![CBDT Approves IIT Madras Research Park for Income Tax Deduction, Donations to Scientific Research Claimable [Read Notification]](https://images.taxscan.in/h-upload/2025/09/01/2083069-iit-madras-taxscan.webp "CBDT Approves IIT Madras Research Park for Income Tax Deduction, Donations to Scientific Research Claimable [Read Notification]")
CBDT Approves IIT Madras Research Park for Income Tax Deduction, Donations to Scientific Research Claimable [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has granted approval to IIT Madras Research Park for income tax deduction benefits, making donations made...
![Non-speaking, cryptic, and mechanical Income Tax Order by quasi-judicial authorities is Invalid: ITAT rules in Favour of Lions Club [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/2082164-lions-club-taxscan.webp "Non-speaking, cryptic, and mechanical Income Tax Order by quasi-judicial authorities is Invalid: ITAT rules in Favour of Lions Club [Read Order]")
![Concessional Tax Rate u/s 115BAA denied due to Non-Filing of Form 10-IC: ITAT direct AO to Re-consider Claim Conditionally [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/2082143-form-10-1c-taxscan.webp "Concessional Tax Rate u/s 115BAA denied due to Non-Filing of Form 10-IC: ITAT direct AO to Re-consider Claim Conditionally [Read Order]")
![Relief to Thermo Fisher: ITAT allows Depreciation Claim on Supply & Maintenance Contracts Acquired via Slump Sale [Read Order]](https://images.taxscan.in/h-upload/2025/08/30/2082141-thermo-fisher.webp "Relief to Thermo Fisher: ITAT allows Depreciation Claim on Supply & Maintenance Contracts Acquired via Slump Sale [Read Order]")
![Section 56(2)(vii)(b)(ii) does Not Apply to Land Purchase Made Prior to 1st April 2014: ITAT deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081862-profit-twin-land-transactions-taxable-business-income-not-capital-income-itat-taxscan-1.webp "Section 56(2)(vii)(b)(ii) does Not Apply to Land Purchase Made Prior to 1st April 2014: ITAT deletes Addition [Read Order]")
Revenue Ignores Registry’s Defect Memo and Reminders sent by Registry: ITAT dismisses Revenue’s Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Lucknow, dismissed the Revenue’s appeal relating to penalty under Section 271D of the Income Tax Act, 1961, after noting that the Registry had issued a...
![Revenue Ignores Registry’s Defect Memo and Reminders sent by Registry: ITAT dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081839-itat-lucknow-bench-revenues-appeal-revenue-taxscan.webp "Revenue Ignores Registry’s Defect Memo and Reminders sent by Registry: ITAT dismisses Revenue’s Appeal [Read Order]")
Stock Exchange and Demat Records Prove Share Transactions: ITAT deletes Additions u/s 153A [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai examined whether additions towards disallowance of interest expenditure, capital gains, and estimated commission expenses made under Section 153A of...
![Stock Exchange and Demat Records Prove Share Transactions: ITAT deletes Additions u/s 153A [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081834-stock-exchange-demat-records-share-transactions-itat-taxscan.webp "Stock Exchange and Demat Records Prove Share Transactions: ITAT deletes Additions u/s 153A [Read Order]")
Reassessment against Struck-Off Company Void-Ab-Initio: ITAT Relies on Zauba Corp and MCA Records Confirming Strike-Off Status [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad ruled that the reassessment against struck-off company is void-ab-initio. The tribunal confirmed the strike off of the company from Zauba Corp...
![Reassessment against Struck-Off Company Void-Ab-Initio: ITAT Relies on Zauba Corp and MCA Records Confirming Strike-Off Status [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081831-reassessment-itat-taxscan.webp "Reassessment against Struck-Off Company Void-Ab-Initio: ITAT Relies on Zauba Corp and MCA Records Confirming Strike-Off Status [Read Order]")
![Section 115BBE of Income Tax Act Applies on Transactions On or After 01.04.2017 Only: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081806-income-tax-act-income-tax-income-tax-act-applies-transactions-taxscan.webp "Section 115BBE of Income Tax Act Applies on Transactions On or After 01.04.2017 Only: ITAT [Read Order]")
Can Joint Ownership of Residential House Disqualify Section 54F Claim? Case Analysis of ITAT Delhi Ruling
The Section 54F of the Income Tax Act, 1961, provides exemption from long-term capital gains ( LTCG ) if the proceeds from the sale of a long-term capital asset (other than a residential house) are...
Income Tax Notices sent to Old E-mail Address, Made Ex-parte Addition u/s 69A: ITAT Restores Matter to AO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune, has set aside an assessment order sustaining additions under Section 69A of the Income Tax Act, 1961, on account of unexplained cash deposits. The...
![Income Tax Notices sent to Old E-mail Address, Made Ex-parte Addition u/s 69A: ITAT Restores Matter to AO [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081824-income-tax-notices-e-mail-address-ex-parte-itat-ao-taxscan.webp "Income Tax Notices sent to Old E-mail Address, Made Ex-parte Addition u/s 69A: ITAT Restores Matter to AO [Read Order]")
“Own” in S.54F of Income Tax Act means Absolute Ownership: ITAT Clarifies Jointly-Owned Properties Not a Bar to Exemption [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently deliberated an appeal relating to the applicability of exemption under Section 54F of the Income Tax Act, 1961, and the...
![“Own” in S.54F of Income Tax Act means Absolute Ownership: ITAT Clarifies Jointly-Owned Properties Not a Bar to Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/08/29/2081837-income-tax-act-absolute-ownership-itat-jointly-owned-properties-bar-to-exemption-taxscan.webp "“Own” in S.54F of Income Tax Act means Absolute Ownership: ITAT Clarifies Jointly-Owned Properties Not a Bar to Exemption [Read Order]")