![S.153D Approval Granted Without Application of Mind Voids Income Tax Assessment: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/500x300_2085895-2079021-itat-delhi-income-tax-assessment-taxscan.webp "S.153D Approval Granted Without Application of Mind Voids Income Tax Assessment: ITAT [Read Order]")
S.153D Approval Granted Without Application of Mind Voids Income Tax Assessment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench held that an assessment framed under Section 144 of the Income Tax Act, 1961, was invalid as...
![Disclosure of Additional Income in S. 153C Proceedings Does Not Automatically Prove Guilty of Concealment of Income: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/250x150_2085758-concealment-income-taxscan.webp "Disclosure of Additional Income in S. 153C Proceedings Does Not Automatically Prove Guilty of Concealment of Income: ITAT [Read Order]")
![S. 54F Exemption cannot Be Denied for Non-Deposit in Capital Gain Account if Entire Sale Consideration already Invested in Plot: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/250x150_2085751-capital-gain-exemption-taxscan.webp "S. 54F Exemption cannot Be Denied for Non-Deposit in Capital Gain Account if Entire Sale Consideration already Invested in Plot: ITAT [Read Order]")
![Application of S. 115BBE without Linking to Proper Charging Provision u/s 68-69D is Not Valid: ITAT deletes Rs. 1cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/250x150_2085746-income-tax-addition-taxscan.webp "Application of S. 115BBE without Linking to Proper Charging Provision u/s 68-69D is Not Valid: ITAT deletes Rs. 1cr Addition [Read Order]")
![Income Tax Penalty cannot be levied on Addition based on Estimation: “Unsustainable”, says ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/250x150_2085741-income-tax-penalty-taxscan.webp "Income Tax Penalty cannot be levied on Addition based on Estimation: “Unsustainable”, says ITAT [Read Order]")
STCG Claim on Shares Genuine as Purchase through Recognised Stock Exchange, Banking Channel, and Demat Proof Confirm Authenticity: ITAT deletes Addition [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal ( ITAT ) has upheld the genuineness of short-term capital gain (STCG) claimed by an assessee on the sale of shares, holding that when the...
![STCG Claim on Shares Genuine as Purchase through Recognised Stock Exchange, Banking Channel, and Demat Proof Confirm Authenticity: ITAT deletes Addition [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085441-stcg-itat-taxscan.webp "STCG Claim on Shares Genuine as Purchase through Recognised Stock Exchange, Banking Channel, and Demat Proof Confirm Authenticity: ITAT deletes Addition [Read Order]")
No Prejudice to Revenue as TDS Paid with Interest and Quarterly Returns Filed before 4th Quarter: ITAT finds Medical Grounds genuine, Waives Late Fee [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has waived late fees levied under Section 234E of the Income Tax Act, 1961, for delayed filing of quarterly TDS ( Tax Deducted at...
![No Prejudice to Revenue as TDS Paid with Interest and Quarterly Returns Filed before 4th Quarter: ITAT finds Medical Grounds genuine, Waives Late Fee [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/500x300_2085433-tds-itat-taxscan.webp "No Prejudice to Revenue as TDS Paid with Interest and Quarterly Returns Filed before 4th Quarter: ITAT finds Medical Grounds genuine, Waives Late Fee [Read Order]")
Relief for Nippon India: ITAT Rules S.14A read with rule 8D Disallowance Applies Only to Investments Yielding Exempt Income [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) granted relief to Nippon Life India Asset Management Limited by holding that disallowance under Section 14A read with Rule 8D of Income Tax...
![Relief for Nippon India: ITAT Rules S.14A read with rule 8D Disallowance Applies Only to Investments Yielding Exempt Income [Read Order]](https://images.taxscan.in/h-upload/2025/09/10/500x300_2085204-nippon-india-taxscan.webp "Relief for Nippon India: ITAT Rules S.14A read with rule 8D Disallowance Applies Only to Investments Yielding Exempt Income [Read Order]")
![Minor Daughter’s Share Deposited as per Court’s Order cannot be Clubbed with Father’s Income : ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/10/500x300_2085187-minor-daughters-income-taxscan.webp "Minor Daughter’s Share Deposited as per Court’s Order cannot be Clubbed with Father’s Income : ITAT [Read Order]")
Income Tax Refund of Educational Institution: SC Modifies P&H HC Order by Reducing Appeal Disposal Time from 1 year to 2 months [Read Order]
The Supreme Court has directed the expeditious disposal of its income tax appeal concerning a large income tax refund claim of the Dalhousie Public School Educational Society. The apex court...
![Income Tax Refund of Educational Institution: SC Modifies P&H HC Order by Reducing Appeal Disposal Time from 1 year to 2 months [Read Order]](https://images.taxscan.in/h-upload/2025/09/10/500x300_2085103-educational-institutions-taxscan.webp "Income Tax Refund of Educational Institution: SC Modifies P&H HC Order by Reducing Appeal Disposal Time from 1 year to 2 months [Read Order]")
AO rejects books of account u/s 145(3) of the Income Tax Act in absence of documents: ITAT directs CIT(A) decide afresh [Read Order]
In a recent case, the Kolkata bench of the Income Tax Appellate Tribunal (ITAT) directed the Commissioner of Income Tax Appeal (CIT(A)) to decide afresh on the issue of rejection of books of...
![AO rejects books of account u/s 145(3) of the Income Tax Act in absence of documents: ITAT directs CIT(A) decide afresh [Read Order]](https://images.taxscan.in/h-upload/2025/09/09/500x300_2084987-rejection-books-of-account-rejection-of-books-of-account-rejection-of-books-of-account-by-ao-ao-cita-itat-taxscan.webp "AO rejects books of account u/s 145(3) of the Income Tax Act in absence of documents: ITAT directs CIT(A) decide afresh [Read Order]")
Cash Withdrawal from NRE A/c of Son-in Law deposited during Demonetization Period Sufficiently Explained: ITAT deletes Addition of Rs. 12L [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) has provided major relief to an individual taxpayer by holding that cash deposits made during the demonetization period, sourced from ...
![Cash Withdrawal from NRE A/c of Son-in Law deposited during Demonetization Period Sufficiently Explained: ITAT deletes Addition of Rs. 12L [Read Order]](https://images.taxscan.in/h-upload/2025/09/09/500x300_2084812-2064969-itat-itat-cash-deposits-during-demonetization-taxscan-1.webp "Cash Withdrawal from NRE A/c of Son-in Law deposited during Demonetization Period Sufficiently Explained: ITAT deletes Addition of Rs. 12L [Read Order]")