Income Tax Commissioner adjudicates Penalty Order instead of Re-assessment Order: ITAT Remands Sale Consideration Challenge for Reconsideration [Read Order]
The Nagpur bench of the Income Tax Appellate Tribunal (ITAT) remanded the sale consideration matter to the Commissioner, as it had adjudicated the...
₹1.92 Cr Short-Term Deposit Interest: ITAT Remands to AO to Verify Capital vs. Revenue Treatment [Read Order]
The Jabalpur bench of Income Tax Appellate Tribunal (ITAT) remanded the matter relating to short-term deposit to the Assessing Officer to determine the correct tax treatment of ₹1.92 crore earned as...
Fertilizer Dealer's 'October Spike' in Sales Saves the Day as ITAT Deletes Rs. 2.45 Cr Demonetization Addition [Read Order]
The Agra Bench of the Income Tax Appellate Tribunal (ITAT) dismissed a revenue appeal and upheld the deletion of an addition of Rs. 2.45 crore made on account of cash deposits during the...
Deduction u/s 80JJAA Disallowed for Non-Filing of Form 10DA: ITAT Restores Matter to AO, Treating Lapse as Technical [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) restored the matter to the Assessing Officer (AO), treating the disallowance of deduction under section 80JJAA of Income Tax Act,1961, for...
![Deduction u/s 80JJAA Disallowed for Non-Filing of Form 10DA: ITAT Restores Matter to AO, Treating Lapse as Technical [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093778-deduction-income-tax-act-assessee-conditions-itat-taxscan.webp "Deduction u/s 80JJAA Disallowed for Non-Filing of Form 10DA: ITAT Restores Matter to AO, Treating Lapse as Technical [Read Order]")
![Fully Verifiable Business Transactions: ITAT quashes Higher Income Tax Imposition u/s 115BBE [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093407-income-tax-imposition-taxscan.webp "Fully Verifiable Business Transactions: ITAT quashes Higher Income Tax Imposition u/s 115BBE [Read Order]")
Interconnect Service Payments Do Not Constitute “Royalty” Under Income Tax Act: Supreme Court sustains Karnataka HC Decision [Read Order]
The Supreme Court of India recently dismissed a Special Leave Petition filed by the Income Tax Department against the respondent M/s Belgacom International Carrier Services SA (Belgacom), affirming...
![Interconnect Service Payments Do Not Constitute “Royalty” Under Income Tax Act: Supreme Court sustains Karnataka HC Decision [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/500x300_2092274-supreme-court-taxscan.webp "Interconnect Service Payments Do Not Constitute “Royalty” Under Income Tax Act: Supreme Court sustains Karnataka HC Decision [Read Order]")
Indexation Benefit on LTCG Available Only from Date of Builder Buyer Agreement, Not Provisional Allotment: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that indexation on long-term capital gains begins only from the date of the Builder Buyer Agreement and not from the date of provisional allotment. ...
![Indexation Benefit on LTCG Available Only from Date of Builder Buyer Agreement, Not Provisional Allotment: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/500x300_2091242-long-term-capital-gain-itat-itat-mumbai-tax-liability-income-tax-cost-of-acquisition-ltcg-without-indexing-cost-of-acquisition-computing-tax-liability-ltcg-taxscan.webp "Indexation Benefit on LTCG Available Only from Date of Builder Buyer Agreement, Not Provisional Allotment: Delhi HC [Read Order]")
No Income Tax Notices received due to Inactive Email & Covid issues, Order Passed Ex parte: ITAT remands 6 Appeals for Fresh Adjudication [Read Order]
The Indore bench of the Income Tax Appellate Tribunal ( ITAT ) has remanded six appeals for fresh adjudication as the assessee failed to receive income tax notices due to COVID-19 constraints and ...
![No Income Tax Notices received due to Inactive Email & Covid issues, Order Passed Ex parte: ITAT remands 6 Appeals for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/09/25/500x300_2090774-fresh-adjudication-taxscan.webp "No Income Tax Notices received due to Inactive Email & Covid issues, Order Passed Ex parte: ITAT remands 6 Appeals for Fresh Adjudication [Read Order]")