Begin typing your search above and press return to search.
"The system is stable and fully functional...", says CBDT whilst Extending Tax Audit Report Due Date: Here's why it is Otherwise
On 25th September 2025, the Central Board of Direct Taxes (CBDT) announced an extension for filing Tax Audit Reports (TARs) for Assessment Year...
![Income from Freight Trading, Discounts, and Reimbursements Not Taxable as Service: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/250x150_2091897-income-from-freight-trading-discounts-reimbursements-taxable-service-cestat-taxscan.webp "Income from Freight Trading, Discounts, and Reimbursements Not Taxable as Service: CESTAT [Read Order]")
![Debatable Warranty Provision Disallowance u/s 37(1) Falls Outside Section 154 Scope: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/500x300_2091881-debatable-warranty-provision-disallowance-us-371-outside-section-154-scope-itat-taxscan.webp "Debatable Warranty Provision Disallowance u/s 37(1) Falls Outside Section 154 Scope: ITAT [Read Order]")
Accommodation Entry Share Sale Treated as Unexplained Income u/s 69: ITAT Deletes Addition, Finds Actual Profit Only Rs. 842 [Read Order]
The Nagpur Bench of Income Tax AppellateTribunal ( ITAT ) deleted an addition under section 69 of Income Tax Act,1961 in an alleged accommodation entry share sale, finding that the actual profit was...
![Accommodation Entry Share Sale Treated as Unexplained Income u/s 69: ITAT Deletes Addition, Finds Actual Profit Only Rs. 842 [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/500x300_2091875-accommodation-entry-share-sale-treated-unexplained-income-us-69-itat-finds-actual-profit-taxscan.webp "Accommodation Entry Share Sale Treated as Unexplained Income u/s 69: ITAT Deletes Addition, Finds Actual Profit Only Rs. 842 [Read Order]")
![Condonation of 17-Day Delay Exceeds 15-Day Limit u/s 61(2) of IBC: NCLAT Rejects Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/500x300_2091869-condonation-day-delay-exceeds-us-612-ibc-nclat-rejects-appeal-taxscan.webp "Condonation of 17-Day Delay Exceeds 15-Day Limit u/s 61(2) of IBC: NCLAT Rejects Appeal [Read Order]")
ITAT Delivers Twin Blow to Revenue; Upholds 80-IA on Amalgamated Units, Caps 14A at Actual Exempt Income [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has dismissed the Revenue’s appeal and allowed the Cross Objection providing a dual relief to the taxpayer. The Tribunal upheld the...
![ITAT Delivers Twin Blow to Revenue; Upholds 80-IA on Amalgamated Units, Caps 14A at Actual Exempt Income [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/500x300_2091861-itat-delivers-revenue-upholds-80-ia-amalgamated-units-caps-14a-actual-exempt-income-taxscan.webp "ITAT Delivers Twin Blow to Revenue; Upholds 80-IA on Amalgamated Units, Caps 14A at Actual Exempt Income [Read Order]")
![ITAT Grants Lifeline to Absentee Assessee, Slams CIT(A) for No-Reason Ex-Parte Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/500x300_2091727-itat-grants-lifeline-lifeline-assessee-taxscan.webp "ITAT Grants Lifeline to Absentee Assessee, Slams CIT(A) for No-Reason Ex-Parte Order [Read Order]")
Clerical Error Can't Sink Charity Application, ITAT Sides with Trust in Registration Row [Read Order]
The Income Tax Appellate Tribunal (Agara Bench) held that a mere clerical error in quoting an incorrect section of the Income Tax Act cannot be grounds for the rejection of a trust’s application for...
![Clerical Error Cant Sink Charity Application, ITAT Sides with Trust in Registration Row [Read Order]](https://images.taxscan.in/h-upload/2025/09/27/500x300_2091724-charity-application-itat-trust-trust-in-registration-taxscan.webp "Clerical Error Cant Sink Charity Application, ITAT Sides with Trust in Registration Row [Read Order]")