![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part X]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114548-annual-income-tax-case-digest-itat-decisions-2025-part-x-taxscan.webp "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part X]")
Annual Income Tax Case Digest: ITAT Decisions 2025 [Part X]
ITAT Gives Taxpayer Second Chance to Prove ₹50 Lakh Property Purchase SourceMiteshkumar Dhanjibhai Patel vsIncome Tax Officer CITATION : 2025 TAXSCAN...
![Higher Depreciation on Goods Carriage Vehicles Cannot Be Disallowed at S. 143(1) Stage: ITAT Deletes CPC Adjustment [Read Order]](https://images.taxscan.in/h-upload/2025/12/24/250x150_2114624-higher-depreciation-goods-carriage-vehicles-disallowed-stage-itat-deletes-cpc-adjustment-taxscan.webp "Higher Depreciation on Goods Carriage Vehicles Cannot Be Disallowed at S. 143(1) Stage: ITAT Deletes CPC Adjustment [Read Order]")
![CAM Charges Not ‘Rent’ u/s 194‑I of IT Act: SC Upholds Delhi HC Ruling, ₹4.4 Lakh TDS Demand on Fashion Retailer Set Aside [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/250x150_2113185-cam-tds-income-tax-act-itat-taxscan.webp "CAM Charges Not ‘Rent’ u/s 194‑I of IT Act: SC Upholds Delhi HC Ruling, ₹4.4 Lakh TDS Demand on Fashion Retailer Set Aside [Read Order]")
![Provision for Future Expenses Allowable under Matching Principle: ITAT Quashes Reassessment due to Lack of New Material [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/250x150_2111077-provision-future-expenses-matching-principle-itat-quashes-reassessment-lack-new-material-taxscan.webp "Provision for Future Expenses Allowable under Matching Principle: ITAT Quashes Reassessment due to Lack of New Material [Read Order]")
![Legal Heir Fails to Inform AO of Assessee’s Death: ITAT Remands Case to CIT(A) after Income Tax Dept Raises No Objection [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/250x150_2110120-legal-heir-fails-ao-assesseee-death-itat-cit-income-tax-dept-taxscan.webp "Legal Heir Fails to Inform AO of Assessee’s Death: ITAT Remands Case to CIT(A) after Income Tax Dept Raises No Objection [Read Order]")
‘Sexist Assumptions’ in CIT(A) Order: ITAT slams Authority for Ignoring Women’s Expertise, Deletes Sales Commission Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has strongly criticised the Commissioner of Income Tax (Appeals) [CIT(A)] for making sexist and baseless assumptions while disallowing...
![‘Sexist Assumptions’ in CIT(A) Order: ITAT slams Authority for Ignoring Women’s Expertise, Deletes Sales Commission Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110189-sexist-assumptions-womens-expertise-deletes-sales-commission-taxscan.webp "‘Sexist Assumptions’ in CIT(A) Order: ITAT slams Authority for Ignoring Women’s Expertise, Deletes Sales Commission Disallowance [Read Order]")
Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the payments was not made on banking holidays and held that the assessee failed to establish the conditions required for...
![Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108301-bank-holidays-cash-payments-exceeding-statutory-limit-itat-rejects-assessees-claim-ur-6dd-income-tax-rules-taxscan.webp "Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]")
Goodwill Arising on Amalgamation Qualifies as Intangible Asset Eligible for Depreciation u/s 32(1)(ii) of Income Tax Act: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bench at Mumbai upheld the allowability of depreciation on goodwill arising from a scheme of amalgamation, holding that such goodwill constitutes an...
![Goodwill Arising on Amalgamation Qualifies as Intangible Asset Eligible for Depreciation u/s 32(1)(ii) of Income Tax Act: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/500x300_2106016-itat-ruling-goodwill-asset-taxscan-.webp "Goodwill Arising on Amalgamation Qualifies as Intangible Asset Eligible for Depreciation u/s 32(1)(ii) of Income Tax Act: ITAT [Read Order]")
CA Ignores ICAI’s Technical Guide on Share Valuation: ITAT finds CA Certificate Defective, upholds Tax on Excess Share Premium u/s 56(2)(viib) [Read Order]
The Income Tax Appellate Tribunal (ITAT) Bench at Rajkot has upheld the addition of ₹3.99 crore made under Section 56(2)(viib) of the Income Tax Act, 1961, holding that the assessee’s Discounted...
![CA Ignores ICAI’s Technical Guide on Share Valuation: ITAT finds CA Certificate Defective, upholds Tax on Excess Share Premium u/s 56(2)(viib) [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/500x300_2105999-ca-icai-itat-taxscan.webp "CA Ignores ICAI’s Technical Guide on Share Valuation: ITAT finds CA Certificate Defective, upholds Tax on Excess Share Premium u/s 56(2)(viib) [Read Order]")
Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeals, confirming that the deduction claimed under Section 36(1)(viia)(c) for provision for bad and doubtful...
![Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/500x300_2101470-itat-mumbai-sidbi-itat-computation-of-deduction-taxscan.webp "Computation of Deduction u/s 36(1)(viia)(c) Independent of Deduction u/s 36(1)(viii): ITAT Rejects Double Deduction Argument for SIDBI [Read Order]")
Delhi HC dismisses Revenue's appeal over Mechanical Search Assessment Approvals made under Income Tax Act [Read Order]
The Delhi High Court has dismissed an appeal filed by the Revenue, upholding a decision that invalidated search-related assessments due to mechanically granted approvals. The bench relied on its own...
![Delhi HC dismisses Revenues appeal over Mechanical Search Assessment Approvals made under Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/500x300_2101428-delhi-high-court-income-tax-act-delhi-hc-dismisses-taxscan.webp "Delhi HC dismisses Revenues appeal over Mechanical Search Assessment Approvals made under Income Tax Act [Read Order]")
NPCI is Charitable Entity for Advancing General Public Utility: ITAT Rejects Income Tax Revision by CIT(E) [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT recently held that the National Payments Corporation of India (NPCI) qualifies as a charitable entity as it is engaged in the advancement...
![NPCI is Charitable Entity for Advancing General Public Utility: ITAT Rejects Income Tax Revision by CIT(E) [Read Order]](https://images.taxscan.in/h-upload/2025/10/31/500x300_2101306-npci-itat-mumbai-general-public-utility-income-tax-taxscan.webp "NPCI is Charitable Entity for Advancing General Public Utility: ITAT Rejects Income Tax Revision by CIT(E) [Read Order]")