITAT Restores Matter to AO for Fresh Adjudication [Read Order]")
District Magistrate Failed to Collect TCS: ITAT Condones 350-Day Delay Despite Non-Representation of DM's AR [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) condoned a 350-day delay in filing an appeal by the District Magistrate, Badaun, in a case concerning non-compliance with Tax Collected at...
![District Magistrate Failed to Collect TCS: ITAT Condones 350-Day Delay Despite Non-Representation of DMs AR [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/District-Magistrate-District-Magistrate-Failed-to-Collect-TCS-TCS-taxscan.jpg "District Magistrate Failed to Collect TCS: ITAT Condones 350-Day Delay Despite Non-Representation of DMs AR [Read Order]")
Disallowance for Contractual Penalties Deducted by Government Authorities: ITAT Allows Deduction as Business Expenditure u/s 37(1) [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT)allowed deduction of ₹42.44 lakh as business expenditure under Section 37(1) of Income Tax Act,1961 rejecting the disallowance for contractual...
![Disallowance for Contractual Penalties Deducted by Government Authorities: ITAT Allows Deduction as Business Expenditure u/s 37(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Disallowance-business-expenditure-TAXSCAN.jpg "Disallowance for Contractual Penalties Deducted by Government Authorities: ITAT Allows Deduction as Business Expenditure u/s 37(1) [Read Order]")
Not All Expenses with Enduring Benefit Qualify as Capital Expenditure: Delhi HC in Genpact Services LLC [Read Order]
In a recent judgment, the Delhi High Court ruled that not all expenses resulting in an enduring benefit qualify as capital expenditure and dismissed a penalty appeal filed by the Income Tax...
![Not All Expenses with Enduring Benefit Qualify as Capital Expenditure: Delhi HC in Genpact Services LLC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Enduring-Benefit-Qualify-Expenses-with-Enduring-Benefit-Qualify-Capital-Expenditure-taxscan.jpg "Not All Expenses with Enduring Benefit Qualify as Capital Expenditure: Delhi HC in Genpact Services LLC [Read Order]")
No Income Tax Addition Permissible in Unabated Assessment Without Incriminating Material Found During Search u/s 132: ITAT [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that no addition can be made under Section 153A in an unabated assessment where no incriminating material has been found during...
![No Income Tax Addition Permissible in Unabated Assessment Without Incriminating Material Found During Search u/s 132: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/income-tax-Addition-site-img.jpg "No Income Tax Addition Permissible in Unabated Assessment Without Incriminating Material Found During Search u/s 132: ITAT [Read Order]")