Income Tax Act
Loan Treated as Deemed Dividend u/s 2(22)(e): ITAT Sets Aside CIT(A) Order
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) set aside the order passed by the Commissioner of Income Tax (Appeals)[CIT(A)], where a...
![ITAT Restores 80G Approval Matter to CIT(E), Citing Procedural Lapses in Rejection Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/itat-itat-roundup-weeklyrounup-taxscan-2.jpg "ITAT Restores 80G Approval Matter to CIT(E), Citing Procedural Lapses in Rejection Order [Read Order]")
![Delhi HC Upheld Acquittal Order of Offence u/s 276B of Income Tax Act on Finding Committed Bonafide Mistake, Dismisses Income Tax Officers Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Income-Tax-Act.jpg "Delhi HC Upheld Acquittal Order of Offence u/s 276B of Income Tax Act on Finding Committed Bonafide Mistake, Dismisses Income Tax Officers Appeal [Read Order]")
![Calcutta HCÂ upholds ITAT Order Confirming Deletion of Addition made on Unexplained Cash Deposits during Demonetization Period [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Unexplained-cash-deposit-Demonetization-Unexplained-income-during-demonetization-taxscan.jpg "Calcutta HCÂ upholds ITAT Order Confirming Deletion of Addition made on Unexplained Cash Deposits during Demonetization Period [Read Order]")
![ITAT Sets Aside S.263 Order Disallowing Goodwill Depreciation for AY 2016-17, Ruling IND AS 103 Not Applicable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Income-Tax-Department-Old-Assessments-Amendment-Banning-Goodwill-Depreciation-Gujarat-HC-taxscan.jpg "ITAT Sets Aside S.263 Order Disallowing Goodwill Depreciation for AY 2016-17, Ruling IND AS 103 Not Applicable [Read Order]")
No Requirement to Explain Source of Unsecured Loan in Books of Account Prior To April 1, 2023 u/s 68: Delhi HC [Read Order]
The Delhi High Court has clarified that the requirement to prove the "source of the source" under Section 68 of the Income Tax Act, 1961, in respect of unsecured loans, is prospective and applicable...
CBDT Includes Sikkim u/s 80-IE Income Tax Deduction Benefits for North-Eastern States [Read Notification]
The Central Board of Direct Taxes (CBDT) under the Ministry of Finance issued Notification No. G.S.R. 352(E) dated 29 May 2025, officially expanding the scope of Section 80-IE of the Income Tax Act...
![CBDT Includes Sikkim u/s 80-IE Income Tax Deduction Benefits for North-Eastern States [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/CBDT-Mutual-Funds-Self-Reporting-Organizations-SROs-TAXSCAN.jpg "CBDT Includes Sikkim u/s 80-IE Income Tax Deduction Benefits for North-Eastern States [Read Notification]")
ICSI To Host Free Capacity Building Programme on Direct Tax for Members & Students: Registration Starts Soon!
The Institute of Company Secretaries of India (ICSI) has announced the launch of its ‘Capacity Building Programme on Direct Tax’, as a means for its members and company secretary (CS) students to...
