![Special Allowances - Exemptions and Taxability Under Income Tax Act [Old vs New Tax Act Series]](https://images.taxscan.in/h-upload/2025/12/27/500x300_2115348-income-tax-act-2025.webp "Special Allowances - Exemptions and Taxability Under Income Tax Act [Old vs New Tax Act Series]")
Special Allowances - Exemptions and Taxability Under Income Tax Act [Old vs New Tax Act Series]
Special allowances constitute a large portion of your salary package and understanding how to maximize these allowances for tax purposes, as well as...
![Consolidating the ‘Opportunity of Being Heard’ in Penalty Proceedings u/s 471 of Income Tax Act, 2025 [Old vs New Tax Act Series- Article 2]](https://images.taxscan.in/h-upload/2025/12/18/250x150_2113016-consolidating-income-tax-act-2025-old-new-tax-act-series-taxscan.webp "Consolidating the ‘Opportunity of Being Heard’ in Penalty Proceedings u/s 471 of Income Tax Act, 2025 [Old vs New Tax Act Series- Article 2]")
![Capital Gains for Home Buyers: Section 54F vs. Section 86 Explained [Old vs New Tax Act Series- Article 1]](https://images.taxscan.in/h-upload/2025/12/17/250x150_2112708-capital-gains-home-buyers-section-54f-vs-section-86-explained-old-vs-new-tax-act-series-article-1.webp "Capital Gains for Home Buyers: Section 54F vs. Section 86 Explained [Old vs New Tax Act Series- Article 1]")
![ITAT dismisses firms appeal, upholds tax on undisclosed income from cash and stock discovered in survey [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/250x150_2100202-itat-taxscan.webp "ITAT dismisses firms appeal, upholds tax on undisclosed income from cash and stock discovered in survey [Read Order]")
![ITAT Sides with Diamond Trader, Says Survey Stock Query Was Fully Probed by AO [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/250x150_2100215-diamond-trader-taxscan.webp "ITAT Sides with Diamond Trader, Says Survey Stock Query Was Fully Probed by AO [Read Order]")
“Artificial intelligence driven”: Karnataka HC refuses to Step in as ITAT President already reassigned Matter [Read Order]
The High Court of Karnataka at Bengaluru recently disposed of a writ petition filed by Buckeye Trust challenging the proceedings before the Income Tax Appellate Tribunal (ITAT), after the ITAT...
![“Artificial intelligence driven”: Karnataka HC refuses to Step in as ITAT President already reassigned Matter [Read Order]](https://images.taxscan.in/h-upload/2025/10/27/500x300_2100141-artificial-intelligence-driven-taxscan.webp "“Artificial intelligence driven”: Karnataka HC refuses to Step in as ITAT President already reassigned Matter [Read Order]")
Auto Parts Maker’s Dies and Maintenance Expenses are Revenue in Nature: ITAT dismisses Revenue’s Appeal [Read Order]
The bench of the Income Tax Appellate Tribunal, Delhi, upheld the Commissioner ofIncome Tax (Appeals)’s [CIT(A)] decision that such expenses, incurred for model development and productivity...
![Auto Parts Maker’s Dies and Maintenance Expenses are Revenue in Nature: ITAT dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099649-auto-parts-maintenance-expenses-revenue-itat-taxscan.webp "Auto Parts Maker’s Dies and Maintenance Expenses are Revenue in Nature: ITAT dismisses Revenue’s Appeal [Read Order]")
Non-Payment of Self-Assessment Tax u/s 140A Renders Appeal Not Maintainable: ITAT Sets Aside CIT(A)'s Order [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) quashed the order passed by the CIT(A), holding that the appeal filed by the assessee was not maintainable under the provisions of the...
![Non-Payment of Self-Assessment Tax u/s 140A Renders Appeal Not Maintainable: ITAT Sets Aside CIT(A)s Order [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099545-self-assessment-tax-taxscan.webp "Non-Payment of Self-Assessment Tax u/s 140A Renders Appeal Not Maintainable: ITAT Sets Aside CIT(A)s Order [Read Order]")
![Penalty u/s 221(1) Valid for Non-Payment of Admitted Tax Liability: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/24/500x300_2099555-tax-liability-taxscan.webp "Penalty u/s 221(1) Valid for Non-Payment of Admitted Tax Liability: ITAT [Read Order]")
Payments for Bandwidth Services Not Royalty under India–UAE DTAA: ITAT Mumbai Deletes ₹1.55 Crore Addition [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that payments received by UAE-based iSAT Africa Ltd. for providing VSAT bandwidth and network connectivity to BT Global Communications...
![Payments for Bandwidth Services Not Royalty under India–UAE DTAA: ITAT Mumbai Deletes ₹1.55 Crore Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099046-india-uae-dtaa-taxscan.webp "Payments for Bandwidth Services Not Royalty under India–UAE DTAA: ITAT Mumbai Deletes ₹1.55 Crore Addition [Read Order]")
Deemed Dividend u/s 2(22)(e) Not Attractable Where Borrower is Not Shareholder: ITAT Deletes Rs. 49.56 Lakh Addition [Read Order]
The Indore bench of Income Tax Appellate Tribunal (ITAT) held that the addition of Rs. 49,56,118/- made by the AO as deemed dividend under section 2(22)(e) was unsustainable, as the assessee-company...
![Deemed Dividend u/s 2(22)(e) Not Attractable Where Borrower is Not Shareholder: ITAT Deletes Rs. 49.56 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099059-deemed-dividend-taxscan.webp "Deemed Dividend u/s 2(22)(e) Not Attractable Where Borrower is Not Shareholder: ITAT Deletes Rs. 49.56 Lakh Addition [Read Order]")