Supreme Court to Decide Income Tax Exemption on Merchant Navy Officer's Salary Credited in Indian Bank Account
The Supreme Court decided to hear the special leave petition to decide whether the income credited in an Indian bank account while working with a...
![AO Disallows Deemed Application of Income for Non-Filing of Form 10 Electronically: ITAT allows Claims [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078200-income-tax-income-tax-e-filing-e-filing-portal-filing-filing-of-form-10-form-10-taxscan.webp "AO Disallows Deemed Application of Income for Non-Filing of Form 10 Electronically: ITAT allows Claims [Read Order]")
![PCIT Orders Reassessment of Investments and FDs u/s 263: ITAT Sets Aside Order, Holds AO Properly Verified Details [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/250x150_2078223-pcit-investments-and-fds-itat-taxscan.webp "PCIT Orders Reassessment of Investments and FDs u/s 263: ITAT Sets Aside Order, Holds AO Properly Verified Details [Read Order]")
![ITAT Weekly Round Up [August 10th - August 16th]](https://images.taxscan.in/h-upload/2025/08/16/250x150_2077449-itat-weekly-round-up-taxscan.webp "ITAT Weekly Round Up [August 10th - August 16th]")
Non-Submission of Documents Led to Best Judgment Assessment: Madras HC Quashes Income Tax Order subject to 15% Deposit [Read Order]
The Madurai bench of Madras High Court has set aside an assessment order passed under Sections 147 read with 144 and 144B of the Income Tax Act, 1961, granting the assessee another opportunity to...
![Non-Submission of Documents Led to Best Judgment Assessment: Madras HC Quashes Income Tax Order subject to 15% Deposit [Read Order]](https://images.taxscan.in/h-upload/2025/08/15/500x300_2076917-deposit-madras-high-court-income-tax-order-taxscan.webp "Non-Submission of Documents Led to Best Judgment Assessment: Madras HC Quashes Income Tax Order subject to 15% Deposit [Read Order]")
![Partnership Firm Losses Cannot be Added Back in Book Profit Calculation u/s 115JB:ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076409-partnership-firm-added-back-book-profit-itat-taxscan.webp "Partnership Firm Losses Cannot be Added Back in Book Profit Calculation u/s 115JB:ITAT [Read Order]")
Setback for South Indian Bank: ITAT Rules AO Cannot Exceed Scope of S.263 Revision While Passing Consequential Assessment Order [Read Order]
The Cochin Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal filed by South Indian Bank Ltd., holding that the Assessing Officer (AO) cannot go beyond the scope of the revision ...
![Setback for South Indian Bank: ITAT Rules AO Cannot Exceed Scope of S.263 Revision While Passing Consequential Assessment Order [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/500x300_2076377-south-indian-bank-itat-consequential-assessment-order-taxscan.webp "Setback for South Indian Bank: ITAT Rules AO Cannot Exceed Scope of S.263 Revision While Passing Consequential Assessment Order [Read Order]")
Supreme Court Disposed of SLP Relying on ‘Union of India & Ors. vs. Rajeev Bansal’, Upholds Validity of TOLA [Read Judgement]
The Supreme Court in its recent case disposed of the Special Leave Petition (SLP) relying on ‘Union of India & ors v. Rajeev Bansal’ where the court upheld the validity of the Taxation and...
![Supreme Court Disposed of SLP Relying on ‘Union of India & Ors. vs. Rajeev Bansal’, Upholds Validity of TOLA [Read Judgement]](https://images.taxscan.in/h-upload/2025/08/05/500x300_2073189-supreme-court-supreme-court-disposed-of-slp-rely-slp-rely-taxscan.webp "Supreme Court Disposed of SLP Relying on ‘Union of India & Ors. vs. Rajeev Bansal’, Upholds Validity of TOLA [Read Judgement]")
![ITAT Weekly Round-up[July 26th - August 1st]](https://images.taxscan.in/h-upload/2025/08/04/500x300_2072908-itat-weekly-round-up-july-26th-august-1st.webp "ITAT Weekly Round-up[July 26th - August 1st]")
ITAT Condones 224-Day Delay: Remands Modi Charitable Trust’s 12A & 80G Applications Over Unfamiliarity with E-Notices [Read Order]
The Ahmedabad Benchof the Income Tax Appellate Tribunal (ITAT) in its recent ruling condoned a delay of 224 days in filing appeals and remanded back the matter upon being certain that the appellant...
![ITAT Condones 224-Day Delay: Remands Modi Charitable Trust’s 12A & 80G Applications Over Unfamiliarity with E-Notices [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055157-itat-condones-delay-appeal-serious-dispute-partners-remands-case-fresh-assessment-costs-itat-bangalore-taxscan-1.webp "ITAT Condones 224-Day Delay: Remands Modi Charitable Trust’s 12A & 80G Applications Over Unfamiliarity with E-Notices [Read Order]")
![India and Oman Revise Double Taxation Treaty: Key Protocol Amendments Explained [Read Notification]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055023-dtaa-india-and-oman-revise-double-taxation-taxscan.webp "India and Oman Revise Double Taxation Treaty: Key Protocol Amendments Explained [Read Notification]")