![ITAT Dismisses Revenues Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]](https://images.taxscan.in/h-upload/2025/06/03/500x300_2041137-itat-itat-dismisses-revenues-challenge-revenues-challenge-taxscan.webp "ITAT Dismisses Revenues Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]")
ITAT Dismisses Revenue's Challenge on Education Cess Deduction, Case Remanded to CIT(A) for Proper Review [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the appeal filed by the Income Tax Department against AVR Storage Tank...
![No Justification for Withholding Income Tax Refund: Madras HC Directs Rs. 92 Lakh Payout with Interest to Taxpayer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/income-tax-refund-site-img.jpg "No Justification for Withholding Income Tax Refund: Madras HC Directs Rs. 92 Lakh Payout with Interest to Taxpayer [Read Order]")
![CIT(A) Mistakenly Treated Private Company as Cooperative Society u/s 80P: ITAT remands Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Cooperative-Society-ITAT-remands-Case-ITAT-taxscan.jpg "CIT(A) Mistakenly Treated Private Company as Cooperative Society u/s 80P: ITAT remands Case [Read Order]")
![Approval Memo u/s 153D Silent on Issues Involved not Sustainable in Law: ITAT quashes ₹32L Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Memo-site-img.jpg "Approval Memo u/s 153D Silent on Issues Involved not Sustainable in Law: ITAT quashes ₹32L Income Tax Addition [Read Order]")
![ITAT Dismisses Revenue’s Appeal as Reassessment Under Section 147/148 Invalid Due to Third-Party Search Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Dismisses-Revenues-Appeal-Revenues-Appeal-Revenues-Appeal-as-Reassessment-Reassessment-Under-Section-147-148-Reassessment-taxscan.jpg "ITAT Dismisses Revenue’s Appeal as Reassessment Under Section 147/148 Invalid Due to Third-Party Search Evidence [Read Order]")
“Income Chargeable to Tax Means Chargeable Under the Act”: Rajasthan HC Quashes S.148A(d) Order on NRI’s Land Purchase [Read Order]
The Rajasthan High Court recently quashed an order passed under Section 148A(d) of the Income Tax Act, 1961, affirming that foreign income used for purchasing land in India does not automatically...
![“Income Chargeable to Tax Means Chargeable Under the Act”: Rajasthan HC Quashes S.148A(d) Order on NRI’s Land Purchase [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Rajasthan-High-Court-NRIs-Land-Purchase-Chargeable-Under-the-Act-taxscan.jpg "“Income Chargeable to Tax Means Chargeable Under the Act”: Rajasthan HC Quashes S.148A(d) Order on NRI’s Land Purchase [Read Order]")
FMV of Shares Determined by Statutorily Prescribed Methods cannot be Rejected without Recording Contrary Evidence: Karnataka HC [Read Order]
In a recent ruling, the Karnataka High Court clarified that income tax authorities cannot reject the Fair Market Value ( FMV ) of shares determined using methods prescribed by Rule 11UA(2) without...
![FMV of Shares Determined by Statutorily Prescribed Methods cannot be Rejected without Recording Contrary Evidence: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Fair-Market-Value-Contrary-Evidence-FMV-of-Shares-Determined-taxscan.jpg "FMV of Shares Determined by Statutorily Prescribed Methods cannot be Rejected without Recording Contrary Evidence: Karnataka HC [Read Order]")
₹278.67 Crore Addition on Ex-Andhra CM Y.S. Jagan Mohan Reddy Scrapped by ITAT Over Insufficient Evidence [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) has struck down an addition of ₹278.67 crores imposed on former Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy. The tribunal...
![₹278.67 Crore Addition on Ex-Andhra CM Y.S. Jagan Mohan Reddy Scrapped by ITAT Over Insufficient Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Ex-Andhra-CM-Y.S.-Jagan-Mohan-Reddy-ITAT-Addition-on-Ex-Andhra-CM-taxscan.jpg "₹278.67 Crore Addition on Ex-Andhra CM Y.S. Jagan Mohan Reddy Scrapped by ITAT Over Insufficient Evidence [Read Order]")
ITAT Upholds CIT(A)'s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) upheld the Commissioner of Income Tax(Appeals)[CIT(A)]'s decision to delete the Rs. 6.8 crore addition for bogus purchases due to the...
![ITAT Upholds CIT(A)s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/itat-itat-delhi-cita-Bogus-Purchase-Taxscan.jpg "ITAT Upholds CIT(A)s Deletion of Rs. 6.8 crore Addition for Bogus Purchase due to Submission of Valid Proof [Read Order]")
Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]
The Bombay High Court granted relief to the The Shri Saibaba Sansthan Trust - Shirdi (Saibaba Trust), preventing the Revenue from reopening the assessment of the Trust for the Assessment Year (A.Y.) ...
![Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Shri-Sai-Baba-Sansthan-Trust-Relief-to-Shri-Sai-Baba-Sansthan-Trust-Bombay-HC-Bombay-HC-halts-Reopening-Income-Tax-taxscan.jpg "Relief to Shri Sai Baba Sansthan Trust: Bombay HC halts Reopening Income Tax Assessment of A.Y. 2014-15 [Read Order]")
ITAT Upholds Deletion of Rs. 4 Crore Addition for Unexplained Expenditure, Citing Insufficient Evidence of Off-Book Payments [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the deletion of a Rs. 4 crore addition for unexplained expenditure under section 69C of Income Tax Act,1961, ruling that there was...
![ITAT Upholds Deletion of Rs. 4 Crore Addition for Unexplained Expenditure, Citing Insufficient Evidence of Off-Book Payments [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Chennai-Unexplained-Expenditure-section-69C-of-Income-Tax-Act-Citing-Insufficient-Evidence-of-Off-Book-Payments-TAXSCAN.jpg "ITAT Upholds Deletion of Rs. 4 Crore Addition for Unexplained Expenditure, Citing Insufficient Evidence of Off-Book Payments [Read Order]")
Low Tax effect but exceptional Income Tax case: Karnataka HC allows revival of appeal by dept. [Read Order]
The Karnataka High Court has dismissed an Income Tax appeal filed by the Principal Commissioner of Income Tax due to the tax effect being below the Rs.1 Crore threshold. However, the court left the...
![Low Tax effect but exceptional Income Tax case: Karnataka HC allows revival of appeal by dept. [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Karnataka-High-Court-CBDT-CBDT-Circular-Income-Tax-Revival-of-Income-Tax-appeals-Principal-Commissioner-of-Income-Tax-taxscan.jpg "Low Tax effect but exceptional Income Tax case: Karnataka HC allows revival of appeal by dept. [Read Order]")