![Relief u/s 89(1) on Salary Arrears Already Rectified: ITAT Deletes Addition, Holds CIT(A)’s Observation on Interest Income Infructuous [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099042-interest-income-taxscan.webp "Relief u/s 89(1) on Salary Arrears Already Rectified: ITAT Deletes Addition, Holds CIT(A)’s Observation on Interest Income Infructuous [Read Order]")
Relief u/s 89(1) on Salary Arrears Already Rectified: ITAT Deletes Addition, Holds CIT(A)’s Observation on Interest Income Infructuous [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) deleted the addition since the relief under Section 89 (1) had already been granted via the...
![MEIS Subsidy Classification a Debatable Issue, Cannot be Rectified u/s 154: ITAT Upholds Deletion of ₹1.84 Crore Taxable Income [Read Order]](https://images.taxscan.in/h-upload/2025/09/17/250x150_2088066-itat-upholds-meis-subsidy-taxable-income-taxscan.webp "MEIS Subsidy Classification a Debatable Issue, Cannot be Rectified u/s 154: ITAT Upholds Deletion of ₹1.84 Crore Taxable Income [Read Order]")
![Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XIX]](https://images.taxscan.in/h-upload/2025/07/22/250x150_2067538-half-yearly-tax-digest-2025-half-yearly-tax-digest-taxscan.webp "Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part XIX]")
![Calcutta HC Quashes Order u/s 154 of Income Tax Act Passed Against Deceased, Allows Appeal Filed by Daughter-in-law of Deceased [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/250x150_2053533-income-tax-1.webp "Calcutta HC Quashes Order u/s 154 of Income Tax Act Passed Against Deceased, Allows Appeal Filed by Daughter-in-law of Deceased [Read Order]")
![[TAXSCAN 360] Income Tax Rectification: Time Limits and Grounds for Seeking Rectification u/s 154](https://images.taxscan.in/h-upload/2025/06/23/250x150_2053181-taxscan-360-income-tax-rectification-income-tax-rectification-income-tax-taxscan.webp "[TAXSCAN 360] Income Tax Rectification: Time Limits and Grounds for Seeking Rectification u/s 154")
ITAT Condones 2202-Day Delay in Appeal Filing, due to Bona Fide Belief in Rectification u/s 154 [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) condoned a 2202-day delay in filing the appeal, as there was a bona fide belief on the part of the assessee that the disallowance made...
![ITAT Condones 2202-Day Delay in Appeal Filing, due to Bona Fide Belief in Rectification u/s 154 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/itat-itat-mumbai-Delay-in-Appeal-Filing-Filing-Appeal-taxscan.jpg "ITAT Condones 2202-Day Delay in Appeal Filing, due to Bona Fide Belief in Rectification u/s 154 [Read Order]")
Eligibility for Deduction u/s 80P(2)(d) on Interest Earned from Co-operative Banks: ITAT Grants Deduction [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT)ruled in favor of the assessee, granting the deduction under Section 80P(2)(d) of Income Tax Act,1961 for interest earned from a cooperative...
![Eligibility for Deduction u/s 80P(2)(d) on Interest Earned from Co-operative Banks: ITAT Grants Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Co-operative-Banks.jpg "Eligibility for Deduction u/s 80P(2)(d) on Interest Earned from Co-operative Banks: ITAT Grants Deduction [Read Order]")
 ITAT Excludes Inter-Branch Transfers from Turnover, Grants Concessional Tax Rate to Power and Instrumentation Ltd. [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) excluded inter-branch transfers from turnover grants concessional tax rate to Power and Instrumentation Ltd. The main issue in...
![Â ITAT Excludes Inter-Branch Transfers from Turnover, Grants Concessional Tax Rate to Power and Instrumentation Ltd. [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Ahmedabad-Income-Tax-News-Inter-Branch-Transfers-Taxscan.jpg "Â ITAT Excludes Inter-Branch Transfers from Turnover, Grants Concessional Tax Rate to Power and Instrumentation Ltd. [Read Order]")
Framing of Transfer Pricing Order against Non-Existent Entity not a Curable Defect: Delhi HC [Read Order]
In a significant ruling, the Delhi High Court on January 17, 2025, dismissed an appeal by the Principal Commissioner of Income Tax against Vedanta Limited, holding that framing a transfer pricing...
PACS Development Fund Contributions not Business Expense: ITAT upholds Disallownace Citing Binding Rajasthan High Court Precedent [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal ( ITAT ) disallowed the contributions to the PACS development fund to be deducted from tax under Section 154 of the Income Tax Act. The assessee...
![PACS Development Fund Contributions not Business Expense: ITAT upholds Disallownace Citing Binding Rajasthan High Court Precedent [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Jaipur-PACS-Development-Fund-PACS-Development-Business-Expense-Rajasthan-High-Court-Precedent-taxscan.jpg "PACS Development Fund Contributions not Business Expense: ITAT upholds Disallownace Citing Binding Rajasthan High Court Precedent [Read Order]")
Income Tax Portal Update: Rectification Application u/s 154 directly with AO Online Live on Portal
The Income Tax Department has updated its portal, enabling taxpayers to file rectification applications of Assessment Order issued by AO under Section 154 of the Income Tax Act, 1961, directly with...
ITAT sets aside Re-Assessment Order, due to Lack of Opportunity of being Heard and Errors in Employer-Employee Contributions [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Delhi Bench, has directed the Assessing Officer (AO) and the Centralized Processing Centre ( CPC ), Bangalore, to re-examine a case due to lack of...
![ITAT sets aside Re-Assessment Order, due to Lack of Opportunity of being Heard and Errors in Employer-Employee Contributions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/re-assessment-order-income-tax-itat-delhi-employer-employee-contributions-infotech-cpc.jpg "ITAT sets aside Re-Assessment Order, due to Lack of Opportunity of being Heard and Errors in Employer-Employee Contributions [Read Order]")