![No Restriction of Payment of Remuneration to Partners u/s 40(b): ITAT Deletes ₹4.45 Lakh Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099135-rupeee.webp "No Restriction of Payment of Remuneration to Partners u/s 40(b): ITAT Deletes ₹4.45 Lakh Disallowance [Read Order]")
No Restriction of Payment of Remuneration to Partners u/s 40(b): ITAT Deletes ₹4.45 Lakh Disallowance [Read Order]
The Chennai Bench of the Income-Tax Appellate Tribunal (ITAT) deleted the disallowance made by the Assessing Officer (AO) and confirmed by the...
![Speculation Income Addition and Unexplained Income Addition of ₹68.45 Lakh: ITAT Remits Matter for Fresh Adjudication on Taxpayers Affidavit [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/250x150_2099114-income-addition-unexplained-income-unexplained-income-addition-itat-taxscan.webp "Speculation Income Addition and Unexplained Income Addition of ₹68.45 Lakh: ITAT Remits Matter for Fresh Adjudication on Taxpayers Affidavit [Read Order]")
![Payments for Bandwidth Services Not Royalty under India–UAE DTAA: ITAT Mumbai Deletes ₹1.55 Crore Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/250x150_2099046-india-uae-dtaa-taxscan.webp "Payments for Bandwidth Services Not Royalty under India–UAE DTAA: ITAT Mumbai Deletes ₹1.55 Crore Addition [Read Order]")
![Deemed Dividend u/s 2(22)(e) Not Attractable Where Borrower is Not Shareholder: ITAT Deletes Rs. 49.56 Lakh Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/250x150_2099059-deemed-dividend-taxscan.webp "Deemed Dividend u/s 2(22)(e) Not Attractable Where Borrower is Not Shareholder: ITAT Deletes Rs. 49.56 Lakh Addition [Read Order]")
![Network Company Collected Service Tax on Broadcasting Services but Failed to Deposit: CESTAT Upholds Penalty [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/250x150_2099058-cestat-penalty-taxscan.webp "Network Company Collected Service Tax on Broadcasting Services but Failed to Deposit: CESTAT Upholds Penalty [Read Order]")
NCLT Upholds Rs. 1.03 Crore Operational Debt Despite 24% Interest Challenge, Initiates CIRP u/s 9 [Read Order]
The Ahmedabad bench of the National Company Law Tribunal (NCLT) held that under Section 9(5) of the IBC, 2016, a dispute limited to interest does not amount to a pre-existing dispute and therefore...
![NCLT Upholds Rs. 1.03 Crore Operational Debt Despite 24% Interest Challenge, Initiates CIRP u/s 9 [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099040-operational-debt-taxscan.webp "NCLT Upholds Rs. 1.03 Crore Operational Debt Despite 24% Interest Challenge, Initiates CIRP u/s 9 [Read Order]")
BCI Clarifies Restrictions on Unregistered Tie-Ups Between Indian and Foreign Law Firms, Revises Earlier Release [Read Press Release]
The Bar Council of India (BCI) has issued a new press release to clarify the rules on collaborations between Indian and foreign law firms. The clarification, which was released on October 21, ...
![BCI Clarifies Restrictions on Unregistered Tie-Ups Between Indian and Foreign Law Firms, Revises Earlier Release [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099069-bar-council-india-taxscan.webp "BCI Clarifies Restrictions on Unregistered Tie-Ups Between Indian and Foreign Law Firms, Revises Earlier Release [Read Press Release]")
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 AO’s rectification and held that the CIT(A)’s...
![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]")
Limited Scrutiny Assessment: ITAT Deletes Rs. 8.68 Lakh Presumptive Income Addition u/s 44AD, Holding AO Exceeded Jurisdiction [Read Order]
The Delhi bench of Income Tax Appellate Tribunal (ITAT) deleted Rs. 8.68 Lakh presumptive income addition under Section 44AD, holding that the AO exceeded its jurisdiction when the matter was only...
![Limited Scrutiny Assessment: ITAT Deletes Rs. 8.68 Lakh Presumptive Income Addition u/s 44AD, Holding AO Exceeded Jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099034-scrutiny-taxscan.webp "Limited Scrutiny Assessment: ITAT Deletes Rs. 8.68 Lakh Presumptive Income Addition u/s 44AD, Holding AO Exceeded Jurisdiction [Read Order]")
ITAT Quashes S.148 Notices Due to Invalid Sanction and Failure to Satisfy S. 149(1)(b) Conditions [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) quashed the reassessment notices issued under Section 148 of the Income Tax Act for Assessment Years (AYs) 2015-16 to 2019-20 due to...
![ITAT Quashes S.148 Notices Due to Invalid Sanction and Failure to Satisfy S. 149(1)(b) Conditions [Read Order]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099025-exel-rubber-taxscan.webp "ITAT Quashes S.148 Notices Due to Invalid Sanction and Failure to Satisfy S. 149(1)(b) Conditions [Read Order]")
![RTI Reveals: MCA Discloses Who Has Access to Company Directors’ Personal Data [Read RTI]](https://images.taxscan.in/h-upload/2025/10/22/500x300_2099021-rti-reveals-mca-who-has-access-company-directors-personal-data-taxscan.webp "RTI Reveals: MCA Discloses Who Has Access to Company Directors’ Personal Data [Read RTI]")
Reassessment Based Solely on Audit Objection Constitutes Mere Change of Opinion: ITAT Quashes Reopening in Income Tax Case [Read Order]
The Bench of the Income Tax Appellate Tribunal, Delhi , has ruled that reassessment initiated merely on the basis of an audit objection without any new tangible material amounts to a mere change of...
![Reassessment Based Solely on Audit Objection Constitutes Mere Change of Opinion: ITAT Quashes Reopening in Income Tax Case [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/500x300_2098902-reassessment-itat-itat-quashes-income-tax-income-tax-case-taxscan.webp "Reassessment Based Solely on Audit Objection Constitutes Mere Change of Opinion: ITAT Quashes Reopening in Income Tax Case [Read Order]")