![Rs 1.90 Crore FDR Renewal Not a Fresh Investment: ITAT Upholds Deletion of Addition u/s 69 [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099293-fdr-renewal-fresh-investment-itat-taxscan.webp "Rs 1.90 Crore FDR Renewal Not a Fresh Investment: ITAT Upholds Deletion of Addition u/s 69 [Read Order]")
Rs 1.90 Crore FDR Renewal Not a Fresh Investment: ITAT Upholds Deletion of Addition u/s 69 [Read Order]
The Delhi bench of Income Tax Appellate Tribunal deleted the addition of Rs 1.90 Crore under Section 69, observing that the amount was a renewal of ...
![Awaiting CCIT order on Delayed ITR Condonation Petition: ITAT Remands on 80P Deduction Disallowance Matter [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099278-ccit-order-delayed-itr-condonation-petition-itat-remands-80p-deduction-disallowance-taxscan.webp "Awaiting CCIT order on Delayed ITR Condonation Petition: ITAT Remands on 80P Deduction Disallowance Matter [Read Order]")
![Interest Deduction u/s 57: ITAT Allows Claim After Verifying Payments and Interest Earned [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099260-itat-verifying-payments-interest-earned-taxscan.webp "Interest Deduction u/s 57: ITAT Allows Claim After Verifying Payments and Interest Earned [Read Order]")
![Customs cannot Insist on Environment Ministry Clearance for Importing Used Multifunction Printers: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099272-customs-insist-environment-ministry-clearance-importing-used-multifunction-printers-madras-hc-taxscan.webp "Customs cannot Insist on Environment Ministry Clearance for Importing Used Multifunction Printers: Madras HC [Read Order]")
![Denial of S.80G Approval Due to Excess ‘Pooja Expenses’: ITAT Remands Matter to CIT(E) for Fresh Consideration [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099250-pooja-expenses-itat-taxscan.webp "Denial of S.80G Approval Due to Excess ‘Pooja Expenses’: ITAT Remands Matter to CIT(E) for Fresh Consideration [Read Order]")
CSR Donations Eligibility for Section 80G Deduction: ITAT Quashes PCIT Revision Order in Hapag Lloyd Matter [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the Principal Commissioner of Income Tax ( PCIT )’s revision order in Hapag Lloyd matter and restored the assessment, holding that ...
![CSR Donations Eligibility for Section 80G Deduction: ITAT Quashes PCIT Revision Order in Hapag Lloyd Matter [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099265-csr-donations-eligibility-section-80g-deduction-itat-quashes-pcit-revision-order-hapag-lloyd-taxscan.webp "CSR Donations Eligibility for Section 80G Deduction: ITAT Quashes PCIT Revision Order in Hapag Lloyd Matter [Read Order]")
Non-Filing of Form 3CL Not Ground to Reopen Assessment u/s 147: Kerala HC Quashes ITAT Order Against Apollo Tyres on Limitation [Read Order]
In a recent ruling, the Kerala High Court held that the non-filing of Form 3CL could not be treated as suppression of material facts for reopening an assessment under Section 147 of the Income Tax...
![Non-Filing of Form 3CL Not Ground to Reopen Assessment u/s 147: Kerala HC Quashes ITAT Order Against Apollo Tyres on Limitation [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099258-appollo-tyres-taxscan.webp "Non-Filing of Form 3CL Not Ground to Reopen Assessment u/s 147: Kerala HC Quashes ITAT Order Against Apollo Tyres on Limitation [Read Order]")
Levy of IGST on Ocean Freight under CIF Contracts Invalid after Mohit Minerals Ruling: Madras HC [Read Order]
The Madurai Bench of the Madras High Court has quashed a show cause notice issued to L S Mills Limited, holding that the levy of Integrated Goods and Services Tax (IGST) on ocean freight under Cost,...
![Levy of IGST on Ocean Freight under CIF Contracts Invalid after Mohit Minerals Ruling: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099254-levyofigst-oceanfreight-cifcontractsinvalid-mohitmineralsruling-madrashc-taxscanoptimized150.webp "Levy of IGST on Ocean Freight under CIF Contracts Invalid after Mohit Minerals Ruling: Madras HC [Read Order]")
Limitation of Income Tax Rule 68B Not Applicable to Debt Recovery under RDDB Act: Kerala High Court [Read Order]
The Kerala High Court has clarified that the limitation period prescribed under Rule 68B of the Second Schedule to the Income Tax Act, 1961 does not govern recovery proceedings under the Recovery...
![Limitation of Income Tax Rule 68B Not Applicable to Debt Recovery under RDDB Act: Kerala High Court [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099248-limitation-income-tax-rule-68b-applicable-debt-recovery-under-rddb-act-kerala-high-court-taxscan.webp "Limitation of Income Tax Rule 68B Not Applicable to Debt Recovery under RDDB Act: Kerala High Court [Read Order]")
Customs Seized Imported Used Printers Despite DGFT Chartered Engineer Clearance: Madras HC Orders Provisional Release [Read Order]
The Madras High Court recently directed the provisional release of 102 imported second-hand Digital Multifunction Print & Copy Machines (MFDs) that were seized by Customs, after noting that the...
![Customs Seized Imported Used Printers Despite DGFT Chartered Engineer Clearance: Madras HC Orders Provisional Release [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099240-customs-seized-dgft-chartered-engineer-madras-hc-taxscan.webp "Customs Seized Imported Used Printers Despite DGFT Chartered Engineer Clearance: Madras HC Orders Provisional Release [Read Order]")
Excess Addition u/s 56(2)(vii)(b) on Jointly Purchased Property: ITAT Restricts It to 50% and Partly Allows Appeal [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) partly allowed the appeal of the assessee, restricting the addition under section 56(2)(vii)(b) of Income Tax Act,1961 on a jointly ...
![Excess Addition u/s 56(2)(vii)(b) on Jointly Purchased Property: ITAT Restricts It to 50% and Partly Allows Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099244-excess-addition-jointly-purchased-property-itat-partly-appeal-taxscan.webp "Excess Addition u/s 56(2)(vii)(b) on Jointly Purchased Property: ITAT Restricts It to 50% and Partly Allows Appeal [Read Order]")
Non-Resident Assessee need not Mandatorily have PE in India: Supreme Court remands Disallowance to AO [Read Judgement]
The Supreme Court of India has ruled that a temporary lull in business activity does not amount to cessation of business, allowing Pride Foramer S.A., a French non-resident company engaged in oil...
![Non-Resident Assessee need not Mandatorily have PE in India: Supreme Court remands Disallowance to AO [Read Judgement]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099245-non-resident-assessee-mandatorily-have-pe-in-india-supreme-court-disallowance-to-ao-taxscan.webp "Non-Resident Assessee need not Mandatorily have PE in India: Supreme Court remands Disallowance to AO [Read Judgement]")