New Income Tax Act 2025
![Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114627-understanding-shift-surcharge-rebate-marginal-relief-provisions-under-new-income-tax-old-vs-new-income-tax-act-series-.webp "Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]")
Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]
It condenses 47 chapters and 819 sections into 23 chapters and 536 sections, respectively. Through increased openness, decreased litigation, and...
![Search and Seizure Proceedings, Powers, and Procedural Safeguards in New Income Tax Act [Old vs New Income Tax Series - Article 3]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113496-new-income-tax-act-old-vs-new-taxscan.webp "Search and Seizure Proceedings, Powers, and Procedural Safeguards in New Income Tax Act [Old vs New Income Tax Series - Article 3]")
![No Income Tax Notices received due to Inactive Email & Covid issues, Order Passed Ex parte: ITAT remands 6 Appeals for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/09/25/250x150_2090774-fresh-adjudication-taxscan.webp "No Income Tax Notices received due to Inactive Email & Covid issues, Order Passed Ex parte: ITAT remands 6 Appeals for Fresh Adjudication [Read Order]")
![ITAT Allows Joy Alukkas’s Income Tax Deduction of ₹1.39 Cr Interest on Loans for Renovation of Leasehold Premises u/s 36(1)(iii) [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/250x150_2090385-income-tax-deduction-taxscan.webp "ITAT Allows Joy Alukkas’s Income Tax Deduction of ₹1.39 Cr Interest on Loans for Renovation of Leasehold Premises u/s 36(1)(iii) [Read Order]")
![Directors’ Commission of Rs.11.36 Lakh Wrongly Reported as Profits/Dividends: ITAT Remands Issue to AO for Fresh Examination [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/250x150_2090046-commission-itat-ao-taxscan.webp "Directors’ Commission of Rs.11.36 Lakh Wrongly Reported as Profits/Dividends: ITAT Remands Issue to AO for Fresh Examination [Read Order]")
Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the Commissioner of Income Tax (Appeals)[CIT(A)] order in a case where a property investment of Rs. 1.10 crore was treated as ...
![Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090093-property-investment-itat-taxscan.webp "Rs. 1.10 Crore Property Investment Treated as Unexplained Due to Unverified Sources: ITAT Sets Aside CIT(A) Order [Read Order]")
Assessee’s Failure to Substantiate Details: ITAT deletes Share Application Money Addition on 4 Identifiable Investors, Retains Addition on 9 others [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ranchi, held that additions made on account of unexplained share application money could not be sustained in respect of identified investors where...
![Assessee’s Failure to Substantiate Details: ITAT deletes Share Application Money Addition on 4 Identifiable Investors, Retains Addition on 9 others [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2090117-itat-ranchi-share-application-money-taxscan.webp "Assessee’s Failure to Substantiate Details: ITAT deletes Share Application Money Addition on 4 Identifiable Investors, Retains Addition on 9 others [Read Order]")
Delhi HC sets aside Compounding Order passed u/s 279(2) of Income Tax Act Charging 5% as Earlier offence was not Compounded [Read Order]
The Delhi High Court in its recent case set aside the compounding order passed under section 279(2) of the Income tax 5%, as the earlier offense was not compounded. It was viewed that since the...
![Delhi HC sets aside Compounding Order passed u/s 279(2) of Income Tax Act Charging 5% as Earlier offence was not Compounded [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/500x300_2089945-2062757-income-tax-act-1-1.webp "Delhi HC sets aside Compounding Order passed u/s 279(2) of Income Tax Act Charging 5% as Earlier offence was not Compounded [Read Order]")
![12 days delay in filing ITR: Delhi HC Quashes order passed in Mechanical Manner [Read Order]](https://images.taxscan.in/h-upload/2025/09/22/500x300_2089490-itr-filing-taxscan.webp "12 days delay in filing ITR: Delhi HC Quashes order passed in Mechanical Manner [Read Order]")
![Delayed filing of ITR due to mistake by Accountant: Delhi HC sets aside Income tax order [Read Order]](https://images.taxscan.in/h-upload/2025/09/22/500x300_2089483-itr-filing-delayed-taxscan.webp "Delayed filing of ITR due to mistake by Accountant: Delhi HC sets aside Income tax order [Read Order]")
Delhi HC upholds ITAT order allowing Exemption Claim made by Charitable Trust u/s 10(23C)(iv) of Income Tax Act, Considering Previous year Position [Read Order]
The Delhi High Court in a recent case, upheld the Income Tax Appellate Tribunal, Delhi (“ITAT”), order, which allowed the exemption claim under section 10(23C)(iv) of the Income Tax Act , 1961,...
![Delhi HC upholds ITAT order allowing Exemption Claim made by Charitable Trust u/s 10(23C)(iv) of Income Tax Act, Considering Previous year Position [Read Order]](https://images.taxscan.in/h-upload/2025/09/22/500x300_2089477-charitable-trust-taxscan.webp "Delhi HC upholds ITAT order allowing Exemption Claim made by Charitable Trust u/s 10(23C)(iv) of Income Tax Act, Considering Previous year Position [Read Order]")
HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Pune Bench, held that an assessee is entitled to claim only 50% deduction of House Rent Allowance (HRA) where the rent agreement stands...
![HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]](https://images.taxscan.in/h-upload/2025/09/19/500x300_2088550-hra-rent-taxscan.webp "HRA Claim Restricted to 50% as Rent Agreement in Joint Name with Brother, rules ITAT Despite Assessee Bearing Entire Rent [Read Order]")