![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]")
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...
![ITAT quashes PCIT Directions on TDS under Section 194J and Closing Stock Valuation [Read Order]](https://images.taxscan.in/h-upload/2025/06/26/250x150_2054702-closing-stock-valuation-tds-pcit-directions-taxscan.webp "ITAT quashes PCIT Directions on TDS under Section 194J and Closing Stock Valuation [Read Order]")
![Explanation to Income Tax S. 12AB(4) on Specified Violations Introduced in Finance Act, 2022 Applies Prospectively Only: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/250x150_2049849-itat-delhi-income-tax-s-12ab4-specified-violations-finance-act-taxscan.webp "Explanation to Income Tax S. 12AB(4) on Specified Violations Introduced in Finance Act, 2022 Applies Prospectively Only: ITAT [Read Order]")
![ITAT Favors Micromax in ₹16 Cr FD Interest and Section 14A Dispute; Quashes Revision Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/12/250x150_2043240-itat-revision-order-fd-interest-taxscan.webp "ITAT Favors Micromax in ₹16 Cr FD Interest and Section 14A Dispute; Quashes Revision Order [Read Order]")
![Explanation 2 to S. 263 Doesn’t Give Unfettered Revision Powers: ITAT Quashes PCIT’s Order [Read Order]](https://images.taxscan.in/h-upload/2025/06/05/250x150_2041338-itat-itat-jaipur-2-to-s-263-itat-taxscan.webp "Explanation 2 to S. 263 Doesn’t Give Unfettered Revision Powers: ITAT Quashes PCIT’s Order [Read Order]")
Bombay HC sets aside Income Tax Reassessment Order in Citing Violation of mandatory unamended provisions under Section 144B [Read Order]
In a ruling, the Bombay High Court sets aside Income Tax Reassessment Order in violation of mandatory unamended provisions under Section 144B, read with the first proviso to Section 147 of the...
![Bombay HC sets aside Income Tax Reassessment Order in Citing Violation of mandatory unamended provisions under Section 144B [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Tax-Reassessment-Order.jpg "Bombay HC sets aside Income Tax Reassessment Order in Citing Violation of mandatory unamended provisions under Section 144B [Read Order]")
AO Fails to Properly Examine Rs. 1.27 Cr Co-operative Society Deposits: ITAT upholds PCIT's Revision Order [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) upheld the revisionary order passed by the Principal Commissioner of Income Tax (PCIT) due to the lack of enquiry by the Assessing...
![AO Fails to Properly Examine Rs. 1.27 Cr Co-operative Society Deposits: ITAT upholds PCITs Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/PCITs-Revision-Order.jpg "AO Fails to Properly Examine Rs. 1.27 Cr Co-operative Society Deposits: ITAT upholds PCITs Revision Order [Read Order]")
PCIT Revision Order: ITAT Rules Assessment Order not erroneous, Rules Unexplained Money matter Properly Verified [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) quashed the revisionary order passed by the Principal Commissioner of Income Tax (PCIT), ruling that the assessment order was not...
![PCIT Revision Order: ITAT Rules Assessment Order not erroneous, Rules Unexplained Money matter Properly Verified [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Unexplained-money.jpg "PCIT Revision Order: ITAT Rules Assessment Order not erroneous, Rules Unexplained Money matter Properly Verified [Read Order]")
₹22.09 Lakh Cash Deposit Inquiry: ITAT Quashes PCIT’s Revision Order, Finds AO’s Verification Sufficient [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal(ITAT) quashed the Principal Commissioner of Income Tax(PCIT)’s revision order, ruling that the Assessing Officer(AO) conducted sufficient inquiry...
![₹22.09 Lakh Cash Deposit Inquiry: ITAT Quashes PCIT’s Revision Order, Finds AO’s Verification Sufficient [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/cash-desposit.jpg "₹22.09 Lakh Cash Deposit Inquiry: ITAT Quashes PCIT’s Revision Order, Finds AO’s Verification Sufficient [Read Order]")
AO Must Allow Interest Deduction for Cooperative Societies If Expenses Are Proven to Be Linked to Activities u/s 80P(2): ITAT [Read Order]
The Surat Bench of the Income Tax Appellate Tribunal (ITAT) held that the Assessing Officer (AO) must allow interest expenditure as a deduction for cooperative societies if the expenses were directly...
![AO Must Allow Interest Deduction for Cooperative Societies If Expenses Are Proven to Be Linked to Activities u/s 80P(2): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-surat.jpg "AO Must Allow Interest Deduction for Cooperative Societies If Expenses Are Proven to Be Linked to Activities u/s 80P(2): ITAT [Read Order]")
ITAT Rules Federal Bank's Appeal Not Maintainable Following High Court's Order to Reassess [Read Order]
The Income Tax Appellate Tribunal (ITAT) Cochin Bench has dismissed the appeal filed by Federal Bank, a well-known private sector bank in India, after the Kerala High Court set aside the assessment...
![ITAT Rules Federal Banks Appeal Not Maintainable Following High Courts Order to Reassess [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/federal-bank.jpg "ITAT Rules Federal Banks Appeal Not Maintainable Following High Courts Order to Reassess [Read Order]")
No Addition to be Made u/s 14A r.w.r. 8D, Income Tax when No Exempt Income Earned by Assessee: ITAT [Read Order]
In a recent decision, the Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam Bench, has ruled that no addition can be made under Section 14A read with Rule 8D when an assessee has not earned any...
![No Addition to be Made u/s 14A r.w.r. 8D, Income Tax when No Exempt Income Earned by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Income-Tax-Income-tax-exemption-taxscan.jpg "No Addition to be Made u/s 14A r.w.r. 8D, Income Tax when No Exempt Income Earned by Assessee: ITAT [Read Order]")