![Categorisation of ₹38 Lakh Non-Compete Fee as Revenue Expenditure: ITAT Allows Deduction to Real Estate Firm [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093717-real-estate-firm.webp "Categorisation of ₹38 Lakh Non-Compete Fee as Revenue Expenditure: ITAT Allows Deduction to Real Estate Firm [Read Order]")
Categorisation of ₹38 Lakh Non-Compete Fee as Revenue Expenditure: ITAT Allows Deduction to Real Estate Firm [Read Order]
The bench of the Income Tax Appellate Tribunal, Ahmedabad, has allowed the deduction of non-compete expenditure claimed by a real estate firm,...
![Pattern Transactions Categorise ₹1.77 Cr Unsecured Loan as Unexplained Cash Credit: ITAT upholds Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/250x150_2093695-unexplained-cash-credit-itat-taxscan.webp "Pattern Transactions Categorise ₹1.77 Cr Unsecured Loan as Unexplained Cash Credit: ITAT upholds Addition u/s 68 [Read Order]")
![SEBI clarifies ‘No Regulatory Oversight of Family Offices’ amid Media Speculation [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/04/250x150_2093810-sebi-regulatory-oversight-family-offices-amid-speculation-taxscan.webp "SEBI clarifies ‘No Regulatory Oversight of Family Offices’ amid Media Speculation [Read Press Release]")
![Pending appeals must Halt Recovery Proceedings: Kerala HC Stays Income Tax Demand Against Cooperative Bank Citing SC Precedent [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/250x150_2093699-itat-mumbai-income-tax-income-tax-act-commercial-banks-co-operative-banks-taxscan.webp "Pending appeals must Halt Recovery Proceedings: Kerala HC Stays Income Tax Demand Against Cooperative Bank Citing SC Precedent [Read Order]")
![Wrong Sub-Clause Selected in Form 10AB u/s 80G(5): ITAT Restores Matter to CIT(E) for Fresh Consideration [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/250x150_2093545-itat-weekly-round-up-itat-income-tax-income-tax-act-weekly-round-up-taxscan.webp "Wrong Sub-Clause Selected in Form 10AB u/s 80G(5): ITAT Restores Matter to CIT(E) for Fresh Consideration [Read Order]")
Delay Beyond GST Act Limitation Can Still Be Condoned by Constitutional Courts: J&K HC Quashes Order Dismissing Appeal as Time-Barred [Read Order]
The Jammu & Kashmir High Court has held that while the GST ( Goods and Services Tax) Act prescribes a strict limitation period for filing appeals, constitutional courts are not barred from...
![Delay Beyond GST Act Limitation Can Still Be Condoned by Constitutional Courts: J&K HC Quashes Order Dismissing Appeal as Time-Barred [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093788-delay-gst-act-limitation-condoned-taxscan.webp "Delay Beyond GST Act Limitation Can Still Be Condoned by Constitutional Courts: J&K HC Quashes Order Dismissing Appeal as Time-Barred [Read Order]")
Alleged Failure to Deduct TDS on Salary: ITAT quashes Time-Barred Income Tax Penalty u/s 271C [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench, has held that a penalty order under Section 271C of the Income Tax Act, 1961 was time-barred under Section 275(1)(c) of the Income Tax...
![Alleged Failure to Deduct TDS on Salary: ITAT quashes Time-Barred Income Tax Penalty u/s 271C [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093519-tds-itat-quashes-income-tax-penalty-taxscan.webp "Alleged Failure to Deduct TDS on Salary: ITAT quashes Time-Barred Income Tax Penalty u/s 271C [Read Order]")
ITAT Upholds CIT(A)’s Deletion of Rs. 318.40 Lakh Disallowance u/s 40A(3) for Land Cash Payment as Business Expediency [Read Order]
The Chandigarh Bench of Income Tax Appellate Tribunal ( ITAT )upheld the Commissioner of Income Tax (Appeals)[CIT(A)]’s deletion of a Rs. 318.40 lakh disallowance under section 40A(3) of Income...
![ITAT Upholds CIT(A)’s Deletion of Rs. 318.40 Lakh Disallowance u/s 40A(3) for Land Cash Payment as Business Expediency [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093467-agricultural-land-money.webp "ITAT Upholds CIT(A)’s Deletion of Rs. 318.40 Lakh Disallowance u/s 40A(3) for Land Cash Payment as Business Expediency [Read Order]")
Unexplained Cash Deposits in Bank: ITAT Restricts Addition to 12% as Interest on Short-Term Loans [Read Order]
The Jabalpur Bench of Income Tax Appellate Tribunal ( ITAT ) partly allowed the appeal, restricting the addition of unexplained cash deposits in bank to 12% of the total deposits as interest on ...
![Unexplained Cash Deposits in Bank: ITAT Restricts Addition to 12% as Interest on Short-Term Loans [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093491-itat-itat-kolkata-unexplained-cash-deposit-income-tax-appellate-tribunal-itat-case-for-reassessment-of-cash-deposit-taxscan.webp "Unexplained Cash Deposits in Bank: ITAT Restricts Addition to 12% as Interest on Short-Term Loans [Read Order]")
Recovery must await Stay Adjudication: Kerala HC Stays Income Tax Proceedings Pending Tribunal's Decision [Read Order]
In a recent ruling, the Kerala High Court stayed income tax recovery proceedings pending the Tribunal's decision on a stay application on holding that recovery must await adjudication of the stay...
![Recovery must await Stay Adjudication: Kerala HC Stays Income Tax Proceedings Pending Tribunals Decision [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093735-income-tax-stay-adjudication-await-stay-adjudication-kerala-hc-taxscan.webp "Recovery must await Stay Adjudication: Kerala HC Stays Income Tax Proceedings Pending Tribunals Decision [Read Order]")
Cross-Empowerment of GST Officers allowable in Intelligence-based Enforcement Action, Have Concurrent Powers: J&K HC [Read Order]
In a recent ruling, the Jammu & Kashmir and Ladakh High Court upheld the cross-empowerment of Goods and Service Tax (GST) officers on Intelligence based enforcement action, dismissing multiple...
![Cross-Empowerment of GST Officers allowable in Intelligence-based Enforcement Action, Have Concurrent Powers: J&K HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093736-jammu-kashmir-and-ladakh-high-court.webp "Cross-Empowerment of GST Officers allowable in Intelligence-based Enforcement Action, Have Concurrent Powers: J&K HC [Read Order]")
CBIC Issues Instruction on Provisional Sanction of Refund Claims on Basis of identification and Evaluation of Risk by System [Read Instruction]
The Central Board of Indirect Taxes and Customs ( CBIC ) has issued Instruction No. 06/2025-GST dated 3rd October 2025, providing detailed guidelines for the provisional sanction of refund claims...
![CBIC Issues Instruction on Provisional Sanction of Refund Claims on Basis of identification and Evaluation of Risk by System [Read Instruction]](https://images.taxscan.in/h-upload/2025/10/04/500x300_2093734-refund-claim-refund-claim-refund-claim-by-adding-invoices-taxscan.webp "CBIC Issues Instruction on Provisional Sanction of Refund Claims on Basis of identification and Evaluation of Risk by System [Read Instruction]")