![Denial of TDS and Advance Tax Credits for Amalgamated Company: ITAT Directs AO to Grant Credits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Denial-of-TDS-and-Advance-Tax-Credits-Tax-Credits-ITAT-ITAT-Directs-AO-TDS-assessment-order-Departmental-Representativ-Taxscan.jpg "Denial of TDS and Advance Tax Credits for Amalgamated Company: ITAT Directs AO to Grant Credits [Read Order]")
Denial of TDS and Advance Tax Credits for Amalgamated Company: ITAT Directs AO to Grant Credits [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Assessing Officer (AO) to grant Tax Deducted at Source (TDS) and advance...
![Surcharge on Income Tax Applicable only on Income Exceeding Rs. 50 Lakhs: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Surcharge-Surcharge-on-Income-Tax-Income-Tax-Income-Tax-Applicable-Income-Exceeding-ITAT-taxscan.jpg "Surcharge on Income Tax Applicable only on Income Exceeding Rs. 50 Lakhs: ITAT [Read Order]")
![Income Tax Annual Digest 2024: ITAT Cases [Part 31]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Annual-Digest-2024-ITAT-Cases-Income-Tax-Cases-Part-31-taxscan.jpg "Income Tax Annual Digest 2024: ITAT Cases [Part 31]")
![Relief to Shapoorji Pallonji: Andhra Pradesh HC remands GST matter seeking Refund of TDS in Electronic Cash Ledger [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Shapoorji-Pallonji-Andhra-Pradesh-HC-GST-Refund-TDS-Electronic-Cash-Ledger-taxscan.jpg "Relief to Shapoorji Pallonji: Andhra Pradesh HC remands GST matter seeking Refund of TDS in Electronic Cash Ledger [Read Order]")
Family Trip to Matheran in Exchange for Issuing 100% DIT Relief Certificates: CBI Files Bribery Case Against Income Tax Inspector
The Central Bureau of Investigation ( CBI ) launched an investigation into a Mumbai-based Income Tax inspector accused of accepting bribes to quick official processes. Subodh Roy, formerly posted...
Income Tax Dept Specifies Conditions for TDS Exemption on Purchases from IFSC Units u/s 194Q [Read Order]
The Income Tax Department issued Notification No. 3/2025, dated January 2, 2025, outlining specific conditions under which buyers are exempted from deducting tax at source ( TDS ) on purchases made...
![Income Tax Dept Specifies Conditions for TDS Exemption on Purchases from IFSC Units u/s 194Q [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Income-Tax-Income-Tax-Department-Tax-deducted-at-source-TDS-TDS-Exemption-TAXSCAN.jpg "Income Tax Dept Specifies Conditions for TDS Exemption on Purchases from IFSC Units u/s 194Q [Read Order]")
Lower TDS for Salaried Employees: Net TDS/TCS Benefits to Be Included in Statements from January 2025
From January 1, 2025, salaried employees will experience a huge improvement in the way their Tax Deducted at Source (TDS) is calculated. The new system will ensure that the tax deducted on salaries...
![Error in using Deceased Persons PAN in S.263 Revision Order: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Income-Tax-Appellate-Tribunal-Deceased-Persons-PAN-error-case-taxscan.jpg "Error in using Deceased Persons PAN in S.263 Revision Order: ITAT quashes Order [Read Order]")
![Interest u/s 234A Accrues from Due Date until Full Tax Payment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Tax-Payment-Taxscan.jpg "Interest u/s 234A Accrues from Due Date until Full Tax Payment: ITAT [Read Order]")
![Discrepancy in EDC Payment and Tax Liabilities: ITAT Remands Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Delhi-Discrepancy-in-EDC-Payment-EDC-Payment-External-Development-Charges-taxscan.jpg "Discrepancy in EDC Payment and Tax Liabilities: ITAT Remands Matter to AO [Read Order]")