![Relief for Aditya Birla: ITAT Rules Disallowance u/s 40(a) Cannot Be Retaxed if Provision Reversed in Subsequent Year [Read Order]](https://images.taxscan.in/h-upload/2025/07/11/500x300_2062770-ca-chartered-accountant-ca-job-vacancy-mba-vacancy-jobscan-taxscan.webp "Relief for Aditya Birla: ITAT Rules Disallowance u/s 40(a) Cannot Be Retaxed if Provision Reversed in Subsequent Year [Read Order]")
Relief for Aditya Birla: ITAT Rules Disallowance u/s 40(a) Cannot Be Retaxed if Provision Reversed in Subsequent Year [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) ruled that disallowance under Section 40(a) for earlier years cannot be added back ...
![Major Win for Assessees: ITAT Confirms Deductibility of CSR Donations u/s 80G of Income Tax Act [Read Order]](https://images.taxscan.in/h-upload/2025/07/08/250x150_2061162-csr-donations.webp "Major Win for Assessees: ITAT Confirms Deductibility of CSR Donations u/s 80G of Income Tax Act [Read Order]")
![Deduction on CSR Donations u/s 80G: ITAT Quashes Revision as AO Verifies Donations to Eligible Institutions [Read Order]](https://images.taxscan.in/h-upload/2025/07/07/250x150_2060479-deduction-on-csr-donations-deduction-csr-donations-section-80g-csr-donations-taxscan.webp "Deduction on CSR Donations u/s 80G: ITAT Quashes Revision as AO Verifies Donations to Eligible Institutions [Read Order]")
![Prior Cash Withdrawals For Medical Treatment: ITAT Deletes ₹29.24 Lakh Cash Deposit Addition [Read Order]](https://images.taxscan.in/h-upload/2025/07/06/250x150_2059960-prior-cash-withdrawals-prior-cash-withdrawals-for-medical-treatment-cash-withdrawals-taxscan.webp "Prior Cash Withdrawals For Medical Treatment: ITAT Deletes ₹29.24 Lakh Cash Deposit Addition [Read Order]")
![ITAT WEEKLY ROUND-UP [ June 21st - 27th ]](https://images.taxscan.in/h-upload/2025/07/03/250x150_2058414-itat-weekly-round-up-june-21st-27th-.webp "ITAT WEEKLY ROUND-UP [ June 21st - 27th ]")
NRI’s Property Investment Explained with Bank Statements and Agreements: ITAT Quashes Addition Due to Jurisdictional Error
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has set aside an assessment order adding Rs. 69.99 lakh as unexplained investment under Section 69 of the Income Tax Act, 1961 as the...
Source of Fund of Joint Purchase of Property by Mother and Son Sufficiently Explained: ITAT Deletes ₹1.36 Cr Addition [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted an addition of Rs. 1.36 crore made by the Assessing Officer ( AO ) as unexplained investment under Section 69 of the Income Tax...
![Source of Fund of Joint Purchase of Property by Mother and Son Sufficiently Explained: ITAT Deletes ₹1.36 Cr Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056965-joint-purchase-of-property.webp "Source of Fund of Joint Purchase of Property by Mother and Son Sufficiently Explained: ITAT Deletes ₹1.36 Cr Addition [Read Order]")
CSR Contributions Eligible For Deduction as Donations If Conditions Satisfied u/s 80G: ITAT Accepts 50% of Total Donation [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that Corporate Social Responsibility (CSR) contributions can qualify for deductions under Section 80G of the Income Tax Act, 1961 if...
![CSR Contributions Eligible For Deduction as Donations If Conditions Satisfied u/s 80G: ITAT Accepts 50% of Total Donation [Read Order]](https://images.taxscan.in/h-upload/2025/06/30/500x300_2056884-csr-itat-csr-deduction-taxscan.webp "CSR Contributions Eligible For Deduction as Donations If Conditions Satisfied u/s 80G: ITAT Accepts 50% of Total Donation [Read Order]")
MoU and Bank Records Support Loan Deal and Repayment: ITAT Flags Gaps in AO’s Unexplained Income Investigation [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has set aside the assessment order passed by the Assessing Officer (AO), which made additions totaling Rs. 2,23,53,793 under Section 68,...
![MoU and Bank Records Support Loan Deal and Repayment: ITAT Flags Gaps in AO’s Unexplained Income Investigation [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055280-itat-itat-kolkata-income-tax-unexplained-income-case-income-tax-appellate-tribunal-taxscan-1.webp "MoU and Bank Records Support Loan Deal and Repayment: ITAT Flags Gaps in AO’s Unexplained Income Investigation [Read Order]")
ITAT quashes ₹1.26Cr Addition: No Need to Prove ‘Source of Source’ for Pre-2013 Loans [Read Order]
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench has set aside an addition of ₹1.26 crore made under Section 68 of the Income Tax Act against the appellant holding that for assessment years...
![ITAT quashes ₹1.26Cr Addition: No Need to Prove ‘Source of Source’ for Pre-2013 Loans [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/500x300_2054642-loan-itat-taxscan.webp "ITAT quashes ₹1.26Cr Addition: No Need to Prove ‘Source of Source’ for Pre-2013 Loans [Read Order]")
ITAT permits Inclusion of Five Comparable Companies for Transfer Pricing, quashes Rs. 2.39 Cr Adjustment [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the inclusion of five additional companies as comparables for transfer pricing benchmarking and quashing a transfer pricing...
![ITAT permits Inclusion of Five Comparable Companies for Transfer Pricing, quashes Rs. 2.39 Cr Adjustment [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054339-itat-mumbai-companies-transfer-pricing-quashes-tax-assessment-taxscan.webp "ITAT permits Inclusion of Five Comparable Companies for Transfer Pricing, quashes Rs. 2.39 Cr Adjustment [Read Order]")
Hiring of Charter Plane cannot be Treated as a Payment made for Professional or Technical Services: ITAT remands matter [Read Order]
In a recent case, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that hiring a charter plane cannot be treated as a payment made for professional or technical services ...
![Hiring of Charter Plane cannot be Treated as a Payment made for Professional or Technical Services: ITAT remands matter [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054144-whatsapp-image-2025-06-25-at-101439-am.webp "Hiring of Charter Plane cannot be Treated as a Payment made for Professional or Technical Services: ITAT remands matter [Read Order]")