![Ministry of Sports Claims Locus Standi After Disbandment of Commonwealth Games Committee: Delhi HC Remands Appeals to ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091193-delhi-highcourt-taxscan.webp "Ministry of Sports Claims Locus Standi After Disbandment of Commonwealth Games Committee: Delhi HC Remands Appeals to ITAT [Read Order]")
Ministry of Sports Claims Locus Standi After Disbandment of Commonwealth Games Committee: Delhi HC Remands Appeals to ITAT [Read Order]
The High Court of Delhi, remanded appeals to the Income Tax Appellate Tribunal ( ITAT ) after the Ministry of Sports claimed locus standi following...
![AOs Estimation Approach Invalid When Books Accepted: ITAT Deletes Ad Hoc Income Tax Additions on Purchases and Expenses [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/2085900-income-tax-addition-taxscan.webp "AOs Estimation Approach Invalid When Books Accepted: ITAT Deletes Ad Hoc Income Tax Additions on Purchases and Expenses [Read Order]")
![Income Tax Assessments on Basis of Consolidated Approval u/s 153D is Void Ab Initio: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/12/2085903-itat-income-tax-assessments-income-tax-taxscan.webp "Income Tax Assessments on Basis of Consolidated Approval u/s 153D is Void Ab Initio: ITAT [Read Order]")
![Once Corporate Debtor is Sold as Going Concern, Only Claims Filed before Liquidator Survive: ITAT directs AO Re-examine Matter in Light of SC Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/2085487-corporate-debtor-liquidator-itat-ao-taxscan.webp "Once Corporate Debtor is Sold as Going Concern, Only Claims Filed before Liquidator Survive: ITAT directs AO Re-examine Matter in Light of SC Ruling [Read Order]")
![Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]](https://images.taxscan.in/h-upload/2025/08/24/2080120-working-capital-adjustment-alp-itat-schneider-electric-india-pvt-ltd-taxscan.webp "Failure to consider Benefit of working capital adjustment while computing ALP: ITAT Directs re adjudication against Schneider Electric India Pvt ltd [Read Order]")
Partial Interest Disallowance Upheld u/s 57(iii): ITAT Dismisses Revenue Appeal on Nexus of Borrowed Funds for Interest Income [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) upheld the partial disallowance of interest expenditure under Section 57(iii) of the Income Tax Act, 1961, emphasizing the rule of...
![Partial Interest Disallowance Upheld u/s 57(iii): ITAT Dismisses Revenue Appeal on Nexus of Borrowed Funds for Interest Income [Read Order]](https://images.taxscan.in/h-upload/2025/07/20/2066274-interest-disallowance-itat-revenue-appeal-nexus-borrowed-funds-interest-income-taxscan.webp "Partial Interest Disallowance Upheld u/s 57(iii): ITAT Dismisses Revenue Appeal on Nexus of Borrowed Funds for Interest Income [Read Order]")
![ITAT Rules Domain Registration and web Hosting not Royalty Income [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/2063754-itat-itat-rules-itat-rules-domain-registration-domain-registration-taxscan.webp "ITAT Rules Domain Registration and web Hosting not Royalty Income [Read Order]")
![ITAT Weekly Round-Up [ June 26th - July 5th ]](https://images.taxscan.in/h-upload/2025/07/05/2059516-itat-weekly-round-up-weekly-round-up-round-up-itat-weekly-round-up-for-june-taxscan.webp "ITAT Weekly Round-Up [ June 26th - July 5th ]")
A person cannot pursue remedy under Income Tax Act and Extraordinary remedy simultaneously: Calcutta HC [Read Order]
In a recent case, the Calcutta High Court has held that a person cannot pursue remedy under the Income Tax Act , 1961 and an extraordinary remedy simultaneously. Sri Prasanta Sarkar, the...
![A person cannot pursue remedy under Income Tax Act and Extraordinary remedy simultaneously: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/2052910-calcutta-high-court-dual-remedy-under-income-tax-act-taxscan.webp "A person cannot pursue remedy under Income Tax Act and Extraordinary remedy simultaneously: Calcutta HC [Read Order]")
Loan Not Utilised for Business Purposes: ITAT upholds PCIT's Decision Directing AO to Verify Exemption u/s 14A [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the order of the Principal Commissioner of Income Tax (PCIT) and confirmed that the deduction claimed for interest paid on a...
![Loan Not Utilised for Business Purposes: ITAT upholds PCITs Decision Directing AO to Verify Exemption u/s 14A [Read Order]](https://images.taxscan.in/h-upload/2025/06/18/2050053-itat-kolkata-income-tax-act-tax-news-increases-in-short-term-loans-taxscan.webp "Loan Not Utilised for Business Purposes: ITAT upholds PCITs Decision Directing AO to Verify Exemption u/s 14A [Read Order]")
No Justification for Withholding Income Tax Refund: Madras HC Directs Rs. 92 Lakh Payout with Interest to Taxpayer [Read Order]
The Madras High Court has directed the Deputy Commissioner of Income Tax to consider and dispose of a representation submitted by the petitioner for a pending tax refund of Rs. 92 lakh along with...
![No Justification for Withholding Income Tax Refund: Madras HC Directs Rs. 92 Lakh Payout with Interest to Taxpayer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/income-tax-refund-site-img.jpg "No Justification for Withholding Income Tax Refund: Madras HC Directs Rs. 92 Lakh Payout with Interest to Taxpayer [Read Order]")