![Rs. 20k Incremental Rent Paid to Related Party Disallowed as Excess u/s 40A(2)(b): ITAT Remits for Documentary Verification [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/500x300_2096664-incremental-paid-disallowed-excess-us-40a2b-itat-documentary-verification-taxscan.webp "Rs. 20k Incremental Rent Paid to Related Party Disallowed as Excess u/s 40A(2)(b): ITAT Remits for Documentary Verification [Read Order]")
Rs. 20k Incremental Rent Paid to Related Party Disallowed as Excess u/s 40A(2)(b): ITAT Remits for Documentary Verification [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal remitted a matter of disallowance of incremental rent paid under Section 40(2)(b) to the related...
![Real Expenditure on Goods Received Despite Fictitious Invoices: ITAT Restricts Bogus Purchases Disallowance to 25% [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/250x150_2096646-real-expenditure-goods-received-despite-invoices-itat-bogus-purchases-disallowance-taxscan.webp "Real Expenditure on Goods Received Despite Fictitious Invoices: ITAT Restricts Bogus Purchases Disallowance to 25% [Read Order]")
![Pre-Diwali ITR Audit Report Filing Rush Breaks Income Tax e-Filing Portal: Complaints Raised by CAs on Upload Failure [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/250x150_2096598-itr-filing-taxscan.webp "Pre-Diwali ITR Audit Report Filing Rush Breaks Income Tax e-Filing Portal: Complaints Raised by CAs on Upload Failure [Read Order]")
![No Scientific Test or Documentary Proof to Establish Foreign Origin of Dry Dates: CESTAT Sets Aside Confiscation [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/250x150_2096592-dry-dates-cestat-taxscan.webp "No Scientific Test or Documentary Proof to Establish Foreign Origin of Dry Dates: CESTAT Sets Aside Confiscation [Read Order]")
Lack of proper opportunity to explain Bogus Creditors: ITAT Remits Matter with One more Opportunity [Read Order]
The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) remitted the matter back to the Commissioner of Income-tax (Appeals) [CIT(A)] with one more opportunity to explain his case noting the lack...
![Lack of proper opportunity to explain Bogus Creditors: ITAT Remits Matter with One more Opportunity [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/500x300_2096576-bogus-purchase-taxscan.webp "Lack of proper opportunity to explain Bogus Creditors: ITAT Remits Matter with One more Opportunity [Read Order]")
Difference Between Stamp Duty Value and Purchase Consideration on Flat Within 10% Tolerance Limit u/s 56(2)(x): ITAT Deletes Rs. 3.31 Cr Income Tax Addition [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) deleted a 3.31 crore addition on the ground that the difference between the stamp duty and the purchase consideration on the flat was within...
![Difference Between Stamp Duty Value and Purchase Consideration on Flat Within 10% Tolerance Limit u/s 56(2)(x): ITAT Deletes Rs. 3.31 Cr Income Tax Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/500x300_2096575-stamp-duty-value-itat-income-tax-addition-taxscan.webp "Difference Between Stamp Duty Value and Purchase Consideration on Flat Within 10% Tolerance Limit u/s 56(2)(x): ITAT Deletes Rs. 3.31 Cr Income Tax Addition [Read Order]")
ER-1 Return Qualifies as a Valid Duty-Paying Document under Rule 9(2) of CENVAT Credit Rules: CESTAT [Read Order]
The Allahabad Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that an ER-1 return can be treated as a valid duty-paying document under Rule 9(2) of the CENVAT...
![ER-1 Return Qualifies as a Valid Duty-Paying Document under Rule 9(2) of CENVAT Credit Rules: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/500x300_2096599-valid-duty-paying-cenvat-credit-rules-cestat-taxscan.webp "ER-1 Return Qualifies as a Valid Duty-Paying Document under Rule 9(2) of CENVAT Credit Rules: CESTAT [Read Order]")
![Bogus Loan Entry: ITAT upholds Reopening under Revised Section 147 [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/500x300_2096579-bogus-loan.webp "Bogus Loan Entry: ITAT upholds Reopening under Revised Section 147 [Read Order]")
ED Probes Shree Ganesh Jewellery House for ₹2,672 Cr Loan Fraud: 25-Bank Consortium Cheated [Read Press Release]
The Enforcement Directorate (ED) has initiated a probe into the Kolkata-based Jewellery Shree Ganesh Jewellery House (I) Ltd. and its promoters for allegedly defrauding a consortium of 25 banks to...
![ED Probes Shree Ganesh Jewellery House for ₹2,672 Cr Loan Fraud: 25-Bank Consortium Cheated [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/14/500x300_2096566-shree-ganesh-jewellery-house-ed-loan-fraud-bank-consortium-taxscan.webp "ED Probes Shree Ganesh Jewellery House for ₹2,672 Cr Loan Fraud: 25-Bank Consortium Cheated [Read Press Release]")